Meowdy! Congratulations to Woodstock Portland’s newest neighbors!

Story time about this dynamic duo Jason and Tamara! They began their home search with me in early 2021. They pulled out on a potential purchase that just wasn’t quite right for them that year. They took a break from the home search (this happens on occasion and for good reason). We stayed in touch over the next few years and I was thrilled when they came back around the end of 2023 to update their home search and peek at what the current market had to offer!

We got an offer accepted on a condo that turned out to need more repairs than the HOA had budgeted for, so they terminated. Thank goodness for the many contingencies during the home purchasing process that protected my clients to uncover all they needed to make the educated decision to move on from that one. Although it was a huge disappointment for them, they did not get discouraged or give up on their dreams of home ownership. They jumped right back on the saddle and asked to tour new homes! I was so proud of their trust in my guidance and faith in themselves to get to the finish line.

They found a gorgeous new construction home that offered what is called an SDC exemption (System Development Charge). This is a program that assists developers by reducing their development costs when building affordable residential housing. T & J diligently worked on getting that application in after our offer was accepted, and they were approved for $30k off the sales price AND over $9k in closing costs covered by the seller!

They are now MOTHER F*CKING HOME OWNERS!

Special shoutout to our trusted lender Cat Jerger with Guild Mortgage for her excellent service!

Way to go my friends! It’s been a true pleasure. Wishing you many beloved memories of game nights, play time with your fur baby Ophy and new neighborly friendships in your new home.

Shakira’s new digs in NE Portland!

Our journey began when we first met at one of my open houses where I got the pleasure of meeting Natalie and her pup Shakira! We hit it off and I knew I wanted to become her trusted real estate professional and answer more of her home buying questions.

We kept in touch and she introduced me to her husband Steve when they attended one of my “First Time Home Buyer” classes, co-hosted with Cat Jerger at Guild Mortgage. We gave them education and confidence to take the next steps and applied for a mortgage loan.

Soon after they were pre-approved, we had our one-on-one buyer consult over zoom, set them up on a personalized home search and hit the pavement on a very enjoyable home search!

We even had some time to bring in a few of my trusted contractors to give them remodeling tips and bids to assist them in their decision making.

They found an amazing home to put an offer in on and we got it for $10k under the listing price AND got the seller to agree to pay the full $24k HOA special assessment that was due! The cherry on top is when their appraisal came back above their purchase price!

When I tell you that I continuously hit the jackpot when it comes to having the best clients that turn into friends, they are a prime example!

I have even had the joy of receiving remodeling updates from them since their closing day. I can’t wait for the invite when they are ready to showcase their hard work.

Steve and Natalie, I know you will turn the house into a home with the love you have for one another, the love you are putting into your new pad and the love you give to others.

Thank you for trusting me on your successful path to homeownership!

Also a special shout out to Jessie Hammons at WFG National Title for all her hard work!

Portland’s Real Estate Tapestry: Quirky, Green, and Welcoming

Welcome to Portland, where the real estate market is as eclectic as the city itself. In 2024, navigating Portland’s housing scene feels like embarking on a treasure hunt through a maze of coffee shops, food trucks, and indie bookstores. Buckle up – we’re diving deep into the weird and wonderful world of Portland real estate!

Neighborhood Chronicles: Where the Streets Have a Story to Tell

Let’s start our journey in Southeast Portland, where each neighborhood has its own distinct personality. From the bohemian charm of Belmont to the artisanal vibes of Division, every street corner whispers tales of local lore and community spirit. Imagine strolling down Hawthorne Boulevard, where vintage shops rub elbows with craft breweries, and front porches are adorned with succulent gardens that rival the botanical gardens downtown.

Hipster Havens and Hidden Gems

Portland’s real estate scene isn’t just about homes; it’s about lifestyle choices. Want to live in a converted warehouse-turned-loft in the Pearl District? Or perhaps you’re drawn to the tiny house movement flourishing in Kenton? Every corner of Portland offers something unique, whether you’re craving a cozy bungalow in Laurelhurst or a sleek condo overlooking the Willamette River.

The Art of the Deal: Portland Style

In Portland, navigating real estate deals can feel like balancing on a unicycle at a street fair. Bidding wars are still a reality, especially for those charming, well-marketed homes that everyone loves. While some properties linger on the market, politely waiting for a price drop might mean missing out. The key? Partner with a savvy agent who can spot the hidden gems and negotiate before a new price tag sparks a frenzy. It’s not just about making an offer; it’s about crafting a strategy, staying ahead of the curve, and sometimes, acting faster than you can say “locally roasted coffee.”

Sustainability Meets Style

Speaking of sustainability, Portlanders take green living seriously. Homes with solar panels, rainwater collection systems, and edible gardens aren’t just trendy; they’re a testament to Portland’s commitment to eco-friendly living. Want to reduce your carbon footprint? There’s a passive house for that. Prefer to grow your own kale? Welcome to the urban farm movement.

The Portland Promise: Where Community Comes Home

Beyond the quirky cafes and food carts, Portland’s real estate market is a reflection of its vibrant community spirit. Neighborhood associations thrive, fostering a sense of belonging that goes beyond property lines. Whether you’re attending a block party in Sellwood or joining a community garden in Woodstock, buying a home in Portland isn’t just about four walls; it’s about becoming part of a larger narrative.

Finding Your Place in Portland’s Patchwork

As we wrap up our tour of Portland’s real estate scene in 2024, one thing is clear: this city isn’t just a place to live; it’s a place to belong. Whether you’re drawn to its quirky charm, its commitment to sustainability, or its thriving community spirit, Portland offers a home for every dreamer and doer. So, grab your bike, sip on some locally brewed kombucha, and let’s explore what makes Portland the city where weird meets wonderful – and where every house tells a story.

When Should You Bounce on a Pending Home Purchase?

Buying a home is one of the most significant decisions you’ll ever make, and the stakes are high. In today’s market, competition for desirable homes can be intense- and once your offer is accepted, it’s easy to become emotionally attached to the idea of a new life in your new home. However, sometimes, despite the excitement and effort put into a winning offer, walking away from a pending purchase is the best decision. Here are key scenarios where it might make sense to reconsider your decision.

1. Unresolvable Issues in the Home Inspection

A thorough home inspection is a critical step in the home buying process. If your inspection uncovers significant issues such as structural damage, outdated electrical systems, plumbing problems, or mold infestation, these can lead to substantial repair costs and potential safety concerns. While most issues can be resolved (either through seller repairs or concessions from the seller that make repairs possible after closing), major problems may not be worth the risk or expense. Key questions to consider are, “is the seller willing to negotiate?” and “are these issues ones I can address over time?” Your realtor will be your best guide on sussing out what’s possible- and, making sure that you are able to protect your earnest money if you decide to walk.

