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To discuss your options in depth, contact me online, or call 40 or 80 toll free. With my more than 40 years of experience as a practicing Rhode Island attorney, I can help you with your real estate matter. I will arrange to provide an owner’s title insurance policy, which will protect the owner against any defects in title on record, and a mortgagee’s title insurance policy, which will protect the lender. I will conduct the closing, make sure that all mortgages and other liens are paid off and ensure that each party understands the transaction and that the terms of the purchase and sales agreement are fulfilled. You want access to all CE courses in your state at a fraction of the cost.
#RI REAL ESTATE TRANSACTIONS LICENSE#
You need to renew your license and want to go above and beyond your CE requirements.
#RI REAL ESTATE TRANSACTIONS PROFESSIONAL#
My firm will provide advice and consultation on these and other matters that come up in the sales process. You are a real estate professional and want to build your skills to make more money. Typically, surveys are not performed in residential closings, but sometimes such issues do arise.
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Title examinations typically do not disclose matters related to encroachments or other survey issues.
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Help For A Variety Of Real Estate Transactions It’s essential to retain a lawyer, and I strongly advise people to do so at the outset of a real estate transaction. House of the Week: Portsmouth home allows residential, commercial usesĪ big contributor to the rise of real estate prices starting in 2020 was the shift to remote work, which allowed some people to live farther from their employer and increased their desire for more living and work-from-home space.Īlthough much of the economy has reopened since 2020 and city centers have come back to life, remote office work and its impacts on real estate show little sign of reversing themselves.Buying or selling a home is one of the biggest financial actions that people take in their lives. The median single family sale in Massachusetts last month was $510,000, according t Rhode Island still a bargain compared with MassachusettsĪs expensive as housing has become, Rhode Island still looks like a bargain compared to its neighbor to the north. Nearly a quarter of all single-family Rhode Island transactions - and more than half of the $1-million-plus sales - involved an out-of-state buyer last month, according to the realtors association. More: Rhode Island failed to use more than $1 billion for affordable housing, state senator saysĪlthough the amount of cash from Boston and New York isn't as dramatic as it was in the spring of 2020, it hasn't gone away. But there isn't an overwhelming amount to choose from in those markets either. While in theory rising prices should encourage more people to sell, seeing so few homes to buy may make some reluctant to make a move, setting off a feedback loop.Īnd until price appreciation slows down, potential sellers may want to see if they can get even more for their current home if they wait a little longer.ĭel Borgo said she is seeing some buyers get creative to try to take advantage of the high prices by considering renting temporarily, looking at condos or buying a multifamily property where they can live in one unit. "It is hard to say with COVID, but I do think we will continue to see an increase in inventory and conditions will improve somewhat," she said.