DELAWARE TO ASSIST MANUFACTURED HOMEOWNERS

It’s a call for help that frequently has had no answer — until now. Many manufactured homeowners have not been eligible to participate in foreclosure prevention programs because their home is technically considered personal property and not real estate. The new Manufactured Housing Assistance Program (MHAP) has been made available through Delaware Homeowner Relief — a partnership of the Delaware State Housing Authority (DSHA) and the Delaware Attorney General’s Office. MHAP enables owners of manufactured homes on rented land or on a lot owned by the homeowner to receive payment assistance for past due lot rent and/or home payments.

Latest Funding for Hurricane Sandy Brings the Total for Delaware Recovery to $1.2 Million

More than $1.2 million in federal funding has been awarded thus far for Hurricane Sandy recovery in Delaware, the Delaware Emergency Management Agency (DEMA) and the Federal Emergency Management Agency (FEMA) announced today

ADVANCE AUTO PARTS SIGNS TEN YEAR LEASE IN DELMAR, DE

Bradley Gillis, CCIM, a Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate is pleased to announce the former Floor Trader, a ten thousand square foot building located in Delmar, DE will soon be occupied by Advance Auto Parts. An out of town broker represented Advance Auto Parts in the 10 year lease, and Bradley Gillis, CCIM represented the Landlord.

IDX Broker software provides iPhone/iPad enabled search tools to Realtor Scott Deputy

IDX, Inc. announces the latest addition to the growing network of agents and brokers utilizing the immensely dynamic IDX Broker software: PANTANO Real Estate, Inc. professional Scott Deputy. A member of the Trend MLS (Trend), Deputy has synchronized thousands of area listings directly onto the IDX-enabled search page he hosts. Finding a Wilmington, Delaware area home online has never been easier, thanks to IDX Broker software and the comprehensive online real estate resource Deputy has created with his customizable IDX solution.

FHLBank Pittsburgh Awards $86,000 in Grants to Blueprint Communities

The Federal Home Loan Bank of Pittsburgh (FHLBank) has awarded five Blueprint Communities in Delaware a total of $86,000 in grant money for the next phases of neighborhood renewal and community planning.

Biden Secures Reforms from National Mortgage Registry

Delaware Attorney General Beau Biden announced today that the national shadow mortgage registry known as MERS, which was at the center of the housing crisis, has agreed to implement important reforms – including regular reports on the accuracy of its records – as part of a settlement of a lawsuit Biden’s office filed against it last year. Biden filed the suit after hearing from homeowners throughout Delaware who were unable to have meaningful conversations about saving their home and who were unable to find out who owned their mortgage.

New Craft Brewery to Open in Delmar, DE Mid Summer

Brent Miller, CCIM, CPM, Wesley Cox, CCIM and Rick Tilghman, CCIM of Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD are pleased to announce the sale of the brewery equipment and real estate of the former Evolution Craft Brewery in Delmar, DE at 501 Bi-State Boulevard to Suellen Vickers and Lori Clough, owners of 3rd Wave Brewing Company. 3rd Wave will initially brew an IPA, a porter and pale ale at the 3500 square foot facility. 3rd Wave Brewing Co. is a dream between two friends that has become a reality. Their mission is to produce a quality of tastes that can be shared at the beach and wherever their friends may gather. 3rd Wave Brewing Company is scheduled to open mid summer. Please visit www.3rdwavebrewingco.com for more information

Markell, Biden Put Funds to Work Helping Delaware Homeowners

Delaware Gov. Jack Markell and Attorney General Beau Biden announced a plan today that will use the funds the state is receiving from the National Mortgage Foreclosure Settlement to help Delawareans who have been hurt by the housing crisis

Delaware Builder Meets with Fed Chairman and HUD Secretary to Keep Housing a Top...

WASHINGTON, D.C. - March 22, 2012 - (RealEstateRama) -- Long-time local builder and developer Kevin Kelly, president of Leon N. Weiner and Associates, met recently with HUD Secretary Shaun Donovan and Federal Reserve Chairman Ben Bernanke to discuss problems affecting the home building industry and policies that will help the housing market recover.

