Delaware
Real Estate in Delaware
Last updated on Mar 12, 2023
Summary: A newcomer to Delaware should begin their search by researching the different neighborhoods and towns in the state. They should consider factors such as cost of living, commute times, and local amenities. They should also research the local real estate market to get an idea of what types of homes are available and what prices they can expect to pay. Homes in Delaware typically include amenities such as central air conditioning, updated kitchens, and spacious yards. Many homes also feature modern appliances, hardwood floors, and updated bathrooms. Depending on the area, some homes may also include features such as swimming pools, outdoor decks, and finished basements.
What do I need to know when buying property in Delaware?
When we asked expats what advice they would give a foreigner before buying a property in Delaware, they said:
"When buying property in Delaware, it is important to thoroughly research the Delaware real estate market. Consider factors such as the general condition of the neighborhood, the applicable local zoning laws, current and past taxes, and the types of loans available. Additionally, be sure to engage a qualified real estate attorney who can provide insight into the existing or potential covenants or restrictions that might affect the property. Finally, be sure to have the title of the property checked to ensure effectiveness and to ensure it is free of encumbrances," remarked one foreigner who made the move to Delaware.
Are foreigners allowed to own property in Delaware?
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About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
