Welcome To

Teri Degnan Real Estate & Consulting, LTD

Real Professionals. Real Advantage. Real Estate.

Search Properties in Newport County & Beyond

Blog

Best Walking & Hiking Trails In & Around Newport

Hikers on a TrailA walking trail list for Newport, RI would not be complete without the Newport Cliff Walk. The walk has become an itinerary requirement of out-of-town visitors young and old. During the annual jazz festival, the cliff walk is very alive with people looking for spectacular ocean views amongst gilded age mansions. It is a sight to behold. Fortunately, you will enjoy the Cliff Walk and many other excellent trails in your day-to-day life when you find a home in Newport. There are trails well traveled and there are a few lesser known trails where you and your family kind find a little solitude in the Ocean State. Here are some of the best walking & hiking trails in & around Newport, RI. 

Walking Trails 

Newport Cliff Walk: distance 3.5 mile 

It is estimated that over a quarter million people walk this beautiful and historic walking trail along the Atlantic Ocean. The walk begins on the western end of Easton’s Beach and runs south ending at the east end of Bailey’s Beach. About two thirds of the trail are easy to traverse. Walkers will need proper footwear when venturing toward the southern half, as areas can be rough going with boulders and other natural obstacles to traverse. Rock surfaces can be slippery and some sections pass by 70 foot drops from the ocean cliffs. Watch where you step! The trail was designated a National Recreation Trail in 1975. 

Memorial Blvd. to Forty Steps: distance 1.3 mile, 2.6 mile round-trip 

The Cliff Walk is divided into five unique sections. The Memorial Blvd. to Forty Steps section is perfect for your daily casual walk or run. When you reach the 40 steps you will be walking the same steps used by servants, locals, and tourists since the 1800s. You can celebrate Rocky Balboa style at the summit. He climbed 72 stone steps at the Philadelphia Museum of Art while training for the big fight in the 1972 film “Rocky”. You’ll have 40 stone steps to climb (but 80 steps total up and back). Please wear proper footwear, watch your step and be sensible. The steps can be very slippery. 

Fort Adams Bay Walk: distance 2.2 mile loop 

The trail running around Fort Adams is very popular with walkers, birders, and runners. Dogs can join in on the fun when properly leashed. The west side of the walk overlooks the east passage to the bay and provides exquisite views of the setting sun over Conanicut Island. Three lighthouses can be seen during your walk: Castle Hill Lighthouse, Beavertail Lighthouse, and Rose Island Lighthouse. Weather permitting, you will lose yourself in the tranquility of clear skies and saltwater air as you watch boats and yachts passing by. Admission is $10 for adults and $5 for children ages 6-17. Parking is free, and there is a courtesy dock in front of the park visitor center for pickups and drop offs by boat. 

Hiking Trails 

Ballard Park : distance 1+ miles 

There is a 13 acre nature preserve in the heart of Newport. It is on the site of a former granite quarry and was donated to the state in 1990. The five trails wandering through the park lead hikers past imposing rock ledges, over wetlands and streams on sections of boardwalks, and upwards to three scenic overlooks. Some trails are rugged and steep. There are local events at the park organized by Friends of Ballard Park including the Annual Ballard Park Pumpkin Tour and the Illuminated Garden in February. The Friends of Ballard Park was organized in 1996 “to protect, preserve and maintain Ballard Park”. 

Beavertail State Park: distance 2.3 mile loop 

The trail in Beavertail State Park in Jamestown, RI is well frequented by hikers, runners, and walkers. The trail follows the coastline and also wanders through the woods. The trail isn’t marked so you will need a good sense of direction. The trail in the wooded area can be very muddy and overgrown at different times throughout the year. But there are lots of birds, beautiful views of the ocean and a lighthouse. 

