Author: Mike Terranova | Page 10 | The Terranova Team

What Delaware Home Sellers Need to Know About the Appraisal Gap

March 10, 2022

When you’re selling your home and offers start coming in, it can be appealing to accept the highest offer and move on. To begin learning how things can become complicated if a bidding war gets too out of control in a seller’s market, let’s go over what Delaware home sellers need to know about the … Continued

How to Avoid Paying PMI When Buying a House in Delaware

March 9, 2022

By Mike Terranova

The last thing you need when purchasing your home is an additional fee tacked on to your mortgage for Private Mortgage Insurance, or PMI. Let’s go over how to avoid paying PMI when buying a house in Delaware to do everything to keep your monthly mortgage payments as low as possible: What Is Private Mortgage … Continued

How Waiting to Buy Could Cost Home Buyers in Delaware

March 6, 2022

By Mike Terranova

While holding off on making your home purchase can give you extra time to save and plan, there’s something to be said for striking while the iron is hot if you find that outstanding deal on your dream home. Let’s take a look at the bigger picture across the real estate industry to better understand … Continued

4 Common Myths About Selling Your House in Delaware

March 3, 2022

By Mike Terranova

There’s plenty of advice that can be given when it comes to selling your home, but it’s extremely easy to get some bad guidance that makes selling your home more difficult than it needs to be. In order to reduce the possibility that you go down that bad advice rabbithole, let’s look at 4 common … Continued

What You Need to Know About Debt-to-Income Ratio When Buying a House in Delaware

March 2, 2022

By Mike Terranova

The process of buying a house involves a lot of time, planning, and financial preparation in order to make everything a success. To help you through the process of getting approved for your mortgage, here’s what you need to know about the debt-to-income ratio when buying a house in Delaware: What Is DTI ratio? Simply … Continued

5 Tips to Help You Afford a New Home in Delaware

February 27, 2022

By Mike Terranova

There are a lot of different parts that go into searching for and then purchasing a new home, and it can become overwhelming for the average homebuyer with a limited understanding of the entire process. To ease some of that anxiety and set you up for success, let’s go over 5 tips to help you … Continued

How Does the Pre-Approval Process Work for Homebuyers in Delaware?

February 23, 2022

By Mike Terranova

The way to obtain pre-approval through a mortgage lender can seem a bit confusing if you’re a first-time homebuyer or not knowledgeable of the real estate industry. Let’s prepare you for a big step in the average buyer’s journey to homeownership by looking at how the pre-approval process works for homebuyers in Delaware: Check Your … Continued

5 Ways Delaware Homeowners Can Blend the Outdoors With the Indoors

February 20, 2022

By Mike Terranova

Some of us like to live in a space that doesn’t separate the outdoors and indoors, but rather carefully brings them together in a harmonious fashion to enhance our everyday living experience. In order to make this idea into a reality, let’s look at 5 ways Delaware homeowners can blend the outdoors with the indoors: … Continued

3 Things to Consider Before Hiring a Real Estate Agent in Delaware

February 20, 2022

By Mike Terranova

Whether you’re buying or selling real estate, you probably intend to work with an agent. And you also know that you need to interview potential agents before you enter into this business relationship. The difficulty here lies in knowing just what you need to find out about prospective agents and what questions to ask to … Continued

4 Smart Home Gadgets You’ll Want to Add to your Delaware Home

February 13, 2022

By Mike Terranova

As home-enhancing technology becomes more readily available and cheaper to purchase for the average owner, there are plenty of ways to incorporate devices to make your life easier and more efficient. Let’s look at some ways to bring these technological game-changers into your home with 4 smart home gadgets you’ll want to add to your … Continued