Real Estate Information Archive

FOR IMMEDIATE RELEASE                                     

Contact:  Dustin Oldfather

March 2, 2011                                                                                       

Ocean Atlantic Sotheby’s International Realty

330 Rehoboth Avenue 

Rehoboth Beach DE 19971                                                                                                                                                                                       302.227.6767

Ocean Atlantic Sotheby’s International Realty; Delaware REALTOR ®, Dustin and Mariya Oldfather, Hit Amazon.com Best-Seller List with New Book

“Counter-Attack:  Business Strategies for Explosive Growth in the New Economy”

Debuts at #2 in the site’s Direct Marketing Category

Rehoboth Beach, DE.  Dustin and Mariya Oldfather, one of the top sales teams at Ocean Atlantic Sotheby’s International Realty, recently joined a select group of America’s leading entrepreneurs and businesspeople to collaborate and co-write the business and marketing book titled, “Counter-Attack: Business Strategies for Explosive Growth in the New Economy.”  Celebrity Press™, founded by JW Dicks, Esq. and Nick Nanton, Esq, is a business book publisher that publishes books from thought leaders around the world.

The book, released on Thursday, January 27, 2011, features lessons that business owners can use to fight against declining revenues and learn the secrets of success in the new economy.  On the day of release, Counter Attack reached best-seller status in two Amazon.com categories: Marketing and Direct Marketing. Dustin and Mariya Oldfather authored a chapter in the book titled, “Legacy.”  The book, which peaked at #2 in those categories and remains on the best sellers list at #39, is available for purchase through Amazon.com. 

“The book provides strategies on working within the parameters of the new economy: how to become profitable and stay profitable in an increasingly competitive environment,” said Dustin Oldfather.  “We thoroughly enjoyed working with the other book’s contributors and are delighted with its initial success.” The Oldfathers have been part of the Ocean Atlantic Sotheby’s International Realty since 2008 and have consistently been one of the brokerage’s top-performing teams. 

To learn more about Dustin and Mariya Oldfather, visit http://www.TheOldfatherGroup.com or contact Ocean Atlantic Sotheby’s International Realty at 302.227.6767.

Sited on 530 acres, Island and Sanctuary Farm is nestled along the tranquil shores of the Broadkill River. This picturesque retreat is graced by a world class three bedroom three bath custom crafted Log Home of more than 3500 square feet. The idyllic Hunting Lodge features soaring timber frame interior with timeless sophisticated amenities and is built to last for generations. Multiple fireplaces set the stage for fellowship and intimate family gatherings. Sweeping verandas surround a tranquil salt water pool creating the vantage point for dramatic Broadkill River front sunsets.

Perfect for hunting, fishing, or equestrian interests, this spectacular offering is adjacent to the Primehook Wildlife Refuge, designated by the American Bird Conservancy and National Audubon Society as a globally significant habitat. Preserving and protecting a diverse landscape featuring freshwater and salt marshes, grasslands, and forested areas, the sequestered acreage is abundant with diverse wildlife and open pastures.

This romantic paradise offers sanctuary to endangered and threatened species and provides habitat for the Delmarva fox squirrel, nesting bald eagles and migrating peregrine falcons. Migrating tropical land birds pass through and utilize the refuge's upland forested habitat during the fall and spring. Three ponds stocked with game fish, can be flooded to make substantially larger wildfowl improvements.

The property is improved by two 5 acre building envelopes along the Broadkill River, allowing for enhancement with additional custom construction. This creates an opportunity for 1/3 or 2/3 Fractional ownership opportunities, which may be considered. Additional amenities include a Pole Barn, improved boat launch, bulk head and dock. This infinitely private estate is an extraordinary offering seen once in a lifetime.

Open Space and Wildlife

•           Remarkable wildlife, hunting, fishing and bird watching

•           Three ponds stocked with game fish (can be flooded to make larger                  wildfowl impoundments)

•           Extraordinary Fur and feather hunting

•           Plus Prime Hook Refuge added to other preserves and permanently                   protected farmland this is well on the way to a 17,000 acre “Great                     Marsh” landscape

•           Designated by the American Bird Conservancy and National Audubon as             a Globally Important Bird Area

This 530 acre compound is offered at $6,495,000.

•           Shares common boundary with the 10,000 acre Prime Hook National                 Wildlife

Refuge administered by the US Department of Interior Fish and Wildlife Service.

•           1.5 miles of River Frontage on the Broadkill River

•           Served by underground electrical, delivered natural gas, on-site water     wells and on-site septic system

•           Amenities include Pole barn, improved boat launch, bulk head and dock

This offering  may also be sold separately in two private packages.

Sanctuary Farm ~ $3,900,000 Includes Custom Log Home lodge

•       313.068 acres permanently protected allowing existing lodge plus a five acre separately deeded “Homestead site” and ¼ miles along the Broadkill River

Island Farm ~ $2,850,000 Includes a waterfront five acre building envelope along the Broadkill River.

