Recent comments in /f/RhodeIsland

TzarKazm t1_j5rcm10 wrote

To give you an idea on flood insurance, I was looking at a house that was in a flood zone, so I got a quote for flood insurance: $6,600 a year. Which is never going to go down, and might go up.

Also flood insurance only covers a max of $250,000 in damage. If the house were a total loss, I would be out a lot of money.

I decided that having flood insurance be 25% of my mortgage payment was unacceptable. I could buy a lot more house with that money.

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strugglebus984 t1_j5rbpj4 wrote

We had contracts on a few houses before we were finally able to purchase. In my experience, this is pretty common in RI. The real estate market is quite a bit more loose here. Very different here than many other states Many of the homes here are older and the sellers really don’t know the info. Even if your purchase isn’t contingent on an inspection, you can still have an inspection done and that should answer most of your questions.

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Loveroffinerthings OP t1_j5rb128 wrote

Ohhhh it got spicy! Like I’ve said, this dude from Bitimani seems like a grifter. He doesn’t get his way and then blames someone else. The one person saying they took forever to serve food, and didn’t clean up seems to be the reason they didn’t want to collab anymore. Happy that the youth have come to bat for AS220.

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Separate_Safe2779 OP t1_j5radvx wrote

We did quite a bit of research and drove around a lot in October when we were in town. We have autistic people in my family, so the stuff that makes Warwick unattractive to some people (big box stores and chain restaurants) is actually great for us, and it’s very similar to the environment we live in now outside Denver. We like the area around Pilgrim High School in particular and are also considering a house near Conimicut Point. There’s not much inventory, unsurprisingly.

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kelloggs8787 t1_j5r962v wrote

I'm in the middle of selling a home in RI now, and we marked "unknown" on most of the lines, because we didn't have the proper documentation to prove what we knew/ were aware of. The previous owner had a bathroom installed in the basement but never got permits for the work, so we couldn't even add that it had that bathroom on our listing.

I would ask your realtor about it, as they are way more privy to what's up with the seller. Could be nothing, but if your gut is saying that's weird, then it probably is.

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