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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
<Back to Page			Property 14 of 45 Selections

Feature Home - Custom Rancher

$380,000

Front View

Address: 38218 Waterway Drive	City/ST: Ocean View, DE	Zip Code: 19970
Location: Ocean View	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 2670	Bedrooms: 3	Bathrooms: 2 full, 1 half
MLS# 572203	Property Tax: 700

This well designed custom ranch home sits on a huge lot and has 3 bedrooms, 2.5 bathrooms. This home features a large living room, dining room, family room, sitting room, florida room, rear deck and 2 car garage with workshop. Community offers boat ramp, 300 ft of bulkheading, 24 hour boat tie-up, pool, tennis and near-by shopping.

Last Updated: 1/2/2010 2:04:03 PM

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Front View
Front
Kitchen
Kitchen view 2
Kitchen view 3
Dining room
Dining room view 2
Master bedroom
Master bedroom view 2
Master bathroom
Living room/Sitting room
Great room
Great room view 2
Sun room
Bedroom 2
Bedroom 3
Greatroom view 3
Kitchen view 4
Deck

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About Appraisals >Working With Appraisers

After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser.

The appraiser looks for three similar houses that have sold in the same area within the last several months, and compares the selling prices of these homes with the one that is now on the market. The appraiser makes adjustments to account for the differences in each property, and averages the adjusted prices of the other three homes to arrive at a final opinion of value. In subdivisions or condominium projects where there are many similar properties and numerous recent sales, the appraiser's job is relatively easy. In neighborhoods of older homes that have been renovated or remodeled over the years, it can be like comparing apples and oranges.

If the appraiser's evaluation is lower than the selling price, it can stall the transaction because the lender may decline the buyer's loan because of the discrepancy. A real estate agent can work to minimize potential delays associated with the appraisal process by helping the seller to price the home as close to fair market value as possible.

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Q	What famous person said this? "Real Estate is the best investment in the world because it is the only thing they're not making anymore!"
A	Will Rogers, who began his career as a rope-throwing cowboy and later became a famous stage and film star.
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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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