move in ready homes

couple moving into new home

3 Ways to Save Money on Your Move

Purchasing a new home in northern Delaware is a major investment! New homeowners are often so focused on the price tag of the new house that they neglect to consider the cost of moving itself. The expenses can add up quickly, especially if you’re moving to Delaware from another state. Fortunately, it only takes a little extra planning to cut costs and save money on your move.

Lighten the load

The first step in preparing for any move is to reduce the amount of stuff you have to move. By reducing the amount of stuff you’ll have to move, you’ll save on movers’ fees. The good news is that it can be easier to let go of old furniture when you’re moving into a new house compared to moving into another apartment. When you buy a new construction home, you can look forward to decorating it in your own style. This will likely require buying new furniture. Decide which pieces of furniture you’re going to keep and what you’ll donate or discard.

Then, ask every family member to sort through their belongings and decide what they can donate or discard. If you have kids who have trouble letting go of old possessions, you could motivate them by setting up a garage sale. Tell them they can keep the profits from any of their own possessions they sell.

Get multiple quotes

It’s always a good idea to shop around before selecting a moving company. You have two main options: Hire actual movers or rent a moving container. If you rent a moving container, it will be delivered to your current residence. You’ll fill it at your leisure and then have it shipped to your new home. Bear in mind that the longer you take to fill the container, the higher the fee will be—so try to pack quickly.

Peak moving season is from May through August. If you’ll be moving during that time, you’ll need to book a moving company as far in advance as possible. If you can delay your move until after August, you can typically get lower rates.

Deduct your moving expenses

One less commonly known way to save money on your move is to deduct your moving expenses on your tax return. Bear in mind that not everyone is eligible, so you may want to consult an accountant. The deduction requirements are outlined in IRS Publication 521. Remember to save your receipts!

Save money on your new construction home

Budget-savvy home buyers know the importance of shopping around. After comparing their options, many of them decide to purchase properties in one of Montchanin Builders’ beautifully designed communities. Our new construction homes in New Castle County, Delaware are placed in friendly neighborhoods and are designed with the needs of modern families in mind. Get in touch with us today to find out about our special financing deals, including $15,000 toward your purchase price! Call today to schedule a viewing at Darley Green or The Overlook at Rockford Falls – 302-472-7212.

Additional resources for new homeowners

  1. Bankrate.com, 7 ways to save on moving costs, https://www.bankrate.com/personal-finance/smart-money/7-ways-to-save-on-moving-costs/#slide=1
  2. U.S. News & World Report, How to Save on Moving Costs, https://money.usnews.com/money/blogs/my-money/articles/how-to-save-on-moving-costs

Buying a Townhouse Checklist: 4 Top To-Dos

So you’ve decided to purchase a new townhouse. It’s a smart decision to build equity in your own property, rather than pay rent to a landlord. Plus, townhouses are typically located in beautiful, family-friendly neighborhoods, such as The Overlook at Rockford Falls near Wilmington, Delaware. When you’ve saved up for a down payment and you’re ready to take on the responsibilities of homeownership, you can use the following checklist for buying a townhouse.

1. Get pre-approved for a home loan

It’s helpful to get pre-approved before you get down to the business of house hunting. During the pre-approval process, the lender examines your proof of income, credit history and score, and other financial documents. Based on that information, the lender will tell you how much of a house you will be able to purchase. You’ll get a pre-approval letter, which states that your mortgage application will be approved pending the submission of certain documents. With this letter in hand, you’ll be able to view houses with confidence.

2. Schedule a viewing

The viewing of a house for sale is easily the most exciting part of the process. Come prepared with a small notebook and camera or your smartphone. You’ll want to take notes and pictures. If you tour multiple houses, you can compare your notes and pictures later on to help you make your final decision.

3. Take a tour of the community

It’s all about location, location, location. After you’ve checked out every inch of the townhouse you’ve fallen in love with, take a walking tour of the neighborhood. Explore the community, check out the nearby nature trails, and meet the neighbors if they’re out and about. After your walk, you can hop back in your car to check out the nearby amenities. Some of the local attractions you might want to look at include schools, parks, museums, restaurants, recreational centers and fields, and stores.

