move in ready homes

3 Benefits of Living in a Master-Planned Community That Might Surprise You

What sets a master-planned community apart from other neighborhoods? Well, if you’re looking at new construction homes in New Castle County, Delaware, you’ll notice that the properties located within master-planned communities by Montchanin Builders offer exceptional value, are very close to fantastic local amenities, and offer the neighborly ambiance of a close-knit community.

When you tour one of our available move-in ready properties in Delaware, you’ll discover for yourself why so many people have chosen to call our neighborhoods “home.”

Close proximity to unbeatable amenities

One of the major benefits of living in a master-planned community is that it is a walkable neighborhood. This means that no matter where your home is situated within the community, you’re never too far away from local amenities. Enjoy a brisk walk in the morning to the nearby coffee shop or head over to the park on your day off. You can even find a family doctor, excellent schools, and irresistible restaurants within reach.

When you do need to leave the master-planned community, you’re likely to find yourself within an easy commute of the office. Montchanin Builders’ community of Darley Green, for instance, is located just five minutes away from I-95. It’s also situated mere minutes away from I-495 and the Philadelphia International Airport. This makes it convenient for the times when you need to leave your neighborhood for work or pleasure.

Friendly neighborhoods that embrace the true concept of community

No matter how large or small, a master-planned community embodies the true nature of neighborliness. When you tour a Montchanin Builders master-planned community like Darley Green or The Overlook at Rockford Falls, you will enjoy the positive ambiance and close-knit camaraderie of the people who live there. These neighborhoods give off an “Old World” vibe that reflects the cordiality of simpler times in bygone eras. The local amenities within and near these communities provide plenty of social opportunities for getting to know your new neighbors.

Excellent value at competitive prices

Montchanin Builders strives to provide move-in ready luxury at affordable prices. Visit our Information Center to personalize your home by choosing from a variety of spacious floor plans and options for flooring, cabinets, counters, and more!

When you work with our preferred lender, Cardinal Financial, you can take advantage of competitive interest rates and homebuyer programs. Make sure to ask about our Work Force Program, which can help new homebuyers receive up to $15,000 toward the purchase of a new home.

Discover your own reason for living in a Montchanin Builders community

You can tour a Montchanin Builders master-planned community to find out for yourself why so many people love this way of living. There are still homes for sale in Wilmington, Delaware, but properties in Darley Green and The Overlook at Rockford Falls are selling fast, so schedule a tour soon! Give us a call today and be sure to ask us about special financing offers.

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4 Myths Holding Back Home Buyers

Have you ever driven around a beautiful neighborhood and thought, “I could never afford to live here.”? You’re not alone. There are a lot of myths holding back potential home buyers and making them think that they can’t afford a new home (when they actually can). The truth is that, while buying a home is a major investment, it’s one that can be surprisingly affordable.

Myth: You need a 20% down payment

Conventional wisdom states that home buyers must have a minimum down payment of 20% of the home’s value. A down payment of this size will definitely allow you to borrow less and pay less in interest over time, but it’s not true that you absolutely need a 20% down payment. In fact, plenty of homebuyers have purchased their homes with a down payment as little as 3% to 5%.

Myth: You need a FICO score of 780 or higher

The higher your credit score is and the cleaner your credit history is, the easier it will be to buy a home, and the lower the interest rate could be. However, it is certainly not necessary to have perfect credit and an impeccable credit history to buy a home. In fact, many homebuyers have been able to make this major purchase despite having some credit card or installment loan debt, and a less-than-perfect credit score.

Myth: Renting is more financially advantageous

It’s true that buying a move-in ready home is a major investment. However, the key word is that it’s an investment. Investments bring long-term financial rewards. With each mortgage payment you make, you build a little more equity in your home. You can tap into that equity at a later date if you need to.

On the other hand, if you continue to rent an apartment or house from a landlord, your rent payments are only financially advantageous to your landlord. You aren’t building equity in the property you are living in. When you’re ready to move out, you’ll have nothing to show for it. The opportunity to build equity in their own homes is one of the many compelling reasons why people decide to stop renting and buy property instead.

