Click here to read the latest “News from Nick” – Issue #5. Share and Enjoy:

For Your Clients: 4 Tips to Reduce Your Closing Costs and Fees By Paige Tepping RISMEDIA, July 27, 2010–Home mortgage rates are currently near historic lows and have remained at these low levels for several months. As a result, many people are eager to refinance their current mortgage loan to lock in a low rate. [...]

“Warwick, RI – July 22, 2010…The number of sales and median price of single family homes increased in June according to statistics released today by the Rhode Island Association of Realtors. Eight hundred and ninety-seven (897) single family homes were sold last month, far surpassing the 667 sales of the previous month.  Sales were up [...]

The City of Warwick has been named to MONEY Magazine’s list of the top 100 Best Places to Live in America, Mayor Scott Avedisian announced today. Warwick is the only Rhode Island community to earn a place on the publication’s annual assessment of the nation’s cities and towns. Last year, the magazine examined small towns [...]

City Council to Vote on July 26 “Warwick, RI – July 21, 2010…The Rhode Island Association of Realtors and the Greater Providence Board of Realtors is working to spread the word about a significant tax hike facing Providence property owners that will be voted on by the Providence City Council on July 26th.  If passed, some property [...]

By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget. Homeownership should make you feel safe and secure, and that includes financially. Be sure you can afford your home by calculating how much of a mortgage you can safely fit into your budget. Instead of just [...]

By doing your homework before you buy, you’ll feel more content about your new home. Most potential homebuyers are a smidge daunted by the fact that they’re about to agree to a hefty mortgage that they’ll be paying for the next few decades. The best way to relieve that anxiety is to be confident you’re [...]

By preparing for a real estate short sale, you can emerge with a great home at a favorable price. When sellers need to sell their home for less than they owe on their mortgage, they’re shooting for a short sale. Short sale homes can sometimes be bargains, but only if you do your homework, stay [...]

Whether you’re buying or selling, it’s important to choose representation that meets your needs in the transaction. You have choices when selecting representation in a real estate transaction. Here are five tips for understanding which type of legal relationship with a real estate professional, called an agency relationship, will best protect you when you buy [...]

Walking away from a mortgage you can still afford to pay has consequences; everyone knows that. Your credit score is shot and it can be impossible to get credit.  Some homeowners, no doubt, believe that the credit score hit is worth getting out from a deeply underwater mortgage. After default, they reason, they can raise [...]