4. Purchase your new home!

The last step on our buying a townhouse checklist is to schedule your purchase agreement appointment for your new home! While it’s important to make sure that you truly want that particular townhouse, you don’t want to wait too long to schedule a follow up appointment. If it’s a desirable property, there could be lots of other house shoppers looking at it. Once you’ve purchased your new home, you can start counting down until your selections appointment and closing day, when that beautiful new townhouse will be all yours!

Must-see townhomes in Wilmington, Delaware

When you’re ready to become the proud owner of a new townhouse, you’re invited to schedule a viewing at Darley Green or The Overlook at Rockford Falls—Montchanin Builders communities. These luxury townhomes in Wilmington DE have everything that modern homebuyers need, from plenty of storage space and flex rooms to gourmet kitchens and even an optional elevator! The Ovelook at Rockford Falls community is fabulously walkable, with homes that overlook Brandywine Creek and border state park land.

Call Montchanin Builders today to schedule a viewing. Ask us about our special financing options. Our recommended lending specialist, Supreme Lending, can get you pre-approved quickly so you can focus on shopping for your dream home in Delaware!

Additional resources for home buyers:

  1. Discover, 10 Steps to Buying a Home, https://www.discover.com/home-loans/articles/10-steps-to-buying-a-home
  2. Consumer Financial Protection Bureau, Buying a House, https://www.consumerfinance.gov/owning-a-home/
Glad young father and little daughter looking at expositions in museum

Upcoming Events and Exhibits at the Delaware Art Museum

During the winter of 1912, a small group of friends got together. All of them had known Howard Pyle, an author, illustrator, and native of Wilmington, Delaware. Pyle had died the previous year, and his surviving friends decided to honor his memory by forming the Wilmington Society of the Fine Arts. It was from this event that the Delaware Art Museum was born. Today, the museum is home to an extensive collection of British pre-Raphaelites, John Sloan works, and American 19th century artwork. It’s also a popular destination for families interested in checking out exciting events, classes, and activities. Here’s a look at some of the upcoming events and exhibits you’ll find at the Delaware Art Museum this year.

Fairy Tales to Nursery Rhymes: The Droller Collection of Picture Book Art

This upcoming exhibit is a perfect choice for families with young kids. It’s open from March 2 through May 12, 2019. The exhibit is comprised of more than 100 original illustrations that captivate children and take adults back to the simple innocence of childhood. This exhibit features an eclectic collection, from the Brothers Grimm to Dinosaur Bob. You’ll see works by notable artists such as Kate Greenaway, Randolph Caldecott, and Maurice Sendak.

Family Second Sundays

Every second Sunday of each month, the Delaware Art Museum hosts Family Second Sundays. It’s a full day of enrichment programming designed especially for families. The event kicks off with Art Museum Babies, featuring circle time, sensory play, and a “baby-friendly visit with a special work of art.” The suggested age range is 0-2.

Studio Art Classes

The Delaware Art Museum is a favorite destination for aspiring artists. Originally, it was one of the only places in the region where artists could gather for classes. These days, there are workshops and classes suitable for artists of all ages and skill levels. Choose from photography, metalsmithing, ceramics, drawing, painting, and printmaking. Families with young kids and teenagers should be sure to check out the upcoming youth classes and workshops, like Art Launch, Artwise, and Advancing Young Artists.

Masterpieces of Color and Sound

This concert concludes the 10th anniversary season of the Pyxis Piano Quartet at the Delaware Art Museum. It will be performed on May 2, 2019 at 8:00 pm. However, you’ll want to get there early. Heather Campbell Coyle is presenting a curator’s talk before the concert, starting at 7:30 pm.

The Pyxis Piano Quartet (violin, viola, cello, and piano) is expected to play works by Beethoven and Brahms, as well as a piece by a local composer, David Schelat of Wilmington. Before the concert, you can purchase light fare and alcoholic beverages at the Thronson Café. Complimentary coffee and dessert will be served during the intermission.

Looking for homes near Delaware Art Museum?

Montchanin Builders’ newest community, The Overlook at Rockford Falls, is within easy walking distance of many family-friendly attractions, including the Delaware Art Museum. You’ll also find yourself just a stone’s throw away from a walking trail, and state park land. This beautifully designed, walkable community is comprised of just 32 luxury townhomes in order to encourage a close-knit, neighborly ambience. For homes near the Delaware Art Museum, schedule a viewing today and find out about special financing offers by calling Montchanin Builders at 302.472.7212.