Sakonnet Greenway Trail: distance 10+ miles 

There are over 10 miles of trails on Aquidneck Island to enjoy in Portsmouth and Middletown thanks to the efforts of the Aquidneck Land Trust. There are many parking areas and trailheads to enter the trail. The trail passes through active farmland, wetlands, and forest. Dogs are permitted when properly leashed. Horses are also permitted on the trails with a few exceptions. If you plan your hike just right, you’ll finish at Newport Vineyards and Taproot Brewing Co. in Middletown and share a bottle of Gemini Red with your friends or a draft of Imperial Pumpkin Ale to celebrate a fine autumn hike. Be aware the wine will be in disguise for Halloween, the label reads Witches Brew this time of the year (but there’s no disguising pumpkin beer, what you see is what you get). 

We look forward to helping you with all of your real estate needs in Newport and surrounding areas of Rhode Island. Contact Teri Degnan Real Estate & Consulting today!

    Comments

    1. No comments. Be the first to comment.

    Best Places to View Fall Foliage in Rhode Island

    Beautiful Fall FoliageMother Nature will roll out her magnificent red carpet of leaves, and you will enjoy all the colors of the foliage season in style in Rhode Island. There are wonderful scenic roadways to explore, bridle paths to trot, rivers to paddle, and fairways to hit as you immerse yourself in the wondrous colors of autumn in luxury fit for celebrities, bakers, and candlestick makers. 

    Rocky Point State Park: What was once an amusement park is now a beautiful park overlooking Narragansett Bay. Enjoy the fall foliage as you walk along the paved path by the water or explore the wooded areas on over 120 acres of land. There are original artifacts left over from the amusement park including the support towers for the gondola ride. The majority of structures have been removed due to safety concerns (and climbing on structures is not allowed). You will uncover some unique photo opportunities by capturing the rusting metal and fading paint from amusements of yesteryear along with the vibrant colors of the autumn leaves. 

    Goddard Memorial State Park: There are 18 miles of bridle trails traversing over 490 acres of land in what was once the estate of Robert Goddard (a Civil War officer and politician). Equestrians and walkers can both enjoy the bridle trails winding through the woods and opening to views of the bay. Walkers are well advised to watch their step on the horse paths while bathing in the canopy of colorful foliage, or their shoes will certainly need a bath! The park is also home to a 9- hole public golf course. The state-run course is an inexpensive way for players to take in the beauty of fall ($15 on weekdays and $20 on weekends). 

    Acadia Management Area: This is Rhode Island’s largest recreational area. There are over 14,000 acres to explore through miles and miles of trails. Most of the area is forested. The gravel roads are maintained and marked. They are used by equestrians, mountain bikers, and hikers. The state would like to remind visitors to “act responsibly, show courtesy and share the road”. Kayakers and canoeists can paddle their way along Wood’s River while experiencing the heraldry of leaves. 

    Newport Cliff Walk: Gilded Age mansions and golden leaves are but for the eyes to behold while walking along the 3.5 mile Cliff Walk. This is free and open to the public. Your canine companions are more than welcome to join you when they are leashed and picked up after. Metered parking is available. 

    Scenic Roadways: Rhode Island has 8 designated scenic roadways. They range from 1.4 miles to 12.35 miles in length. Ministerial Road (Route 110) is one of these remarkable roads to travel in the fall. It is a highly recommended route to witness the colors of the season as it passes by the Great Swamp Wildlife Reservation, Worden Pond, and Larkin Pond along with remnants of stone walls from the farms of a bygone era. 

    The team at Teri Degnan Real Estate & Consulting looks forward to helping you find the perfect home in Newport and the surrounding areas of Rhode Island. We will make your home buying experience fun, exciting, and simple (Mother Nature will be taking care of the vibrant fall foliage and natural wonders). Contact us today!

      Comments

      1. No comments. Be the first to comment.

      Top Home Features for Buyers

      Beautiful Open Floor Plan with Outdoor SpaceSometimes you don’t know what you have until it’s gone. And sometimes you don’t know what you're missing because you don’t have it. While you don’t need to keep up with your neighbors, it is nice to know the features they have and enjoy in their homes. Some of the features may be of interest to you and your family, and others you might leave at the wayside. 

      When shopping for homes, it’s a good idea to assemble a checklist of needs vs. wants. A comprehensive list will help you avoid emotional decisions, allow for compromise, and act quickly when the perfect home hits the market. Here are some top home features for buyers that may be of interest to you as you assemble your list of needs vs. wants. 

