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Bill Cullin

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    Feature Property - Building Lot Close to the Delaware Beach $85,900 
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Address:   26084 Kits Burrow Court    City/ST:   Georgetown, DE   Zip Code:   19947  
Location:   Georgetown   Property Type:   Lot   New or Resale:   Resale   
Square Footage:   45738   MLS#   568815  

Welcome to Beaver Dam Estates South! A community that has wooded lots available from 1 to 3 acres to build your dream home on. There is not any builder tie in. Only minutes to the beaches in Lewes and Cape Henlopen State Park in Delaware. Builders Welcome! Call Bill Cullin at 302-841-7147 or Karen Gustafson at 302-236-8821 for more information.

Last Updated: 12/5/2009 12:07:39 PM

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Real Estate Tips
First Time Buyers >Good Faith Estimates

Several years ago the U.S. Congress tried to protect consumers from a few unscrupulous lenders by requiring all lenders to calculate and disclose the annual percentage rate (APR) you pay on your mortgage loan. But most homebuyers will learn more by directing their attention to the Good Faith Estimate of Settlement Costs (GFE). Although Congress meant well, in practice the APR is not helpful and may be confusing.

If you are looking for a good way to understand your costs of borrowing and/or to compare one lender's costs to another, the GFE is your best bet. Get your lender(s) to provide a written GFE before you commit your mortgage business. When reviewing a GFE, keep in mind that the lender actually controls only a certain portion of the disclosed costs. Other parties typically control costs of appraisal, settlement, title insurance, recording fees and taxes, survey, and the "prepaid" expenses of homeowner's insurance, mortgage insurance, real estate taxes, etc. Review these origination fees, discount points, etc. and you will have the ability to understand the full costs of your proposed mortgage loan.

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What vast and beautiful territory is named with an Indian word meaning "Big Village"?

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Bill Cullin, REALTOR®, real estate agent and broker for Lewes, Rehoboth Beach, Bethany Beach and Dewey Beach, Delaware home listings, property and land for sale - NUMBER1EXPERT

Bill Cullin
Long & Foster Real Estate Inc

37156 Rehoboth Avenue Ext Suite 5
Rehoboth Beach, DE 19971
302-841-7147
Fax: 302-227-8165
billcullin@NUMBER1EXPERT.com


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