Short Sale North Kingstown RI Home in Sales Agreement

 Short Sale North Kingstown RI Home in Sales Agreement


Short Sale North Kingstown RI HomeIt took many rehabbers to look at this short sale  North Kingstown RI home to put it into sales agreement….more than I would have

short sale north kingstown in ri real estate

RI Home for Sale – Short Sale

liked but this RI real estate home required it.  I knew early on that any buyer, unless a cash offer with deep pockets, would be obtaining a 203K loan to fix it up.

The sellers did not go into this blindly except, they say, when they bought the home a week before they got married.  Well we all know who have taken the wedded bliss path that ones mind is not truly in full absorption mode prior to a wedding!

 Short Sale North Kingstown RI Home in Sales Agreement

A 203K loan is well served for this property to fix the interior and exterior home improvements needed for this buyer.  It turns out the winning bid on this 467 Ten Rod Road, North Kingstown short sale property is a buyer who wants to reside in the home.  She wants to fix it up over time and have room for a blended family to reside there.    Well a 203K loan gives you that ability to do that.

So with the upstairs totally renovated and a new roof too, the buyer has less to do but still so much needs to be updated on a 19th century home.   Patience, time and money is the right concoction for this North Kingstown short sale agent.

For the sellers, the process begins with their lender(s) and my legal team to negotiate the short sale into a closing transaction.  It may take months but I am confident we will get it done…we always do for the short sale sellers.  Short sale North Kingstown RI home in sales agreement.


Ginny Lacey Gorman is your go to waterfront Rhode Island agent for real estate in North Kingstown RI and beyond…knowing the geographic area, schools, happenings and important tidbits of local information.  Email her at to make an appointment to find the home of your dreams too!
Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard.  When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy marketer who sells RI houses in this real estate market call Ginny at 401.529.7849.