17885 Loblolly Way, Milton, De 19968 | $459,000

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Property Details

Picture perfect setting in Reddenwood. Tucked away on a charming cul-de-sac, this property will not disappoint. Well appointed 3200 square foot residence with 4 bedrooms, bonus room, formal dining (or flex space), front porch and rear deck. Enjoy
  • MLS Number: 725616
  • Status: Active
  • Price: $459,000
  • Property Type:
  • Area: Broadkill Hundred
  • Community: Reddenwood
  • School District: Cape Henlopen
  • Square Footage: 3,200
  • Year Built: 2005
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Stories: 2
  • New Construction: No
  • County Taxes: $1,646
  • Association Fee: $789
  • Furnished: No
  • Lot Square Feet: 34,412
  • Lot Size Acres: 0.79
  • Lot Description: Cul de Sac, Landscaped
  • Water: Well
  • Sewer: Gravity Septic

Interior Features

  • Kitchen: Breakfast Bar, Countertops - Solid Surface, Eat In
  • Fireplace: Gas
  • Heating: Forced Air, Gas - Propane, Multi Zone
  • Cooling: Central A/C
  • Flooring: Carpet, Hardwood, Tile
  • Basement: Crawl Space-Conditioned
  • Attic: Access Only
  • Appliances: Dishwasher, Dryer-Electric, Exhaust Fan, Fridge w/Ice Maker, Garage Door Opener, Microwave, Oven/Range Gas, Oven-Self Cleaning, Washer, Water Heater Electric
  • Interior Features: Bedroom-Entry Level, Cable TV Prewired, Ceiling Fan(s), Fireplace-Gas, Insulated Door(s), Insulated Window(s), Insulation, MBED-Full Bath, Pull-Down Attic Stairs, Screen(s), Tub-Soaking/Whirlpool, Walk-In Closets, Window Treatments

Exterior Features

  • Style: Coastal,Craftsman
  • Construction Type: Stick/Frame
  • Exterior Type: Vinyl Siding
  • Roofing: Asphalt Shingle
  • Foundation: Concrete Block
  • Garage: Attached
  • Garage Size: 2
  • Parking: Driveway/Off Street, Garage
  • Porch/Deck/Patio: Deck - Rear, Patio - Rear
  • Exterior Features: Storage Shed/Outbuilding

Listing Courtesy of RE/MAX REALTY GROUP REHOBOTH

Courting Multiple Offers from Delaware Homebuyers This Season

For anyone who has listed their home on the Milton market, the equivalent of winning the lottery is a call from your agent telling you that multiple offers are on the way. It’s like hitting the jackpot — especially when the house draws top dollar.

Although the tactics that can trigger such a phone call vary by location and property type, a few overriding concepts put you far ahead in the competition to attract Milton’s motivated homebuyers—

  • Build excitement
    Delaware homebuyers are like everyone else: whenever there’s a crowd, natural curiosity prompts us to find out what all the fuss is about. When you list your property a few days before beginning the showing process, you increase the odds of drawing a larger turnout on the first days of showings — or at your well-publicized open house. When homebuyers sense they are being shoehorned into a full schedule, they get the message: this one is hot! In a real estate environment where word-of-mouth can play a key role, it’s smart to actively set up buzz and good press around your property.
  • Team with a pro
    Nothing prevents you from doing all the legwork yourself — if you have the spare time, that is (and don’t mind wading through reams of property data online, taking all the home buyer calls, working through their schedule changes, etc.). But when you team with a seasoned agent to perform the prep work for you, it frees your time to tend to more important tasks. Too, professionals have experience in screening potential Delaware homebuyers and encouraging those who are best qualified — ultimately saving you time and expense down the road.
  • Spruce it up
    As important as any other factor is being able to focus your energy on maintaining your home in impeccable shape. The dollars spent here and there on maintenance can draw ten times as much at closing. Delaware homebuyers usually have no trouble paying a bit extra for a well-maintained house. When homebuyers are presented with a property in absolutely excellent shape, it communicates long-term value — as well as a solid, trouble-free investment!

Savvy shoppers; don’t sit on the sidelines, 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.

Reverse Mortgage Ads Deserve Milton Applicants’ Scrutiny

Whenever the words “reverse mortgage” are uttered, any Milton TV viewer immediately makes the connection with one of several celebrity spokesmen who blanket the airwaves with commercials touting the concept. If you listen carefully, those reverse mortgage ads do actually describe the product with legal accuracy. If you have the standard degree of sales resistence most of us have developed after years of exposure to Madison Avenue pitches, you probably guess that instead of relying solely upon the celebrity spokesman’s trustworthiness, you’d better investigate further before running out and applying. Most people do.

So it was surprising when the government’s Consumer Financial Protection Bureau found it necessary to issue a special advisory on the subject. Potential Milton reverse mortgage applicants—that is, Milton homeowners who meet the minimum age requirement of 62 ½—were warned “not to be deceived” by the “late night TV ads that seem too good to be true.” Without quibbling with the CFPB about when those commercials appear (you can see them almost any time after about 3 p.m.), it is easy to see how they might create broadly mistaken impressions on at least two counts. And it’s too bad, because although a reverse mortgage can be a useful instrument, it really can have nightmarish consequences for someone who doesn’t fully understand the concept and its ramifications.

The warnings were the result of the consumer watchdog organization’s focus group study that showed many viewers coming away with misimpressions following screenings of the ads. Many did not understand that a reverse mortgage is a loan. Others got the impression that a reverse mortgage is a government benefit—and worse, some thought it guaranteed that consumers could stay in their homes for the rest of their lives.

The fact is, these loans are simply a specialized way seniors can tap into their home’s equity: the value that has built up over the years. It’s true that they are designed so that the homeowners do not have to repay the loan until he or she passes away, sells or moves out—but it’s no guarantee that other factors (like taxes, homeowner’s insurance, and maintenance expenses) might not still cause a default should the borrower run out of money.

There are other fine print details that are not mentioned in most of the ads…and they’re every bit as important as the terms of any loan. Among those that are barely touched upon are the fact that there are costs and interest provisions attached to reverse mortgages—and the CFPB finds them to be relatively expensive.

Most Milton homeowners are probably skeptical enough of any “too good to be true” pitch to automatically take a harder look—especially when it involves their Milton home’s equity. If you have questions about financial matters having to do with that equity, your best bet is to discuss the details with a trusted financial advisor or a federally-approved housing counselor. And for any other questions about Milton real estate, you needn’t hesitate to give me a call!  Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.com.