Rhode Island Real Estate Corner

9 Nichol Ave Warwick, RI Beach Access on Greenwich Bay

Fri, 18 Nov 2011 15:52:20 -0500

Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."

Home for sale in Warwick, Rhode Island , 84 Osage Drive

Tue, 01 Nov 2011 08:07:49 -0400

Look no further, you have found a great home for sale in Warwick, Rhode Island at 84 Osage Drive.

You've found it! A wonderful 3bed 1bth Ranch in the "Farms". A true beauty, well cared for and maintained. New kitchen,roof,hot water,electric and more. Large floor plan with hardwoods & fireplace. Great garage and lovely landscape. Just for you!

Governor Francis Farms is one of Warwick, Rhode Islands premiere neighborhood. A terrifice area with tree lined streets, large meandering and curvey roads, nestled out on a point in Narragansett Bay, Rhode Island. These hmes were built in the 1940's and 1950's with amazing detail and class. Residents come here and fall in love.

This lovely listing has over 1400 square feet of single level living area. A perfect starter home fopr first time home buyers, or a down size home for the mature buyer. Either way this property has it all.

Call today for your private showing. Mark McHugh 401-641-3842

Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."

126 Warwick Avenue in Cranston, Rhode Island is for Sale.

Tue, 01 Nov 2011 07:45:13 -0400

Yes, it's true, 126 Warwick Avenue in Cranston, Rhode Island is for Sale.

I know you've all been waiting for this one to finally roll out and be offered for sale. It's finally here at 126 Warwick Ave.

WOW! Like walking into a design studio. Fabulous 2/3 bed 1.5 bath Colonial boasting delicious details. Rich color and texture in a new kitchen, dark hardwoods, period detail moldings, heated bathroom floor, smart home tech, polished finish. Terrific home.

Fresh designer paint applications through out.
Stainless steel appliances.
Smart home switches and lighting.
Deep rich hard wood floors.
Finest fixtures in kitchen and baths.
Advanced alarm system.
Terrific porch and yard area.
Heated enclosed porch and study.
Low maintenence siding.
Lot's of off street parking.
200 amps of power circuit breakers.
Cable ready.

Located in Cranston, Rhode Island in the Edgewood section. This Colonial was built in 1920 and fully updated in the last 5 years. So close to all amenities. Walk to Roger Williams Park, close drive to Pawtuxet Village, a brand new Stop & Shop market less than a mile away.

Take a Youtube tour of the property:

Check out the details in this Postlet Flyer

Call Mark McHugh for a private showing.

401-641-3842

Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."

Home for Sale in West Warwick, Rhode Island 02893 3bed/2bath Raised Ranch

Wed, 13 Oct 2010 14:50:05 -0400

Home for Sale in West Warwick, Rhode Island 02893 3bed/2bath Raised Ranch 401-641-3842

A very well maintained Raised Ranch built in 1979 with only one owner. A spacious 1536 square feet of living area, 3 bedrooms, master with a full bath and 2 car garage. This lot is located on a cul'd sac and beautifully kept.

Asking Price : $192,000.00
10,890 square foot lot.
Taxes $4,252 for 2010
Town sewers and water.
Gas heat, forced air.
Central air conditioning.
100 amp circuit breakers.
Vinyl sidded & thermal windows.
Stove, refrigerator, dishwasher.
Washer & dryer to remain.
auto garage door openers.
ESTATE SALE "AS IS"

WEST WARWICK, RHODE ISLAND

West Warwick Tax Assessor Site

West Warwick Public Library

West Warwick Public Schools

West Warwick History

Call Mark McHugh 401-641-3842 or Nick Slocum for a private showing. Visit Zillow to view all the statistics on West Warwick. Find homes for sale in Rhode Island by searching the internet on marksRIHomes.com . Serving all of Rhode Island helping buyers and sellers make all the right moves.

Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."

Warwick foreclosures offer opportunity in a great city in Rhode Island.

Wed, 04 Aug 2010 12:24:08 -0400

Warwick foreclosures are a great deal in this wonderful city. Recently Warwick was named one of the best 100 cities to live in by Money Magazine.

Warwick located in Kent County, Rhode Island. It is the 2^nd. largest city in the Rhode Island just south of Providence. Warwick has an estimated population of 88,000 people and the average household income of $56,000.

Those looking to buy foreclosed homes in Warwick can expect to purchase the low to medium priced homes for the area. Locating bank owned properties in Warwick is easy to do. Simply go to Warwick Forclosures for all the up to date properties in Warwick and Rhode Island.