2. Appraisal Comes in Lower Than the Purchase Price

In Portland’s competitive market, bidding wars can drive prices up. However, if the home appraises for less than the agreed-upon purchase price, your lender may not approve the full loan amount. This means you’ll need to come up with the difference out-of-pocket, which may not be feasible. If the seller is unwilling to lower the price- or, you’re unable to bring extra cash to the table to bridge the gap- it might be wise to walk away. If you suspect a home you’re writing an offer on won’t appraise at value, work with your realtor on crafting an offer that offers protection against appraisal gaps. While most homes out there appraise “at value,” a low appraisal doesn’t always mean you need to walk. Your realtor can often gather additional information to help you appeal an appraisal and hold things together.

3. Title Issues

A clear title is essential for a smooth home purchase. If the title search reveals unresolved liens, disputes, or legal issues, these could become your responsibility after the purchase. Title insurance can provide some protection, but unresolved title issues can be a deal-breaker. Your realtor can help you determine whether a title issue is resolvable, or whether it makes more sense to bounce.

4. Financing Falls Through

Even with pre-approval, changes in your financial situation or the lender’s policies can cause your mortgage to fall through. Losing your job, acquiring new debt, or significant changes in interest rates can impact your loan approval. Without secure financing, proceeding with the purchase isn’t possible without an alternative plan. Be sure to keep your realtor (and your lender) abreast of any potential changes- that way, there’s time to try and pivot.

5. Neighborhood Concerns

After making an offer, you might discover issues with the neighborhood that weren’t apparent initially. This could include plans for undesirable developments or zoning changes that change livability or future property values. If the community doesn’t meet your expectations for safety, amenities, or future growth, reconsidering the purchase is prudent. Working with a realtor who is well-versed in the neighborhoods you’re shopping in is a great way to avoid problems from the start.

6. HOA Restrictions

If the home is part of a Homeowners Association (HOA), it’s crucial to review their rules and regulations. Excessive restrictions, high fees, or poorly managed HOAs can lead to ongoing frustrations and financial burdens. If the HOA terms don’t align with your lifestyle or budget, it’s a valid reason to walk away. Your realtor may suggest that you consult with an attorney as you are reviewing HOA documents.

7. Seller’s Non-Disclosure

If you discover that the seller has intentionally withheld important information about the property, such as past damage, renovations without permits, or neighborhood disputes, this breach of trust is a significant red flag. Full disclosure is essential for making an informed decision, and lack of it can justify backing out of the deal. It’s important to note that most sellers don’t know *everything* about the property they’re selling- so consult with your realtor if you have concerns about what’s been disclosed. Sometimes, it’s just an ordinary oversight on the part of a seller- and can be remedied with simple clarification paperwork. Other times, it’s more serious. Your realtor can help you sort the difference.

8. Personal Circumstances Change

Life is unpredictable. Job relocations, changes in family dynamics, or health issues can arise, making the purchase impractical. Personal well-being and stability should always come first, and sometimes that means delaying a home purchase. If you’re thinking of making a home purchase- let your realtor know of any potential life events that are on your radar. They can help you make informed decisions about how best to pivot, if pivoting is needed.

The Takeaway

Walking away from a pending home purchase isn’t a decision to be taken lightly. Sometimes, there are big financial consequences to bailing- including losing your earnest money or legal action from the seller for breach of contract. But sometimes- walking is the best course of action to protect your financial and personal well-being. Your realtor can help you evaluate options and guide you though the proper way to exit a transaction.

Buying a home is a big deal. Your realtor can help you conduct thorough due diligence, seek additional professional advice, and make decisions that protect your interests. The right home, free of significant issues and in a suitable neighborhood, will eventually come along. Remember, it’s better to wait for the right opportunity than to regret a rushed decision.

Have questions about the home buying process? Thinking of making a move? Reach out! I’d love to help you find your next Living Room.

Vintage Garage Vision: EV Charging!

Classic 1940 Garage

I have a confession to make: I owned an older Portland home for many years before I felt confident to park in the garage.  The small detached garage, facing a narrow alley, seemed like it might be tricky to maneuver a car inside.   Years went by, and I used the garage mainly for storing outdoor furniture and garden supplies. It was only when I purchased an electric vehicle that getting the car inside became important to me. Why? EV Charging of course!

My second challenge: the garage had no electricity, and was 30 feet from the house.

For a moment I was unsure of how to begin.  However! Having navigated dozens of inspection/repair contingencies, pre-listing home preparations, and unexpected challenges, I knew that the goal of charging my car at home was likely easily achievable.

The Preparation

First, I called an electrician. (If you ever need a referral for a contractor, painter, plumber, roofer, electrician, window person, etc- ask your realtor! We will have suggestions for you.)  My licensed and bonded electrician gave me a bid, and explained how the project would work, and to get started, asked me if I knew someone who could dig a trench: of course I did!

Whenever a project requires digging,  call before you dig!  The utility companies will come out and mark any utility lines on your property.  This is a critical step, to prevent digging into a gas, electric, sewer, or water line. Call 811, or 1-800-332-2344 a minimum of two days before starting any digging project.  In my case, this are area was free of utility lines.

The Trench

To dig the trench, I hired a trusted landscaper and his team. Although I considered doing it myself, or renting a trench digging machine, letting professionals do it proved to be fast, reasonable, and efficient.  It took just a few hours for a few people to dig through the rocky soil by hand, with picks and shovels.

Finally, the Electricity

Once the trench was in place, the electrician returned to install a conduit and the electrical lines.  He installed a subpanel in the garage, along with a light (let there be light, for the first time, in my garage: it’s fun to appreciate small things!) and a couple of outlets, including one 240 volt outlet placed to accommodate an EV Charger.   I mounted a new EV charger on the wall of the garage, plugged it in, and was all set!   It felt like a transformation to be able to not only turn on a light, but also charge my car in the garage.

*in case you notice that the roof of the garage looks rough in the photos, that was the next project!

 

Step-by-Step Guide to Making an Offer on a House in Portland, Oregon

Want to buy a house in Portland, Oregon? Here is your step-by-step guide to making an offer on a house! 

In home buying as in everything else, knowledge is power. The following list of steps is intended as a step-by-step guide to what YOU can do to best prepare yourself for making an offer on a house and making one of the most important purchases for your family and your life.

