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TERRY MCCARL…, Real Estate Pro in Cape Coral, FL
TERRY MCCARLEY answered:
Why do others can buy reo properties so cheap without even listed in MLS?
Joe - your question is not clear. Most banks require the property be listed in the multiple listing service when they list the property with a real estate agent. Some banks also sell ... more
0 votes Share Flag Thu Sep 13, 2012 Home Buying in Newport
Herb Armstro…, Real Estate Pro in Newport, RI
Herb Armstrong answered:
How is the condo market in Newport at this moment ....spring of 2012? Is it a buyers market and if so....How much would YOU pay for a nice condo ?
The Newport condo market is still a very strong buyers' market. Single family homes are beginning to recover in Newport with strong sales, especially below $350,000. Prices are still ... more
0 votes Share Flag Wed Feb 6, 2013 Market Conditions in Newport
Amy Hoag, GRI…, Real Estate Pro in 02840
Amy Hoag, GRI, ABR, e-PRO answered:
How should I pay for a 900-1000 sq. Ft condo in the Kay catherine area.
Hi Janice, Financing a condominium can be difficult but not impossible. The square footage of that condo should not make it ineligible for financing. Typically condos under 500 square f ... more
0 votes Share Flag Sat Jun 2, 2012 Market Conditions in Newport
Arthur Chapm…, Real Estate Pro in 02840
Arthur Chapman answered:
how much die 61 prospect hill st. newport ri sell for?
62 Prospect Hill sold for $445,000 on 12/9/11.
0 votes Share Flag Tue Apr 24, 2012 Home Selling in 02840
Jay Rezendes, Real Estate Pro in Rhode Island
Jay Rezendes answered:
does this proprty have laundry on site?
Colleen,
It may just be my phone, but I do not see an address of the property in question.
0 votes Share Flag Tue Jul 31, 2012 Shopping & Local Amenities in Newport
Joe Pfeil, Real Estate Pro in Providence, RI
Joe Pfeil answered:
As a buyer, how do you feel about open houses on the Sunday of a holiday weekend? Would you be more or less likely to visit an open house?
Unfortunately, holiday weekend open houses seem to be a flop for me. I have held them during most holiday weekends with little success. During these times, I believe that people have ... more
0 votes Share Flag Mon Dec 26, 2011 Home Buying in 02840
Elizabeth J.…, Real Estate Pro in Northampton, MA
Elizabeth J. Herbert answered:
How does the paperwork for the home buying process work in RI?
Perhaps this link can help you:

http://research.lawyers.com/Rhode-Island/Buying-a-House-in-Rhode-Island.html
0 votes Share Flag Wed May 16, 2012 In My Neighborhood in 02840
Erica C. Sou…, Real Estate Pro in 02840
Erica C. Sousa answered:
Is it better to buy now or wait until the fall, after the summer season is over? Has there been a recent increase in foreclosures in Newport?
Hi
With house prices and interest rates still at an historical low, NOW is still a great time to buy. There are still a number of REO's currently on the market in the Newport Coun ... more
0 votes Share Flag Mon Jul 19, 2010 In My Neighborhood in 02840
Michael Duffy, Real Estate Pro in Livermore, CA
Michael Duffy answered:
What is the best source of REO or forclosure properties? Is RealtyTrac reliable? I am sceptical of these sites that make me register to view info.
Many of the "foreclosure" sites want your information for lead generation purposes. Your best source of foreclosure properties is by working with a local foreclosure speciali ... more
0 votes Share Flag Thu Nov 5, 2009 Home Buying in Newport
Arthur Chapm…, Real Estate Pro in 02840
Arthur Chapman answered:
I recently asked about Newport market. Someone replied that there is significant job creation occurring there. More info-details on this?Thanks, Kate
The Navy is adding between 300 to 500 full time jobs at the base in Newport. The student population at the base will also increase from current 6,000 to 16,000. These increses will occ ... more
0 votes Share Flag Sat Jun 2, 2012 Market Conditions in Newport
Arthur Chapm…, Real Estate Pro in 02840
Arthur Chapman answered:
Would you say the Newport market is a buyer's market at the moment, or is it bouncing back a bit?
The short answer is that it is bouncing back. But it depends on your price range. Currently there is less than a 5 month supply of properties under $300,000 which would indicate price ... more
0 votes Share Flag Wed May 16, 2012 In My Neighborhood in 02840
Arthur Chapm…, Real Estate Pro in 02840
Arthur Chapman answered:
In the last few months what has been the average square foot price for condominium sales in Newport .
The price per square foot can vary greatly in different locations and quality of building. Averages can be dramatically skewed by a high end sale, and there have been a couple of $1M c ... more
0 votes Share Flag Thu Nov 5, 2009 Market Conditions in Newport
Arthur Chapm…, Real Estate Pro in 02840
Arthur Chapman answered:
Does pending mean accepted offer ...going to contract?
Pending means that there is an accepted offer, a contract has been executed and the parties are moving toward a closing on the property.
0 votes Share Flag Mon Dec 26, 2011 Home Buying in Newport
Arthur Chapm…, Real Estate Pro in 02840
Arthur Chapman answered:
I put in an offer on a house that was a short sale . with in 2 days the agent for the seller got back to my
I'd resubmit your offer. It all depends on how good the communication is between listing agent, buyers agent, seller and bank. We are handling a good amount of short sales and there i ... more
0 votes Share Flag Sat Mar 28, 2009 Home Buying in Newport
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Homes sold in Newport Maine in September & October??
Kathleen,

The best source for this information is an agent from the New Port area. Try contacting one today.
0 votes Share Flag Sun Nov 9, 2008 General Area in Newport
Debt Free Da…, Real Estate Pro in 85260
Debt Free Dave answered:
Can someone provide a detailed list of closing costs for a second home purchase in Rhode Island?
Just contact a mortgage broker or real estate agent direct for this. Closing costs are different by area.
0 votes Share Flag Sat Mar 28, 2009 Home Buying in Newport, RI
Missy, Other/Just Looking in California
Missy answered:
I want to sell my 1 bd 1 bath - 770 sqft apt in new port pavonia, nj with nyc views. how much should i sell 4?
What are the neighboring homes similar selling for? that's your answer! SHOCK! But seriously, pricing is EVERYTHING! Ask too much and no one will look at it. Ask too little, and you ... more
0 votes Share Flag Mon Dec 26, 2011 Home Selling in Newport
Ruth Rivera, Real Estate Pro in Deltona Lakes, Deltona...
Ruth Rivera answered:
negotiating a spec home
Spec homes are usually inventory homes that are completed any ready to close. Builders are usually willing to lower their prices because they pay interest on it on a monthly basis. So ... more
0 votes Share Flag Sat Mar 15, 2008 Home Buying in Newport, RI
Julie Toon T…, Real Estate Pro in 29928
Julie Toon Timms answered:
What if buyer paid title insurance but they (title insurance co.)failed to have a 2nd mortgage paid off at
I would hope that it is merely an oversight and that when you contact they title insurance company, they will correct their mistake. Otherwise, you need to seek the advice of an attorn ... more
0 votes Share Flag Thu Feb 14, 2008 Home Selling in Newport, RI
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