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Delaware Consumer Information Statement (CIS)

What this is not - this is not legal advice.  For questions and concerns about any legal forms and documents, please seek legal guidance and advice from a licensed legal professional. What this is - a quick overview of the Delaware Consumer Information Statement (CIS).  The CIS is the first form anyone looking to buy or sell a home in Delaware should see.  It is an informational form.  The first line at the very top states it "is not a contract."  Signing does not obligate the potential buyer or seller to pay any fees or enter into any exclusive agreements with a Salesperson or Broker.  The form simply explains Delaware Agency law and terminology. For those looking to rent residential property, there is a specific version of the CIS available. Delaware law, more specifically title 24 chapter 29, requires real estate Salespersons and Brokers to provide a CIS at the earlier of: the first scheduled appointment, or the first showing of a property, or making an ...
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Gift Card Scams

There are many different scams that result in purchasing gift cards to resolve some sort of made up issue.  In each case, there is a level of fear, uncertainty and doubt that causes the recipient to overlook common tells and believe the scam may be real.  Stepping back and logically looking at the presented message is key.  Sometimes that is easier said than done, especially when faced with a potential crisis situation.  It is however, plain and simple fraud. These scams can be delivered through almost any method - email, text message, social media message or good old fashioned phone call.  The scammer will send out a large number of these messages, hoping for a few good responses.  This is also known as a "spray and pray" method.  It is very rare for these scams to occur face to face or through the US mail, but they could.  The targeted demographics seems to be the elderly and those less likely to verify the information. There are many different ...
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Buying for the first-time

Buying a house is not something many people do on a regular basis. The process can be quite intimidating to some, especially those who have never done it before. Today I would like to focus on a few tips to help out first-time home buyers. Actually, most of these tips would be helpful for any home buyer.  Looking back to our first home purchase, there are a few things I wish somebody explained to my wife and I before we started. We weren't completely naive, however there seemed to be more confusion and uncertainty than we really needed. Overall, it wasn't a bad experience by any stretch of the imagination. We just seemed lost at points. Not sure what to expect next or why something happened. A lot of the confusion was really due to not understanding the process and what we were really looking for. Here are a few tips to help focus on the early stages of buying a house. They really aren't in any type of order, since they are all about the same level of importance. -...
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