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$149,900 Mortgage Calculator
49 COLONIAL AV
Tiverton, RI / 02878
MLS# 1077233
Type: Single Family
Neighborhood: TOWN CENTER
Beds: 2 Beds
Baths: 1 Full / 0 Half
Living Area: 780 sq. ft.
Lot Size: 13,007 sq. ft.
Listed by: Dan Saffer Westchester Properties
Office: 401-954-4811
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$2,850,000 Mortgage Calculator
294 RUMSTICK RD
Barrington, RI / 02806
MLS# 1082277
Type: Single Family
Neighborhood: RUMSTICK POINT
Beds: 5 Beds
Baths: 4 Full / 3 Half
Living Area: 9,012 sq. ft.
Lot Size: 71,250 sq. ft.
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
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$329,999 Mortgage Calculator
1762 PLAINFIELD PIKE
Cranston, RI / 02921
MLS# 1087404
Type: Single Family
Neighborhood: WESTERN CRANSTON
Beds: 3 Beds
Baths: 1 Full / 1 Half
Living Area: 2,730 sq. ft.
Lot Size: 43,560 sq. ft.
Listed by: Arnold Baskin Keller Williams Realty Leading
Office: 401-333-4900
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$324,900 Mortgage Calculator
7 CASEY LANE
Coventry, RI / 02816
MLS# 1091306
Type: Single Family
Neighborhood: MAPLE VALLEY RIDGE
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,808 sq. ft.
Lot Size: 65,776 sq. ft.
Listed by: Debbie Grimaldi RE/MAX 1st Choice
Office: 401-943-6111
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$1,199,000 Mortgage Calculator
1 SPINNAKER DR
Barrington, RI / 02806
MLS# 1085582
Type: Single Family
Neighborhood: NAYATT POINT
Beds: 5 Beds
Baths: 3 Full / 1 Half
Living Area: 4,300 sq. ft.
Lot Size: 40,280 sq. ft.
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
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$499,999 Mortgage Calculator
39 CHERRY LANE
Tiverton, RI / 02878
MLS# 1090780
Type: Single Family
Neighborhood: CHERRY HILL
Beds: 4 Beds
Baths: 4 Full / 0 Half
Living Area: 5,920 sq. ft.
Lot Size: 31,611 sq. ft.
Listed by: Inessa Moshkina Badger Realty
Office: 401-495-4756
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$339,900 Mortgage Calculator
49 KEATS DR
North Kingstown, RI / 02852
MLS# 1078351
Type: Single Family
Neighborhood: NORTHBRIAR/QUIDNESSETT
Beds: 3 Beds
Baths: 2 Full / 0 Half
Living Area: 2,690 sq. ft.
Lot Size: 30,640 sq. ft.
Listed by: Allen Gammons PRUDENTIAL GAMMONS REALTY
Office: 401-886-6100
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$324,900 Mortgage Calculator
49 CARLTON AV
Warwick, RI / 02889
MLS# 1084990
Type: Single Family
Neighborhood: WARWICK NECK
Beds: 4 Beds
Baths: 2 Full / 2 Half
Living Area: 2,478 sq. ft.
Lot Size: 8,000 sq. ft.
Listed by: Mark McHugh Clearmark Real Estate
Office: 401-641-3842
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$999,900 Mortgage Calculator
135 BEECHWOOD DR
Cranston, RI / 02921
MLS# 1086989
Type: Single Family
Neighborhood: RIDGEWOOD
Beds: 6 Beds
Baths: 4 Full / 1 Half
Living Area: 9,654 sq. ft.
Lot Size: 79,866 sq. ft.
Listed by: Brian Dupont Real Estate Masters, Inc.
Office: 401-738-1130
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$142,400 Mortgage Calculator
89 WESTWOOD AV
Cranston, RI / 02905
MLS# 1069239
Type: Multi-Family
Neighborhood: EDGEWOOD
# of Units: 2
Total Beds: | Unit1(2), Unit2(2), Beds
Total Baths: 2 | Unit1(1), Unit2(1), Full
Building Area: 1,961 sq. ft.
Listed by: Neil ZARTARIAN GREATER R.I. PROPERTIES, LLC
Office: 401-295-4050
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Are You Ready to Buy?

Buying a home is considered one of the most complicated and stressful financial transactions a consumer will ever make.

One of the keys to making the homebuying process easier and more understandable is planning. In doing so, you'll be able to anticipate requests from lenders, lawyers and a host of other professionals. Furthermore, planning will help you discover valuable shortcuts in the homebuying process.

Do You Know What You Want?

Whether you are a first-time homebuyer or entering the marketplace as a repeat buyer, you need to ask why you want to buy. Are you planning to move to a new community due to a lifestyle change or is buying an option and not a requirement? What would you like in terms of real estate that you do not now have? Do you have a purchasing timeframe?

Whatever your answers, the more you know about the real estate marketplace, the more likely you are to effectively define your goals. As an interesting exercise, it can be worthwhile to look at the questions above and to then discuss them in detail when meeting with local REALTORS®.

Do You Have The Money?

Homes and financing are closely intertwined. (Financing is the difference between the purchase price and the downpayment, commonly referred to as debt or the mortgage.) The good news is that over the years new and innovative loan programs have evolved which require a 5 percent downpayment or less. In fact, a number of programs now allow purchasers to buy real estate with nothing down.

In addition to a down payment, purchasers also need cash for closing costs (the final costs associated with closing the loan). Several newly emerging loan programs not only allow the purchase of a home with no money down, but also underwrite closing costs.

Not everyone, however, elects to purchase with little or no money down. Less money down means higher monthly mortgage payments, so most homebuyers choose to buy with some cash up front.

As to closing costs, in markets where buyers have leverage, it may be possible to negotiate an offer for a home that requires the owner to pay some or all of your settlement expenses. Speak with local REALTORS® for details.

Is Your Financial House in Order?

Those great loans with little or nothing down are not available to everyone: You need good credit. For at least one year prior to purchasing a home, you should assure that every credit card bill, rent check, car payment and other debt is paid in full and on time.

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