Myth: It takes a long time to get a mortgage

If you truly want to own your own home, you shouldn’t let the thought of getting a mortgage hold you back. It’s easier and less time-consuming than you might think. This is especially true if you work with a home builder like Montchanin Builders. Thanks to our close partnership with one of the nation’s premier home lenders, we can get homebuyers in their new homes faster and more affordably!

Ready to view new homes in northern Delaware?

The many happy homeowners in Montchanin Builders communities are living proof that these myths don’t have to hold you back. If you think you’re ready to buy a home, you probably are. Check out our move-in ready homes in Wilmington, Delaware within our master-planned communities of Darley Green and The Overlook at Rockford Falls, and find out for yourself why so many people have chosen a Montchanin Builders home. Thanks to our partnership with Cardinal Financial, it’s easier and more affordable than ever to purchase your dream home! Call today to learn more!

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The #1 Reason to Buy Your Home in Winter

If you’re getting ready to buy a new home, you might be thinking about waiting until the spring or summer when more houses are generally put on the market. However, if you wait too long, you’ll miss out on taking advantage of the number one reason to buy your new home in the wintertime. If you’re ready to shop for homes for sale in Wilmington, Delaware right now, there is really no reason to wait until the weather warms up.

Lower mortgage and interest rates in winter

One of the biggest concerns on any home buyer’s mind is financing the new property. If you shop around for a mortgage in the winter, you’re likely to notice that the rates are generally lower than they are in the summer. This is because the summertime is the peak home buying and selling season. In the winter, lenders are trying to entice homebuyers to sign for a mortgage with lower rates.

Of course, your individual rate will depend on many factors, like your creditworthiness, the current economic conditions, and the lender you choose.

The lender you choose matters more than the season

Although buying a home in the wintertime is a smart decision for home buyers, there are still great deals to be had in all four seasons. In fact, who you choose to buy a home from matters even more than the time of year that you start shopping around for a new house. If you buy a new construction home in New Castle County, Delaware from Montchanin Builders, you can take advantage of our special partnership with one of the nation’s leading mortgage lenders.

Montchanin Builders has selected Cardinal Financial as our lending partner because we believe in excellence in all that we do—from designing thoughtful floor plans to crafting beautiful, architectural masterpieces, to helping our home buyers get into their selected houses with exceptional financing terms. At Cardinal Financial, our go-to mortgage specialists are Theresa Miglino and Katherine Dunckley.

The Miglino and Dunckley team have demonstrated an abiding commitment to providing unbeatable customer service to our valued home buyers. Their philosophy is that the customer always comes first, and they live this motto every day by maintaining clear and open lines of communication with customers, lenders, and realtors.

Unlike some other lenders, Cardinal Financial is a mortgage originator. This is significant because it means that the company can underwrite, close, and fully fund your home loan. This enables them to offer some of the lowest rates you’ll find anywhere in the industry, regardless of the time of year that you choose to buy your home. Plus, you’ll benefit from exceptionally low closing costs.

Looking for new construction homes in New Castle County, Delaware?

The premium financing terms aren’t the only reason to choose a Montchanin Builders home. We build masterfully designed, walkable communities close to cultural attractions, green spaces, and major amenities. Choose from our beautiful townhomes in the Delaware communities of Darley Green or The Overlook at Rockford Falls. To schedule a tour or request more information, please call today!

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House Hunting Taking Too Long? Here’s the Solution

Choosing your new home can be one of the most important decisions you make in your life. Whether you’re relocating for a new job, planning to raise a family, or downsizing now that your children have left home—finding the perfect place can be long and stressful. That’s because most of us are seeking modern updates—open floor plans, large kitchens, remodeled bathrooms—but are forced to look at older homes that don’t usually measure up to today’s standards.

If your hunt for the perfect home is taking too long and you’re growing tired of touring more homes that don’t match your must-haves, there is another solution.

Homeowners can have exactly what they want by choosing move-in ready homes in Delaware. New construction homes offer a variety of benefits to home buyers and are often the perfect solution for those not willing to compromise on their dream.