      Open Floor Plan: The best way to make the common areas feel larger and encourage social interaction is with an open floor plan. We see many renovation projects where non-load-bearing walls are taken down to create a more open floor plan. Many modern and newly built homes are designed with an open floor plan. 

      Energy Efficient HVAC and Appliances: The average household in America spends more than $2,200 on energy bills annually. Look for homes that feature Energy Star rated dishwashers, refrigerators, washers, dryers, and HVAC systems. According to the federal government, you can save up to 20% on your utility bill with Energy Star home improvements. 

      Green Architecture: Frank Lloyd Wright is credited with pioneering green sustainable architecture which he called “organic architecture” in August of 1914. The philosophy developed further in the 1970s with the advent of rising oil prices. Green architecture considers building with respect to the conservation of energy and the reuse and safety of building materials as well as its overall impact on the environment. You will save a considerable amount of money with intelligent features of green architecture design (such as strategic placement of windows, walls, and roofs to provide shade in the summer and solar gain in the winter). 

      Outdoor Amenities: An outdoor kitchen complete with a built in grill-island, pizza oven, sinks, bar, cabinets, and kitchen appliances is a great way to cook and feed your guests for a fresh-air social gathering. A fire pit is an understated outdoor amenity, but an equally popular item to consider while assembling your list. 

      Backyard Deck: Decks and patios have long been enjoyed by homeowners. The backyard decks have gained even more popularity during the pandemic, as families have relied on them for entertaining friends and guests in the comfort of the open air. A covered backyard deck or patio is a great feature. It will provide protection from the sun and rain while you enjoy your morning coffee or evening bbq. 

      Exterior Lighting: Outdoor lighting will enhance the use of your backyard deck, patio, and outdoor kitchen. It will light the way and provide additional safety. 

      Game Room: Entertainment and game rooms are great places for your children and their friends to gather. If your children have grown and moved out on their own, it’s a great place for the pool table, weekly poker game, or your collection of vintage pinball machines. 

      Laundry Room: Buyers are attracted to homes with a dedicated room for doing laundry. Laundry rooms with freshly painted walls, shelving, a built-in ironing board, and a stackable Energy Star rated washer and dryer were highly desired by buyers in a recent survey. 

      Storage: Having plenty of storage might be the number one feature to consider. We have included it at the end to keep it fresh in your mind. An increase of non-romantic co-buyers (parents and their adult children, siblings, and friends) has driven the need for more storage in homes during the pandemic. Kitchen cabinets, walk-in pantries, built-in wall shelving, large and intelligent closet solutions, bathroom cabinets, and storage in the garage and outdoor areas are all items to keep your eye on. 

      We look forward to helping you with all of your real estate needs in Newport and surrounding areas of Rhode Island. Contact Teri Degnan Real Estate & Consulting today!

        Comments

        1. No comments. Be the first to comment.

        5 Best Waterfront Restaurants in Newport RI

        Waterfront Dining in Rhode IslandDock-to-table dining is an excellent way to spend the warmer months in Newport. You will be enjoying a meal at one of Newport’s critically-acclaimed waterfront dining establishments in the summer and every week of the year when you find your perfect home in this beautiful American seaside city. Here are some of the best waterfront restaurants in Newport, RI for your dining pleasure. 

        The Reef: This waterfront restaurant opened its doors to the delight of locals and tourists alike in 2021. They quickly received recognition from Forbes magazine as one of “3 Reasons to Visit Newport …” New England classics are offered alongside internationally inspired dishes. Brunch menu items include a Butter Poached Lobster Benedict (lobster w/spinach, mushrooms, croissant, lobster infused hollandaise, and mixed greens) and an exceptionally satisfying Breakfast Burger (Angus beef w/fried egg, bacon, avocado, brown sugar maple aioli, and cheese served on a croissant with home fries). There is a fine selection of lunch and dinner entrees. But you can always order a classic lobster roll and draft beer while you relax with a little live music and enjoy the oceanic views. 

