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Home Buying in 02908 : Real Estate Advice

  • All17
  • Local Info2
  • Home Buying4
  • Home Selling2
  • Market Conditions0

Activity 4
Nprasad2, Home Buyer in Pawtucket, RI
Mon Feb 4, 2013
Nprasad2 answered:

I was looking to buy a house in providence with similar issues, just last month. A good friend and neighbor, also a builder, recommended Mr. Paul Gadowry. His analysis made good sense and was able to suggest remedies. Unfortunately, I couldn't get the buyer to sufficiently factor the situation and reduce the price. But, then I found another opportunity and jumped on it.
good luck,

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Jamie Rebello, Real Estate Pro in Warwick, RI
Thu Mar 15, 2012
Jamie Rebello answered:
Go to and search through there, it will tell you who the listing agent is. If you need a buyers agent I'd be more than happy to help you with your home purchase, thank you. ... more
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Cathy Sloan, Real Estate Pro in Jacksonville, FL
Sun Jul 31, 2011
Cathy Sloan answered:
Call your CPA or ask some income tax preparation. My brother in law was given a sizeable gift againt a future inheritance. Based upon the size of the overall expected inheritance there was no tax required just a reporting to IRS by the parent granting the gift.

If the home you purchase is bank owned. The bank will require a proof of funds letter from a bank or brokerage firm. The name on the contract, to purchase, proof of funds letter and title/deed must all agree.
You will need to transfer the funds into an account that your son is on, prior to making an offer on bank owned. properties and possibly a short sale as well.
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Mary Lyons,  in Coventry, RI
Mon Dec 29, 2008
Mary Lyons answered:
Hi Beth,

Multi-family homes are certainly a good deal right now, so I can appreciate you wanting to take advantage of that. There are very few benefits to remodeling a two family into a one family home, what is is about this house that you like? Perhaps it is the neighborhood, or maybe you are new to the market and are exploring all of your options? Either way, I can help you, email me and we can discuss the best course of action for your unique situation.

Thanks for asking the question.

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