5 benefits of new homes over older homes

  1. Everything is modern. When your home is newly built, you can expect all of the modern updates. There won’t be any small closets, awkward corners, or odd built-ins. You can also expect stylish, up-to-date finishes that match current trends.
  2. You can avoid the stress of remodeling. Remodeling can sound fun until you are living for weeks or months without a kitchen, your contractor hasn’t lived up to their promises, and your repairs have come in over-budget. Move-in ready homes eliminate the stress and risk of remodeling an older home, as it already features luxurious, modern finishes.
  3. You can personalize your finishes. When you decide to purchase a move-in ready home or new construction home, you can often have a say on how it’s finished. Not only can you select from a variety of floorplans, but you can also choose the style of your hardwood, cabinets, countertops, and more. This allows you to create your perfect dream home without having to start from scratch.
  4. It’s more energy efficient. Because everything is new, it also means that your home is running at optimal performance. Newer, more energy-efficient furnaces, hot water tanks, and appliances can all make a big difference when your utility bills come in the mail.
  5. You won’t have to worry about surprise updates. Older homes also come with older fixings—furnaces, roofs, pipes, electrical, etc. While home inspections can help you get an idea of what you might need to set aside for a repair budget, it’s hard to know exactly how much it will cost. When you choose a new build, you know that your appliances are brand new and often come with manufacturer warranties. This prevents surprises and allows you to use that money to furnish and decorate your new home instead.

Schedule a personal tour today

Whether you’re a Wilmington, Delaware first time home buyer or if you’re an experienced homeowner, you’ll find the home buying process at Montchanin Builders simple, informative, and unpressured. Call us or schedule a tour today today to discuss your home dreams and let us show you how we can make them a reality.

The Secret to Hosting a Great Holiday Party in Your Home

The holidays are magical, but they can also be a bit stressful. There’s so much more to do and not enough time to get it all done. The real secret to hosting a great holiday party in your new construction home in New Castle County, Delaware is to make it as stress-free as possible, while still giving your guests a fantastic experience. Use these tips to host a holiday party that’s memorable for all the right reasons.

Balance your planned menu

Your top priority is making sure your guests have a good time. You’ll want to make sure you plan a balanced menu that includes options for guests with special dietary needs. Try to include at least a couple of vegetarian or vegan entrées and side dishes. You might also want to ask your guests in advance if they have food allergies or gluten sensitivity. They’ll appreciate having a general idea of what’s on the menu in advance.

Consider a buffet-style meal

If you’re hosting a large holiday party, it might not be practical to seat everyone at the dinner table, even if you set up a separate kids’ table. A buffet-style meal instantly relaxes the ambiance and encourages people to help themselves and socialize freely while they eat. It’s also less stressful for you since you won’t have to worry about setting places. Just stack plates at one end of the buffet table, and remember to leave out napkins, silverware, and condiments.

Do some cooking ahead of time

It can be super stressful to do all of the cooking on the day of the party. You’ll probably end up in the kitchen for most of the party and be unable to enjoy yourself or socialize with your guests. Try to do some of the cooking and prep work ahead of time. Soups and stews are excellent make-ahead options that you can simply warm up before your guests arrive. You can also make quiches and tarts ahead of time, and freeze them until the day of the party.

Although not everything can be cooked ahead of time, you could do prep work ahead of time for the rest of the items on your menu. Chop and refrigerate veggies, for example.

Play music with care

Music is essential for setting the ambiance and helping your guests relax. However, it’s best to keep the volume relatively low. When it’s time for your guests to enjoy the meal, switch to instrumental music so that lyrics won’t interfere with the dinner conversation.

Looking for a new home for the holidays?

If you’re looking for a new neighborhood to call home, the Wilmington, Delaware area is a great place to relocate to. And if you purchase a new home in a Montchanin Builders master-planned community, you can look forward to friendly neighbors and walkable streets with great local amenities nearby.

There are homes for sale in Wilmington, Delaware right now, but they won’t last long. Homesites are selling fast in the communities of Darley Green and The Overlook at Rockford Falls. Call Montchanin Builders today to schedule a tour. Be sure to ask us about our special financing offers!

Additional resources for new homeowners:

How to Choose the Perfect Artwork for Your Home

Your new home will reflect your personal style and design aesthetic. There really are no unbreakable rules of selecting artwork, since every individual will appreciate art in different ways. However, there are some general guidelines that you can follow to help your home’s décor appear well-balanced and tastefully designed.

