Episode Details
Back to EpisodesThey almost gave up: their first home in Woonsocket, RI
Description
On a Friday at ten at night, Daniela sent a text: she was not going to Saturday’s showing. They had already lost an offer and she was ready to keep renting. Her husband Erick talked her into going anyway. That was the house.
Daniela and Erick bought their first home in Woonsocket, Rhode Island. They decided to act in March and closed on July 30, 2026 — four months end to end. This episode walks the whole process, including the parts that usually get left out.
What we cover:
- Why they stopped renting: the one-bedroom apartment, a son who outgrew it, and the $2,000 a month they were about to pay for something that would never be theirs
- Why Woonsocket: a Blackstone River mill city with a lot of two- and three-family housing stock, about 15 miles from Providence, and a median sale price below the statewide figure
- The offer they lost, and the Saturday the showing nearly fell through
- The tenants: the property was occupied and the loan required at least one unit vacant at closing
- Why that condition gets analyzed before the offer is written, not after the contract is signed
- Borrowed fear: why someone else’s bad outcome is not a forecast of yours
- Daniela’s advice for anyone who has been thinking about it for months
Read the full story in English: https://alexparmenidez.realtor/blog/buying-first-home-woonsocket-ri-daniela/
Lee la historia completa en español: https://alexparmenidez.realtor/blog/comprar-primera-casa-woonsocket-ri-daniela/
Thinking about buying your first home in Rhode Island or southeastern Massachusetts? I work with first-time buyers and multi-unit buyers, in English or Spanish. Let me know what you’re thinking, happy to help.
Alexander Parmenidez
Broker Associate | REALTOR®, Coldwell Banker Realty
Licensed in RI, CT & MA
196 Waterman St, Providence, RI 02906
(401) 426-4857
Living Elevated
Thanks to Ramón Feliz at Primary Residential Mortgage, Inc. for the financing work, and to Luis Correa de los Santos for the referral.
This episode is an AI-generated conversation built from the article published on alexparmenidez.realtor. The story, the quotes and the details are real.
Equal Housing Opportunity. Every transaction is different; results depend on your situation, your credit and your financing. This is general information, not legal or financial advice.