  1. These first two steps are fun, and you can start doing them and continue as you’re answering the harder questions which follow:
    1. Start perusing online real estate listings as soon as you can, but with the idea that you are not necessarily looking for the house you want to buy, but rather just educating yourself about what’s out there. Look at lots and lots of houses and decide what excites you and what doesn’t. Do you like older houses? New construction? One or two (or more) floors? A finished basement? How important is a yard to you, and what do you want to do in the yard? How many bedrooms and bathrooms? You can also go to open houses. 
    2. Also, start frequenting the neighborhoods you’re interested in. If you want to buy a house in the neighborhood where you already live, you’ll do this naturally, but if, for example, you live on the west side of Portland and are interested in moving to the east, start walking around the eastside and getting to know the various districts, so you can get a feeling for where you might like to put down roots.
  2. Identify the reason you want to buy a house. Is it because you want a place to live and raise a family over the long term? Is it because you want an investment? Do some soul searching, figure out your true objectives in buying a house and let that objective guide you in all the next steps. For example, if you’re looking for a place to raise a family, whether or not a particular house will rapidly appreciate in value (or even appreciate at all) may not be as much of a concern as if you are looking for a house as an investment. 
  3. Identify whether you have any time pressures. Is your lease ending soon? Do you have a good opportunity to sell your current house? What are the current mortgage rates, and how might that affect your ability to get into the house you want? For most people, buying a house is one of the most significant investments of their lives. You should look at tons of houses, all kinds of houses, and really figure out what kind of house you like, so you can make the best of this very important decision.
  4. Identify whether this is the right time to buy a house for you. Answering this question really depends on your particular situation. In a market where interest rates are high, buyers who need to rely on financing for most of their purchase price may want to take a hard look at whether it is really the best time for them. At the same time, since so many people will be thinking the same thing, there may be less competition in a high-rate environment, so it may be easier to compete for the home you really want. And in a high-rate environment, cash buyers sometimes have great opportunities, for the same reason.
  5. Identify whether you need a house that’s in perfect condition and needs no improvements, or whether you have appetite for somewhat of a fixer. If you’re handy, being open to a house that needs some work may open up some possibilities that you might otherwise not have.
  6. Now make a list of wants and needs. Figure out what items are negotiable, and which are not. These may change over time, but it’s helpful to write this stuff down to organize your search. Be sure to share this list with your buyer’s agent!
  7. Now it’s time to talk to a mortgage broker. While some people like to stick with the banking relationship they may have developed over a long period of time and get a mortgage directly from their bank, I generally recommend that people at least talk to a mortgage broker. Banks have the mortgage products they have, and bank employees don’t have much choice but to offer you those products, whatever they may be. In contrast, because mortgage brokers get paid by connecting people with lenders, mortgage brokers have a huge incentive to ferret out the best deals, and the best brokers will really spend some time with you to understand your particular financial situation and real estate objectives and find the best mortgage product for you.
  8. Once you have talked to a mortgage broker, you will understand how much house you can afford, and what your range of purchase prices may be. Keep in mind that the purchase price of a house is only the starting point of how much the house will cost you – there may also be:
    1. Mortgage insurance (usually applicable if you put less than 20% down);
    2. Homeowners insurance;
    3. Property tax; and
    4. Utilities (water, sewer, garbage, gas, electric, etc).
  9. Additional potential expenses: 
    1. Repairs and Maintenance. As you figure out how much house you can afford, keep in mind that you may need to budget for more than just monthly expenses. You should understand how much of a short term budget you have for both routine maintenance and necessary major repairs. What if you end up buying a house that will need a new roof in the next five years? What if the furnace breaks down? Thinking about these potential expenses, and understanding what cash you’ll have available to pay them, will help a lot when you find a house you want to make an offer on.
    2. Other. Some houses have features that are great but cost money. Be aware.
      1. Homeowners Association Fees (can be a major cost);
      2. Pool and hot tub maintenance;
      3. Fireplaces and chimney cleaning;
      4. Etc.
  10. Now it’s time to look at houses FOR YOU, but it’s also time decide whether you want to work with a real estate agent. Buyer’s agents are a dime a dozen on the internet; the trick is to pick the right one. There are many factors to consider, and I will write about this in another post, but, in a nutshell, you should first try to get referrals from friends you respect and who seem to “have it together.” If someone you trust had a great experience with an agent and got a house they love, you probably want to talk to that agent. Remember, this is one of the most significant purchases you may ever make, and you want to find someone who respects that and brings that perspective and sense of importance to helping you. That may not be the person who has spent the most money on making sure they appear first in Google searches. Then you should interview at least three or four agents before deciding. And once you pick one, remember, you’re not locked in to your buyer’s agent. If you hire someone and they’re not working out or you are losing confidence in them, you can almost always terminate the relationship and find someone else. Don’t worry about hurt feelings – we are professionals, and what we want (or should want) is for you to have confidence in the services you’re getting from us. If you don’t have that confidence, you should find someone who you click with better. This is our job, but it’s your life.
  11. Look at houses. Lots of houses! In the beginning, try to cast as wide a net as possible, and look at a ton of different houses in a ton of different neighborhoods. You may think, going into the search, that you know what you want in a house and where you want to live, but you may change your mind after seeing what’s out there. 
  12. DO NOT FALL IN LOVE WITH A HOUSE (it’s easy to do!). This process is going to be full of emotional ups and downs. If you’re in a competitive market (and Portland is very competitive), it’s likely that you will be facing competing offers for the house you decide on. You may lose that competition, and it may happen multiple times. It is so easy to look at a bunch of beautiful house pictures on real estate websites and imagine yourself so happy living in one, and then be so disappointed when it doesn’t happen. But even more importantly, see if you can put some emotional distance between you and your house search process. Now that you’ve done the work of answering questions about what kind of house you want, why you want to buy, why it’s the right time for you to buy, and how much you can afford, you should be somewhat dispassionate about evaluating houses objectively to determine whether they fit your criteria. Honestly, this is a big reason people hire professionals to represent them – the professionals represent YOUR INTERESTS. Lawyers have a saying: “a person who is their own lawyer has a fool for a client” – meaning that it’s extremely helpful to rely on a professional who can bring their expertise to bear for your benefit, without any emotional entanglement or personal interest. The same thing is true for real estate agents.
  13. When you’re looking at houses, remember to find out how much the expenses of that house truly are. What are the monthly taxes and approximate cost of  utilities? Look at the condition of the roof and the basement. Determine whether any major repairs will be due, or if you’re going to have to do some remodeling to have the house you want. A good agent should be able to help you get accurate answers to these types of questions.
  14. When you find a house that you want to buy, figure out what offer you can afford to make that will make the seller choose to accept your offer. Trusting your agent to gauge potential competition, tell you if the home is well priced, and to communicate with the listing agent to help you assess what a strong offer would be, is crucial. Knowing you can listen to your agent’s recommendations to put your best foot forward is how you get the house. Understand that after your offer is accepted, you will have an opportunity to get a professional home inspection done of the house, and if you don’t like what it reveals, you can terminate the transaction and move on, no harm no foul. In fact there are many protections for buyers in the standard Oregon sale agreements I will write about in a future post!
  15. Before you make the offer and do a formal home inspection, there are a few things you can do to “kick the tires,” such as:
    1. Does the house have a basement? Check it out in rainy weather to see if it’s leaking. Also check out the yard to see how it’s draining.
    2. How is the water pressure in the house? How is the water pressure with all of the taps open and the toilet flushing?
    3. Are there trees near the house? I love trees! Trees are great! However! If they are deciduous trees, you could be paying someone each year to clean your gutters. The roots could damage the foundation. And if you currently live in Portland, you’ve seen the damage falling trees can cause in ice storms. Tl/dr: trees = good, but be aware.
    4. Look for squeaky floors; make sure the floors are level.
    5. Look for signs of leaks around water fixtures, sinks, toilets, tubs and showers.
    6. Check out how old and how clean the appliances are. Would you be happy using them for the foreseeable future, or will you want to buy new ones? If so, make sure you understand the cost of what you want to put in.