Consider the feelings you wish to evoke

Artwork can inspire a spectrum of feelings, from peacefulness and serenity to surprise and excitement. Think about the feelings you wish to inspire in every room of your home. For the kitchen, many people like to choose whimsical pieces, including word art. In the bedroom, you might want the artwork to inspire relaxation, as many people view the master bedroom as a sanctuary. This is why abstract pieces work well here.

In the more public rooms of your home, such as the formal dining room and living room, you might prefer to choose pieces that will spark conversations. Look for surprising or intriguing artwork that is boldly designed to capture the eye. Artwork with a nature or landscape theme works well in the bathroom, as it inspires feelings of serenity.

Lastly, if you have a home office, you might want its artwork to encourage productivity and bring positive vibes to the room.

Choose the right size artwork for each room

It’s likely that the biggest pieces of artwork will go in the living room and bedrooms. It’s usually best to choose large artwork to fill large spaces and small artwork to fill smaller spaces. However, you can break this rule if you wish by filling a large space with a cluster of smaller pieces that embrace a shared theme. It’s best not to break this rule by hanging a large piece in a small room like the bathroom, as this will feel overwhelming. However, you could place two very small pieces side by side if space allows.

Look beyond paintings and prints

When most people hear the word “artwork,” they automatically think of paintings and watercolors, as well as more affordable prints. However, artwork can embrace three-dimensional media. Look for sculptures and unique conversation pieces, like an African drum or a Native American dreamcatcher. Ideally, choose 3D artwork that follows the same general theme or style as your wall art for any given room.

Consider incorporating different textures as well. For instance, you could hang an artistic tapestry on your living room wall in lieu of a painting.

Find your dream home at a Montchanin Builders community

Homebuyers in Delaware are asking, “What are the best move-in ready new homes near me in Wilmington, DE?” Our answer is that it’s time to check out the beautiful new homes available from Montchanin Builders. We focus on building walkable, neighborly communities with luxurious, finely crafted townhomes and single-family homes. Our master-planned communities of Darley Green and The Overlook at Rockford Falls still have homesites left, but they’re going fast so don’t hesitate to get in touch with us to schedule a tour or request more information! You can reach us by phone or check out our new homes in northern Delaware online.

Additional resources for home buyers:

What Is the Difference Between an Apartment and a Condo?

If you’re tired of apartment living and thinking about buying your own place, you might be wondering why you’d look at condominiums. After all, isn’t “condo” just a fancy word for “apartment?” Actually, no. Apartments and condos have little in common. Here’s a quick primer on the differences between apartments and condos.

Who owns the property

The most significant difference between apartments and condos is who owns the property. If you live in an apartment, you pay rent to a landlord—you hold no ownership interest in the property. While it’s also possible to rent condos, most of them are owned by their residents. It’s just like owning a house, except that the condo is in a larger building.

How payments are managed

Since condos are typically owned, not leased, the payments are managed differently from apartments. A rental apartment typically requires a security deposit and the first and last month’s rent upon moving in. The renter then sends out monthly rent checks.

A condo can be purchased with a mortgage, just like a house. You’ll make your monthly payments to the mortgage lender. Each time you make a monthly payment, your equity in your home grows.

Who maintains the property

There are a lot of disadvantages to renting an apartment. One of the few advantages is that maintenance is included in the rent. Of course, some landlords choose to inadequately maintain their properties, causing headaches for the tenants.

If you buy a condo, you will be responsible for the maintenance of everything inside your home. However, in many cases, condos are included in a homeowners’ association (HOA). You’ll pay the HOA fees and the HOA is responsible for the maintenance of all common areas.

How you can personalize your space

Another main difference between apartments and condos is the personalization options. Tenants who rent their apartments have little to say about how their homes look. It’s typical of a landlord to prohibit tenants from putting up shelves, creating built-ins, or even changing the color of the wall paint without prior authorization. Some landlords won’t even allow tenants to use thumbtacks in the walls. In short, tenants have little control over what their home looks like.