        The Mooring Seafood Kitchen & Bar: You will be met with a hospitable reception at this Newport classic restaurant. The employee-owned establishment has been serving raw bar delicacies, steak, and seafood along with an award winning wine list (with over 600 labels) for 35 years. Indoor and outdoor seating is available. The seafood featured on the menu is from a variety of sources including Brown Family Seafood, Foley Fish, and Newport Lobster (with a focus on sustainability). Start your meal with a Bag of Doughnuts (lobster & shrimp fritters with chipotle-maple aioli) or Sweet Corn Gnocchi (roasted tomato, local corn, feta, cilantro, and guajillo chili) followed by a Maine Lobster Steamed (w/drawn butter) or Karen Elizabeth Scallops (pan seared w/summer vegetable succotash, hominy, spring onion soubise, and tomato jam). Executive Chef Jennifer Backman has included an excellent selection of upscale seafood on the menu to enjoy inside or on the mahogany planked patio overlooking Narragansett Bay. 

        The Black Pearl: The summer patio is open daily for lunch & dinner 10:00am-10:00pm at this legendary local wharf bar and formal restaurant. Generations of loyal patrons have been enjoying the relaxed atmosphere, food, and spirits since the early 1970s. Dinner menu items include a luxurious Lobster Risotto (w/cremini mushrooms, truffle, tomato, and parmesan) and a heartwarming Chicken Pot Pie (w/cremini mushrooms, peas, pearl onion, celery, and carrots baked in puffed pastry). Brunch includes a Bananas Foster French Toast (caramelized bananas, challah bread, brown sugar, cinnamon, spiced rum, and topped with whipped cream). 

        The Lobster Bar: Lobster, shells, frosty drinks, and sunsets make for a perfect evening at this waterfront restaurant in Newport. Signature dinner entrées include a Lobster Ravioli (w/spinach garlic cream and roasted tomatoes) and the Rhode Island Clam Boil (steamers, littlenecks, mussels, corn, potatoes, and chourico sausage). Traditional lobster rolls are served along with variations including a lunchtime favorite: Bonnie’s Lobster Roll (a whole 1 ¼ pound lobster shucked, chilled, and served on a brioche roll with drawn butter). 

        22 Bowen’s Wine Bar & Grille: Steak and fresh local seafood are on the menu at this classic harborside tavern. The steaks are hand selected from the best USDA Prime and aged to perfection. They are served with your choice of béarnaise, blue cheese butter, bordelaise, 22B ‘steakhouse’, hollandaise, cognac cream, horseradish cream, truffle butter, or roasted garlic chimichurri. Dinner cuts from the grille include a 90 day dry-aged 22oz sirloin, prime grass fed 16oz ribeye, and a 32oz porterhouse for two. Miyazaki A5 Wagyu cuts from Southern Japan are also offered as a 2oz ribeye, 2oz tenderloin, or 2oz sirloin. There are a lot of wonderful menu items to choose from but someone at your table will want to order a steak! 

        The team at Teri Degnan Real Estate & Consulting looks forward to helping you find the perfect home in Newport and the surrounding areas of Rhode Island. We will make your home-buying experience fun, exciting and simple so you can get out to the wharf and enjoy the culinary treasures of the land and sea without further ado. Contact us today!

          Comments

          1. No comments. Be the first to comment.

          Top Reasons to Move to the Newport Rhode Island Area

          Newport Bridge in Rhode IslandRhode Island has over 400 miles of coastline. It is aptly nicknamed the “Ocean State”. You will never be far from the perfect ocean adventure when you find your perfect home in the Newport Rhode Island area. In addition to the excellent sailing and oceanic opportunities, there are world class music festivals, educational opportunities, and wildlife habitats to appreciate in this beautiful part of the country. Here are some of the top reasons to move to the Newport Rhode Island Area. 

          Natural Beauty: There are many miles of the Atlantic Ocean coastline to explore and enjoy in Rhode Island, with many excellent beaches in Newport and neighboring towns. You can explore the natural wonders of Rhode Island by visiting the beaches, state parks, wildlife refuge, and bird sanctuary. The Norman Bird Sanctuary in Middletown has a seven mile network of trails winding through 325 acres for people of all abilities. 