If you’ve done everything listed above and are satisfied that you would be comfortable assuming ownership of the house, and understand the costs involved, go ahead and make an offer! A great real estate agent can help you get through these steps, will guide you through the transaction once your offer is accepted, and will help you get to the finish line and into your new Living Room. 

Argay Terrace Mid Century Gem: SOLD!!!

Argay Terrace is a secret little pocket neighborhood with great access to HWY 205 (Airport!) & HWY 84 (The Gorge!).  If Mid Century is what you’re looking for, this is where you want to be!  This established Mid Century neighborhood boasts longtime residents and pride of ownership.

This house was an updated 4BR/3BA with a daylight basement and bonus “sub-basement”  ready for the Buyer’s vision (i.e. Craft Room? Game Room, Media Room? Storage?).  This one is SOLD but if you’d like one like it, I’m happy to help you hunt one down.  If you have a home in the area you’d like to sell, I’d be happy to help with that too.  It’s the perfect time to start prepping those fall listings. Give me a call, I’m happy to help you like I helped these Sellers.

Veronica Powell

503.936.3475

 

More Photos

Opt-out of mortgage trigger calls

SEEKING LENDING? Listen Up!

After a mortgage credit inquiry, buyers receive 50-80 calls within 24 hours, with “I’ve got a better deal for you!, call me”. It’s easy to opt out, which should stop trigger leads and pre-screened offers. This process can take a few days (up to 5 business days), so if your credit report has already been pulled, this will not block offers immediately.

You can opt out of pre-screened offers for 5 years (or permanently) on the web or by phone. On the Web: https://www.optoutprescreen.com/ which is a joint venture among the three national credit bureaus to allow consumers to control pre-screened offers. Or you can do it by phone: 1-888-5-OPT-OUT. You can also add your number to the Do Not Call List, since trigger leads are supposed to be scrubbed against the National Do Not Call list. On the Web: www.donotcall.gov or by phone: 1-888-382-1222.

I want to thank my all-time favorite mortgage broker, Tristen Hunt, for writing and providing the above information. If you’re seeking a new loan in this busy market she is the one to call.  Then, call me!

Tristen Hunt NMLS # 502222

Mortgage Broker | Vantage Mortgage Brokers

Mobile: 503-515-6142

Email: tristen@vantagemortgagegroup.com

Website: www.VantageMortgageBrokers.com

Address: 17040 Pilkington Rd. Ste 300, Lake Oswego, OR 97035

 

Celebrating Single Women Homeowners in Oregon

Did you know more single women than men own homes in Oregon? Yep! According to census data by Axios, 12.2% of homeowners in Oregon are single women compared to 9.4% of homeowners who are single men. So if these women can do it, so can you! Where to start?

Embarking on the journey to purchase a home as a single woman can be an incredibly daunting experience. Where do you begin? How much money should you spend/pay/save? Who should you work with? Where should you buy? Where should you NOT buy? Etc. etc. From financial planning to navigating the real estate market, I’m here to help you overcome these unique challenges. Here are five tips to help you get started.

1. Know Your Budget
Before diving into the house-hunting process, it’s crucial to have a clear understanding of your budget. Take the time to evaluate your financial situation, including your income, expenses, and savings. Consider consulting a financial advisor to determine how much you can comfortably afford to spend on a home, taking into account factors such as mortgage payments, property taxes, insurance, needed repairs, and cosmetic upgrades.

2. Research Your Desired Location
Educate yourself about the hyper-local real estate market to gain insights into current trends and property values. Pay attention to factors like proximity to amenities, safety, and future development plans. Drive your commute route and see if it makes you happy. Commute time can weigh heavily on overall happiness, so while you might be living close to restaurants & shops, it’s important to consider how far away you are from your place of work.

3. Establish Your Priorities
As a single woman homebuyer, it’s essential to prioritize your needs and preferences when searching for a home. Consider factors such as location, size, layout, and amenities that align with your lifestyle and goals. Create a list of “must-haves” and “nice-to-haves” to guide your search and help you focus on properties that meet your criteria. Share this list with your real estate agent.

4. Lean on Your Support Network
While purchasing a home solo can feel daunting at times, remember that you’re not alone. Lean on your support network; whether it’s family or friends, your chosen real estate partner, or lender, guidance & advice is just a phone call or text away. Building your “real estate team” will not only help provide you with a sounding board for ideas but it will further cement the ultimate decisions you make as the right ones.

5. Trust Your Instincts
Finally, trust your instincts and intuition when making decisions about purchasing a home. Pay attention to how you feel when visiting properties and envisioning yourself living there. Don’t rush into a decision out of fear or pressure; take your time to find the right home that feels like the perfect fit for you. This also applies to the people you choose to work with: find a real estate agent and lender that feel like friends and who are professionals you trust. Your gut is rarely wrong; so if you don’t like talking to these people or sharing your hopes & dreams, chances are you won’t like working with them.

Navigating the real estate market as a single woman may present its challenges, but it’s also an opportunity for growth, independence, and empowerment. By taking proactive steps to educate yourself, establish your priorities, and trust your instincts, you can approach the homebuying process with confidence and achieve your homeownership goals. Remember, you have the strength and resilience to take on this challenge, change your life, and start building wealth today.

Contact me today for a free consultation!

Portland Market Update Late-March 2024

Find out what’s happening in the Portland real estate market for Late-March 2024.

 

Hi I’m LeAnn Raschke, a licensed OR & WA broker at Living Room Realty, here to tell you what you need to know about the market for late March 2024.

The Spring Market

With the re-emergence of the sun, the first day of Spring, and the cherry blossoms afoot, it’s hard not to notice Portlanders have a bit more pep in their step! Welcome to the spring real estate season, where the chill of winter thaws, and a new cycle of opportunity begins!

For Sellers, Spring is typically the ideal time to list your home. With longer days, warmer temperatures and gardens blooming, properties tend to show better, attracting more potential buyers.

With that, over the last 2.5 months, we’ve seen new listings slowly make their way to market. There has been an average of 72 new listings per week across the entire Portland Metro Market since the beginning of 2024.

