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$424,900 Mortgage Calculator
2 SPYGLASS CIR
Hopkinton, RI / 02832
MLS# 1058152
Type: Condo
Complex Name: RESIDENCES@FENNER HILL
Beds: 2 Beds
Baths: 2 Full / 1 Half
Living Area: 2,800 sq. ft.
Style Type: Town House
Listed by: Janis CAPPELLO COLDWELL BANKER RESIDENTIAL BR
Office: 401-884-8050
Photos New Construction
$339,900 Mortgage Calculator
72 PARKER ST
Glocester, RI / 02814
MLS# 1063728
Type: Single Family
Neighborhood: WATERMAN LAKE PLAT
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,060 sq. ft.
Lot Size: 33,624 sq. ft.
Listed by: Ed Duffy RE/MAX Properties
Office: 401-232-3900
Photos
$250,000 Mortgage Calculator
27 CENTENNIAL ST
Warwick, RI / 02886
MLS# 1081396
Type: Single Family
Neighborhood: GREENWOOD
Beds: 3 Beds
Baths: 1 Full / 1 Half
Living Area: 2,070 sq. ft.
Lot Size: 10,701 sq. ft.
Listed by: The Home Team EXPERIENCE Real Estate
Office: 401-286-8011
Photos
$160,000 Mortgage Calculator
0 PENDAR RD
North Kingstown, RI / 02852
MLS# 1065147
Type: Vacant Land
Neighborhood: WEST RT1/QUAIL HOLLOW
Lot Frontage: 430 ft.
Lot Size: 129,150 sq. ft.
Lot Type: Residential
Listed by: Jeanie Gorrie Residential Properties LTD.
Office: 401-885-8400
Photos
$1,200,000 Mortgage Calculator
151 LATEN KNIGHT RD
Cranston, RI / 02921
MLS# 1068419
Type: Single Family
Neighborhood: WESTERN CRANSTON
Beds: 8 Beds
Baths: 6 Full / 1 Half
Living Area: 4,300 sq. ft.
Lot Size: 435,600 sq. ft.
Listed by: Jason Corsini Northeast Realty Asssociates
Office: 401-935-8082
Photos Handicap
$174,900 Mortgage Calculator
176 AMHERST AV
Pawtucket, RI / 02860
MLS# 1079710
Type: Single Family
Neighborhood: FAIRLAWN
Beds: 3 Beds
Baths: 1 Full / 1 Half
Living Area: 1,632 sq. ft.
Lot Size: 6,000 sq. ft.
Listed by: Kathy Souza RE/MAX Preferred
Office: 401-353-2200
Photos
$475,000 Mortgage Calculator
336 NORTH LANE
Bristol, RI / 02809
MLS# 1071831
Type: Condo
Complex Name: North Farm on the Bay
Beds: 3 Beds
Baths: 3 Full / 0 Half
Living Area: 2,363 sq. ft.
Style Type: One Level
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
Photos New Construction
$348,900 Mortgage Calculator
160 ALLEGRA LANE
North Kingstown, RI / 02852
MLS# 1073707
Type: Condo
Complex Name: SLOCUM HEIGHTS
Beds: 2 Beds
Baths: 2 Full / 0 Half
Living Area: 1,600 sq. ft.
Style Type: One Level
Listed by: Bob Medeiros Watermark Realty, LLC
Office: 401-921-5300
Photos
$309,000 Mortgage Calculator
29 CASTLE DR
Scituate, RI / 02831
MLS# 1077792
Type: Single Family
Neighborhood: HOPE,KNIGHT'S FARM AREA
Beds: 3 Beds
Baths: 1 Full / 1 Half
Living Area: 2,248 sq. ft.
Lot Size: 60,039 sq. ft.
Listed by: Laurie Audet Keller Williams Realty
Office: 401-785-1700
Photos
$465,000 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
Click here for AAA Southern New England for the mortgage that is right for you!
 
Stateline Insurance & Financial Services - Auto, Homeowners, Business, and Financial Services For East Providence and All of Rhode Island
Click here for the Dean de Tonnancourt Team – Leading You Home! High Rocks Condominiums - A Distinct Community with Character and History
Visit ResidentialProperties.com Today! Click here for Homefront Bldg. Inspections

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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