For example, wrap lenders take advantage of de minimus exceptions to avoid agency regulation and a current disclosure requirement is often ignored because it lacks teeth.

Hello, i recently relocated to the Wilmington DE area from Houston, TX due to job relocation and am interested in learning more about the real estate market in the wilmington area.  

Most multi-families in the city are constructed in a way that would make fairly simple de-conversions to single family homes, too.  

State Real Estate Tax Rate per WalletHub.com Rank State Tax Rate Tax on $173K home Median Home Price Tax on Median 2 Alabama 0.43% $773 $125,500 $543 T-32 Alaska 1.18% $2,112 $250,000 $2,956 T-17 Arizona 0.81% $1,446 $167,500 $1,356 10 Arkansas 0.62% $1,111 $111,400 $693 T-17 California 0.81% $1,438 $385,500 $3,104 8 Colorado 0.60% $1,073 $247,800 $1,489 48 Connecticut 1.97% $3,517 $270,500 $5,327 4 Delaware 0.54% $959 $231,500 $1,243 5 District of Columbia 0.56% $1,000 $475,800 $2,665 27 Florida 1.06% $1,894 $159,000 $1,686 25 Georgia 0.94% $1,685 $148,100 $1,397 1 Hawaii 0.27% $487 $515,300 $1,406 14 Idaho 0.76% $1,366 $162,900 $1,246 50 Illinois 2.30% $4,105 $173,800 $3,995 23 Indiana 0.87% $1,560 $124,200 $1,085 38 Iowa 1.48% $2,649 $129,200 $1,916 37 Kansas 1.40% $2,502 $132,000 $1,849 T-19 Kentucky 0.85% $1,511 $123,200 $1,042 3 Louisiana 0.49% $876 $144,100 $707 35 Maine 1.30% $2,321 $173,800 $2,259 30 Maryland 1.10% $1,956 $286,900 $3,142 34 Massachusetts 1.20% $2,139 $333,100 $3,989 44 Michigan 1.78% $3,172 $122,400 $2,174 T-32 Minnesota 1.18% $2,110 $186,200 $2,200 15 Mississippi 0.79% $1,408 $103,100 $813 26 Missouri 1.00% $1,790 $138,400 $1,387 T-19 Montana 0.85% $1,525 $193,500 $1,652 45 Nebraska 1.85% $3,308 $133,200 $2,467 T-19 Nevada 0.85% $1,523 $173,700 $1,481 49 New Hampshire 2.15% $3,838 $237,300 $5,100 51 New Jersey 2.35% $4,189 $315,900 $7,410 12 New Mexico 0.74% $1,324 $160,300 $1,188 41 New York 1.62% $2,899 $283,400 $4,600 T-19 North Carolina 0.85% $1,524 $154,900 $1,322 31 North Dakota 1.12% $2,000 $153,800 $1,722 40 Ohio 1.56% $2,794 $129,900 $2,032 24 Oklahoma 0.88% $1,569 $117,900 $1,036 T-28 Oregon 1.08% $1,929 $237,300 $2,563 39 Pennsylvania 1.53% $2,725 $166,000 $2,533 42 Rhode Island 1.63% $2,915 $238,000 $3,884 6 South Carolina 0.57% $1,019 $139,900 $798 36 South Dakota 1.34% $2,389 $140,500 $1,879 13 Tennessee 0.75% $1,335 $142,100 $1,062 46 Texas 1.90% $3,386 $136,000 $2,578 11 Utah 0.68% $1,218 $215,900 $1,472 43 Vermont 1.74% $3,116 $217,500 $3,795 16 Virginia 0.80% $1,420 $245,000 $1,948 T-28 Washington 1.08% $1,931 $259,500 $2,805 7 West Virginia 0.58% $1,044 $103,800 $607 47 Wisconsin 1.96% $3,499 $165,800 $3,248 9 Wyoming 0.61% $1,097 $194,800 $1,196 

Hey Steve,Its good to connect with more DE investors. 

@Anton De Vries I have used Appfolio since 2009 and love the program.

It is worth keeping in mind that the Fed controls the short-term rates, not the long term ones (now that they stopped buying long term treasuries and even then it was indirectly), which are much more influenced by the long-term expectations of inflation and the international flow of money (think, is there instability in Russia that causes Russians to pull out their money out of the country and invest it in the safe-heaven like US, is the unpredictable and shifting US policy going to keep the US dollar's status as the de facto world currency, etc).

I am in the property management field as a leasing agent in Newark, Delaware.

The typical approach is {Nevada, Delaware, Montana} for various tax reasons. 

Also looking for de