Delaware
Joe Biden turns his Delaware home into 'personal ATM', earns $4.2mn from $350K 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.
“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.
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.
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)
Is Jersey Mike’s the new fast‑food king? How it beat Chick‑fil‑A
Jersey Mike’s beats Chick-fil-A for top customer satisfaction in ACSI study; praised for fresh, made-to-order subs.
Plans for one of the nation’s most popular fast-food chains to open a location in the city of Delaware are moving forward.
Chick-fil-A is planning a new 5,033-square-foot restaurant with a double drive-through lane on a nearly 2-acre site on Delaware’s east side.
The development plans are headed to Delaware City Council after the city’s Planning Commission approved them July 1.
This location would be the first Chick-fil-A in the city of Delaware, but not in the county. The chain has a location in Lewis Center and three in the Polaris area, according to the company’s website.
The popular chicken restaurant, a Chipotle location and other to-be-announced restaurants and retail are part of a new Trailhead Crossing development planned on the eastern edge of Delaware near Sunbury Road (State Route 36) and Sky View Lane, documents indicate. City council approved rezoning the site in February.
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The restaurant will include 92 indoor seats, an outdoor patio with 20 seats and 68 parking spots, planning documents show.
An internal access drive connecting to Sky View Lane from the west and Biltmore Drive from the north will be built within the site and will connect to all the lots within the Trailhead Crossing development. The access from Sky View Lane will be right-in/right-out only. The site will not have access directly from Sunbury Road, city documents state.
Chris Tebbe, an engineer with the Dublin-based firm Tebbe Civil Engineering, didn’t know an exact opening date for the restaurant, but said once plans are approved by the City Council, crews will be working on the location this year into next year.
Delaware County and eastern Columbus suburbs reporter Maria DeVito can be reached at mdevito@dispatch.com and @mariadevito13.dispatch.com on Bluesky and @MariaDeVito13 on X.
Wednesday, July 8, 2026 10:19PM
ASTON, Pa. (WPVI) — Summer camps are in full swing, and on Wednesday the Action Cam was in Aston, where kids are getting some hands-on learning at Delaware County Technical School.
Middle school students are exploring career pathways as they build, cook, design and create in state-of-the-art classrooms.
They are doing everything from carpentry to cosmetology.
By the end of camp, the kids will create STEAM-based projects that they can take home.
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Across the State Trained AmeriCorps VISTA members will be on-site at 21 Delaware Libraries providing walk-in assistance for digital literacy
DOVER, Del. — The Delaware Libraries today announced the launch of a 10-week summer program aiming to support Delawareans on digital literacy.
The AmeriCorps Digital Literacy Specialists assist the public with computer and technology questions, including completing online applications, navigating websites, and building basic digital skills. As patrons become more comfortable, specialists can introduce them to the many free computer training programs and learning resources available through Delaware Libraries including in-person classes. This project is an initiative of the Division’s Social Innovation Team.
“Libraries are proud to expand their digital literacy specialist supports this summer with a presence in 21 Delaware Libraries,” said Dr. Annie Norman, State Librarian of Delaware. “The digital landscape is ever evolving, and the Delaware Libraries stands at the ready to help Delawareans navigate AI, software skills, social media concepts, and more.”
There is no appointment needed for a meeting or to ask a question to a Specialist.
The Specialists are trained to support many concepts, including:
- Essential Software Skills
- Personalized Assistance
- Workplace Technology
- AI – Understanding & Help
- Basic Computer Skills & Classes
- Social Media Help
- Navigate Internet, Avoid Scams
- Using Tech in Daily Life, Device Help
- Learning Express, Northstar Certification
- And Much More!
Visit DelawareLibraries.org/Digital to view a full schedule of Specialists. For more services visit DelawareLibraries.org/GetConnected!
Delaware Libraries offer specialty library cards for every age group, including a My First Delaware Library Card for birth to age 5, a Super Library Card for children ages 6–12; a Teen Delaware Library Card for ages 13-17 and Delaware Library cards for everyone.
Sign up for a Delaware Library Card today! It’s Easy! It’s Free! It’s Online!
Instructions in Spanish are also available. (En el sitio web de las bibliotecas de Delaware se pueden encontrar instrucciones en español para obtener una tarjeta de biblioteca gratuita de Delaware)
Programming celebrating the Delaware Libraries’ 125th anniversary will continue throughout the year.
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