Rhode Island Real Estate

What happened to Real Estate in Rhode Island? We all know about the Mortgage loans that dissappeared. The foreclosure rate has escalated and people are moving out of their homes. Where are they going? I happen to know that a lot of peope are moving to apartments. The reason I know this is because I sell REO homes. These are homes that have already been foreclosed and are now owned by the Banks that held the mortgage. Some of these homes are good buys for the first time homebuyer who wants to build a little sweat equity. Yes, some REO's are a waste of time and only good to a builder due to the lack of plumbing, heating and windows. However, if you are patient and keep looking, you can find some real gems. Also, when a builder buys one of these houses, he/she goes through the entire house and beleive me, these homes are like brand new! I have one on the market now that is a shadow of its' former self. So while a lot is going on in this market, and a lot of rumors, people are still moving around for various reasons. The Real Estate Market will always be around. We all need a place to live.

Great family home in West Warwick, RI PENDING!!!

3 Bedroom home for sale in West Warwick, Rhode Island

This is a Bank Owned home priced under normal market value, waiting for your personal touches. It needs a minimum amount of work. Painting, etc.... Pull up the rugs and expose hardwoods. Make this your new home with your creativeness and build some sweat equity. Offered at $190,500. Bring prequalification letter and make an offer.

Check out the Virtual tour

Warwick home for sale $215000

Totally rebuilt home, in the heart of Conimicut, Warwick, Rhode Island

Builder spared nothing and includes extra lot. Move right in, like Brand new!

Please go to this link to see a Virtual tour of this delightful home with Central Air and hardwoods. See Virtual Tour

Tall Ships come to Newport Rhode Island

Yesterday I had the privilege of being entertained, fed and hosted onboard our good friends Joe and Peg's lovely yacht.

We arrived just beyond the Jamestown Bridge and set anchor preparing to spend our day watching the Tall Ships.

We had heard they were starting at 12 but from our vantage point, it was much later, around 1:30 before they started coming into view under the bridge. I took a zillion photos, but can't post them all here. So here are a couple and the rest will be on my ricoast blog and some on my Active Rain blog.

The weather cooperated nicely as it was an absolutely gorgeous day. Although watching the Tall Ships from afar is not as exciting as being up close (so you can hear the marching band music), it is still a thrill to view them as they parade in majestic magnificence around the island, swamping in size and detail the zillion boats of all shapes and sizes that swarmed around them.

It's not only seeing the Tall Ships, its being a part of all the other boats in Narragansett Bay, enjoying the sun and just having a great day. Thankyou Joe and Peg!

153 Finch Ave Pawtucket Rhode Island $174900!!!

First Time Homebuyers Or Investors

THIS IS THE CHEAPEST RANCH IN PAWTUCKET!
Newly painted exterior and trim.

Here is yet another great opportunity for you to get into a new home for under market value!

It boasts 3 bedrooms with hardwoods and a fireplace in the living room. A full basement affords loads of storage room.

This home needs Interior paint and a little (very little) TLC.

You will be buying this home AS IS. It has a full basement and cute yard in a great neighborhood! Ride by and take a look, then email me and we can discuss how I can get you into your new home! KarenHurst@rihome.net

"Making Realty a Reality"

15 Aurora Avenue Cranston RI

THIS HOME IS SOLD!

Don't miss this opportunity! At the end of a dead end street. Many upgrades already done, just needs a little TLC!!!

Make this your first home.

Offered at just under $205,000!

This is a foreclosed home. In Rhode Island sometimes these are the "best" ways of affording a home. If you are even the least bit handy, this is a perfect starter home, with three bedrooms, carport, secluded yard, fireplace, partially finished basement with bath, Central air!!

Please bring proof of funds with all offers!

My First Home

I was reading a comment on another blog of mine today, and someone mentioned how we, as Realtors, bring our lifetime experiences to the table of Real Estate. It made me think of my first home buying experience. When we first start out looking for a home, we are very excited. We check out all the websites and look through all the Virtual Tours and ride by as many homes as we can. This can go on for a couple of years. After awhile, we start getting serious and call a Realtor. Now we are still looking on the websites and sending him/her what we find and he/she is sending homes to us. We are starting to check out the insides of these homes. It's still very exciting. We can picture ourselves, or not, in some of these homes. We start to narrow down our choices, because the more homes we look at the more we can realize what we actually like or dislike about a home. Then one day, "this is it"! You know when you walk in the door that this is your new home. Now you go through the financial aspects of it and there is delay after delay, more paperwork needed, but you don't care, you just want the closing to be over with, so you can get in that house and start decorating! You have it all pictured in your mind, what you will buy and where everything will go. Then you move in. Well now you realize (actually you realized before but that was no fun), that you simply do not have the money to redo the entire house, buy furniture, appliances, rugs, etc. So you have to make do with one room at a time. Eventually, a lot of sweat equity can net you a very cozy place and right now Rhode Island Real Estate appears to have quite a few foreclosures on the market. You can pick up a neat little house for just under $200,000. Sure it will need work, but most of the homes I have seen need the basics that you would do in your own home anyway, once you lived there for awhile. So, if you're Realtor wants to show you some foreclosures, go ahead and look. You will need Vision and be able to picture how it will all look after you put in your own ideas, but your home will be worth more than you paid for it in no time at all. Now is the time to get a good deal, don't let it pass you by!