Additional resources on Delaware living

  1. Delaware Art Museum, https://www.delart.org/
  2. Culture Trip, 10 Must-See Art Galleries And Museums In Delaware, https://theculturetrip.com/north-america/usa/delaware/articles/10-must-see-art-galleries-and-museums-in-delaware/
Woman decluttering, throwing away things from a house

3 Tips for Decluttering Your Home

A house full of clutter doesn’t just look unappealing; it can also affect your mood and productivity. It’s hard to get things done in the midst of chaos. Some people even find that too much clutter makes them feel more stressed out. And the longer you delay organizing your home, the worse the clutter will get. But there’s good news. If your New Year’s resolution was to declutter your home, you don’t have to completely overhaul each room right away. Start small and do a little more each day. Before you know it, you’ll have a beautifully organized home worthy of a Zen master.

Create a sustainable system for your entryway

Does your family usually enter through the front door or the mud room? Whichever entry point receives the most traffic, focus your efforts there first. You’ll need a coat rack or hooks to receive outerwear. If you have a coat closet that’s jam-packed with miscellaneous items, that should be the first thing to declutter.

Next, add a storage space for shoes. A bench with storage underneath will work well for the entryway. You’ll also need a designated space to hold keys, or a key rack on the wall. These designated storage spaces create an organizational system that’s easy for family members to follow, which will reduce future clutter.

Deal with paperwork and junk mail

Junk mail and miscellaneous papers comprise a significant portion of the clutter in most homes. Your first step is to get all of it together in one place. Then, sort it into three piles: One to discard immediately, another for the shredder, and a third to keep. Now that you’ve got your papers under control, you’ll need an inbox tray or basket. Ask all family members to put the mail and any other papers in the inbox tray. Several times per week, sort through it to prevent it from getting out of control again.

Visit donation drop-off points

Your community probably has a Goodwill shop or consignment shop, or perhaps those receptacles for donated clothing placed in strategic areas. Become acquainted with these drop-off points, and use them frequently. As you work through the rest of your home, put items you don’t need and will likely never use again in a box. After a decluttering session, put the box in your car immediately and drop off the items the next day. You’ll love the satisfying feeling you get each time you get rid of another box of clutter.

Check out these new communities in Wilmington, DE

If your growing family needs more space to stay organized, then it’s time to explore the beautiful, family-friendly communities near Wilmington, Delaware. Montchanin Builders invites you to explore the walkable, planned neighborhoods of Darley Green and The Overlook at Rockford Falls. Schedule a viewing of one of our masterfully crafted homes for sale in Wilmington, DE. You’ll find plenty of space for your growing family in our move-in ready homes. Get in touch today at 302-472-7212, and be sure to ask us about special financing opportunities!

Additional resources for homeowners

  1. Good Housekeeping, How to Declutter Your Home, According to Organizing Experts, https://www.goodhousekeeping.com/home/organizing/tips/g656/decluttering-tips/
  2. Prevention, How To Declutter Every Room In Your House To Reduce Anxiety And Stress, https://www.prevention.com/life/a20516000/declutter-your-home-0/
family in skates skating together on rink

Best Places to Go Ice Skating in Wilmington, DE

Whether you’re a complete beginner or an accomplished athlete, ice skating is an enjoyable way to spend an afternoon with family and friends. There are a couple of skating rinks in Wilmington, DE, and a few more that are just a short drive away. When you go to the rink, wear comfortable athletic clothing. Leggings, a long-sleeve T-shirt, and a sweater or sweatshirt will keep you warm. You should also bring gloves or mittens, and a hat or scarf.

The Riverfront Rink

Most skating rinks are outdoors, but families in Wilmington, DE are treated to an outdoor arena every winter! The Riverfront Rink is a seasonal attraction located at the Justison Landing Green on the Riverwalk. This season, the rink will remain open until March 4, 2019. The Riverfront Rink is fairly large, able to accommodate up to 350 skaters, and all ages and ability levels are welcome.

Although it’s a temporary, outdoor installation, this ice skating rink doesn’t skimp on the amenities. You can rent skates there, or get your own skates sharpened. A limited number of locker rentals are also available. The rink is open seven days per week through the season. Parents: If your child’s birthday is coming up, consider purchasing a private party package! Other reservations are taken for fundraisers and other private parties.

