WeLoveLofts.com
Weekly Update
REMAX 1st CHOICE
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Issue # 65 |
October 13, 2010 |
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To my Loyal Loft Loving Friends and Clients,
Its been a busy week. We took offers on two properties on the East Side and are working on a lease for Unit 305 in Mile Square. We'll see which ones turn into real deals.
There was a huge fire in the building that housed Union Wadding Lofts last night. I've posted a link to the news report and a picture below.
I have a really interesting new lease opportunity in Providence. It is a huge space in Eagle Square for $2100 per month. I'll post pictures and complete details below.
I only got 11 people to take the "Why a Loft?" survey. If you are one of the many that read this article, watch my site, and have even bought a Loft with me, please take the time to take this very quick (5 question) survey. Thank you, in advance!!
It is a gift to be able to help clients find homes that they love.
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Last time I included a survey, the feedback was that it was too long. this time we've kept to 5 quick questions. Please take our "Why a Loft?" Survey by clinking on the following link:
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New Listing in Blackstone Lofts | |
We just listed Unit 408 in Blackstone Lofts. I have included some very specific info below, should anyone consider making a short sale offer on this property. This is one that will not be around for very long!! See the full listing at: Listing for Blackstone Landing Unit 408
STYLISH LOFT WITH ALL THE UPGRADES, BAMBOO FLOOR, LIGHTING, EXPOSED BRICK & WOOD BEAMS, STAINLESS APPLIANCES, RENOVATED BATH, NEEDS NOTHING, SUBJECT TO LENDER APPROVAL.
Further info regarding the short sale, as of 10/8/2010:
1. The bank has been advised that there will be a short sale.
2. First mortgage is with Aurora Loan Services, who holds the first position with a mortgage of approximately $126,911.
3. Second mortgage is with Greentree Servicing, who holds second position with a 2nd mortgage of approximately $57,000.
4. There is also an outstanding lien on the property of $5722 with Chase Bank, from an outstanding credit card debt.
5. The attorney handling the short sale is Glenn Andreoni and the Short Sale Coordinator in that office is Donna Burbank.
6. There is an assessment for a loan that was spent on major repairs. The assessment payment ($32.66) is included in the condo fee of $166.33. The assessment could be paid in full by paying $1755.88. There are 63 payments remaining.
7. Real Estate Taxes are paid by the first mortgage holder and are up to date.
8. Condo fees and assessment payments are current.
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Fire at Union Wadding Lofts |
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404 Roosevelt Ave, Unit 305 |
Here are some pictures of the new rental Listing that I have at 64 Eagle Sq in Providence.
This amazing space is for rent on the outskirts of Federal Hill. Rent is $2100.00 plus utilities. There is an upstairs 2000 SqFt, 4 bedrooms (one is a small loft), open kitchen, roof garden (1 story up), and the rent includes access to 500ft studio space on ground floor for music/gallery/events.
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404 Roosevelt Ave, Unit 305 | |
OK, so Unit 305 is still for sale. Since I want sell this beautiful Loft and move on to renovating another property, I am lowering the price to $205,000. At this price, I will still throw in the 25,000 BTU AC unit (installed), and provide a $2500 credit for appliances. Let's see if that shakes things up a bit.
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Rentals Spotlight |
763 High St Annex and Basement Lofts - $1700 per month for either
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Weekly updates |
| PROV | 1488 Westminster St | 1 | $169,900 | Active | Withdrawn | | PROV | 1488 Westminster St | 3 | $154,900 | Active | Put back up | | PAWT | 300 Front Street | 408 | $139,900 | Active | New LISTING AGENT | | BRIS | 341 Thames Street | S207 | $375,000 | Active | Withdrawn | | BRIS | 345 Thames Street | N402 | $495,000 | Pending | Sold for $425,000 | | NEWP | 426 Spring St | 202 | $749,000 | New | | | NEWP | 426 Spring St | 203 | $699,000 | New | | | NEWP | 426 Spring St | 206 | $729,000 | New | | | NPRO | 494 Woonasquatucket Ave | 401 | $119,500 | Active | Price Changed to $109,000 | | CFLS | 555 Roosevelt Ave | R01 | $389,000 | Active | Back on Market | | ESID | 555 South Main St | 309 | $259,000 | Active | Leased for $1200 per month | | WOON | 63 Blakeley St | 108 | $164,500 | Pending | Sold for $159,900 | | WOON | 685 Social Street | 103 | $139,900 | Pending | Back on Market |
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Good luck in your search. I am usually available to help you find the home that you dream about.
Sincerely,
John Risica
In RI 401-439-3634
In MA 617-755-5564 |
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