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Joe Biden turns his Delaware home into 'personal ATM', earns $4.2mn from $350K property: Report

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Joe Biden turns his Delaware home into 'personal ATM', earns .2mn from 0K property: Report


United States President Joe Biden and First Lady Jill Biden are believed to have treated their various real estate holdings in Delaware as their personal ATM for years by using them for various mortgages and refinancing them for not less than 35 times, according to a report.

The couple, whose reported net worth is $10 million, have allegedly borrowed $6 million against their properties for many years. 

The dealings over their homes in Delaware are likely to have started in the late 1970s just after Joe and Jill got married.

According to a report published in the Daily Mail, the mortgage or credit deals were negotiated by the couple after approximately every 17 months. Such frequent refinancing has left the finance experts puzzled.

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“It doesn’t make a lot of sense unless they were desperate for cash,” said a finance expert, while speaking to Daily Mail.

The revelations made in the report have further added mystery to the financial past of his family as the president faces scrutiny over financial transactions. 

Biden’s murky financial transactions

The current residence of Bidens is a mansion which was purchased in 1996 and has an outstanding $541,000 mortgage after nearly three decades, as per records. 

“Why would anyone view their home as an ATM?” LA realtor Tony Mariotti said while speaking to the Daily Mail.

“Over time, mortgage fees really add up. Paying off a mortgage… is like a forced savings account that bears modest interest,” Mariotti added. 

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As per the records, in 1996 the current four-acre spread was purchased by Bidens for $350,000 and they have since leveraged it with 20 different home credit agreements as well as mortgages totalling $4.23 million.

Watch: US: Biden & Trump prep for key Presidential debate

Bidens’ other major property is a summer home in Rehoboth Beach which was purchased in 2017 for $2.74 million. It was a cash purchase and had no mortgages attached to it.

However, financial records of Bidens show that they have significant debt and have a mortgage on the Wilmington home as well as an equity loan on the same property.

The family’s total liabilities fall between $350,000 and $850,000. Their estimated assets fall between $1 million and $2.6 million.

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According to the records, the Bidens have sanctioned 13 home loans and two credit agreements between 1978 and 1994 which totals $1.72 million.

(With inputs from agencies)

Prisha

Prisha is a digital journalist at WION and she majorly covers international politics. She loves to dive into features and explore different cultures and histories

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Delaware

State Police Arrest Dover Man for Assault and Aggravated Menacing in Dover – Delaware State Police – State of Delaware

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State Police Arrest Dover Man for Assault and Aggravated Menacing in Dover – Delaware State Police – State of Delaware


Date Posted: Saturday, April 18th, 2026

The Delaware State Police have arrested 45-year-old Joseph Chapler, from Dover, Delaware, following an assault and aggravated menacing incident that occurred Thursday night in Dover.

On April 16, 2026, at approximately 10:20 p.m., troopers responded to the parking lot of Microtel, located at 1703 East Lebanon Road in Dover for a report of an assault and aggravated menacing. When troopers arrived, they learned that a man and woman were walking on a path behind the Microtel when they were approached by an unknown male suspect. The suspect threatened the victims, pointed a gun at them, and sprayed the female victim with pepper spray before running away. The victims ran to safety and called 9-1-1. The female victim was treated by EMS but refused medical attention.

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Through investigative means, detectives identified Joseph Chapler as the suspect and obtained a warrant for his arrest.

On April 17th, Chapler was arrested and taken to Troop 3, where he was charged with the crimes listed below, arraigned by Justice of the Peace Court 2, and committed to the Sussex Correctional Institution on a $94,001 cash bond.

Joseph Chapler mugshot photo with gray background

  • Possession of a Firearm During the Commission of a Felony (Felony)
  • Assault 2nd Degree (Felony) – 2 counts
  • Aggravated Menacing (Felony) – 2 counts
  • Terroristic Threatening – 2 counts
  • Criminal Trespass 3rd Degree

If you or someone you know is a victim or witness of a crime or have lost a loved one to a sudden death and need assistance, the Delaware State Police Victim Services Unit / Delaware Victim Center is available to offer you support and resources 24 hours a day through a toll-free hotline at 1-800-VICTIM-1 (1-800-842-8461). You may also email the Victim Services Unit at DSP_VictimServicesMail@delaware.gov.

 

 

 

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Disclaimer: Any individual charged in this release is presumed innocent until proven guilty in a court of law.


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Local police departments earn state accreditation

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Local police departments earn state accreditation


The Delaware Police Officer Standards and Training Commission recently announced that the Dewey Beach Police Department and Rehoboth Beach Police Department have both earned state accreditation from the Delaware Police Accreditation Commission.

As part of the rigorous process, a team of DPAC assessors ensured all accreditation standards were met by completing comprehensive, on-site inspections of each agency, reviewing their policies and procedures for compliance, and conducting interviews with department members. 

“This milestone represents a significant step forward for public safety in Delaware. The initial state accreditation of these police agencies reflects a strong commitment to professionalism, accountability and excellence in law enforcement. I commend each department for their dedication to serving their communities with integrity and for upholding the highest standards,” said Joshua Bushweller, Department of Safety and Homeland Security secretary and DPAC chair.



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DDA inducts three Delaware Century Farms – 47abc

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DDA inducts three Delaware Century Farms – 47abc


Dover, Del. – Three farms, one from each of Delaware’s counties, were inducted into the Century Farm Program by the state Department of Agriculture on Thursday at the Delaware Agricultural Museum.

Each of the family farms has been owned and operated for at least a century. Each received a sign for their farms, an engraved plate and legislative tributes.

In addition to Secretary of Agriculture, Don Clifton, and Deputy Secretary Jimmy Kroon, state Senators David Wilson (R – District 18) and Kyra Hoffner (D – District 14) were also in attendance.

Wright Family Farms are located in Harrington in Kent County. In 1919, the farm was purchased by William Wright. Over a century later, William’s grandson, Ronald, is the owner and his great-grandson, Greg, said he hopes to continue the family legacy by buying the farm from his father. 

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Although the event celebrated each family for their hard work and resilience, it also highlighted the challenges farmers have to surmount to stay in business today, let alone for a hundred years.

“The price of equipment, the price of fertilizer, the price of seed, everything is just gone up,” Greg said. “So, you know, everything’s going up that we gotta purchase just to stay in business.”

Clifton, Kroon and Wilson also echoed difficulties in balancing the need to preserve agricultural land with the need to develop housing and sustainable energy projects like solar power.

“I know housing is very important, and we want people to always have good housing, but at some point, I think you’re going to saturate the area with more houses than you have food to feed these people,” Wilson said.

Kroon also said there are difficulties in keeping future generations motivated to stay in farming.

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“When you think about it in the context of multi-generational farm families, there’s a real long-term challenge where a new generation may think twice about whether they want to keep farming if it’s always a struggle,” he said.

Clifton said farming has always been a challenging way of life, but it has been so since time immemorial.

“These families, their experience shows that they have an appreciation for the way of life and perseverance and that’s to be honored and emulated to the greatest extent possible,” he said.

Greg said he hopes to pass down the way of life so that his family legacy can live on for another hundred years, as well as for other families.

“A hundred years as the same family tilling the land, that’s, you know, that’s an honor right there,” Greg said. “And I hope that more farmers who are close to 100 years old will be doing the same thing. You know, keep it in the family.”

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