Questions & Answers in Newport

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TERRY MCCARL…, Real Estate Pro in Cape Coral, FL
TERRY MCCARLEY, CDPE,CDAT,CPV 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 ?
Hi Janice, I was just looking at the 2012 sales numbers for Newport and the current inventory as I prepare my annual sales report newsletter. Condos are still a fairly strong bu ... more
0 votes Share Flag Wed Feb 6, 2013 Market Conditions in Newport
Herb Armstro…, Real Estate Pro in Newport, RI
Herb Armstrong answered:
How should I pay for a 900-1000 sq. Ft condo in the Kay catherine area.
If I knew which condo, I could give you more information, but generally, the condo complex has to be approved for FHA related loans. There are alternatives for financing even if not ap ... more
0 votes Share Flag Sat Jun 2, 2012 Market Conditions in Newport
Chad Kritzas, Real Estate Pro in Middletown, RI
Chad Kritzas answered:
how much die 61 prospect hill st. newport ri sell for?
$445,000 on Dec 12th, 2011 according to RI MLS
0 votes Share Flag Tue Apr 24, 2012 Home Selling in 02840
R.A.D., Real Estate Pro in Jamestown, RI
R.A.D. answered:
does this proprty have laundry on site?
Yes, the property does have a washer and dryer.
0 votes Share Flag Tue Jul 31, 2012 Shopping & Local Amenities in Newport
Amy Hoag, GRI…, Real Estate Pro in 02840
Amy Hoag, GRI, ABR, e-PRO answered:
How does the paperwork for the home buying process work in RI?
Hi Beantown, While the mortgage contingency and the home inspection contingency are standard in the RI State Purchase and Sales Agreement, a short sale contingency addendum and sale of ... more
0 votes Share Flag Wed May 16, 2012 In My Neighborhood in 02840
Erin Diaz, B…, Real Estate Pro in Charlestown, RI
Erin Diaz, Broker - Owner 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?
Evening KK! Unfortunately the foreclosures will be coming for some time... My advice would be to buy if you find what you are looking for. The market is creeping up and there is evid ... 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
Jeff Brooks, Real Estate Pro in Newport, RI
Jeff Brooks answered:
I recently asked about Newport market. Someone replied that there is significant job creation occurring there. More info-details on this?Thanks, Kate
This year, now that most construction has been completed on the base, the incoming America's Cup is generating a lot of service industry type jobs and will attract much more work with t ... more
0 votes Share Flag Sat Jun 2, 2012 Market Conditions in Newport
Amy Hoag, GRI…, Real Estate Pro in 02840
Amy Hoag, GRI, ABR, e-PRO answered:
Would you say the Newport market is a buyer's market at the moment, or is it bouncing back a bit?
Hi Kate, The Newport market does seem to be showing signs of shifting away from a strong buyer's market. Sellers are in a better position than they have been in the past few years and h ... more
0 votes Share Flag Wed May 16, 2012 In My Neighborhood in 02840
Michelle J.…, Real Estate Pro in Newport, RI
Michelle J. Drum answered:
In the last few months what has been the average square foot price for condominium sales in Newport .
Dear Laura: Arthur Chapman's response is totally accurate and Raveis certainly has a great web site. Interestingly enough, in the past ( and I have been an agent since 1986) the co ... more
0 votes Share Flag Thu Nov 5, 2009 Market Conditions in Newport
Jeff Holloway, Real Estate Pro in Dania, FL
Jeff Holloway answered:
Does pending mean accepted offer ...going to contract?
Pending means just that, the contract is pending... waiting on something to happen. Pending could mean many things... contingencies on both parties side having to be met, timelines. I c ... more
0 votes Share Flag Mon Dec 26, 2011 Home Buying in Newport
Alayna Berek,…, Real Estate Pro in Cranston, RI
Alayna Berek, RI RealtorĀ® 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
There is no way to force a seller to accept an offer. They may be in the process of taking the house off the market.
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
Arthur Chapm…, Real Estate Pro in 02840
Arthur Chapman answered:
Can someone provide a detailed list of closing costs for a second home purchase in Rhode Island?
Did you ever find anything in RI?
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
Arthur Chapm…, Real Estate Pro in 02840
Arthur Chapman answered:
negotiating a spec home
I have a lot of experience in dealing with new construction. I'd really watch out for the actual measurements of the home and materials. Also, it's tough to negotiate on the price, bu ... more
0 votes Share Flag Sat Mar 15, 2008 Home Buying in Newport, RI
Craig, Other/Just Looking in Western Ma.
Craig answered:
What if buyer paid title insurance but they (title insurance co.)failed to have a 2nd mortgage paid off at
My dad just had a similar problem - here is what happened. He gave a mortgage through his attorney - the attorney also is a client of a certain title company and therefore had his ow ... more
0 votes Share Flag Thu Feb 14, 2008 Home Selling in Newport, RI
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