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
$425,000 Mortgage Calculator
0 NANAQUAKET RD
Tiverton, RI / 02878
MLS# 1039145
Type: Vacant Land
Neighborhood: WATERFRONT NANAQUAKET
Lot Frontage: 640 ft.
Lot Size: 208,827 sq. ft.
Lot Type: Residential
Listed by: Marisa Ferris RESIDENTIAL PROPERTIES LTD.
Office: 401-783-2474
Photos
$229,000 Mortgage Calculator
480 RESERVOIR AV
Cranston, RI / 02910
MLS# 1093646
Type: Commercial
Neighborhood:
# of Buildings: 1
Total Sq Ft: 1,600 sq. ft.
Building Type: Commercial
Listed by: Janis CAPPELLO COLDWELL BANKER RESIDENTIAL BR
Office: 401-884-8050
Photos 360 View
$169,000 Mortgage Calculator
511 CHILD ST
Warren, RI / 02885
MLS# 1088751
Type: Condo
Complex Name: Kickemuit Klose
Beds: 2 Beds
Baths: 1 Full / 1 Half
Living Area: 1,245 sq. ft.
Style Type: Town House
Listed by: George Saber RE/MAX River's Edge
Office: 401-245-2000
Photos 360 View
$565,000 Mortgage Calculator
62 HARBOUR TER
Warwick, RI / 02818
MLS# 1092556
Type: Single Family
Neighborhood: POTOWOMUT
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 2,910 sq. ft.
Lot Size: 20,570 sq. ft.
Listed by: Allen Gammons PRUDENTIAL GAMMONS REALTY
Office: 401-886-6100
Photos
$134,900 Mortgage Calculator
2 JULIANA DR
Cranston, RI / 02921
MLS# 1083253
Type: Vacant Land
Neighborhood: WESTERN
Lot Frontage: 277 ft.
Lot Size: 79,972 sq. ft.
Lot Type: Residential, Total Residential Development
Listed by: Janis CAPPELLO COLDWELL BANKER RESIDENTIAL BR
Office: 401-884-8050
Photos 360 View
$470,000 Mortgage Calculator
30 TUNIPER NORTH LANE
Little Compton, RI / 02837
MLS# 1072464
Type: Single Family
Neighborhood: TUNIPER POND ACRES ~ SOUTH SHORE
Beds: 3 Beds
Baths: 2 Full / 1 Half
Living Area: 1,713 sq. ft.
Lot Size: 44,400 sq. ft.
Listed by: Welchman Grp Real Estate Group KELLER WILLIAMS RLTY NEWPORT
Office: 401-845-9200
Photos 360 View
$429,900 Mortgage Calculator
58 HARCOURT AV
South Kingstown, RI / 02879
MLS# 1096426
Type: Single Family
Neighborhood: MIDDLEBRIDGE
Beds: 2 Beds
Baths: 1 Full / 0 Half
Living Area: 616 sq. ft.
Lot Size: 4,356 sq. ft.
Listed by: The Daglieri Team RE/MAX FLAGSHIP, INC.
Office: 401-789-2255
Photos
$485,000 Mortgage Calculator
41 HAWTHORNE AV
Barrington, RI / 02806
MLS# 1095119
Type: Single Family
Neighborhood: RUMSTICK VILLAGE - HARBOUR'S ASS'N
Beds: 4 Beds
Baths: 2 Full / 1 Half
Living Area: 1,982 sq. ft.
Lot Size: 12,588 sq. ft.
Listed by: Nancy Weaver Residential Properties, Ltd.
Office: 401-245-9600
Photos 360 View
$479,999 Mortgage Calculator
39 CHERRY LANE
Tiverton, RI / 02878
MLS# 1090780
Type: Single Family
Neighborhood: CHERRY HILL
Beds: 4 Beds
Baths: 4 Full / 0 Half
Living Area: 5,920 sq. ft.
Lot Size: 31,611 sq. ft.
Listed by: Inessa Moshkina Badger Realty
Office: 401-495-4756
Photos 360 View
$299,000 Mortgage Calculator
57 FODDERING FARM RD
Narragansett, RI / 02882
MLS# 1073032
Type: Single Family
Neighborhood: SCARBOROUGH
Beds: 3 Beds
Baths: 1 Full / 0 Half
Living Area: 1,460 sq. ft.
Lot Size: 8,400 sq. ft.
Listed by: Marie Theriault RE/MAX FLAGSHIP, INC.
Office: 401-789-2255
Millbrook Homes - “Concept to Completion Builder”
 
A comprehensive resource for those looking to purchase or lease commercial real estate in southeastern New England.
Centreville Bank - Depend on us Click here for Janis Cappello - Coldwell Banker
Click here for the Law Offices of George M. Cappello, LTD 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.

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