Competition Returns

So, just as the Spring brings warmer weather, it also brings competition.

Buyers have now adjusted to the 6.5 – 7% interest rates, and they are awakening from their winter hibernation.

In our office, which holds the number one market share in Portland, we’re seeing multiple offers on new listings that are priced well and move-in ready.

Many lending experts are predicting that we won’t see rates fall much further through the end of the summer.

In this ramp up to a busy season, it’s crucial for buyers to act fast and for sellers to price their homes strategically.

Connect With Your Agent

Buyers, in this market, now more than ever, it is crucial to have a knowledgeable buyers agent on your team. We will help you navigate this wild time by providing up-to-date information on new market listings, getting you to the negotiating table with strategically strong offers and guiding you gently through to closing.

If the buzz of competition isn’t for you, this is a great time to schedule a strategy session with your agent to examine your home buying goals so you’re in a better position when you are ready to take flight.

 

Make A Move

Whether you’re buying, selling, or simply dreaming about your next move, give us a call today. We’d love to help you find your next Living Room.

 

What Every First-Time Homebuyer Should Know

Homeownership has gotten more challenging over time. In fact, the average first-time homebuyer is now 36 years old. Without the proper support and guidance, a home purchase can be filled with unfamiliar terms and financial complexities. Understanding which factors are most important to prepare for can help you make informed decisions that are right for you and your unique circumstances. Let’s explore five key components that every first-time homebuyer should be familiar with: credit score, percentage down payment, earnest money, closing costs and loan-to-value (LTV) ratio.

Credit Score:

Your credit score is a numerical representation of your creditworthiness, and it plays a pivotal role in determining your mortgage eligibility and interest rates. Lenders typically use FICO scores, and a higher score often translates to lower interest rates. Your mortgage rate determines the amount of interest you’ll pay over the life of the loan. Before embarking on your homebuying journey, check your credit report for any errors and work on improving your score if needed. Aim for a score above 700 to secure favorable mortgage terms. Business Insider suggests “aiming to get your credit score in the ‘good’ range (670 to 739) would be a great start towards qualifying for a mortgage. But if you’re wanting to qualify for the lowest rates, try to get your score within the ‘very good’ range (740 to 799).”

It’s worth noting that your credit score is one of many factors that mortgage lenders/brokers consider. Along with your credit score, they also assess income, employment history and your debt-to-income ratio.

Percentage Down Payment:

The down payment is a percentage of the home’s purchase price that buyers must pay upfront. While a 20% down payment is often recommended to avoid PMI (private mortgage insurance – an additional fee you pay monthly to “insure” your mortgage), many first-time buyers find it challenging to save such a substantial amount. In fact, there are various loan programs that accept lower down payments, such as FHA loans (requiring as little as 3.5%). Ultimately, the amount you’re able to put down, along with your loan-to-value ratio, help determine your home buying budget. When determining what you can “afford” for your down payment, make sure you’re also accounting for inspection costs (~$1,000 is typical), closing costs (escrow/lender fees), pre-paids (taxes, insurance, etc) and a reasonable savings cushion in case other costs or life changes pop up. 

Earnest Money:

Earnest money is a deposit made by the buyer to show their serious intent to purchase a property. It is typically held in escrow until the transaction is finalized and counts towards your down payment total. While the amount can vary, a good rule of thumb is 1-3% of the home’s purchase price. First-time buyers should be aware of the local market and consider it a factor in making a “strong” offer. Your Realtor will help guide you, taking your unique goals and financial situation into account, as well as the current market and seller motivations. Luckily, buyers are protected at key points throughout a real estate transaction and as long as you’re within your contingency triggers/dates, your earnest money may be refunded if you end up needing to walk away (we don’t see this happen very often with our clients!). That being said, if a deal falls through outside of those key milestones, earnest money may be at risk.

Closing Costs + Pre-paids:

One factor that tends to be elusive when first-time buyers are considering how much money they can afford to put down on a home are closing costs. Closing costs encompass various fees and expenses associated with finalizing the home purchase. They typically include appraisal fees, title insurance, lender fee and escrow fees, etc. Pre-paids are the collection/proration of property taxes, interest and homeowners insurance. These costs differ depending on the time of year you are purchasing, as well the requirements of your lender/loan program.

It’s crucial for first-time buyers to factor in closing costs and pre-paids when budgeting for their home purchase. On average, these costs can range from 2-5% of the home’s purchase price.

Loan-to-Value (LTV) Ratio:

The LTV ratio is a comparison of the loan amount to the appraised value of the home. For instance, if you are putting 20% down ($50,000) on a $250,000 home, your loan amount would be $200,000, resulting in an LTV ratio of 80%. Lenders often prefer lower LTV ratios, as it signifies a lower risk for them. First-time buyers should aim for a lower LTV to secure better mortgage terms and potentially avoid private mortgage insurance (PMI). Qualifying standards vary by lender, but a loan with an LTV ratio of 80% or lower is usually considered the most ideal. Ultimately, the less “skin in the game” the lender has, the less risk or penalty if you aren’t able to pay. That’s not to say that this is a requirement of getting a loan; you can absolutely have a higher LTV and qualify for a number of loan programs. 

As a first-time homebuyer, navigating the complexities of the real estate market can be challenging. By understanding and prioritizing key factors like credit score, down payment, earnest money, closing costs and LTV ratio, you’ll be better equipped to make informed decisions that align with your financial goals. Finding a knowledgeable Realtor and Mortgage Broker/Lender to guide you through each step of the process will help alleviate stress and set you up for success for your first home purchase. 

I’d love to discuss your goals and what you’re looking for in a home. Reach me at  kelsey@livingroomre.com // 971.371.0203 // @kcb_portland

Real Estate Market Forecast for 2024

No one knows for certain what 2024 has in store in the world of real estate. But in the video above we discuss a few widely predicted trends.

Here are a few highlights:

Interest rates are already trending downwards (whoohoo).

With this we are already showing higher motivation from home buyers which will continue to increase.

Hopefully, this means we will also see higher motivation from home sellers (as sellers notice the higher demand from buyers). Leading to more homes and more options to the market.

Meaning we can predict an active Portland Oregon Real Estate Market for most of 2024. We could potentially see the market slow down in the second half of the year, if we follow trends from past election years.

Want to discuss your potential home buying or home selling needs for 2024? I would love to connect. Reach out and we can set up a time.

You can contact me below or reach me at lily@lilyrayres.com.

Just Listed! Cozy Condo in a Park-Like Setting!

10090 SW Beaverton Hillsdale Highway #20

Beaverton, Oregon, 97005



OFFERED AT $215,000

1 BED| 1 BATH | 696 SQ. FT.  

MLS# 23666243 | TAXES: $1,595

How To Buy a Home in a Hot Real Estate Market

All signs are pointing to a hot real estate market in 2024.

