Saving money is essential to preparing for a home purchase, even if you intend to take out a mortgage. There are various fees involved in that purchase, and we cannot forget about the down payment. So, how much do you need to set aside for the down payment on your mortgage? The answer to that […] The post How Much Do You Need for a Down Payment? appeared first on RI Home Store ..read more

Selling your home may eventually become necessary due to significant changes in your living situation. Now that you have young kids, your old home is too small to accommodate everyone comfortably. A move may also become necessary because of your new job. Regardless of the reason, it is evident that you need to sell your […] The post The Top 3 Best Practices for Selling Your Home appeared first on RI Home Store ..read more

Homeownership is still the goal that motivates many of us to get up in the morning and put in a hard day’s work. However, developments in recent years have caused many people to question if such a goal is still worth pursuing. We are talking specifically about developments in the residential real estate market. According […] The post Why Homeownership Wins in the Long Run appeared first on RI Home Store ..read more

After years of saving money and building up your credit, you are finally ready to become a homeowner. However, for first-time home buyers, the entire process leading up to the purchase can be exciting and intimidating. Notably, it is a process that can also be tricky to navigate for new buyers. In this article, we […] The post 10 Mistakes First-Time Home Buyers Make appeared first on RI Home Store ..read more

You must explore all of your options before signing your mortgage. While conducting your due diligence, you may hear about a 40-year mortgage and wonder if that kind of loan makes sense for your situation. Mortgages are major commitments. Knowing what you are getting into before signing any loan agreement’s dotted line is best. In […] The post Should You Get a 40-Year Mortgage? appeared first on RI Home Store ..read more

Investing in real estate properties can be profitable, but how many mortgages can you have? You may think that your dream of becoming a real estate mogul is impossible to achieve precisely because of that question. However, it may surprise you to learn that you can hold more than a few mortgages at any time. […] The post How Many Mortgages Can You Have? appeared first on RI Home Store ..read more

Is it time for you to refinance your home? The thought may have entered your mind recently, and now you are constantly pondering it. Of course, a potentially better deal is out there, but is it worth chasing? Refinancing your mortgage is not a decision you can make on a whim. There are several factors […] The post When Is a Good Time to Refinance Your Home? appeared first on RI Home Store ..read more

Rhode Island is full of enticing real estate properties. While searching for an ideal property to purchase, you may encounter a realtor who proposes to partner with you while maintaining dual agency. Dual agency is not a widely known concept to most people. Even if you have bought and sold a few properties over the […] The post What Is Dual Agency in Real Estate? appeared first on RI Home Store ..read more

Can you sell a house with a lien on it? That question may currently be bouncing around your head as you are trying to work out what you want to do with your Rhode Island property. Selling your home is already a  complicated endeavor. It only becomes more difficult when you need to consider a […] The post Can You Sell a House with a Lien on It? appeared first on RI Home Store ..read more

Following the passing of your parents, you may find yourself in possession of a new property. The inherited property may be one that you share with your siblings. Things can get complicated in those scenarios because you and your siblings may have different ideas for the property. One of you may consider moving into the […] The post Can Siblings Force the Sale of Inherited Property? appeared first on RI Home Store ..read more