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$564,974 Mortgage Calculator
0 JULIANA DR
Cranston, RI / 02921
MLS# 1083249
Type: Single Family
Neighborhood: WESTERN JOHN PRESCOTT FARMS
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 2,600 sq. ft.
Lot Size: 81,481 sq. ft.
Listed by: Janis CAPPELLO COLDWELL BANKER RESIDENTIAL BR
Office: 401-884-8050
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$435,000 Mortgage Calculator
35 MOHAWK DR
Portsmouth, RI / 02871
MLS# 1073456
Type: Single Family
Neighborhood: OFF INDIAN AVENUE
Beds: 4 Beds
Baths: 2 Full / 0 Half
Living Area: 3,515 sq. ft.
Lot Size: 19,745 sq. ft.
Listed by: Nancy Crockett Crockett Realty, Inc.
Office: 401-741-5920
Photos Handicap
$133,000 Mortgage Calculator
1800 DOUGLAS AV
North Providence, RI / 02904
MLS# 1080912
Type: Condo
Complex Name: COVE AT WENSCOTT
Beds: 1 Beds
Baths: 1 Full / 0 Half
Living Area: 800 sq. ft.
Style Type: One Level
Listed by: Debbie Grimaldi RE/MAX 1st Choice
Office: 401-943-6111
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$224,900 Mortgage Calculator
31 SPRUCE RD
South Kingstown, RI / 02879
MLS# 1075685
Type: Single Family
Neighborhood: OCEAN RIDGE
Beds: 2 Beds
Baths: 1 Full / 0 Half
Living Area: 736 sq. ft.
Lot Size: 6,970 sq. ft.
Listed by: Gayle Moone Real Estate Masters, Inc.
Office: 401-738-1130
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$449,000 Mortgage Calculator
27 SOUTH ST
Barrington, RI / 02806
MLS# 1080652
Type: Single Family
Neighborhood: SOUTH STREET LANDING
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,010 sq. ft.
Lot Size: 8,857 sq. ft.
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
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$309,900 Mortgage Calculator
9 CASTLE WY
Westerly, RI / 02891
MLS# 1082632
Type: Single Family
Neighborhood: ROBIN HILL ESTATES
Beds: 4 Beds
Baths: 3 Full / 0 Half
Living Area: 2,516 sq. ft.
Lot Size: 20,436 sq. ft.
Listed by: Dan Saffer Westchester Properties
Office: 401-954-4811
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$339,000 Mortgage Calculator
2108 LILIA LANE
Dighton, MA / 02715
MLS# 1082942
Type: Single Family
Neighborhood: MAIN ST
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 1,904 sq. ft.
Lot Size: 21,000 sq. ft.
Listed by: Gina Perry The Mello Group, Inc.
Office: 508-640-0505
Photos New Construction
$844,000 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
Photos 360 View Handicap
$234,900 Mortgage Calculator
175 HOFFMAN AV
Cranston, RI / 02920
MLS# 1066160
Type: Condo
Complex Name: EAST BEL AIR
Beds: 2 Beds
Baths: 3 Full / 0 Half
Living Area: 1,978 sq. ft.
Style Type: One Level, High Rise
Listed by: Marilyn DePetrillo RE/MAX Professionals
Office: 401-884-6050
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$159,900 Mortgage Calculator
0 SIR MICHAEL CIR
South Kingstown, RI / 02892
MLS# 955313
Type: Vacant Land
Neighborhood: WEST KINGSTON
Lot Frontage: 176 ft.
Lot Size: 40,075 sq. ft.
Lot Type: Residential
Listed by: Marc Archambault Randall Realtors Real Living
Office: 401-783-9611
 
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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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