•       217.149 acres permanently protected allowing only one future  river front house to be built in a 5 acre “building envelope”

•      150 Tillable Acres

For additional information visit www.islandsanctuaryfarm.com

Oldfather IslandFarm TourHD-Vimeo HD Encode from SugarFly Studios on Vimeo.

Stop Paying Rent Forever!  Part I

6 Helpful Tips To Help Save Delaware Real EstateFirst-time Homebuyers Money And Anxiety.

With interest rates hovering around their thirty year lows, a multitude of flexible and low cost loan programs are available as well as a wide variety of assistance programs that can help virtually anybody experience the joy of homeownership.  In short, the economic environment simply couldn’t be better to buy your first home.   

However, if you have always been a renter than you probably aren’t as well informed of the intimate processes of obtaining a home mortgage, as you’d like to be.  To guide you through this exciting but often confusing time, this report details six tips that will help make your Delaware Home purchase a much smoother experience, save you money and eliminate your anxieties.

1) Get Pre-qualified Before Starting Your Search

Before you begin your home search, before you make one single decision regarding a home purchase, get pre-qualified by a mortgage professional.  Pre-qualification is free and will give you a definite advantage in the buying process.

During the evaluation stage, it will clarify your financial situation, indicating how much home you can afford.  This may influence your decision for location, narrowing your search.  You’ll also know exactly how much home you can afford, further clarifying your search.    

Pre-qualification will also give you a step up on your competition.  Homebuyers that are pre-qualified have increased leverage with Realtors and sellers over buyers who are not.  Essentially a pre-qualified buyer becomes a “cash” buyer.  

2) Shop Around For A Mortgage Professional

Like most industries, the quality of mortgage professionals can and does vary significantly.  With the advancements in lending practices, consolidation between companies and aggressive start-ups there is significant awareness of the value of your business.  So don’t immediately settle on the first lender you talk to.  Shop your mortgage around to at least two lenders until you find one that you completely and unconditionally trust. 

While rates are certainly one of the most significant factors in choosing a lender, compare closing costs, are the “points” involved or not (which is the percentage of the mortgage that the originator takes as commission) and how long is your pre-qualification good for.  Traditionally, to get a prime rate you had to pay “points” at the closing, but this isn’t true anymore.  Also, the pre-qualification should be good for at least three months and up to six months.  In the past, some lenders only approved you for one month.

3) Don’t Become Fixated On The Interest Rate Alone!

Be careful!  The lowest interest rate does not always translate to the best deal.  Look at the loan programs that are being offered, not just the rate. There are several factors that have to be taken into account when evaluating programs – the loan type (fixed or adjustable), the loan term (15 year or 30 year), the rate and the down payment requirement. 

Stop Paying Rent Forever!  Part II

6 Helpful Tips To Help Save Delaware Real Estate First-time Home Buyers Money And Anxiety.

Adjustable Rate Mortgage’s (ARM’s) are typically very low at the beginning but can escalate quickly.  These are good for short-term purchases, but long-term mortgage holders are typically better off with a fixed rate.

If you can afford it, you may consider a fifteen-year mortgage.  Typically the monthly payments are 20% higher, and you cut off half the duration of your loan.  Additionally, your credit will play a big part in what program will be offered to you.  “A” paper, lender lingo for an applicant who has perfect credit, may find a low rate with very little down.  But if you have some credit history problems, you may find that to put more money down. 

4) Clean Up Your Credit

By getting pre-qualified, you will be made aware of any potential credit problems in your credit history.  Don’t despair if the credit report is not stellar.  Even if an incident cannot be taken off your report, by knowing the background of your financial history your lender may be able to put your financial situation in a better light when submitting the actual loan application.

Review your credit report carefully.  It is very common for non-payments to be listed that are not even yours.  Your mortgage professional will help you address problems showing up on the credit report.  Many times, a simple letter to the creditor explaining the circumstances at the time of the incident will rectify the situation.  However this may take a few months.

5) Get A Realtor

As a Delaware Real Estate first time homebuyer, the biggest mistake you can make is believing that you can save money by not using a Realtor ®.  Although the seller pays the commissions, some listing agents will tell you they can represent both you and the seller fairly.  While in some cases this may certainly be true, it’s better to be safe than sorry.  Get a real estate agent that represents your interests solely.  A buyer agent will make sure the home is inspected properly, do diligence on any hidden discovery and more times than not the money they save you on negotiating the price of your new home will more than pay for their service.

6) What Do You Want In A Home?

There will be many decisions as you start this process.  Your Realtor will take you to several different homes, some you will like, some you won’t, but most will land somewhere in between.  Decide now what features you feel are “necessities” in a home and which features are items that would be “nice to have”.  This list will change the farther along you go, but will be extremely useful as you begin to look at homes.  It will also be useful to your Realtor so they can better qualify the homes that they you will like. 

Please call or email as you have questions 302.249.6665 Mariya@TheOldfathergroup.com, Dustin@TheOldfatherGroup.com www.ExtraordinaryDelawareRealEstate.com