What Happens During the Buyer Final Walkthrough?
The final walkthrough is a buyer’s last opportunity to confirm the property is in the agreed-upon condition before closing.
Category: Buying
Practical guides for buying a home in Providence, Cumberland, Pawtucket, Lincoln and across Rhode Island, Massachusetts and Connecticut. Alexander Parmenidez, Broker Associate with Coldwell Banker Realty, covers pre-approval, what a payment really costs once taxes and insurance are included, down-payment programs, inspections, and how to write an offer that holds up. Written for first-time buyers and move-up buyers who want the numbers before they fall in love with a house. Available in English and Spanish.
¿Qué es una carta de compromiso y por qué es importante al comprar una casa?
Una carta de compromiso (Commitment Letter) es un documento del prestamista que indica que tu préstamo hipotecario ha sido aprobado bajo ciertas condiciones.
What Is a Commitment Letter and Why Is It Important When Buying a Home?
A commitment letter is a document from a lender stating that your mortgage loan has been approved under specific conditions. It
¿Es Suerte o Oportunidad? La Verdad Detrás de Comprar Casa
Es común escuchar frases como: “Tuviste suerte de comprar en ese momento” o “Ojalá hubiera comprado cuando los precios estaban más bajos”. Sin embargo, en…
What Happens If My Home Appraises Below the Contract Price?
When a buyer is financing a purchase with a mortgage, the lender orders an appraisal to confirm the property’s value.
Wholesaling in Rhode Island: Buyer Basics
Wholesaling means you’re buying a contract, not the property, often at a discount. It can create opportunities, but buyers must move quickly, verify numbers, and…
Understanding Septic Systems
A septic system manages wastewater when a home is not connected to public sewer. Understanding how it works, how to maintain it, and what inspections…
RI Slab Foundations: Pros & Cons
Slab foundation homes can offer lower maintenance and cost advantages, but in Rhode Island’s climate, buyers should carefully evaluate insulation, plumbing access, and long-term resale…
Is It Luck or Opportunity? The Truth Behind Buying a Home
Luck is actually the result of preparation, information, and actions taken at the right moment.
¿Qué es un depósito de garantía (Earnest Money)? Guía para compradores y vendedores
Un depósito de garantía (Earnest Money Deposit o EMD) es un pago de buena fe que se entrega después de que el vendedor acepta una…