By Alyssa Isenstein Krueger, April 13, 2020
Cindy and Oscar got in touch with me in what feels like a lifetime ago- mid January of 2020. They were eager to become homeowners, and after having gone through the process of trying to buy a home last year only to have it implode with a very low appraisal, they were ready for a fresh start. New agent (me), new lender (Umpqua) and a new year. They love mid-century homes and were looking for a home that wasn’t in perfect cosmetic condition. They love to garden and were looking forward to having a yard for their beloved pup Cookie. In late February we looked at a a 1960 tri-level in a picture perfect mid-century block in Mill Park. The home hit most of their marks- it was in good enough shape to move into, had hardwood floors, mid-century charm, and a beautiful yard. They also wanted a home that would work for multiple generations for parents to move into eventually and kids in the future, and with the tri-level layout, it had the perfect floor plan for being able to do so. It also needed a face-lift, something Oscar and Cindy actually wanted to do on a home. It had been on the market for almost 2 months, and while it was priced lower than what neighboring homes had recently sold for, it definitely needed some vision and felt overpriced considering how much work it needed. They decided to keep looking and found another great mid-century home in Milwaukie that they loved and decided to put an offer in on. That home had multiple offers and went for way over listing price, so they did not get that house. But all the while, the sweet tri-level in Mill Park kept calling to them. So a little over a week after they first saw it, we wrote up an offer for $25k under list price. The sellers countered back with $20k under list and my buyers accepted.
The following week everything in the world was still “normal” and we had our home inspection. The inspection turned up a few unexpected things and a lot of expected things. The house needed a new roof, a new electric panel and other assorted repairs and upgrades. Even though my buyers were under contract to purchase the home for $90k less than the house 2 doors down that went on the market and went pending in 2 days after my buyer’s offer had been accepted, we were able to negotiate a credit for a new roof and the seller replaced the panel. By the time we were at the end or our repair negotiations, the quarantine order was in place, and thankfully everything went smoothly and Cindy, Oscar and their pup Cookie were able to close on time.
Alyssa Isenstein Krueger
Broker | OR
She/Her
I am living the dream. Working as a real estate broker in my home town brings this native Portland gal joy beyond measure. Check Out My Reviews! I took the round-about-road towards this career...
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