Photo of Notary SealComplete, sign, notarize & file Ratable Tax Form

If you own property in Newport or Middletown, RI, you probably know that 2012 is a revaluation year.  That means Newport and Middletown's tax assessors are about to revise your valuation based on comparable sales and other market indicators.  You might agree with their opinion of value, but just in case you don't, you should file a Ratable Tax Form now.

To protect your right to appeal your new assessment, you must file a Ratable Tax Form with your town hall by Tuesday, January 30, 2012. The form provides your opinion of your property's value and insures your legal standing should you decide to appeal.  With legal standing you have the right to sue for a reduction. Without it, you can only make the…

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It’s easy to feel negative about Rhode Island's real estate market when all you hear is bad news.  "Houses are not selling," "There are no buyers," "Banks won't lend," and "The economy is too weak for the housing market to improve."  Rhode Islanders need to look past the headlines and see the big picture. The greatest buying opportunity in our lifetimes, especially for first time home buyers and investors, is right now.  Here are a few reasons it’s an absolutely awesome time to buy:

Low Rates - Mortgage rates are at historic lows.  Two decades ago a 10% mortgage was a great deal.  In 2012, rates range from 3.75% - 4.5%.  Every .5% drop n a 30 year, $300,000 mortgage, puts $90 a month, $1,080 a year, or $32,400 over the life of the loan RIGHT IN YOUR…

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