The Skating Club of Wilmington

The Skating Club of Wilmington is a unique fixture in the community. It’s a nonprofit group that strives to accommodate a balanced blend of hockey, ice dancers, figure skaters, serious competitors, synchronized skating teams, and recreational skaters. Skaters of all ages are welcome here.

If you’re interested in taking ice skating lessons, this is the place to go. The rink offers child, youth, and adult classes. Group and private lessons are available. Like the Riverfront Rink, the Skating Club of Wilmington also offers reservations for private fundraisers and birthday parties. The onsite Sharper Edge Skate Shop offers sharpening, waterproofing, and skate and boot repairs.

IceWorks Skating Complex

The IceWorks Skating Complex is located in Aston, PA, which is just a 20-minute drive away from Wilmington. Its name says it all—it’s a huge complex that includes three NHL-size ice rinks and one Olympic-size rink. It also includes a pro shop, arcade, restaurant, and a Pub and Grill. More than 180 hockey teams at all levels call IceWorks home. It’s also home to the IceWorks Skating Club.

Homes for sale in Wilmington, DE

Fantastic recreational opportunities and family-friendly activities are just a few of the perks of living near Wilmington, Delaware. If you’re thinking of moving to the area, or you’re already a resident and you’re ready for your dream home, it’s time to check out the picture-perfect communities designed by veteran home builders in Delaware, Montchanin Builders.

Our new communities in Wilmington, DE, including Darley Green, The and The Overlook at Rockford Falls, feature gorgeous new Delaware townhomes and single-family homes. All move-in ready homes are designed with the needs of today’s modern family in mind. Schedule a viewing today and ask us about special financing deals by calling 302-472-7212.

Additional resources on Delaware living:

  1. Riverfront Rink, http://riverfrontrink.com/
  2. The Skating Club of Wilmington, https://skatewilm.com/
Wedding checklist

3 Reasons Buying a New Home is Like Planning a Wedding

Few life events require as much planning and preparation as weddings and purchasing a home. But that’s not the only reason why buying a new home is similar to planning a wedding. And believe it or not, some couples actually do both at the same time. If you’re planning your dream wedding and buying your dream home, you’ll notice the following similarities.

You both need to get on the same page about expectations.

They say that opposites attract. However, it’s certainly helpful for both partners to be similar in certain ways. Both of you will need to get on the same page regarding the expectations for the wedding and the home. When you’re checking out the listings of Wilmington-area homes for sale, each of you should keep a separate list of must-have and nice-to-have amenities. For instance, if you have your heart set on a single-family home, but your partner is partial to townhomes, some compromising is in order.

You need to develop a comprehensive budget.

Some couples spend only a few hundred dollars on a bare bones wedding, believing that love is more important than materialism. Others decide to make that perfect day as special as possible, and spend thousands on the florist, venue, band or DJ, caterer, dress, and cake. Regardless of your approach, you and your partner need to develop a comprehensive budget for the wedding that includes allowances for every type of expense. The same method applies to buying a home. Knowing how much home you can afford is only part of the equation. You’ll also have to figure out your down payment, develop a budget for moving expenses, and figure out how much you’ll spend on furnishings and décor. And unless you’re buying a new construction, move-in ready home, you might also have to shell out some cash for repairs.

It’s all about location, location, location.

Selecting the right location is one of the most important steps in the process of either buying a home or planning a wedding. For the wedding, you’ll want a beautiful location that will look great in the wedding photos. You’ll have to decide whether you want to stay close to home or opt for a destination wedding. For your new home, location is even more important, since you expect to be there for years or decades, rather than a day. Look for a community that’s convenient to major attractions and major cities nearby, but also has the right family-friendly atmosphere for your future.

Looking for new construction homes near Philadelphia?

Preparing to purchase a home can be a long, difficult process, but Montchanin Builders makes it easy through our partnership with our preferred lender. Our new home communities in Delaware are close to major attractions and transportation hubs. They’re also neighborly, walkable communities that are perfect for families, individuals, and seniors who are looking for a peaceful sanctuary to call home.

Call Montchanin Builders today at 302-472-7212 or fill out our online form. Schedule a tour of our move-in ready Wilmington homes for sale at our communities of Darley Green, The Overlook at Rockford Falls or The Town of Whitehall.

