By Andee Zeigler, August 30, 2019
My clients were relocating and had one weekend to decide to rent or buy. No pressure! I put them in touch with a few of my favorite lenders to help run their numbers. They determined what their max budget would be for a purchase and we toured the limited number of homes in their ideal location that met their size needs and budget. Then they spent a day touring rentals in similar locations and within the same monthly budget.
This was a very effective way to make the decision. It was easy for them to see that the rental market in Portland makes the path to home-ownership an uphill climb. Their monthly mortgage fee on a home they would gain equity in was pretty close to rental rates. We found a home that ticked all of their boxes, a solid home in the bustling heart of SE, plenty of space and a solid house ready for some creativity!
In one short weekend they went from preparing to be renters to having an offer accepted on their first home in Portland!
Andee Zeigler
Principal Broker | OR
She/Her
I have called Portland home for over 20 years and can’t imagine raising my babies anywhere else. I have been a REALTOR® for over a decade and still wake up every day delighted that I truly love what I do...
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- T: 503-901-6864
- andee@livingroomre.com