Why is it a good idea to buy a foreclosed property in Warwick? Well, the this part of Rhode Island boasts a great deal of employment and plenty of housing opportunities. There are still manufacturing jobs, retail, shipping and receiving, banking, and insurance.By purchasing a foreclosed property, you can expect to save 10-20% off the current market value.

I have helped many first time buyers buy foreclosed homes in the Greenwoodand Warwick Neck sections of Warwick.These areas are known to be great places to live and are highly sought after.

Savings can be as much as 20% off current market values according to RealtyTrac.

The most recent statistics of foreclosed bank owned properties in Warwick, Rhode Island : According to the state wide multiple listing service in Rhode Island, there are 569 single family homes on the market in Warwick. Of those, 27 are foreclosed or bank owned. Of these 27 homes, more than half are listed below $200,000.

What is more staggering is the amount of pre-foreclosures or Short Sales in Warwick. Out of the 524 single family homes there are 94 properties that are on the market offered as short sales.

Working with a Realtor who has experience and a team of professionals to help the process of buying foreclosed homes, bank owned property and short sale listings is crucial to a buyer's success. Mark McHugh of Slocum Realty has the knowledge and expertise to help all buyers and sellers of real estate attain their goals. 401-641-3842 markm@slocumrealty.com

BUYWARWICK.COM

Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."

Understanding Short Sale Transactions | A Guide to Short Sale Facts & Myths

Wed, 28 Jul 2010 12:10:50 -0400

Short Sales in Rhode Island are a huge part of the real estate market. This post by Bill is a wealth of knowledge to the sellers, buyers, and agents dealing with short sales in Rhode Island.

I have had my hand in many short sales in Rhode Island; feel free to call, email or text me for a free consultation. 401-641-3842 markm@slocumrealty.com http://www.marksRIHOMES.com/

Via Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty):

Understanding Short Sale Transactions | A Guide to Short Sale Facts & Myths

A short sale unfortunately has become a common buzz word in the Real Estate industry. For those that have been hearing the term "short sale" and don't quite understand what it means, a short sale is a legal lender approved solution designed to assist a home owners who is financially strapped to get out from under their mortgage debt.

A short sale is negotiated through the mortgage holder of an owners home where by the mortgage holder agrees to take less than what home owner owes on the property.

A quick example of a short sale would be if a home owner owes $400,000 on their current mortgage and their home is only worth $350,000. The lender in this example would agree to take a short fall of $50,000 at closing.

In some cases the mortgage holder may completely wipe out the debt and the home owner does not have to repay the 50,000. Many lenders may require a seller to sign a note and repay the debt over a certain amount of time. Typically the debt will be reduced and the owner may receive favorable repayment terms of the short fall.

There is quite a bit to know about short sales from both a buyer's and seller's perspective. I have been successfully been completing Massachusetts short sales over the last three years. In fact (knock on wood) I have never had a short sale that did not get approved! Successfully completing a short sale is about understanding the process.

Many consumers make extremely poor choices by working with Real Estate agents that don’t have a lick of experience with getting short sales approved. Picking a good short sale Realtor is critical to your success.

The following is a number of specific topics about short sale transactions that you would want to be aware of if you are planning to either buy or sell one of these types of distressed properties.

Stop making mortgage payments during a short sale? ~ Whether or not a home owner should continue to make mortgage payments is a common question that many sellers want to know when considering a short sale. The most common answer to this question is YES, however it really depends on the lender! Click the link to understand all the considerations.

Picking the right short sale Realtor ~ Picking a Realtor to work with in a short sale is very different than a traditional transaction. You want to work with an agent that has experience successfully closing this type of transaction. Remember as a seller you could potentially be facing a foreclosure. There are many mistakes that are made by agents handling short sales. Don't get caught with your pants down!

Questions to ask a short sale listing agent ~ If you are thinking about buying a short sale there are some specific questions you can ask the listing agent to determine the probability that the short sale will be approved or not. These short sale questions will also help determine if the Realtor handling the short sale knows what they are doing!

Acceptable hardships for a short sale ~ On many occasions when doing a short sale the lender is going to require some kind of hardship on the part of the seller. Short sale hardships however, have become less rigid recently and some lenders are becoming more concerned strictkly on whether the short sale would benefit them more than a foreclosure sale.

Short sale tax consequences ~ Understanding the tax consequences in a short sale is one of the most important considerations for a home seller. Whether the short sale home was a primary residence or an investment property can have different tax implications.

