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Showing posts with the label Buyer

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 ...

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. -...