ADDED March 1, 2012
Buying a home in Rhode Island can be confusing, especially for the first time home-buyer. The real estate industry, like most others, uses jargon that is sometimes difficult to understand. Consider this a primer to learning a few of those terms. Below you have a step by step definition that will make you sound “in…Read More »
ADDED February 21, 2012
A combination of historically low mortgage rates and declines in home pricing are resulting in the most affordable home market in two decades. This is great news for home buyers, provided they are able to qualify for a loan. Stricter guidelines and qualifications may make getting a home loan more challenging, so potential home buyers…Read More »
ADDED February 8, 2012
Home ownership can be a heavy responsibility at times… especially when times are tough. Homeowners in the city of Providence RI face unemployment and a city on the brink of Bankruptcy. It can also be challenging to find help when times are difficult due to a decrease or loss of income, illness, unexpected disaster or…Read More »
ADDED April 10, 2011
We get so many questions about how the Homestead Exemption works in Providence RI, that I thought it would be helpful to explain it in a post. So how does it work? The tax rate in Providence for someone that does not live in a home as a “primary residence” is $30.38 per thousand of…Read More »
ADDED April 6, 2011
Considering tax assessments on the East Side of Providence, RI, we ran across an interesting example of how one can get fouled up when considering the purchase of a home. Take the example below which is an actual MLS listing description from our realtor MLS. The inputting of this data into MLS feeds all the…Read More »
ADDED April 3, 2011
New this week — Fresh to East Side Providence RI Real Estate —- brand new single family listings. Well sort of “brand new” Four out of 10 of these are “re-lists” – Wayland Ave, Greaton, Freeman Parkway and Woodland Terrace.
ADDED April 3, 2011
To continue from the last post, I thought I would take the same example, this time from Trulia.com to see if the Property taxes East Side Providence RI reported were accurate from the national website versus what should be reflected in MLS. Again, Trulia.com doubles the taxes. Most single family homes on the East Side…Read More »
ADDED April 2, 2011
I’m a big fan of Zillow.com. When it comes to tax calculations however in Providence RI and where assessed values are high, like here on the East Side of Providence, Zillow.com can be very misleading. Take the case in point from two of our listings on the East Side. I nearly choked on my morning…Read More »