With lowering interest rates we are going to see a lot of buyers enter the real estate market. If you are someone who is looking to buy yourself, you will want to be prepared that you may have to compete when it comes to writing an offer on a home.

However, if you are someone who doesn’t have a ton of extra cash, know that you are not SOL. There are many strategies we can employ and tools you can utilize.

In the video above we discuss strategies you can use to have a competitive offer and ideally a winning offer to purchase a home.

Watch the video and then when you are ready, reach out and we can come up with your custom home buying strategy together.

You can contact me below or reach me at lily@lilyrayres.com.

New Year, New To Do! ~January Home Maintenance

New Year, Fresh Checklist!

Winter is in full swing, and we know home maintenance can feel daunting, but fear not! Here to
make it easy on your time and wallet, let’s dive into the tasks that need your attention:

 

Holiday Cleanup:

  • Take down those festive lights and prevent tangles by wrapping them around a hanger.
  • Self-clean the oven and wipe the interior with a vinegar-soaked cloth.
  • Dispose of your Christmas tree wisely – compost or use it for midwinter mulching.
    Pro Tip: Consider a one-time cleaning crew, costing around $200-$250.
    Ask your Realtor to recommend a reliable cleaning contact or two.

 

Protect the Pipes:

  • Prevent frozen pipes by wrapping them with heat tape, controllable with a thermostat.
  • If you’re off for a winter vacation, turn off water to outdoor spigots, shut off water valves,
    and drain existing water.
    Pro Tip: Thaw frozen pipes with a heating pad or hairdryer. In case of a burst pipe, shut off the
    main water valve and call a plumber or a water restoration company for cleanup.

 

Check for Storm Damage:

  • Post-winter storms, inspect your roof, siding, gutters, and yard for potential damage.
  • Use binoculars or invest in a drone to spot damage without climbing on the roof.
    Pro Tip: Immediate repairs are crucial. A handyman can handle minor fixes, and
    roofing experts can tackle more serious issues.

 

Remove Hidden Dirt:

  • Clean those often-neglected spots like range hoods, refrigerator coils, and HVAC vents.
  • Let your dishwasher handle metal parts, and toss dirty sponges and dishrags in for a quick clean.

 

Tighten Hardware:

  • Shine and tighten doorknobs, hinges, cabinet pulls, and nobs.
  • Level those cabinet doors for a quick facelift.
    Pro Tip: Clean metal hardware with soapy water and shine with a microfiber
    cloth dipped in vinegar or lemon juice. Brass polish works wonders on solid brass.

 

Deep Dive & Declutter:

  • Channel your inner Marie Kondo and declutter rooms, closets, and drawers.
  • Take it in small steps – tackle one room or corner each day.

 

Think Green:

  • Combat January gloom by planning for spring. Grab seed catalogs and start planning your gardens.
    Pro Tip: Opt for raised-bed or container gardens for low-maintenance greenery. Create weed-free soil with vermiculite, peat moss, and compost.

 

There you go! Your efficient guide to a well-maintained home. Happy New Year!

Peppermints and Furnace Filters

 

 

This holiday season I promised myself that despite the typical holiday chaos, I would try to take some time for myself and do something fun that I’d been putting off.  Binge watching the Great British Bake Off inspired me to finally attempt  some  Peppermint Meringues I’ve always wanted to try making. They ended up being super easy and delicious!  I’m looking forward to taking this newly acquired meringue expertise to the next level by attempting a  Boccone Dolce made of meringues, fruit and whipped cream. Yum!  If I can master this in time for a birthday party I’m hosting, it would be such a win!

If you’ve been putting off something fun (i.e. baking) or maybe even something not so fun (i.e. changing your furnace filter) getting these little projects done before the 1st of the year can lead to some good momentum as we head towards New Years Resolution time.

If you have bigger projects on your resolution list, like buying or selling a house,  I’d be happy to help you accomplish that goal by breaking that down into manageable steps.  As with any project,  baby steps (i.e. Peppermint Meringues) can be stepping stones to achieving the bigger goal (Boccone Dolce for that upcoming birthday party!).

Wishing you success on whatever is on your New Years Resolution list.  May your accomplishments bring you peace and joy in the New Year!
Veronica Powell
Veronica@LivingRoomRE.com
503.936.3475

The 12 Steps to Buying a Home

Buying a home is an exciting milestone that can represent a step towards stability, investment, and creating a space that truly feels like your own. However, navigating the intricate process of home buying can often feel like a daunting task, filled with complex procedures, paperwork, and unfamiliar terms. Knowing where to begin, and how the process is going to unfold, can feel overwhelming.

Whether you’re a first-time homebuyer, looking to upgrade or downsize your current home, or you’re ready to invest – refreshing your understanding of the steps involved can make all the difference. The same is true in working with someone you trust to guide you through the process. A Realtor’s job is to provide you with the knowledge and confidence to make informed decisions throughout each stage of the journey, and most importantly, to negotiate on your behalf to ensure you reach your goals and vision.

Below is a simplified view of the home buying process. It details what you can expect along the way to a smooth and enjoyable experience.

 

Ready to explore buying or selling a home? I’d love to hear more. You can reach me at kelsey@livingroomre.com, @kcb_portland or 971.371.0203.

 

 

How to get what you want with a tight budget and a bit of know-how!

Here are my thoughts on how to get what you want with a tight budget. Let’s get creative and be informed.

 

Look at Cosmetic Fixers:

Look past the paint and the details. Is the house filled with junk? Are the photos just bad? See everything on the market. You’ll be surprised! And, I love the hunt for a great diamond in the rough.

 

Fix your credit:

Some lenders are better than others at this. I can help you find a lender who will give you a clear idea of what you need to do to fix your credit and better qualify for a loan.

 

Talk to multiple lenders:

They are not all the same and it’s important you like the lender you work with. Look into first-time homebuyer programs, FHA or VA or Oregon Bond. I can help guide you to lenders who have the loan packages best for you. And, it’s important you feel comfortable talking with them about money and finances. This can feel very personal so you want to work with a lender who is a good fit for you.

 

Look into rate buydowns:

Because interest rates have been high this year, rate buydowns have become pretty common. Sometimes you can even negotiate this with the seller so they pay to buy down your rate. You can also buy down the rate on your own and your lender can walk you through that.

 

Always get an inspection:

This will save money in the long run. No one likes surprises in real estate so I highly recommend every single client has a home inspection done to avoid an expensive surprise after you get the keys. Home inspections cost money but they are worth it! I typically recommend these basic inspections- general home inspection, sewer scope, radon test and an underground storage tank scan.

 

Look for solid big-ticket items already in place:

This one is easy because most sellers are eager to let you know what has been updated recently. But it’s very important when we are crunching the numbers and deciding if the value is there for you.

 

Focus on location and layout:

These are two things you can’t easily change about a house so they are very important to focus on when you’re buying.