In contrast, people who live in condos own their own property. If they wish, they can install new built-in bookshelves, upgrade the kitchen cabinets, retile the kitchen floor, and paint the walls to their heart’s content. There is a great deal more freedom involved with owning a condo versus renting an apartment.

Shopping for a new condo in northern Delaware?

Montchanin Builders is pleased to offer luxury condominiums for sale in our highly sought-after community of Darley Green. If you’re looking at new construction homes in New Castle County, Delaware, you need to check out our beautiful townhomes and condos. They’re nestled within a neighborly, walkable community close to schools, shops, restaurants, and other convenient amenities. Our new homes in northern Delaware offer everything home buyers need!

You can schedule a viewing or inquire about our special financing offers by contacting our knowledgeable associates today. Be sure to ask us about our special $15,000 incentive program for new home buyers!

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Buying a Home: Do You Know the Lingo?

Buying a new home is an exciting event, but it can also be a bit overwhelming. There is a lot of new lingo to learn, especially if you are a first-time homebuyer. Here are a few of the terms you should become familiar with before you begin the process.

Appraisal

Every home being sold should receive an appraisal from a professional, unbiased third party. An appraisal is a determination of the home’s value based on its condition, features, and location. It’s important for two main purposes. First, it lets home buyers know they aren’t paying a great deal more than the home is really worth. Second, it reassures lenders that homebuyers aren’t borrowing more than the home is really worth. This is important because the house serves as collateral in a mortgage.

Closing Costs

Even if you’re new to the home buying process, you are probably familiar with the idea of a down payment (see below). However, many new home buyers aren’t quite sure what closing costs are. “Closing costs” are an umbrella category for any expense in the home buying process that doesn’t include the purchase price of the property. These include expenses associated with the title search, title insurance, lender costs, real estate agent commissions, and taxes. It also includes the homeowner’s insurance. Although closing costs can vary, they generally average about two to five percent of the purchase price of the house.

Note that lenders are legally required to send you a notice within three days of receiving your loan application. This notice should give you an estimate of your closing costs.

Down Payment

The down payment is the amount of money you pay toward the purchase price upon buying the home. The mortgage is the loan that takes care of the remainder of the purchase price. It’s considered standard to pay 20 percent of the purchase price as a down payment — however, most homebuyers don’t actually put that much down. The down payment can be as little as 3% depending upon the mortgage program. Talk to a lender to find out how low your down payment could be.

Pre-Approval

If you obtain pre-approval from a lender, it means you’ve been approved to borrow up to a certain amount of money to buy a home. This will allow you to shop for a new home with confidence. If you’re pre-approved, the lender will give you a pre-approval letter. It states that the lender will approve the loan as soon as you submit the required documents and make an offer on the house.

Still unsure about some of the home buying lingo? No problem! At Montchanin Builders, we make the process smooth and easy. We partner with one of the nation’s most respected mortgage lenders. Their lending professionals work closely with our home buyers to ensure they are knowledgeable and fully informed about each step of the process.

You’ll also find that Montchanin Builders’ homes are surprisingly affordable. Call us today to schedule a viewing of our new construction homes in New Castle County, Delaware.

Our move-in ready homes in Delaware are located within beautiful, walkable communities close to nature trails and community amenities. Homesites are still available in Darley Green and The Overlook at Rockford Falls, but they won’t last so call soon!

Additional resources for home buyers:

Hot Spots to Hit During Wilmington Beer Week

When the leaves start to turn in the fall, it means one thing: it’s time for Wilmington Beer Week! Head downtown between November 4 and November 9, 2019, to take advantage of some incredible craft beer selections and special events, like tap takeovers, beer dinners, and celebrity brewers!

BBC Tavern & Grill

This popular stop is found at 4019 Kennett Pike. It’s a hip and casual tavern that offers everything from comfort food to light salads. Enjoy your craft beer by the roaring fireplace or, if it’s a warm evening, take it to the outdoor patio. For Beer Week, they are hosting a tap takeover.

The BBC Tavern & Grill actually began life as a brewery. Originally called the Brandywine Brewing Company Restaurant and Brewery, this unique local hotspot brewed its own beer right at the location and served pairings with scratch-made meals. When it was time for them to move, the new location didn’t have enough room for the brewery, but the tavern still serves up delicious food.

