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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
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New Listing - Riverview Estates - loaded with upgrades

$279,900 Reduced from 363,500

Front View : Front of home

Address: 264 Marcel Ave	City/ST: Frederica, DE	Zip Code: 19946
Location: Riverview Estates	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 2100	Bedrooms: 5	Bathrooms: 2 full, 1 half
MLS# 562585	Property Tax: 1371

Princeton II Model on corner lot loaded with upgrades and inclusions - making this the best buy in Riverview Estates! Available immediately! A beauty of a house and a beauty of a deal. Call Donna Thomson for list of inclusions/upgrades and showings.

Last Updated: 8/7/2009 1:19:52 PM

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Front View
Rear and yard
View to back deck
Family to kitchen
Family room
Living room
Kitchen
Dining room
Basement
Bedroom 2
Bedroom 3
Bedroom 4
Master bedroom
Master bedroom view 2

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First Time Buyers >The Down Payment

Perhaps no single decision in a real estate purchase has more variables than "How much money do I put down?" Conventional wisdom centers around either putting down as much as you can or as little as the lender allows.

If you put down a large payment, you get some leverage with the lender, such as little or no mortgage insurance, a good equity position, and perhaps a preferred mortgage deal. You will also have lower mortgage payments. One potential disadvantage of a large down payment is that you will be using after-tax dollars on which you could be earning interest. You will also have less tax-deductible interest.

When you buy a home with a low down payment, you will have more tax deductible interest, and your investment value percentage will increase faster. You will have little equity at the outset, and your monthly mortgage payments (and perhaps your interest) will be higher. However, you will also keep more of your own money in hand to potentially earn more interest in other investments.

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Q	What is considered the world's tallest building?
A	The 185-story CN Tower in Toronto, Canada is the world's tallest free-standing building, rising to 1,815 feet.
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Wayne Lyons, REALTOR�, real estate agent and broker for Bethany Beach, North Bethany and Fenwick Island, Delaware home listings, property and land for sale - NUMBER1EXPERT

Wayne Lyons
Long & Foster
33298 S. Coastal Hwy
Bethany Beach
DE 19930
800-844-9151
302-539-4072
Fax: 302-539-2185
bethany-beach-homes@NUMBER1EXPERT.com
Wayne Lyons will tell you Bethany Beach, Fenwick Island, and the surrounding communties offer the best in life for those looking to make the most of coastal living. It is this love for home that has propelled Wayne to the forefront of his career as one of the area's most trusted real estate professionals. Few things bring him greater fulfillment than connecting others with the exceptional lifestyle here. Whether you are looking to buy or sell, give Wayne Lyons a call today.

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