Additional resources for home buyers:

  1. The Knot, The Dos and Don’ts of Buying a Home While Wedding Planning, https://www.theknot.com/content/buying-home-wedding-planning
  2. U.S. News & World Report, Home or Wedding? Couples Choose the House, https://money.usnews.com/money/blogs/alpha-consumer/2010/08/09/home-or-wedding-couples-choose-the-house
making paper snowflakes for decoration windows. Mother and child creating decorations.

Cozy Home Decorating Ideas for Winter

The Delaware countryside is breathtaking in the winter, especially right after new snow has fallen on the trees. In the Wilmington area, there’s no shortage of outdoor activities for families to enjoy during the winter. Whether you prefer hitting the slopes, heading to the ice rink, or just enjoying a mug of hot cocoa in one of Wilmington’s coffee shops, you’ll want to come home to a beautifully decorated winter wonderland. This year, ditch the plastic lawn reindeer and instead try these chic and cozy home decorating ideas.

Evergreen garlands

Check your local gardening store for fresh evergreen garlands. Cedar, boxwood, and holly are all good choices. Drape the beautiful greenery across the mantel of your fireplace, along the top of tall furniture, and over the entryway door frame. Add an evergreen wreath to the outside of your door. You could even use an evergreen centerpiece for your dining room table.

A touch of plaid

Plaid embodies the essence of coziness during the wintertime. Drape a plaid throw blanket over the back or arm of the sofa. Add plaid bowties to the tree. One eye-catching approach is to take three to four small plaid throws and use them as a layered tablecloth. Lay the largest throw across the table, as you would an actual tablecloth. Drape the others in an asymmetrical fashion, so that one corner of a throw reaches down toward the floor and the other stretches toward the center of the table. In the bedrooms, top the mattresses with plaid blankets.

Pine cones

Some kids love to collect bits of nature and bring them home. If you have kids with a pine cone collection, you can put it to work in your wintertime decorations. Try to find pine cones of varying sizes—from large and sturdy to diminutive. Rinse them in running water and let them air dry completely. Then, you can leave them au naturel or spray paint them with a clear coat. Doing this will seal in the sticky sap and prevent it from getting on your furniture or upholstery. Consider spray painting a few pine cones in seasonal colors, like bright silver or gold. Use the pine cones to create centerpieces for the coffee table or to scatter among your garlands.

Scents

Professional decorators try to engage multiple senses by incorporating textures, colors, and scents into the overall design scheme. If you do use fresh garlands, they will introduce a pleasant pine scent to your home. But you can also add some potpourri bowls to your home. Choose potpourri with scents like cinnamon or pine needles.

Homes for sale in North Wilmington, DE

For North Wilmington Delaware homes for sale, schedule a viewing of the architecturally exquisite, move-in ready homes by Montchanin Builders—a local builder renowned for fine craftsmanship and neighborly communities. Montchanin Builders invites you to tour our close-knit communities of Darley Green, Shipley’s Circle, The Overlook at Rockford Falls, or The Town of Whitehall. When you do, be sure to ask us about how you can qualify for $15,000 toward your purchase of a custom, move-in ready home. Call 302-472-7212 today!

Additional resources for homeowners

  1. House Beautiful, 10 Cozy Decorating Ideas That Make Winter Suck A Little Less, https://www.housebeautiful.com/lifestyle/g23082766/winter-decorations-ideas/
  2. Country Living, 25 Cozy Winter Decorating Ideas to Brighten Up the Dreariest Winter Days, https://www.countryliving.com/home-design/g2921/winter-decorating-ideas/
Real Estate "sold" sign

Why the End of the Year is a Great Time to Buy a Home

As fall inches toward winter and thoughts turn toward the holidays, savvy house searchers are browsing the houses for sale in Claymont, DE. There is a handful of reasons why the end of the year is a great time to buy a home. During the winter holidays, it tends to be more affordable, more convenient, and more practical to buy a home and move into it. Here’s a closer look at why you should set aside some time to hunt for your new home.

The end of the year is a buyer’s market.

It’s no secret that most people move in the summer. Starting in the spring, the competition among home buyers starts heating up, and this increase in demand drives housing prices upward. This is why financial experts generally agree that it makes more fiscal sense to purchase a house in December, when housing prices typically drop.

Less competition for attractive homes for sale in Wilmington.