          A Sailing Capital of the World: If you like sailing you will be right at home in Newport Rhode Island. The city was host to the America’s Cup for over 50 years (1930-1983). The city’s sailing history dates back to the 18th century and the U.S. Navy continues to use Newport as a training center. Learning to sail, or joining a sailing club, is a great way to meet your neighbors and become part of the community in Newport. Helms a lee! 

          Quality Education: There are some excellent educational opportunities in Rhode Island, including Brown University, the University of Rhode Island, and Providence College. New England public schools consistently rank very high in the nation, including schools in Rhode Island. Portsmouth High School recently ranked #5 in the state and #1,204 in the country (among 17,843 nationally ranked schools) by U.S. News & World Report. The school received an overall score of 93.25/100. 

          Music Festivals: Some of your favorite Jazz recordings may very well come from Newport. The Newport Jazz Festival was established in 1954 and has hosted an abundance of noteworthy performances and recordings. Jazz greats have included Miles Davis, Duke Ellington, Billie Holiday, Ella Fitzgerald, and Count Basie. Muddy Waters and Nina Simone released their 1960 Newport performances on vinyl (along with a host of other artists over the years). Music is alive and well in the city at Fort Adams State Park (home to the Newport Jazz Festival) and other venues throughout the city all year long. 

          We look forward to helping you find the perfect home in Newport and the surrounding areas of Rhode Island. We will make your home-buying experience fun, exciting and simple. Contact Teri Degnan Real Estate & Consulting today!

            Comments

            1. No comments. Be the first to comment.

            Best Beaches in the Newport Rhode Island Area 

            Happy Family On The Beach in Rhode IslandThere are a number of excellent beaches to enjoy in Newport, Rhode Island, and neighboring towns. These include public beaches and private beaches that have public swimming areas. Easton’s Beach and Sachuest Beach attract many of those looking for bigger surf for surfing, kitesurfing, boogie boarding, bodysurfing, and swimming. There are other area beaches that offer calmer waters for families with small children or those simply looking to unwind on a hot summer day in relative peace on the water. Here are some of the best beaches in the Newport, Rhode Island area to enjoy and explore. 

            Easton’s Beach: This is a Newport local favorite. It is often called First Beach. There’s plenty of sand and waves for you to enjoy a day of swimming, boogie boarding, and surfing. There is a 1950’s era carousel for the kids to enjoy. The beach is at the beginning of Cliff Walk. Everyone can stretch out their legs on the three and a half mile walk along the coast after a day on the beach. The walk will treat you to beautiful views of the Atlantic Ocean and the Gilded Age mansions. Lifeguards are on duty during the season on the beach. 

            Sachuest Beach: This beach, in neighboring Middletown, is another local favorite. It is often called Second Beach. It has a mile and a half of sandy beach for you, your friends, and your family to enjoy. Surfer’s End is at the head of the beach and is a great place for surfing, kayaking, and kitesurfing (surfing lessons and rentals are available). The beach rolls into Sachuest Point National Wildlife Refuge to the southeast. Here you can do a little bird watching and enjoy a walk through the nature trails. The refuge has the second largest population of wintering harlequin ducks on the Atlantic coast. Anglers also frequent the refuge, as it has a reputation for excellent saltwater fishing. Lifeguards are on duty 8:00am-5:00pm during the season on the beach. 

            Gooseberry Beach: If you’re looking for a quieter day on the beach, this Newport beach will fit the bill. Visitors must arrive by bike or scooter (or purchase a daily pass when arriving by car). Walk-on access is not allowed. You can enjoy a day on the public section of this private beach, amidst the mansions (it is known as “the beach among the mansions”). There are basic facilities at the public beach, the upper tier facilities are for members only. Gooseberry Beach is a family favorite, with calmer waters set back in a cove. Lifeguards are on duty 9:00am-5:00pm during the season. 