 

Be realistic about the renovation lifestyle:

This is a big one because no one wants to spend every single weekend and evening working on their home projects, no matter how much money it saves.  I have a lot of clients who begin their house hunt very certain they can easily renovate a house. Then, they learn more and realize it’s not as simple as it seems. Especially on a budget. I will help you get bids for major renovations or big updates during your inspection period. That way you can make an informed decision about what works for you. This is case by case so I’ll advise according to each buyer’s situation.

 

Research the Market:

I am here to help you understand the local real estate market conditions. Are prices trending up or down? Are there any neighborhoods where prices are more favorable? Knowledge of the market will help you make informed decisions.

 

Look for Motivated Sellers:

Sellers who are motivated to sell quickly may be more willing to negotiate on price. These motivations can include job relocations, divorces, financial difficulties, or properties that have been on the market for an extended period. A big part of my job is to build rapport with other agents to get as much information as possible and find the win-win for everyone!

 

Don’t Lowball:

It’s better to look at the data and make informed offers. Sometimes buyers purchase below the list price but throwing a very low offer price out there just to see what happens is not productive. While you want a good deal, making an unrealistically low offer can turn off sellers and waste time. I work with clients to determine a fair and competitive offer based on market comparables.

 

Be Patient:

This is a big one. The timeline a buyer thinks they need is usually the first thing out the window. Don’t rush into a purchase. Sometimes, waiting for the right opportunity can lead to a better deal. Keep an eye on the market and be prepared to act when the time is right.

 

Backup Offers:

This dovetails with being patient. If a deal falls through for another buyer, having a backup offer ready can put you in a strong position to negotiate with a motivated seller. You’d be surprised how often this happens.

 

Flexibility:

Be open to compromise on non-essential features or repairs. Being flexible can help bridge gaps in negotiations. A lot of times these non-essential repairs feel like a big deal in the moment but they don’t need to be deal breakers.

 

Reach out if you’re interested in talking more about buying or selling a home. I’m here for you! If you’re a first-time home buyer I can set up a new-buyer meeting and go over everything step by step. If you already own a home and you’re ready to sell that one and get the next one, let’s make a plan that works for you.

Bringing authenticity into real estate is my calling- I love to engage with new people and listen carefully to their needs and goals, then throw all my energy into helping to achieve them! I am known for my knowledge of the market and my ability to educate and listen carefully, although my secret superpower is that I remember every house I’ve seen (which is a lot).

Jasmine Deatherage

503-320-0039

Jasminedeatherage@gmail.com

Let us Discuss the POSITIVES of today’s Real Estate Market.

Current real estate market conditions have made home affordability tough.

But with it always being my goal to provide well-rounded information about current real estate conditions so you can make empowered decisions, let’s talk about the opportunities in today’s market.

Home prices are generally lower:

Just yesterday I got a first-time home buyer under contract on a townhome. Looking at comparable properties, back in May a home with the exact same specs in the same community sold for over 30k more.

Oh, and we also got the buyer a closing credit paid by the seller to temporarily lower his interest rate.

Speaking of which…

Seller-paid closing credits:

On the majority of transactions I have helped buyers with this year, we have been successful in negotiating a large credit paid by the seller to cover a portion of the buyer’s closing costs and or temporarily buy down the buyer’s interest rate.

Contractor response time:

Right now booking inspections and contractor appointments in a timely manner has been highly dependable. With the market being generally slower, inspectors and other contractors have way better availability than super hot markets. This week we got two sets of buyers under contract and I was able to get their inspections scheduled for the next day in both cases.

This might seem like a small benefit, but getting to know the condition of the home you are buying the next day vs waiting a week is a huge stress reliever and allows us more time for fact-finding and negotiating.

Better negotiating power:

With homes sitting on the market for longer periods of time it’s made home sellers more willing to negotiate with home buyers on things like contract terms and repair needs.

You can hold on to your contingencies: In past real estate markets when things got super competitive for home buyers they became pressured to give up certain contingencies in order to win the home.

Look the best time for you to buy a home is when you are ready.

But if you are waiting to buy until interest rates drop, just know that so are 66% of other home buyers according to a US News Survey. So it could be worth us having a conversation about the opportunities in today’s market.

Either way, I am here for you. If you would like to discuss what it would look like to buy a home this winter or in 2024 I am here for you.

What Makes the St. Johns Neighborhood Special -Part 2- Coffee Shops

Coffee shops are community!

Every time I head to a new city or even just a new part of town, I make finding a great coffee shop the first order of business because there’s no better starting point for understanding the local community, no matter where you are. When you visit the St. Johns neighborhood, you’ll notice life moves a tad bid slower and that’s a good thing. The coffee shops are alive and bustling with folks working, unwinding, socializing and connecting.

And with the University of Portland just down the street, you’ll find University students regularly taking advantage of these great study spots.

Coffee shops are special because they reflect the atmosphere of the neighborhood and St. Johns is fortunate to have many unique and vibrant coffee shops which makes choosing just one very hard! A good problem to have :)!

Here are a few of my favorites:

Great North Coffee

This café feels like the heart of St. Johns. A popular meet-up spot as well as a great place to work or unwind with a snack. They roast great coffee and have other nice choices like kombucha and teas. The room has high ceilings and plenty of seating which gives it such a lovely and classic café feel. Locally famous for their next-level breakfast sandwich made with chimichurri or romanesco, and can be made vegan. Delicious and addictive! Also, you’ll find the classic pastries, cookies and bagels you expect from a great café. Don’t miss the local art on the walls!

 

Two Stroke Coffee Co.

Two Strokes Coffee is a moto-inspired coffee shop on the main drag of St. Johns, conveniently located next to a cool motorcycle & scooter shop called Sabatino Moto. This is a really fun cafe to visit and a great place to hang out. They serve wonderful coffee, pastries and have great baristas. There are a few motorcycles in the café and some stylish merchandise as well.

 

Sparrow Bakery

Sparrow Bakery is well known for incredible baked goods. They have 2 locations (the other is in Bend Oregon) and do wholesale baking for many other cafés. We are so lucky to have them in St. Johns! Sparrow makes great coffee and fabulous baked goods- I feel like it is a full-time job trying not to eat their pastries every day :). They are perfection! Plus there’s a large food menu making it a great spot for breakfast or lunch.

 

Cathedral Coffee

This one isn’t technically in St. Johns but I just had to add it! It’s officially in the Cathedral Park neighborhood (hence the name), but it’s verrry close to downtown St. Johns. Cathedral Coffee is an eclectic cafe that is always busy but never feels crowded. A beautiful large space with big windows, natural light, tall wood bookshelves & large tables. They roast their own coffee and bake their own sweets & savories, which are fabulous!

I highly recommend the foldovers they make with veggies and cheese (some have meat). They are fantastic and always fresh! And the cinnamon rolls are incredible. Many wonderful baked goods to choose from.