Getting short sale debt released ~ Getting the debt released on a short sale is obviously a very big deal. Many Realtors that are working with short sales don't have any knowledge of how to get the debt released. A seller needs to pay particular attention to this detail as you can expect to be hearing from a collection agency without it!

When to do a short sale home inspection ~ This topic is important to understand from both a buyer's and seller's perspective. A home inspection should be done before short sale approval and NOT after. Read the article to understand why it benefits both the buyer and seller to do so.

Strategic default vs short sale ~ There are many home owners who are deciding just to walk away from their homes. Fannie Mae has started to crack down on this practice and is now penalizing borrowers from getting a mortgage for up to seven years! A perfect alternative to a strategic default is a short sale.

These articles were published on my Massachusetts Real Estate blog where I talk about numerous topics that are important to consumers who may be thinking about buying or selling Real Estate.

I am successfully completing short sales through out the Metrowest Massachusetts area. So far, knock on wood, I have a 100% success rate for short sale approval! If you need to complete a Massachusetts short sale please feel free to get in touch.

If you are outside of the Metrowest Massachusetts area and need to do a short sale please give me a call or email and I would be happy to refer you to a Realtor in your location that handles short sales and knows what they are doing! I have referred short sales to other Realtors all around the country.

___________________________________________________________________________________________________

About the Author: The above Real Estate information on understanding short sale transactions was provided by Bill Gassett, a Nationally recognized leader in his field. Bill can be reached via email at billgassett@remaxexec.com or by phone at 508-435-5356.

Have a home to sell in Metrowest Mass? I have a passion for Real Estate and love to share my marketing expertise!

For Metrowest Massachusetts Real Estate and homes see Massachusetts Real Estate. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service short sales in the following towns in and around Metrowest Massachusetts: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Northboro, Shrewsbury, Hopedale, Medway, Grafton, Northbridge, Uxbridge, Franklin, Framingham and Douglas MA.

Click here to view Bill Gassett's Real Estate profile.

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Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."

Warwick to Boston in 40 minutes... the brand new train station is sure to help real estate values in Rhode Island.

Wed, 28 Jul 2010 08:37:37 -0400

The belief in Karma is "if you do good things...good things will happen", so the popular TV show character from My Name Is Earl, says. Well here in Warwick good things are happening and residents deserve the fruits of their deeds as well. Long have the people of Warwick ,in recent history worked for a symbiotic relationship with our state airport. Although there are many more discussions to be had, the new train station and intermodel will be a much needed expansion for Warwick and the rest of Rhode Island.

How will this project increase the property values of the surrounding cities and towns of Warwick, East Greenwich, and Cranston?

Here are the local figures from Trulia:

Providence Journal .Think of the quality of life that a young family who has employment opportunities in the Boston Metro area and with higher incomes. They now have the ability to commute on a direct train daily and enjoy a quiet suburban setting like Warwick Neck .

The most important step in getting acclimated to the new area is to talk with a local expert. A Realtor and Accredited Buyer's Representative like Mark McHugh to help you find the perfect home in Rhode Island . markm@slocumrealty.com 401-641-3842

Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."

68SurfAve.com For sale. Adorable 2 bed Cottage nestled on top of a hill overlooking the bay.

Tue, 06 Apr 2010 15:01:08 -0400

So close to the water with full season views. $159,900.

Wonderful opportunity to own this adorable 2 bed Cottage. Great open plan, fireplaced living room, large bedrooms and kitchen.

Call Mark McHugh for all the details: 401-641-3842

Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."

Home for Sale: 32 Booth Ave. Warwick, RI. Terrific 3 bd/1.5 bth, Bungalow with many updates.

Mon, 08 Mar 2010 06:59:43 -0500

Asking $149,900.00 This is a terrific find. The entire place was reconditioned in 2005. New everything, roof,windows,heat,hot water,siding,electric and more. A great layout with nice light and flow.

Call today for an easy showing. Spring's best offering in Warwick, Rhode Island's Real Estate Market.

Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."

Home for Sale in Warwick, Rhode Island www.35VancouverAve.com $224,900. Mark McHugh ABR,SRES

Tue, 02 Mar 2010 07:55:09 -0500

A fantastic 4 bed Cape in a terrific neighborhood.

Style and detail abound with this classic beauty. Features include hardwood floors, granite counters, fireplace, new heat, new windows, garage & breezeway.

Mark McHugh Rhode Island Realtor @ Slocum Realty , Warwick, RI 02886

markm@slocumrealty.com http://www.marksRIHomes.com/ http://RhodeIslandRealEstateCorner.com/

"Exceptional Service with a Smile."