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  • Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Levy Wilson, a proven Wilmington, Greenville and New Castle County, Delaware NUMBER1EXPERT™ Top Selling real estate agent.

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Real Estate Tips
Financing Your Home >Finicky Financiers

Buying an old house to fix up has an attraction for many people. If you can find a house with charm and character, a renovation may enable you to create just the living environment that you want. You should start with a good real estate agent to help you locate the right house and recommend lenders who make both acquisition and construction loans.

Financing a renovation is perhaps the most difficult part of the whole project, especially if the house needs extensive work. Few banks will make these loans to people who are not professional developers. You should prepare for your loan application by having a written proposal. It helps to have an engineer's report or architectural plans and to include estimates from contractors covering the costs and timetables for the work to be done. Your real estate agent can help you put together a market analysis of the neighborhood to show that you will not be over-improving the property compared with other homes in the area.

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Real Estate Trivia
Q 
What is the average age range of a second-home buyer in the United States?

A 
Currently, second-home buyers in America are most often between 41 and 44 years of age.
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Levy Wilson, REALTOR®, real estate agent and broker for Wilmington, Greenville and New Castle County, Delaware home listings, property and land for sale - NUMBER1EXPERT(tm)

LEVY WILSON
Prudential Fox and Roach Realtors

3838 Kennett Pike
Greenville, DE 19807
DIRECT: 302-888-1088
Fax: 302-888-0404
Office: 302-571-8855
LevyWilson@NUMBER1EXPERT.com

Levy Wilson is a top-producing Prudential Fox & Roach real estate team serving Delaware, Pennsylvania and New Jersey. For over 30 years, the unique combination of individual expertise and genuine team spirit has created an uncommonly effective resource for the region. But it's the team's hands-on approach that best describes its giving, yet ever knowledgeable, personality. Ask any Levy Wilson client what made their real estate experience so rewarding, and you're sure to hear about the welcoming professionals that brought it all home. Levy Wilson is a consistent member of the PREA 100 --- the top 100 sales professionals, out of over 65,000, in Prudential Real Estate in the U.S.

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