            Fort Adams State Park: There is a small 225 foot beach in this state park with a roped-off swimming area suitable for children. This Newport park is the perfect place for families and friends to enjoy a picnic and a quiet swim in the calm waters of Newport Harbor. The park also hosts a number of concerts during the summer: when the relative quiet gives way to the musical wanderings of the highly celebrated annual Jazz Festival and Folk Festival. Lifeguards are on duty 9:00am-6:00pm during the season on the beach. 

            Third Beach: This is another family favorite beach located in neighboring Middletown. The waves are relatively calm, as the beach is within a cove (much like Gooseberry Beach in Newport) but you can enjoy a little body surfing when the surf is up. Lemonade is available, thanks to Del’s Lemonade. Lifeguards are on duty 8:00am-5:00pm during the season. 

            The team at Teri Degnan Real Estate & Consulting looks forward to helping you find the perfect home in Newport or the surrounding areas of Rhode Island. We will make your home-buying experience fun, exciting and simple so you can get out to the beach and enjoy the water! Contact us today!

              Comments

              1. No comments. Be the first to comment.

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

              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 all the stops to get a seller’s attention. “Love letters,” as they’ve been colloquially dubbed, are personal letters from prospective buyers to homeowners that spell out why they are the ideal buyer for their home, and make the case for why they should be considered for reasons far beyond their monetary offer. In most circumstances, the letters are heartfelt – the prospective buyer might have a personal connection to the home or neighborhood, or perhaps they are a first-time buyer pledging to maintain the home’s architectural integrity and curb appeal.

              Key to Home

              In recent years, love letters, also called "offer letters," have evolved and become more sophisticated, with some would-be buyers including photos and videos in addition to personal details in their plea. Even when written with the best intentions, such specifics can raise fair housing concerns and even put the seller in a position where they are violating the law. Familial status, national origin, race, color, disability, sex and religion are classes protected under the federal Fair Housing Act. In Rhode Island, the law also prohibits housing discrimination on the basis of age, sexual orientation, gender identity or expression, marital status, veteran or military status, status as a victim of domestic violence and source of income. While the practice is neither banned nor illegal in Rhode Island just yet, other states are moving in that direction.

              Such letters could create a legal liability for buyers, sellers and brokers. As explained by the National Association of Realtors (NAR), potential buyers revealing characteristics and personal information “could then be used, knowingly or through unconscious bias, as an unlawful basis for a seller’s decision to accept or reject an offer.” Last year, the NAR advised their nearly 1.5 million members to discourage their clients from submitting love letters and sellers from accepting any. The NAR also advises real estate agents to not help a buyer-client draft, read or deliver the letter as they might be liable. Some MLS listings specifically say love letters will not be accepted, so be sure to read the fine print. The best way to avoid legal trouble is to neither write (buyer) nor accept (seller) love letters and for sellers to select an offer exclusively based on objective criteria: the offer itself, down payment/financing, contingencies, proposed closing date, etc.

              So, how do prospective buyers get their offer to be considered and stand out among the competition?

              • Work with a local realtor who knows the specific market and its players, and who asks the right questions. For example: what is most important to the seller? The financial offer is critical, of course, but other factors including closing date, the deposit, type of loan, and if they will accept any contingencies can play an important role.
              • Get the strongest mortgage preapproval you can secure. Using a local lender who is well known and respected is beneficial and can give the seller a sense of confidence.
              • While VA and FHA loans are great for buyers, sellers may steer away from them. The appraisal process for VA and FHA has more scrutiny and if a seller just wants to get the house sold, these offers may not rise to the top.
              • Be flexible. Many homeowners are currently taking advantage of the feeding frenzy and putting their home on the market without a backup plan. If you can be flexible with the closing date, or perhaps, can rent the home back to the homeowners while they put a plan in place, a seller might find your accommodating disposition best suited for their needs.

                Comments

                1. No comments. Be the first to comment.

                Listen Up, Newport Area College Students!

