By Kim Parmon, March 14, 2021
Aubrey and Jared have goals. They are financially savvy folks who already lived with a housemate to keep their bills low. When we started looking for their first home together, they told me they wanted to keep their housemate after they bought a place to help offset the cost of their mortgage. In a couple of years they were hoping to turn this purchase into a rental property and and start the process over again, but they wanted a home that would be comfortable to live in for now.
I love working with folks who have clear financial goals. I’m a fan of the FIRE movement myself, so I completely understand the thought process. The problem was that Aubrey and Jared had entered the Portland real estate market during the lowest inventory on record. Every house they were interested in went into multiple offers and pushed their budget beyond their comfort level. We wrote offers on a couple of properties, but nothing was working out.
And then we found it: a lovely house that fit their criteria, within budget. Not only was it within budget, but it was overpriced. Aubrey and Jared wanted to offer, but they didn’t want to overpay. The home had only been on the market for a couple of days, but we made a good case as to why their lower offer should be accepted. After some negotiating, we came to terms with the seller at 20k under the asking price. This put the home well within Aubrey and Jared’s budget!
These two financially savvy lovebirds got the keys to their new home on Friday. I’m so happy to have been a part of their journey towards both homeownership and financial independence!
Kim Parmon
Principal Broker | Earth Advantage Certified | OR
She/Her
Kim Parmon Principal Broker Lead Listing Agent Earth Advantage Certified | OR kim@livingroomre.com Oregon is the fifth state that Kim has called home in her life, and this one is sticking! After moving multiple times in her childhood, Kim fully understands how empowering homeownership and having roots is...
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