The DEM estimates that 50,000 cesspools still exist and contribute to pollution of drinking water and water in beach areas, which is why it filed legislation to inspect and replace failed cesspools that are located near key water resources. Cesspools are considered substandard systems. They don’t treat wastewater, they merely dispose of it.
In contrast, conventional INDIVIDUAL SEWAGE DISPOSAL SYSTEM, (ISDS) AKA septic systems place the wastewater well above the level of soils saturated by groundwater and they disperse over a large area, which results in substantial removal of pollutants. Although DEM has not yet written the regulations to enforce all provisions of the new law, if you are buying a property that is currently served by a cesspool – you should determine whether your property is subject to this law high risk areas include within 200 feet of a public drinking well, surface drinking water supply, or inland edge of a shoreline bordering a tidal water area.
The mandatory Disclosure form that sellers sign has been revised to inform buyers about the new cesspool law and their right to an inspection. Buyers will have 10 days to have a cesspool inspected if they wish.
Failed cesspools in high risk areas must be replaced within one year after failure with an ISDS system or linked to a sewer system where available All non-failed cesspools that are located in high-risk areas, will need upgrade to an ISDS by 2013 if in a non-sewered area or, if located on a sewer stub, must tie into a sewer within one year of the sale of any property that is in a sewered area. Some communities, such as South Kingstown, Charlestown, and Block Island have adopted local ordinances that are stricter than this legislation, so make sure to check local requirements as well.
In studio with the boss - Sally Lapides, discussing condo alternatives for first time home-buyers, and pretty much everything related to Rhode Island real estate. As we gear up for Green Week Sally interviews our guest, organizer expert and author Candita Clayton who just wrote a book titled, “Clean Your Home Healthy, Green Cleaning Made Easy“. Click the play button below to hear a cut and you can listen to the entire podcast right here!
Television personality, Krista Watterworth, was host & designer on HGTV’s hit show Save My Bath, for four seasons. She has transformed over 52 of America’s ugliest bathrooms and quickly gained celebrity for branding her unique aesthetic.
Over the past few years, Krista has appeared in countless television programming. On HGTV, she was featured in You Should Live Here, Save My Bath, Kitchens and Baths 2007, Ultimate Bathrooms, 25 Biggest Decorating Mistakes, and a new show to air in 2008 called Splurge & Save. Krista’s kitchen designs have been featured on Spice Up My Kitchen.
Krista has fast become a recurring guest on Real Estate Insight, and we were fortunate to catch up with her today. Check out the entire show on podcast right here!
George Cooper is a Senior Mortgage Advisor with Primary Home Finance in East Greenwich, Rhode Island. I asked George to lend a little insight to what effect a Declining Market tag has on mortgages. Currently all Rhode Island counties are considered Declining Markets, despite growth within many areas.
In a small state like Rhode Island, a family attitude means everything. This is what Primary Home Finance is all about. Some people say, “Don’t ever do business with friends or family.” We say…that’s what we do every day!George Cooper Click the play button to listen!
Spring is here, which means this is the time of year where we see the most listings come one the market at one time. Fall is another spurt, but there’s something about the thaw that brings people the moving idea all at once. In a market where inventory is low, this is a blessed thing. In a market where inventory is high and buyers are few, it may not have a tremendously positive effect. It doesn’t have to be a bad thing. But if you are selling a home in peak season, you just have to make certain it is priced competitively, staged well, and marketed properly. Remember, people are always buying and selling houses regardless of the economic forces at play.
Not surprisingly we saw a boost in inventory during March. On March 1, 2008 there were 5922 single family homes for sale, and on April 1, 2008 there were 6222. Normal stuff. Condo actives grew from 1776 to 1816. Average listing price went up a bit for each category. March 1, the average list price was $428,716 and by April it was $432,920. Condo list price increases were even less obvious. $336,155 in March to $336,506 in April.
A nice sign was paralleled increase in sold figures. 358 Single family homes sold in February, and 467 sold in March. Condos were up as well; 66 sold in February to 81 in March. Single family sold prices went up as well. In February, 2008, the average home sold price was $297,111 and March’s figure was $325,832. While this doesn’t constitute a turnaround in our market, it’s nice to see steps in a positive direction. While single family homes saw an increase in sold prices, condos dipped a bit. February saw an average of $266,759 and March settled in at $224,707. Again, these statistics need to be looked at over a much longer period of time to make accurate judgements.
The DEM estimates that 50,000 cesspools still exist and contribute to pollution of drinking water and water in beach areas, which is why it filed legislation to inspect and replace failed cesspools that are located near key water resources. Cesspools are considered substandard systems. They don’t treat wastewater, they merely dispose of it.
In studio with the boss - Sally Lapides, discussing condo alternatives for first time home-buyers, and pretty muc
Television personality, Krista Watterworth, was host & designer on HGTV’s hit show Save My Bath, for four seasons. She has transformed over 52 of America’s ugliest bathrooms and quickly gained celebrity for branding her unique aesthetic. 
Spring is here, which means this is the time of year where we see the most listings come one the market at one time. Fall is another spurt, but there’s something about the thaw that brings people the moving idea all at once. In a market where inventory is low, this is a blessed thing. In a market where inventory is high and buyers are few, it may not have a tremendously positive effect. It doesn’t have to be a bad thing. But if you are selling a home in peak season, you just have to make certain it is priced competitively, staged well, and marketed properly. Remember, people are always buying and selling houses regardless of the economic forces at play. 
