Listed by LINDA BOVA of SEA BOVA ASSOCIATES INC.
Affordable Price o Reasonable Lot Rent o Low Utilities o Convenient Location! Calling all Boaters - Marina Community with a boat ramp and slips for rent! And close to the beach, too: the famous Rehoboth boardwalk is less than 6 miles away! Vaulted ceilings in the main living area. Large eat in kitchen w/adjoining laundry area. Spacious 3-season enclosed porch for extra living space. Split bedroom plan is like having 2 main suites. Rear patio area for BBQ'ing, outdoor dining, and entertaining. Big 10'x16' storage shed for your beach, fishing & gardening gear. Newer heater. Being offered AS IS at this price. Lot Rent $730.35/mt. +$1.50/mt. RTF (Lease renews annually with any increases capped as per 25 Del. C. Sec. 7050-7054). Water and sewer (septic system) are included in the Lot Rent; Homeowner pays electric and LP fuel. The community owner requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Family & friends may always visit, but rentals are NOT permitted, and Love Creek has pet restrictions.) Financing may be available to qualified borrowers from only a few Lenders that specialize in installment/chattel loans for manufactured homes on leased land. Closing costs will include a 3.75% real estate transfer tax (DMV Doc Fee) & a Settlement Agent fee.

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