Listing Courtesy of RE/MAX REALTY GROUP REHOBOTH
When companies need to move employees who are also homeowners, they have to make the transition as painless as possible (or risk losing a valued asset). UrbanBound is a Chicago-based professional relocation group who know the landscape. “Even the most hands-on HR departments in the world can have too much on their plates to give relocation the attention it needs,” they point out. Thus the $16 billion relocation industry!
If you’re contemplating a relocation to Lewes any time soon, even without the services of a specialist, there’s much we can learn from the do’s and don’ts they offer. Here are some key don’ts:
If relocation to Delaware or Sussex County will find you entering unfamiliar territory, don’t rely on MapQuest to tell you how long you drive to work will be. Take a serious look at public transportation, too, as you choose where you want to live in relation to your new job.
When you are relocating, the difference between a $30,000 and $45,000 salary (or even $70,000 and $100,000) might actually amount to a decrease in real earnings. When you’re considering cost of living differences for relocation to or from Lewes, don’t be tempted to stop at the obvious living expenses, like housing and food. Will you be doing more holidays traveling to visit those you left behind? Will the kids wind up in private schools if available public schools aren’t up to snuff? You’re looking for all cost differences…which can go the other way, too!
The experts mention (politely) that not only do you have to do the research; you also have to accept the results. School quality really can vary. Even noise quality can be a factor that drives location. Best practice? Find out what people have to say about where they live, good and bad. When you plan Lewes relocation carefully, you’ll take advantage of your new opportunity while avoiding common oversights. And if relocation is in your future, I’m here to help you find the right — and practical — new place to call home. Call/text 302-228-7871 or email me, Russell Stucki, REALTOR® of Beach Real Estate Market to provide detailed information on Delaware homes for sale, investment and commercial properties, luxury and waterfront homes, condos/townhomes, new construction, lots and land, farms and equestrian properties located in but not limited to Bethany, Bethel, Bridgeville, Dagsboro, Delmar, Ellendale, Fenwick Island, Frankford, Georgetown, Greenwood, Harbeson, Laurel, Lewes, Lincoln, Milford, Millsboro, Millville, Milton, Ocean View, Rehoboth Beach, Seaford, Selbyville, Delaware.
Conventional wisdom dictates that home sellers prefer cash offers. So what is a typical would-be buyer in Lewes to do when the competition comes forward with an all-cash offer? Cash offers may come from any of a variety of deep-pocketed parties: institutional investors, foreign investors, wealthy families or individual investors.
Beyond doing basic due diligence — gathering as much intel as you can about the property and the seller’s needs — if you’ve found the perfect home and are convinced it is the best property for your family, consider one or more of these tactics:
over asking — even by as little as 2% or 3% — can sometimes win the day, according to Noah Rosenblatt, founder of Urban Digs, a real estate analytics company. Cash buyers typically factor in opportunity costs, making it less likely that they will go beyond a certain price threshold. No one wants to pay more for a property than necessary, but going "over asking" may be the only way to secure an ideal property when cash offers are competing.
any contingencies from your offer will help strengthen your position and may well convince a Lewes seller that you are the party most likely to close successfully. The downside is that you will be assuming whatever risk had been the subject of the contingency in the first place. For example, if you were to submit an offer less any inspection contingencies, you might have to pay more than budgeted down the road if undiscovered repairs crop up.
The seller’s goal is maximize net return, so any term you add that puts more money in the seller’s pocket can sway the decision in your favor. Creative thinking pays. You might offer to pay the seller’s closing costs, cover your own Home Warranty policy, or any other add-on that has the desired effect.
While cash may be king in most cases, there are ways to compete with cash offers in Lewes. If you are looking for an agent with constructive solutions to help you find and secure the right property, why not call me today to take advantage of this spring's inventory?