Chelsea Tavern

You’ll find Chelsea Tavern at 821 North Market Street. This local favorite is hosting an event for every day of Beer Week! Join them on Monday night for Monday Night Firkin and a pint of the “official Wilmington Beer Week brew”— Out & About Oyster Stout. Tuesday is trivia night, Wednesday is “Around the World in 5 Beers,” and so on.

Ernest & Scott Taproom

Visit the Ernest & Scott Taproom at 902 N. Market Street. They offer traditional American pub cuisine by executive chef Dominic Fauser. During Beer Week, all beers are half-priced with the purchase of an entrée (limit of three half-priced beers per entrée). The chef recommends pairing the sweet and smokey baby back ribs with a Founders All Day IPA.

Iron Hill Brewery & Restaurant

Visit this popular brewery at 710 Justison Street (formerly known as South Madison Street). They offer delicious, contemporary American cuisine. For Beer Week, you can take advantage of their $8 Wilmington Beer Week Flight, which includes Das Boot, Philly Special, Oktoberfest, and Out & About Oyster Stout.

Homes for sale near Wilmington, DE

The fantastic festivals and other exciting local events are just one more reason why Wilmington, Delaware is a great place to live. If you’re in the market for new construction homes in New Castle County, Delaware, be sure to check out the home sites available at Montchanin Builders. We are a premier building company that creates master-planned communities. Our walkable neighborhoods feature beautifully designed homes built by master craftsmen.

Call us today to schedule a tour of new homes in northern Delaware, or to discuss special financing offers. Be sure to ask us how you can get $15,000 off on select homesites at Darley Green!

More information on Wilmington Beer Week:

couple moving into new home

New Research Says That Homeowners Are Happy, While Renters Regret Not Buying

Does owning your own home make you happier? Research says yes! There are so many perks to homeownership that it’s hard to compare it to renting. Both renting and owning your own home give you a place to live, but the similarities really end there. Here’s a look at the surveys supporting the case for homeownership over renting.

Bank of America survey of homeowners and renters

The results of a recent Bank of America survey of homeowners and renters indicate that most home buyers are much happier with their home compared to renters. One question on the survey was: “Does owning a home make you happier than renting did?” Of the respondents, 93% answered “yes!” Another question was: “Could you go back to renting after owning?” For this question, 83% of the respondents answered “no.”

The Bank of America survey also asked questions like, “Has becoming a homeowner made you a better person?” This prompted 79% of respondents to answer “yes.” Most of them pursued new hobbies after buying their own home, such as landscaping and gardening, interior design, and cooking, baking, or grilling. Homeowners also stated that owning their own home has given them a strong sense of pride, allowed them to entertain more, and brought their family together under one roof.

In addition, homeowners cited an improved quality of their social life and better financial well-being as being important reasons to own a home. They also largely agreed that, since a house is a place where memories are made, homeownership is priceless.

Zillow survey of renters

Zillow conducted a similar survey, but they focused on renters. Their survey found that renters have significantly more regrets about their housing situation than homeowners. A full 45% of renters regret renting instead of buying—compared to just 8% of homeowners who regret taking out a mortgage instead of paying monthly rent.

Some of the top reasons why renters are so dissatisfied, according to the survey, is that they don’t have the opportunity to build equity in an investment, they cannot personalize their rental home or improve upon it, and they don’t have adequate outdoor space.

Renters also regretted the rent being so high, the small size of their rental homes, not having enough parking space, having restrictions on pet caretaking, and not liking their neighbors.

Find your dream home in Delaware today!

When you’re ready to ditch the monthly rent check, you can explore our beautiful new construction homes in New Castle County, Delaware. Montchanin Builders is a premier builder of luxuriously appointed townhomes and condominiums. Our meticulously planned communities of Darley Green and The Overlook at Rockford Falls feature wide open, green spaces, neighborhood gathering areas, and close proximity to local amenities like great schools, shops, and restaurants.

All of our move-in ready homes in Delaware are exquisitely designed and built by our expert craftsmen.

You can explore fantastic financing offers available today! Call Montchanin Builders today to schedule a tour!

Additional resources for home buyers: