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$1,049,000 Mortgage Calculator
1 WESTFIELD DR
East Greenwich, RI / 02818
MLS# 1070843
Type: Single Family
Neighborhood: WESTWOOD FARMS
Beds: 4 Beds
Baths: 3 Full / 1 Half
Living Area: 6,248 sq. ft.
Lot Size: 84,506 sq. ft.
Listed by: Millie Pereira CENTURY 21 Crossroads
Office: 401-766-7545
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$205,000 Mortgage Calculator
1850 MINERAL SPRING AV
North Providence, RI / 02904
MLS# 1065949
Type: Commercial
Neighborhood:
# of Buildings: 1
Total Sq Ft: 4,136 sq. ft.
Building Type: Retail, Commercial
Listed by: Kathy Souza RE/MAX Preferred
Office: 401-353-2200
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$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
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$495,000 Mortgage Calculator
1400 HOPE ST
Bristol, RI / 02809
MLS# 1070046
Type: Single Family
Neighborhood: WEST SIDE
Beds: 3 Beds
Baths: 1 Full / 1 Half
Living Area: 2,860 sq. ft.
Lot Size: 46,200 sq. ft.
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
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$685,000 Mortgage Calculator
96 FORD FARM RD
Tiverton, RI / 02878
MLS# 1074558
Type: Single Family
Neighborhood: MT HOPE ESTATES
Beds: 4 Beds
Baths: 3 Full / 0 Half
Living Area: 3,672 sq. ft.
Lot Size: 15,037 sq. ft.
Listed by: Kathy Souza RE/MAX Preferred
Office: 401-353-2200
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$429,000 Mortgage Calculator
2 KELLIE ANN CT
Seekonk, MA / 02771
MLS# 1057290
Type: Single Family
Neighborhood: ORCHARD ESTATES
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,000 sq. ft.
Lot Size: 15,500 sq. ft.
Listed by: Alyson Roslonek The Mello Group, Inc.
Office: 508-640-0505
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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
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$1,099,000 Mortgage Calculator
27 NORTH NIANTIC DR
Charlestown, RI / 02813
MLS# 1060994
Type: Single Family
Neighborhood: SOUTH SHORES
Beds: 4 Beds
Baths: 3 Full / 1 Half
Living Area: 3,722 sq. ft.
Lot Size: 87,120 sq. ft.
Listed by: Cindy Curtis Cindy Curtis Real Estate
Office: 401-364-7489
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$399,900 Mortgage Calculator
75 FOX RIDGE DR
Cranston, RI / 02921
MLS# 1074319
Type: Single Family
Neighborhood: FOX RIDGE
Beds: 3 Beds
Baths: 3 Full / 1 Half
Living Area: 3,063 sq. ft.
Lot Size: 20,098 sq. ft.
Listed by: Debbie Grimaldi RE/MAX 1st Choice
Office: 401-943-6111
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$539,500 Mortgage Calculator
0 JULIANA DR
Cranston, RI / 02921
MLS# 1013983
Type: Single Family
Neighborhood: WESTERN
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 2,400 sq. ft.
Lot Size: 79,972 sq. ft.
Listed by: Janis CAPPELLO COLDWELL BANKER RESIDENTIAL BR
Office: 401-884-8050
Lila Delman - Serving buyers and sellers of fine properties since 1964.
 
Click Here for Janis Cappello Coldwell Banker Residential Brokerage
Click here for C21 offices throughout Rhode Island Go to Wave Federal Credit Union
High Rocks Condominiums - A Distinct Community with Character and History Click here for Janis Cappello - Coldwell Banker

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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