RILiving Mobile App »
 
My RILiving  

Already have an account? Login Now

Don’t have an account? Buyers and sellers can save their searches and listings. Create an Account

Featured Showcase Property
View All
Photos 360 View
$515,000 Mortgage Calculator
826 CENTRAL PIKE
Scituate, RI / 02857
MLS# 1068360
Type: Single Family
Neighborhood: SCITUATE
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,466 sq. ft.
Lot Size: 675,833 sq. ft.
Listed by: Nancy Ziroli RE/MAX Properties
Office: 401-232-3900
Photos 360 View Handicap New Construction
$835,000 Mortgage Calculator
10 - B WANDA ST
Narragansett, RI / 02882
MLS# 1040707 BACK ON MKT
Type: Condo
Complex Name: Summer Winds
Beds: 3 Beds
Baths: 3 Full / 1 Half
Living Area: 2,422 sq. ft.
Style Type: Town House
Listed by: Shawna Amitrano Fiore Realty Corp.
Office: 401-792-7107
Photos Handicap
$229,000 Mortgage Calculator
101 VISTAS CT
East Greenwich, RI / 02818
MLS# 1064755
Type: Condo
Complex Name: VISTAS ON THE TRAIL
Beds: 2 Beds
Baths: 1 Full / 0 Half
Living Area: 1,029 sq. ft.
Style Type: One Level
Listed by: Janis CAPPELLO COLDWELL BANKER RESIDENTIAL BR
Office: 401-884-8050
Photos New Construction
$449,900 Mortgage Calculator
8 KELLIE ANN CT
Seekonk, MA / 02771
MLS# 1061463
Type: Single Family
Neighborhood: ORCHARD ESTATES
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,320 sq. ft.
Lot Size: 15,193 sq. ft.
Listed by: Alyson Roslonek The Mello Group, Inc.
Office: 508-640-0505
Photos Handicap
$189,000 Mortgage Calculator
15 - 17 REYNOLDS AV
North Providence, RI / 02911
MLS# 1063192
Type: Multi-Family
Neighborhood: MINERAL SPRING
# of Units: 2
Total Beds: | Unit1(3), Unit2(3), Beds
Total Baths: 2 | Unit1(1), Unit2(1), Full
Building Area: 3,360 sq. ft.
Listed by: Kathy Souza RE/MAX Preferred
Office: 401-353-2200
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 360 View
$549,900 Mortgage Calculator
10 LANTERN BROOK DR
Lincoln, RI / 02865
MLS# 1066113
Type: Single Family
Neighborhood: LIMEROCK
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 3,311 sq. ft.
Lot Size: 40,511 sq. ft.
Listed by: Susan Kelly Fenix Real Estate
Office: 401-475-4999
Photos 360 View
$336,500 Mortgage Calculator
170 PROVIDENCE PIKE
North Smithfield, RI / 02896
MLS# 1067888
Type: Condo
Complex Name: Laurelwood
Beds: 2 Beds
Baths: 2 Full / 0 Half
Living Area: 1,682 sq. ft.
Style Type: One Level, Registered Adult Community, Green Construction
Listed by: Michelle Keach RE/MAX 1st Choice
Office: 401-943-6111
Photos
$499,000 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
$169,900 Mortgage Calculator
97 TURNER ST
Warwick, RI / 02886
MLS# 1077600 NEW
Type: Single Family
Neighborhood: STRAWBERRY FIELD
Beds: 3 Beds
Baths: 1 Full / 0 Half
Living Area: 912 sq. ft.
Lot Size: 8,681 sq. ft.
Listed by: Gayle Moone Real Estate Masters, Inc.
Office: 401-738-1130
Anchor Financial - Get Your Loan FAST with Great Rates And No Hassle
 
Click here for the Law Officies of George M. Cappello, Ltd.
Click here for Griggs & Browne TrashVeo - Curbside Service for Your Property. Take Out & Bring In Your Barrels Each Week.
Go to AAA Southern New England High Rocks Condominiums - A Distinct Community with Character and History

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.

Follow Us on Facebook Download the RILiving Mobile App View Our YouTube Channel