Because there are more buyers hunting for homes, there’s far more competition for the most attractive homes in the summer. Bidding wars are great for sellers, but not good for buyers. If you wait until summer to buy your home, you just might find yourself ensnared in a bidding war. And even if you manage to sidestep bidding wars, it’s still frustrating to deal with the competition in the summer. Other buyers might snap up the house you want right when you’ve made the decision to make an offer.

It’s typically easier to book moving companies.

Buying a new home and going through closing is only part of the transition in this major life event. You’ll also need to pack everything up and move your household. If you buy a home at the end of the year, you’ll usually find it easy to book a reputable moving company. Since moving companies have less work during the winter, they may lower their rates to entice customers.

You can snap up bargains to furnish your home.

One of the most fun aspects of buying a house is furnishing it to reflect your personal decorating style. If you’re purchasing a home toward the end of the year, you can take advantage of all of those great sales on home furnishings, décor items, and kitchenware. Additionally, one of the most popular New Year’s resolutions is to get organized. That’s why you’ll typically see organizing systems, baskets, and bins on sale during this time of year. Take advantage of the bargains to organize your new home to fit your family’s lifestyle.

You can find year-round special financing deals in Delaware.

Even though winter is a fantastic time to buy a house, some builders can be counted on to offer great deals and special financing offers year-round. Montchanin Builders is a trusted company that designs walkable, neighborly communities with beautiful, functional homes. Schedule a tour today to check out our homes for sale in Wilmington, DE. Just one visit to Darley Green, The Overlook at Rockford Falls, or The Town of Whitehall, and you’ll see for yourself why so many home buyers have chosen Montchanin Builders. Call us at 302.472.7212 today, and be sure to ask us about special financing!

Additional resources for home buyers:

  1. The Motley Fool, When’s the Best Time to Buy a House? https://www.fool.com/investing/2018/05/31/whens-the-best-time-to-buy-a-house.aspx
  2. The Balance, The Best Time to Buy a House, https://www.thebalance.com/when-is-the-best-time-to-buy-a-home-1798329
Portrait Of Family Cycling Through Fall Woodland

Why Is Relocating to Delaware So Popular? Here’s 5 Reasons

Delaware is one of the true hidden gems in the U.S. If one phrase could sum up life in Delaware, it would be: “Small town vibe and friendliness with big city amenities.” There are so many reasons why people decide to relocate to Delaware. The fresh air, scenic views, and recreational opportunities attract the outdoor lovers. The fine dining and dynamic craft brewery scene attract the foodies. And the outstanding tax benefits and affordability of the state attract all those who are fiscally prudent. What’s not to love?

The beautiful scenery is just one reason why relocating to Delaware makes sense

Waterfront? Check. Fantastic beaches? Check. Nature trails, dog parks, and mountain biking trails? Check, check, and check! You name it, Delaware’s got it. There’s never a shortage of things to do when the best recreational opportunities are just a stone’s throw from home. Many people decide that moving to Delaware makes sense because they want to raise their children in a region that clearly values the outdoors.

Your inner foodie will love the fantastic dining options

Wilmington alone has an incredible diversity of dining choices. From fine dining in a romantic atmosphere to casual family eateries, Wilmington has it all. Another little known secret about Delaware is that you can find better Philly cheesesteaks here than in Philly itself. But if this sounds like sacrilege to you, you can just hop on the freeway and get to the City of Brotherly Love in about 40 minutes.

You can buy a lot of house for a lot less money

It’s no secret that real estate is far more affordable in Delaware than in much of the rest of the country. Not only is the property itself more affordable, but annual costs are far lower. In fact, Delaware has one of the lowest property taxes in the country. And once you buy a house in Delaware, you may be entitled to a federal income tax credit.

Major benefit of living in Delaware: Few taxes… period

Delaware is one of the best places to move to if you don’t enjoy forking over your hard-earned cash to Uncle Sam. Not only is the property tax one of the lowest, but so is the income tax. And if you decide to go on a shopping spree with all the money you don’t pay in taxes, you’re treated to another major perk: No sales tax!

Living in Delaware: Reviews of the great art scene

Delaware is brimming with great artistic talent. The art galleries in this state combine a love of American tradition with a healthy respect for new artistic exploration and emerging talents. From the Somerville Manning Gallery to the Schoonover Studios, the art gallery scene in this area is a feast for the eyes.

