Not certain what your tax rate is ? Check it out here!
http://www.riliving.com/about-rhode-island/taxrates/index.aspx
Wednesday, December 7, 2011
Tuesday, November 15, 2011
Tuesday, November 8, 2011
Tuesday, October 25, 2011
Refinancing Help! maybe?
Refinancing Help? - Maybe?
October 25, 2011
Liz kettelle
In the past few years i have been on many appointments to help homeowners 'see" what the value of their home is in todays market..
some of these folks were curious because they wanted to move out of state,into a larger home or even, down size into something more
manageable.other folks were financially failing and wanted to sell to avoid foreclosure. The larger number of these people ended up in
"short sales" ( selling for less than homes worth). because what they owed on their mortgage was HIGHER than market value.
The problem CONTINUES to exists for the home owner that is not financially strapped, is gainfully employed , has fair to good credit and
doesn't want to move, but is locked in to an interest rate of anywhere from 5-8% ( sometimes higher). Unfortunately, all the lenders
stated, we would love to refinance them but, the appraisal value came in 10,15,20% or more under what is OWED.
Well, here is the link that we HOPE will help these folks get in to a lower interest rate mortgage through a refi program that should go into
effect soon. http://money.cnn.com/2011/10/24/real_estate/housing_refinance/ .
my only hesitation about getting really excited about this is:
1.The program will help 1 million people and the need is upwards of 4 million
2 How much will Rhode Island Home Owners benefit from this program? Other states are at a higher need (Florida,arizona,california)
Well, given my passion to help Rhode Island sellers,buyers and home ownership, I will remain excited about the
revamped HARP ( home affordable refinance program). If just one of my clients benefit from it, then it worked!
Changing my maybe to YES!!!
October 25, 2011
Liz kettelle
In the past few years i have been on many appointments to help homeowners 'see" what the value of their home is in todays market..
some of these folks were curious because they wanted to move out of state,into a larger home or even, down size into something more
manageable.other folks were financially failing and wanted to sell to avoid foreclosure. The larger number of these people ended up in
"short sales" ( selling for less than homes worth). because what they owed on their mortgage was HIGHER than market value.
The problem CONTINUES to exists for the home owner that is not financially strapped, is gainfully employed , has fair to good credit and
doesn't want to move, but is locked in to an interest rate of anywhere from 5-8% ( sometimes higher). Unfortunately, all the lenders
stated, we would love to refinance them but, the appraisal value came in 10,15,20% or more under what is OWED.
Well, here is the link that we HOPE will help these folks get in to a lower interest rate mortgage through a refi program that should go into
effect soon. http://money.cnn.com/2011/10/24/real_estate/housing_refinance/ .
my only hesitation about getting really excited about this is:
1.The program will help 1 million people and the need is upwards of 4 million
2 How much will Rhode Island Home Owners benefit from this program? Other states are at a higher need (Florida,arizona,california)
Well, given my passion to help Rhode Island sellers,buyers and home ownership, I will remain excited about the
revamped HARP ( home affordable refinance program). If just one of my clients benefit from it, then it worked!
Changing my maybe to YES!!!
Thursday, September 22, 2011
Alarming Seller Pre-Closing Task
As every real estate agent ( and hopefully seller) knows, in order to get to the closing table
you must provide closing agent ( attorney in R.I.) with a smoke and carbon monoxide cerifcate
thats proves that your property has functioning and properly installed "carbons and smokes".
This is (almost always) the reponsibilty of the seller . However, there comes a time ( for one reason or another) that we as
realtors take on this duty for a specific property. Perhaps the seller is unable to physically perform this task , they are out of town, or it
is a bank owned property.
Well, today was one of those days for me. last minute i received notice (on a "short sale" property ) that we
needed to close asap. So, I immediately contacted the fire marshall in the town and he was kind enough to meet me asap.
of course, if the fire marshall shows up and the smokes and carbons are NOT functioning , Missing or even
(VERY IMPORTANT TO KNOW!!)- OVER 10 YEARS OLD- then you do not get the certificate
and many fire marshalls will charge you and make you reschedule.
well, I was prepared and I am writing this blog post, so sellers can prepare themself for this
stage of the game. here is a list to be certain you are ready when the fire marshall shows up
with that ( ever important) smoke and carbon certificate.
1. find out where your smoke detectors and carbon monoxide detctors should be located in your home.
2. Be certain that already installed carbons and smokes are UNDER 10 years old.
3. if you need to install new ones, buy the right ones. (hard wire replaces hardwire )
4. you can buy combo ( smoke and carbon detectors for approx. $37.00 or individuallyand save a little cash.
5. BEST TIP - when installing, i prefer to use sheet rock screws instead of the screws they give you in the packet. makes it MUCH
easier to install.
materials needed sheet rock screws screws that come with smokes
6. most importantly, complete and schedule this task 2 weeks prior to close if you can and remember the town/city will charge you
$30 for this certificate and some cities/towns require a certified check. NO CASH payments. find out when you call to schedule
inspection.
Oh yeah, more than likely if you made it this far, your CLOSING is right around the corner. YEEEESSSS!!!!
Tuesday, September 20, 2011
Real-Time Real Estate Market Data from Altos Research LLC
Real-Time Real Estate Market Data from Altos Research LLC:
Friday, June 24, 2011
Real-Time Real Estate Market Data from Altos Research LLC
Real-Time Real Estate Market Data from Altos Research LLC: "
"
"
Wednesday, March 30, 2011
Tuesday, March 1, 2011
Buying a home that needs work?
Are you in the home search phase and everytime you find a home in the area you want to live in , it needs WORK ? It has everything you dreamed of in a home except it has that dated 1970's kitchen or the foiled wall paper bathroom. Well, why not talk to your loan officer about a 203k loan. I recently found out that to qualify for this type of loan the property does not need to require a rehab.The property could be in fabulous condition and simply need a cosmetic upgrade.For instance, you could upgrade the old kitchen to your dream kitchen or old bathroom to the tiled bath with new tub and countertops. In short, if you are a buyer feeling frustrated about not getting everything you want in a home, than a 203k loan may be just what you are looking for. email me today ( listwithliz@cox.net) and I will direct you to a knowledgeable 203k loan officer to help get you started on the purchase of your dream home.
Saturday, February 19, 2011
Sunday, January 30, 2011
Subscribe to:
Posts (Atom)