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$174,200 Mortgage Calculator
0 BROADWAY ST
Woonsocket, RI / 02895
MLS# 1027781
Type: Vacant Land
Neighborhood: BERNON
Lot Frontage: 40 ft.
Lot Size: 400,752 sq. ft.
Lot Type: Residential
Listed by: Stacy Corrigan Peace of Mind Property Managem
Office: 401-829-8323
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$329,900 Mortgage Calculator
119 HEMLOCK AV
Warwick, RI / 02886
MLS# 1095792
Type: Single Family
Neighborhood: OLDE BUTTONWOODS
Beds: 4 Beds
Baths: 3 Full / 0 Half
Living Area: 1,925 sq. ft.
Lot Size: 15,000 sq. ft.
Listed by: Norman TOBIN Real Estate Masters, Inc.
Office: 401-738-1130
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$534,000 Mortgage Calculator
53 SANDY POINT FARM RD
Portsmouth, RI / 02871
MLS# 1077238
Type: Condo
Complex Name: Vanderbilt Stables
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,040 sq. ft.
Style Type: Town House
Listed by: Welchman Real Estate Group KELLER WILLIAMS RLTY NEWPORT
Office: 401-845-9200
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$577,000 Mortgage Calculator
1200 HOPE ST
Bristol, RI / 02809
MLS# 1069726
Type: Single Family
Neighborhood: ROCKWELL
Beds: 5 Beds
Baths: 0 Full / 0 Half
Living Area: 5,300 sq. ft.
Lot Size: 52,272 sq. ft.
Listed by: Dory Skemp Coldwell Banker Res. Brokerage
Office: 401-247-0202
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$64,900 Mortgage Calculator
0 BUENA VISTA DR
Johnston, RI / 02920
MLS# 1073708
Type: Vacant Land
Neighborhood: ATWOOD
Lot Frontage: 0 ft.
Lot Size: 0 sq. ft.
Lot Type: Residential
Listed by: Bob Medeiros Watermark Realty, LLC
Office: 401-921-5300
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$1,250,000 Mortgage Calculator
285 STONE CHURCH RD
Tiverton, RI / 02878
MLS# 1100540
Type: Single Family
Neighborhood: STONE CHURCH
Beds: 5 Beds
Baths: 4 Full / 2 Half
Living Area: 6,718 sq. ft.
Lot Size: 944,381 sq. ft.
Listed by: Welchman Real Estate Group KELLER WILLIAMS RLTY NEWPORT
Office: 401-845-9200
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$3,000,000 Mortgage Calculator
4 PASSPATAUG AV
Westerly, RI / 02891
MLS# 1088257
Type: Single Family
Neighborhood: WEEKAPAUG
Beds: 4 Beds
Baths: 3 Full / 0 Half
Living Area: 1,608 sq. ft.
Lot Size: 104,923 sq. ft.
Listed by: Nancy Siciliano Ocean Front Homes
Office: 401-212-6262
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$459,000 Mortgage Calculator
3 BEAVER RD
Barrington, RI / 02806
MLS# 1114206
Under Contract Status: Soliciting Back-up Offers
Type: Single Family
Neighborhood: PRIMROSE
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,000 sq. ft.
Lot Size: 10,000 sq. ft.
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
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$117,000 Mortgage Calculator
103 APPLETON ST
Cranston, RI / 02910
MLS# 1064067
Under Contract Status: Pending Short Sale Approval
Type: Single Family
Neighborhood: STADIUM
Beds: 3 Beds
Baths: 1 Full / 0 Half
Living Area: 1,300 sq. ft.
Lot Size: 3,200 sq. ft.
Listed by: Sylvia Santilli Gateway Realty
Office: 401-954-8997
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$250,000 Mortgage Calculator
433 WEST MAIN RD
Little Compton, RI / 02837
MLS# 1093758
Type: Vacant Land
Neighborhood: WEST MAIN RD / COMMONS
Lot Frontage: 0 ft.
Lot Size: 24,000 sq. ft.
Lot Type: Residential, Agriculture
Listed by: Welchman Real Estate Group KELLER WILLIAMS RLTY NEWPORT
Office: 401-845-9200
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Buying a Home

Buying a home is considered one of the most complicated and stressful financial transactions a consumer will ever make; and selling a home is equally straining. However, there are guidelines that both homebuyers and sellers can follow to make their deal as efficient as possible.

First, homesellers should be realistic in setting the price by studying comparable home prices. At the same time, homebuyers should keep their offer simple, focusing on the sale price and closing cost liability. The buyer can also ask the seller to assist in paying closing costs, which will not only provide some relief for the buyer but also make it easier to sell the home. Buyers must also remember that their original offer will not always be the actual price, and they should begin negotiating at about 90 percent of the asking price.

In terms of resources, buyers should recognize the importance of their real estate agent; and they should also use the Internet to evaluate the local market, while relying on an agent or lender for the rest of the transaction.

Financing is also important, and homebuyers should start by obtaining a credit score. If they do not plan on living in the home for a long time, buyers should consider an adjustable-rate mortgage. They may also want to limit the size of their down payment and use the money in other areas.