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
$499,000 Mortgage Calculator
429 WEST MAIN RD
Little Compton, RI / 02837
MLS# 1093754
Type: Single Family
Neighborhood: WEST MAIN ROAD
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 2,038 sq. ft.
Lot Size: 23,000 sq. ft.
Listed by: Welchman Real Estate Group KELLER WILLIAMS RLTY NEWPORT
Office: 401-845-9200
Photos 360 View Handicap
$89,000 Mortgage Calculator
271 - J GREAT ISLAND RD
Narragansett, RI / 02882
MLS# 1093528
Type: Single Family
Neighborhood: GALILEE
Beds: 2 Beds
Baths: 1 Full / 0 Half
Living Area: 525 sq. ft.
Lot Size: 0 sq. ft.
Listed by: Stacy Corrigan Peace of Mind Property Managem
Office: 401-829-8323
Photos 360 View
$649,900 Mortgage Calculator
16 ELIZABETH DR
Lincoln, RI / 02865
MLS# 1110872
Type: Single Family
Neighborhood: BIRCHWOOD ESTATES / OLD RIVER ROAD
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 4,452 sq. ft.
Lot Size: 28,880 sq. ft.
Listed by: Howie Julian SHAWOMET REALTY COMPANY
Office: 401-823-8886
Photos 360 View
$399,000 Mortgage Calculator
140 PINE GLEN DR
East Greenwich, RI / 02818
MLS# 1117552 NEW
Type: Condo
Complex Name: PINE GLEN
Beds: 2 Beds
Baths: 2 Full / 0 Half
Living Area: 2,000 sq. ft.
Style Type: Town House
Listed by: Janis CAPPELLO COLDWELL BANKER RESIDENTIAL BR
Office: 401-884-8050
Photos
$349,900 Mortgage Calculator
3 - 1/2 KAREN ANN DR
Smithfield, RI / 02917
MLS# 1105068
Under Contract Status: Pending Short Sale Approval
Type: Single Family
Neighborhood: HILLDALE ESTATES
Beds: 4 Beds
Baths: 3 Full / 0 Half
Living Area: 3,321 sq. ft.
Lot Size: 105,415 sq. ft.
Listed by: John Cappello Horizon Realty, LLC
Office: 401-495-4663
Photos 360 View
$339,000 Mortgage Calculator
11 PROSPECT ST
Barrington, RI / 02806
MLS# 1115975
Type: Single Family
Neighborhood: PRIMROSE
Beds: 2 Beds
Baths: 1 Full / 0 Half
Living Area: 900 sq. ft.
Lot Size: 10,000 sq. ft.
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
Photos 360 View
$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
Photos 360 View
$649,900 Mortgage Calculator
625 WEST ALLENTON RD
North Kingstown, RI / 02852
MLS# 1091320
Type: Single Family
Neighborhood: INDIAN CORNER
Beds: 4 Beds
Baths: 3 Full / 1 Half
Living Area: 5,975 sq. ft.
Lot Size: 87,120 sq. ft.
Listed by: George Daglieri RE/MAX FLAGSHIP, INC.
Office: 401-789-2255
Photos 360 View
$129,900 Mortgage Calculator
171 LANE 4 .
Warwick, RI / 02888
MLS# 1099189
Under Contract Status: Soliciting Back-up Offers
Type: Single Family
Neighborhood: GASPEE POINT/ SPRING GR
Beds: 2 Beds
Baths: 1 Full / 0 Half
Living Area: 980 sq. ft.
Lot Size: 0 sq. ft.
Listed by: Kathy Souza RE/MAX Preferred
Office: 401-353-2200
Photos 360 View
$499,000 Mortgage Calculator
51 EDWARDS LANE
Charlestown, RI / 02813
MLS# 1099561
Type: Single Family
Neighborhood: CAROLINA
Beds: 4 Beds
Baths: 3 Full / 1 Half
Living Area: 3,109 sq. ft.
Lot Size: 691,240 sq. ft.
Listed by: Josiane Schieldrop WATERFRONT PROPERTIES
Office: 401-364-3075
Click Here to Download Your FREE Century 21 Real Estate Mobile Search app
 
Hallmark Homes - Modular homes of distinction since 1975
The right home starts with the right loan - Navigant Credit Union - Click Here The country's oldest bank.
Anchor Financial - Get Your Loan FAST with Great Rates And No Hassle! Coastway has the solution and the personalized service you deserve.

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.