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Real estate "Love letters" Emotional appeal or legal risk?

Key to Home

Real estate “love letters,” meant to sway sellers, can raise fair housing concerns, according to the National Association of Realtors.

In a red hot buyer’s market marked by low inventory, competing offers, all cash offers, waived contingencies, and days on market typically in the single digits, it’s common for potential buyers to pull out [...]

The Fifth Element in Newport Sells for $4.5 Million

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Teri Degnan Real Estate & Consulting announced the sale of The Fifth Element, in Newport, Rhode Island, for $4.5 million.

The commercial retail property at 105-11 Broadway, is currently the location of The Fifth Element bar and grill and its outdoor dining space, The Outer Element, as well as the adjacent property, formerly the home of [...]

The Eastover Estate in Portsmouth Sells for $3.2 Million

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Teri Degnan Real Estate & Consulting announced last Tuesday the sale of 50 Eastover Road in Portsmouth, Rhode Island, for $3.2 million. 

The Eastover Estate, originally built in 1880, is a shingle-style single family home perched on 4.6 acres with panoramic water views. It features six spacious bedrooms, seven baths, and six fireplaces amid [...]

The Fifth Element Listed for $5.1 Million By Teri Degnan

The Fifth Element on Broadway

 

Teri Degnan has listed The Fifth Element, a popular bar and restaurant, and its adjacent property in Newport, Rhode Island. Not only is this commercial property located on Newport's restaurant row, but it has already been approved for construction of a 40-room luxury boutique hotel. The permits include demo, foundation, building and [...]

Teri Degnan Real Estate & Consulting Announces Narragansett's Highest Residential Sale and Largest Property Sale of 2021

695 Ocean Road
Teri Degnan Real Estate & Consulting LTD announces the sale of 695 Ocean Road in Narragansett for $1.4 million. 
 
Set on 12 private acres, this is the largest property transaction and highest residential sale in Narragansett this year according to data available from Rhode Island Statewide Multiple Listing Service. The sellers were [...]

A Sale For Good: 8-10 Willow Street

8-10 Willow Street

Teri Degnan Real Estate & Consulting Pleased to Play Pivotal Role in Sale of Historic Home to Benefit the Dr. Martin Luther King, Jr. Community Center

Sale of the ca. 1740 John Rogers House in Newport to fund new endowment at the center.

Recently sold and listed by Teri Degnan, 8-10 Willow Street was donated to the Dr. Martin Luther King, [...]

The Year Ahead

Like most people, I welcome this new year with a sense of optimism and enthusiasm, and our local real estate market gives me much reason for this sunny outlook. 
 
While many industries continue to endure or recover from the pandemic, real estate is holding strong, even more so here on Aquidneck Island. Our City by the Sea and surrounding [...]
beach with rocks

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