Allison Field Real Estate

New listing! 🏠 Roy Carpenters Beach 🏖️ been in the same family for decades. Seasonal leased land; DM me for details.

Pawtucket rental coming up near the base of Blackstone Boulevard, close to restaurants, parks, highway, third floor, two bed, $1500, available October 15th.

Discover your next home in Narragansett! A classic residence now on the market. Message me for a private viewing. Listed by Coldwell Banker Realty - East Greenwich RI Office, represented by the Steve Miller Group.

Coldwell Banker Realty - East Greenwich RI Office

Allison Field Real Estate

101 Caswell Street, Narragansett, RI 02882 Distinctive Home in the Pier Neighborhood

Nice new listing from BHHS. Waterfront anyone?

495 Nausauket Rd, Warwick, Rhode Island 02886 This is a very rare waterfront opportunity overlooking Greenwich Bay with stunning views from Warwick Neck to East Greenwich and Goddard Park. This young Victorian cottage has been lightly used as a summer home since constructed and views like a brand-new home. Features stunning cherry floors throug...

The advice to me from a very experienced realtor, 30+ years experience, a.k.a. my mother, recommends working with somebody locally. If you have an issue, you can walk in and sit in front of your banker or mortgage broker to remedy.


I try to stay positive about the real estate biz on social media, but I just can't stay quiet today. Buyers came to me in December looking to buy a home. They'd been pre-approved with Rocket Mortgage (Quicken Loans). I've never had a good experience with them and I gave the buyers my opinion and suggested one of my preferred brokers. They said "Thanks, but Rocket was great in the past and we're already through underwriting with them."

I said, "okay that's fine, but keep in mind that Listing Agents and Sellers may not be crazy about this, and it's possible that your offer could not get accepted because of their reputation." Buyers wanted to proceed.

We put an offer on this home in February. While there weren't any competing offers (thankfully), the listing agent expressed concern about Rocket Mortgage. I explained to him "it won't be a problem because they are through underwriting!". (HA!)

Fast forward 4 weeks later, it's 3 days before closing and underwriters STILL haven't given us the "clear to close" and keep adding "conditions" for the buyers to meet. (i.e. documents to support income, track deposits, etc.). Finally in the 11th hour, Rocket wouldn't get it approved, despite the buyers jumping through every hoop that was put in front of them. We finally had to terminate, 2 hours before our loan approval deadline (so they will still get their $10K earnest money back). WHEW! 😬

Lesson 1: Please listen to your Buyer's Agent. We live and breathe this business 24/7, 365. Yes, you may have bought and sold a few homes in your life, but we've done hundreds of transactions over many many years. (16 years here)

Lesson 2: Just because you're "pre-approved" and even "fully underwritten" does NOT mean it's a slam dunk. 💩 S #$% 💩 happens. Underwriters find stuff. Be prepared.

Lesson 3: Do NOT use an "online" lender. Their LOs and underwriters do not care about you. Quantity vs quality.

Lesson 4: Think you can buy a home by yourself without an agent? Think again. This is a perfect example of why you need someone working for YOU. Think the Seller's Agent would be working with your lender to stay on top of critical deadlines? NO. They represent the Seller. NOT the Buyer.

XOXO
-Sally

Latest Listing~ Pine Glen Condominium! 1302 SQFT Lots of nooks for reading and relaxing. Updated kitchen and baths! https://www.cbhometour.com/115-Pine-Glen-Drive-East-Greenwich-RI-02818/index.html

Rental available in Pawtucket $1950 2 Bed 1.5 Bath Townhouse Close to Blackstone Blvd. Available Immediately 2 dedicated parking spots.

46 Newton Street https://www.trulia.com/home/address-not-disclosed-pawtucket-ri-02860-66090965

Lovely property located in Tiverton. Featured in Boston.com. Currently on the market!

In Rhode Island, a modern marshland castle for $5m The Rhode Island mansion, built in 2023, hugs the landscape, which look nothing short of a Monet.

Latest RIAR-MLS Statistics from November 2023 and Current Single-Family Stats

We are still in a Sellers Market based on current inventory available.

Thinking of Buying or Selling? What do you need to do to prepare? Know the market! Prepare your house to sell.

Here are the latest statistics.

Single Family in the State of RI

As of today:
715 Active Single Family
169 Active Under Contract
21 Coming Soon
564 in Pending
3700 Sold 0-180 days

26% of buyers had all-cash sales, unchanged from last month and up slightly from 24% in July 2022. Homes listed received an average of 3.0 offers, down from 3.5 last month and up from 2.8 offers in July 2022. http://spr.ly/6189PWgZx

Ready for the spring market??? Well I am! Enjoy my latest newsletter.

Little Rhody Realtor Newsletter! April 2023 Little Rhody Realtor Newsletter! April 2023

Rhode Island Housing still has money available for first time homebuyers!

It’s a tight market but it’s there are properties out there and they are selling so that means people are out there buying.

Message me if you need a few financing contacts.

Allison Field Real Estate

NEED $17,500 towards your next home or condo purchase?
NEW DPA Grant! For first time homebuyers! Approved Participating Lenders are able to process this fully forgivable grant! It must be used with a downpayment and or closing costs. Must be used in full and buyer must clear any other related requirements.

Everyone must take the homebuyer education class hosted by RIHousing. If you are thinking of buying this year get signed up now! Next opening available is in March.

Message me for more details!~

Well that’s kind of fun~! Get your mattresses ready. 😂

Interested in EG~ Beautiful spot in “The Woods”.

GoLocalProv | Sports | NEW: Cooley Puts $2M East Greenwich Home on the Market—Signed Disclosure Form on March 3 Ed Cooley and his wife have placed their East Greenwich home on the market for just under $2 million in the past 24 hours.

Latest Newsletter~! Some interesting information!!! Take a look.

New addition are local area market reports! If your town is not included let me know and I will get that to you!!

Monthly Newsletter; Your Little Rhody Realtor! Allison Field Monthly Newsletter; Your Little Rhody Realtor! Allison Field

YEAR END RI REAL ESTATE STATS 2022

Thinking of selling in 2023, let's make a plan!

4th Quarter Stats

NEED $17,500 towards your next home or condo purchase?
NEW DPA Grant! For first time homebuyers! Approved Participating Lenders are able to process this fully forgivable grant! It must be used with a downpayment and or closing costs. Must be used in full and buyer must clear any other related requirements.

Everyone must take the homebuyer education class hosted by RIHousing. If you are thinking of buying this year get signed up now! Next opening available is in March.

Message me for more details!~