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My name is Mark Corbett and I am a member of The Corbett Team!

Not Buying a Rhode Island Condo click here!

I looking forward to representing & serving you!

Mark Alan Corbett, Member of The Corbett Team

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Featured RI Condos will have 360º Virtual Tour

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What's New!

We are pleased to announce that we have added a Free on-line search tool

Search for CURRENT properties FOR SALE on our web site. This database contains All of Rhode Island and some Massachusetts & Connecticut properties which are listed by members of the  Rhode Island Multiple Listing Service, Inc. MLS

This tool will allow you to search for  Condo, as well as Single Family, Multi-Family, Land and Commercial properties.

RI Living's property database is automatically updated once a day (7 days a week) at 4 am EST.

To use this tool just fill out the on-line form and you will be given access to this FREE MEMBERS ONLY section, which will include helpful buying information!

CLICK HERE IF FIRST TIME SEARCHER 

Featured Articles

The Pros and Cons of Condos

Condominiums and townhouses offer an affordable option to single-family homes in most areas. But consider these facts before you buy.

Storage. Some condos have storage lockers, but usually there are no attics or basements to hold extra belongs.

Outdoor space. Yards and outdoor areas are usually smaller in condos, so if you like to garden or entertain outdoors, this may not be a good fit. However, if you hate yard work, this may be perfect option for you.

Amenities. Many condo properties have swimming pools, fitness centers, and other facilities that would be very expensive in a single-family home.

Maintenance. Many condos have onsite maintenance personnel to care for common areas, do repairs in your unit, and let in workers when you’re not home.

Security. Many condos have keyed entries and or even doormen. Plus, you’ll be closer to other people in case of an emergency.

Reserve funds and association fees. Although fees generally help pay for amenities and provide savings for future repairs, you will have to pay the fees agreed to by the condo board, whether or not you’re interested in the amenity or not.

Resale. The ease of selling your unit is more dependent on what else is for sale in your building, since units are usually fairly similar. Single-family homes are usually more individual, so ever if there are others for sale in your area, they probably won’t be exactly like yours.

Freedom. Although you have a vote, the rules of the condo association can affect your ability to use your property. For example, some condos prohibit home-based businesses. Others prohibit pets. Read the covenants, restrictions, and bylaws of the condo carefully before you make an offer.

Proximity. You’re much closer to your neighbors in a condo or town home. Look at profile of other owners be sure you’ll be comfortable. If possible, try to meet your closest prospective neighbors.

www.REALTOR.org/realtormag

Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® .

Copyright 2003. All rights reserved.

 

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