Delaware Builder Elected to Leadership of NAHB

WASHINGTON, D.C. - February 15, 2012 - (RealEstateRama) -- Kevin Kelly, a Delaware builder and developer with more than 30 years of experience in the building industry, was elected as the 2012 Second Vice Chairman of the Board of the National Association of Home Builders (NAHB) during the association’s International Builders’ Show in Orlando.

Biden, Federal Officials Highlight Mortgage Settlement Protections for Military

Wilmington, AR - February 13, 2012 - (RealEstateRama) -- The men and women serving in America’s military will gain important new protections under the multistate mortgage foreclosure settlement reached this week, Delaware Attorney General Beau and two federal officials said today. Biden, whose office took the lead in advocating for and negotiating the new military protections in the landmark settlement, was joined on a national media call by Assistant U.S. Attorney for Civil Rights Tom Perez, and Holly Petraeus, Assistant Director for the Consumer Financial Protection Bureau’s Office of Servicemember Affairs.

Attorney General Biden, Legislators, Advocates Mark Launch of New Foreclosure Mediation Program

Wilmington, DE - January 19, 2012 - (RealEstateRama) -- Attorney General Beau Biden was joined by a bipartisan coalition of legislators and advocates today to mark the launch of Delaware’s mandatory foreclosure mediation program. The program, which becomes operational Thursday, was established last year as part of a legislative package developed by Biden’s office and legislators to respond to the foreclosure crisis in Delaware. It is modeled after successful programs in other states and jurisdictions, including the City of Philadelphia and the state of Connecticut.

Delaware home search simplified with innovative IDX Broker software

EUGENE, OR - November 11, 2011 - (RealEstateRama) -- The Lewes, Delaware real estate market just became simpler and more accessible, through the partnership between IDX, Inc. and Broker Maxine Lewis. As a member of the Sussex County Delaware MLS (DELMLS), Lewis has long had access to thousands of property listings. Now, her clients and other area home seekers can receive and view the same detailed listings with the click of a mouse, on her convenient and easy-to-use real estate search. Lewis has drastically simplified the online real estate market by adopting IDX Broker software for her real estate website. Never again will potential Delaware buyers be unable to find the perfect property online, thanks to her IDX solution.

CUSHMAN & WAKEFIELD ARRANGES 60,000-SQUARE-FOOT DISTRIBUTION CENTER LEASE FOR AUTOMOTIVE SUPPLIER

NEWARK, DE - July 26, 2011 - (RealEstateRama) -- DYK Automotive, LLC has signed a lease for 60,000 square feet at Pencader Business Park, 650 Pencader Drive, Newark, Del. The automotive aftermarket supplier will utilize the site as its Northeast distribution center. DYK was represented by the team of R. Kemp Conrad of Cushman & Wakefield/Commercial Advisors, LLC of Memphis; Ernest Felici and John Birmingham of the Wilmington, Del. office of Cushman & Wakefield; and Gerard Blinebury and Leah Balerno of the firm's Philadelphia office. Landlord Emerald Lake LLC was represented in-house.

Housing Workshops Offered June 17 and 18 to Help Homeowners Facing Foreclosure

Wilmington, DE - June 17, 2011 - (RealEstateRama) -- The Attorney General’s Mortgage Fraud Task Force is sponsoring free statewide housing workshops on June 17 in Georgetown and Dover and June 18 in Wilmington to help Delawareans who are at risk of losing their homes to foreclosure. The workshops, which are sponsored in conjunction with the State Bank Commissioner and Delaware State Housing Authority, are offered to facilitate loan modifications, reduce foreclosures, and provide educational information to help residents stay in their homes and manage debt

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REAL ESTATE MORTGAGE NETWORK, INC. EXPANDS MID-ATLANTIC PRESENCE WITH FIRST DELAWARE...

WILMINGTON, DE - June 8, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., is pleased to announce the opening of its latest branch in Wilmington, DE. As REMN’s first branch in the state of Delaware, this new location will help the company better service the needs of region’s home buyers and real estate professionals, including those that live or work in and around the southeastern Pennsylvania, southern New Jersey and eastern shore of Maryland areas, including the regions surrounding Philadelphia and Camden

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DSHA Increases Rental Assistance in Areas of Opportunity

To ensure that all Delawareans have more choice of where to live, the Delaware State Housing Authority is increasing available rental assistance in Areas of Opportunity across the state, allowing families with housing vouchers to move closer to employment centers, quality schools and high-growth housing markets.