Moving to Delaware? Find your family’s perfect home!

If you’re thinking about moving to Delaware, choosing the right region to move to is only part of the equation. You’ll also need to choose the right neighborhood and the perfect home. Let Montchanin Builders make your home search easier. Visit one of our masterfully planned communities in Delaware, like the much sought-after Darley Green, The Overlook at Rockford Falls, or The Town of Whitehall. Tour our beautiful and functionally arranged homes, and learn about our competitive financing options. Call us today – 302.472.7212!

Additional resources for living in Delaware

  1. Movoto, 30 Things To Know About Delaware Before Moving There, https://www.movoto.com/guide/de/moving-to-delaware/
  2. Investopedia, Delaware Property Tax Guide, https://www.investopedia.com/walkthrough/guide-buying-house-us/property-tax-assessment-state/southern-region-property-taxes/delaware-property-tax-guide/
money for house

How to Save Up to Buy Your First Home

Saving up for your first home may seem daunting. But with the great financing options available from Montchanin Builders in Delaware, credit-qualified buyers can secure a mortgage on a new move-in ready home by putting down as little as 3.5%. No matter what your down payment goals are, there are plenty of effective strategies you can use to help you reach that number without neglecting your other long-term savings goals along the way, like your retirement funds.

Figure out how much you’ll need to save

Lenders prefer to structure mortgage payments so that one payment (including private mortgage insurance and property taxes) won’t be higher than 28% of your monthly income before taxes are taken out. If your income fluctuates from month to month, then this percentage should be closer to 20%. Based on your anticipated monthly payments, you can calculate about how much house you can afford.

Develop a savings plan

Now that you know about how much of a down payment you need to save, you can figure out how much you’ll need to save each month, based on your self-imposed savings deadline. You can work toward your goal by taking a two-pronged approach: Reduce your existing expenses and bring in more income.

Bring in more income

Side hustles are totally doable, even if you have a demanding full-time job. If your day job has set, predictable hours, consider picking up a part-time W2 position. Freelancing is also a viable option. If you have a teacher’s license, for instance, you could start tutoring students online. There are plenty of online tutoring hubs where you can hang up your digital shingle. Alternatively, think back to your high school days. Did you walk dogs or babysit kids? Consider signing up to being a Rover dog walker or a Care.com sitter.

Reduce your bills

Get the most bang for your buck by comparison shopping for everything. Visit your independent insurance agent to ask whether you could save a few bucks on car and renter’s insurance by switching to another company. Cancel your cable service and instead opt for a much cheaper online TV and movie streaming service. Switch your unlimited phone plan to a cheaper version—just make sure you don’t go over your texting, talking, or data limits. Next, take a hard look at any subscriptions you have. Perhaps you subscribe to paper versions of magazines or your local paper. Would a digital subscription save money?

Reduce your living expenses

Your daily living expenses include things like groceries, clothing, to-go coffee, and haircuts. Keep track of every cent you spend for a week or two. Then, review your list of expenses and consider how much you could save each week if you reduced these expenses. Perhaps you could go to a less expensive salon for haircuts (and skip the manicure). Use an insulated travel mug and bring your coffee to work. Experiment with big batch cooking, which can save both time and money.

Lifestyle adjustments can be difficult at first, but once you see your savings account grow, you’ll be even more motivated to stick with it.

Tour new construction homes in Wilmington!

Montchanin Builders invites aspiring homeowners to tour our beautiful, new communities of Darley Green, The Overlook at Rockford Falls, and The Town of Whitehall. Our move-in ready homes in Wilmington, DE offer both elegance and modern convenience for all home buyers. You can schedule a tour today by calling 302.472.7212. Be sure to ask us about our special financing deals, including up to $15,000 toward your new home purchase!

Additional resources for purchasing new homes in Delaware

  1. The Motley Fool, Here’s How 44 Million Americans Are Getting Richer, https://www.fool.com/retirement/2017/07/16/heres-how-44-million-americans-are-getting-richer.aspx
  2. Forbes, Nine Smart Tips To Save Up For A Down Payment On A Home, https://www.forbes.com/sites/forbesrealestatecouncil/2018/06/01/nine-smart-tips-to-save-up-for-a-down-payment-on-a-home/#2b8ef864498f