By Alyssa Isenstein Krueger, December 10, 2019
By Alyssa Isenstein Krueger, December 10, 2019
Molly and Nathan were referred to me at the end of 2018 from some past clients of mine. At that time, their housing situation felt unsettled in that they were living in a house they technically owned in North Portland, but it had been recently remodeled to the gills by a family member, and in the end, the remodel was too over the top for their taste or budget. It wasn’t long after they moved in to their North Portland home that they started considering their exit strategy with the goal of buying a home that really felt like their own. It took them some time to negotiate and navigate some tricky family dynamics, but by September, their North Portland was on the market. Given the terms they had negotiated to sell the house, another real estate broker in town listed their North Portland home, and as soon as they were pending on their North Portland home, they hit the go button with me. I sent them some listings in the areas they were interested in and in the price range they were comfortable with, and even though inventory is disappointingly low, a couple of homes stood out to them. I met them on a Sunday at one of those houses, but it wasn’t the right house. However, just prior to meeting me at the house we saw together that day, they had stopped in to check out an open house at a smaller bungalow in Grant Park and were smitten. After we saw the house we had set out to see, we all went back over to the Grant Park house to check it out so they could see it a second time and I could see it in person. Once inside, I could see the butterflies swirling and dancing in their eyes.
If possible, I prefer my buyers sleep on it before deciding if they want to write an offer on a house. The next morning, they woke up still enchanted and excited about the house. The 1925 picture perfect bungalow was largely untouched- with all it’s charms and quirks intact, for better or worse. Every room is pretty original with hardwood floors, old wood windows, vintage light fixtures, and with the exception of some flooring changes, even the kitchen and bathroom were straight out of 1925. Thankfully Nathan is a woodworker/contractor so has the skills and connections to turn the house into exactly what they want. The location, less than 2 blocks from Grant Park and walking distance from Beverly Cleary grade school couldn’t be better for a family with a toddler on the move. Meanwhile, the buyers on their North Portland home had finished inspections and they were in the final repair/credit negotiations. We wrote up the offer on the Grant Park home, and it took a couple of days to get Molly and Nathan’s offer accepted while we waited for the buyer’s on Molly and Nathan’s North Portland home to finish up repair negotiations. The minute those negotiations were complete, I sent over that addendum to the listing agent on the Grant Park home, and within a couple of hours the offer was accepted.
Before Molly and Nathan started looking for their new house, like most buyers about to embark on the sell then buy with a toddler in tow, they were pretty anxious about finding their next home given the low inventory. They had 30 days of occupancy after close on their North Portland house, but that never feels like enough when you don’t have a house in sight. In the end, we were able to line up the closing of the Grant Park home one day after the North Portland home sold, which gives them a month to get the new house into a condition where they feel comfortable moving in. I must say this at least 20 times a year to clients, but I strongly believe that when it comes to buying and selling homes, everything works out the way it is supposed to, and Molly and Nathan are yet another example of the chips falling into the right places at the exact right time.