                We know – your school year is just getting started, but there’s been two major market trends here in Newport that will make it more challenging than ever to find off campus housing:

                1. Taking advantage of the red hot Newport real estate market, local homes including multi-unit homes that have traditionally been rentals are being sold with new owners turning these properties into primary or second homes. 
                2. Many local homes and multi-unit homes that were long-term/academic rentals have transitioned into AirBnB and VBRO units, fetching in just one week what would be a full month’s rent. 

                What does this mean? Considerably less inventory. Many real estate agents are saying Newport is experiencing the lowest rental inventory in recent memory. Competition for the best college rentals in Newport, especially the nicest properties in the best locations, is very high. As a result, it’s important for students to form their housing groups for the next academic year early to lock in great housing.

                At Teri Degnan Real Estate & Consulting, we have the LARGEST database of college rental listings in Newport, and a team of great realtors who are ready to help you find a terrific place to live next year.  

                Below are some tips for securing your housing for the 2022-2023 academic year, as well as a collection of listings that are still available. To browse our database, visit www.TDrents.com

                College Students

                TIPS FOR STUDENT RENTERS:

                - Start early - Properties with 4 - 5 bedrooms are typically already leased by the third week of the semester. Nobody likes to be searching for housing while trying to study for mid-terms in October!

                - Designate a coordinator - Start a group text with friends you plan to live with to efficiently share and discuss properties, and coordinate showings with each other and your realtor. Tip: create two separate group text threads, one that includes your realtor and one that does not. 

                - Use the best resource you have available to find a great property - your realtor! Looking at listings is fun but your realtor is the best resource for FINDING a great property, including properties that have not yet posted online. He or she can answer questions you, your parents, and your roommates may have throughout the leasing process.

                - Complete applications BEFORE you find a property - Completing your application NOW, instead of when you find a property, will save you a lot of hassle when the semester starts to get busy. Your realtor can email you an application to complete online so they can have it ready-to-go when your group agrees on a property to rent.

                - Talk to your parents about co-signing - College landlords require a co-signer (one per student) to guarantee that rent will be paid. Talk to your parents about this and begin gathering the following documents to attach to your application:

                1. Your co-signer's proof of income (pay stubs, or for parents who are self-employed, tax returns).
                2. Your co-signer's credit report. Entering a lease contract is essentially asking for credit. Some credit reports can affect your parent's credit rating when obtained, but your realtor can show you how to obtain a free credit report that will not affect their credit
                3. A copy of your co-signer's driver’s license or ID.

                - Be prepared to pay the first month's rent and security deposit upon signing - The first month's rent and security deposit are typically due at time of lease signing. These funds may come from your student loan refund or your family, but you should have these funds available to secure your 2022-2023 housing.

                - Be a good neighbor - If you are already living off-campus, make efforts to be the type of tenant that your landlord would recommend. Pay your rent on time, take care of the property, keep it clean and don't have large gatherings that will draw attention from neighbors.

                Finding your housing for next year can be a challenging process, but a professional realtor from Teri Degnan Real Estate & Consulting can help you every step of the way.

                Welcome back to Newport, and good luck with your studies! 

                  Comments

                  1. No comments. Be the first to comment.

                  The Fifth Element in Newport Sells for $4.5 Million

                  Teri Degnan Logo

                  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 Foley’s Garage. Also included in the sale were The Fifth Element’s inventory, equipment, trademarks, etc., and its liquor license. The property was originally listed for $5.1 million in February.

                  The buyers were represented by Lea Savas of Hawks and Company of Edge Realty RI.

                    Comments

                    1. No comments. Be the first to comment.

                    The Eastover Estate in Portsmouth Sells for $3.2 Million

                    Teri Degnan Real Estate & Consulting Logo

                    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 a sprawling floorplan, original hardwoods, distinctive period details, and a state of the art kitchen with a butler’s pantry. New features include a two-car garage with bonus studio space above, an extensive patio, and luxury pool. Manicured lawns and mature gardens offer serene privacy throughout the estate. 

                    The buyer of the home was represented by Michelle Kirby Gustave White Sotheby's International Realty.

                      Comments

                      1. No comments. Be the first to comment.

                      beach with rocks

                      Recommended Searches

                      Find Your Dream Home