They also have plenty of great outdoor seating!

 

 

What about St. Johns Real Estate?

One more note regarding this current real estate market. St. Johns has seen a steady increase in property values and demand over the past few years with the average home price this August landing at $470,000 (source RMLS). To put that in perspective, the average home price for all of Portland Metro was much higher by the end of this August at $608,300 (source RMLS). 

If you’re considering the St. Johns neighborhood, I’m here to guide you.

I know the ins and outs of this neighborhood having lived here for more than 11 years. And, if you’re interested in other neighborhoods, that works too! I help people buy and sell homes all over Portland. I am known for my knowledge of the market and my ability to educate and listen carefully. You will benefit from my coaching heart and guidance that reduces stress and creates positive outcomes. I want to see you happy and satisfied with your real estate journey.

Read my reviews and bio for a good sense of what to expect from me.

I look forward to helping to make your home purchase pleasant, painless and hopefully even a little fun!

Before you go, here’s a fun fact: Did you know that St. Johns was once its own independent city before it was annexed into the city of Portland? In 1915, St. Johns voted to become part of the city, primarily to access the city’s services and infrastructure. The annexation was officially completed in 1915, and since then, St. Johns has been a neighborhood within the larger city of Portland.

Just Sold near Peninsula Park! Yay for my first-time home buyers!

Congratulations to my clients!

As you may already know, my business is referral based and I love meeting new people. So you can imagine how happy I was when a past client recommended Jane and their partner to me. It was such a joy getting to know them on their house hunt!

Here’s a little rundown of how it went.

We started with a buyer consultation and spent an hour going over the process in general. That’s the best way to get started, going over the current market and setting expectations for everyone. That’s when I ask the most questions about what my clients are looking for and we set the pace for the house hunt.

 

We saw multiple houses every week in various neighborhoods for many weeks until we narrowed it down and found the area that felt like home. The house they chose checked a lot of boxes, it was the perfect size in a great location and it had more than one bathroom plus a garage (bonus!). We saw the house 3 times just to be sure and then successfully got the offer accepted! They did a great job of getting financially ready, approved by a reputable lender, and had all their ducks in a row in that arena. (That truly is the first step!)

 

As we went through the inspection contingency period, I really liked that Jane and her partner asked a lot of questions along the way. One thing that people don’t always lean into when buying a house is making time to dive into research and ask all of the questions, even the dumb ones (and there are no dumb ones). Carving out time for this is so helpful because it’s the meat and potatoes of the whole deal. I’m here to advise and guide you along, but there is a lot to digest and having the time for those conversations and follow-up questions will always feel good.

Here is a general overview of the inspection contingency period. I will advise you while you look over the permit history, have the sewer scoped, the home tested for radon, the property searched for underground storage tanks, plus have a whole property general inspection as well. And that’s not always all, there are more investigations sometimes. It’s a lot and it’s awesome! Because after all of that, clients have a much better understanding of the home with all of its pros and cons.

 

So in this case, some things did come up in the investigations and we negotiated a credit and a price reduction. A couple of weeks later we had fun at the signing and a few days later we wrapped it all in a bow and I gave them keys.

 

Please reach out if you’re interested in talking about buying or selling a home. I’m always here for a check-in about the current market, lender recommendations or anything I can do to help advocate for your homeownership.

 

 

Buying a House for the Dog!

It’s 2023. It’s Portland. We are buying a house for the Baaaaaby, our beloved pup! Why? Because she deserves it!

As of studies conducted this year, 66% of US households have a pet, with 77% of homeowners including a pet in their abodes. With home buying a hot national topic, studies have shown two-thirds (67%) of prospective buyers with pets say they’d buy a home specifically because of features that cater toward their pet. More and more people are prioritizing moving to create a better life and home experience for their fluffy one.

 

According to a recent Realtor.com survey:

  • Almost three-quarters (72%) of prospective buyers with pets admit that they would forgo buying their dream home if it didn’t accommodate their pets, while 62% of current homeowners with pets say they would.
  • Sixty-six percent of prospective buyers with pets have declined to live in an otherwise perfect home because it couldn’t accommodate their pets; and 44% of homeowners with pets say they would decline to live in an otherwise perfect home if it didn’t accommodate their pets.

Recently, I had the WONDERFUL joy of helping Mollie and Dave find a stunning, turn of the century Victorian in the heart of Portland’s Kerns neighborhood. AND – it fits their pup’s needs! We had such a great time dreaming of all the ways to evolve the yard to make it a dream oasis for Fiona. With native plantings, a grand front porch, and plenty of patio space, the possibilities are endless. Congratulations Mollie and Dave! Thank you for such a special experience. I can’t wait to come visit to discover all the spectacular personalizations you bring to your home!

VA Buyers Only Needed $6000 to Buy Their First Home

Congratulations to Tatiana and Madison, veterans and first-time home buyers! They were able to buy their first home with only $6000 and VA loan with a 0% down payment! Despite facing several challenges along the way, they remained positive and handled each obstacle with level heads and humor.

Making Offers

Tatiana and Madison made offers on three different homes before finding the perfect one. It can be difficult for first-time buyers or veterans with a 0% down VA loan to have their offer accepted, especially in a multiple-offer situation. Fortunately, they found a home that had just come back on the market after a previous sale fell through. It had been sitting for a few weeks and we identified it as a great opportunity with lots of potential. They acted quickly, making a great offer that was ultimately accepted.

Inspection

As their guide through the inspection process, I discovered that the home was in good shape overall.  With only two necessary repairs and a handful of average maintenance items that came up. I was able to negotiate with the seller to cover the cost of the larger repair and to provide a home warranty.

Tidewater Appraisal

When the appraisal process began, we faced some challenges due to the strict nature of VA appraisals. We received a “Tidewater” appraisal notice which means the appraiser couldn’t decide on a price. To help support the sales price we offered, I gathered a list of comparable recently sold homes and spoke to the listing agents who sold them. I presented my findings in a report to the appraiser, who ultimately agreed with our price. Although a smaller repair was required, I was prepared with a quote I already received from a trusted contractor. We were able to get the repair done the same week and paid for out of escrow.

Closing with Only $6000!

Despite a few delays and paperwork issues from the lender, Tatiana and Madison remained level-headed and patient. In the end, they were able to purchase a great house at a great price with very little money due at closing. Thanks to the 0% down VA loan and the seller’s contributions I negotiated, their out-of-pocket costs were only $6050! They offered $2000 in earnest money, paid $800 for inspections, and their final closing costs were $3250.

It was an honor to assist Tatiana and Madison in purchasing their first home. I’m so grateful for their trust in me and happy to celebrate their huge achievement!  Congratulations, Tatiana and Madison!

If you are a first-time buyer, a veteran, or someone who wants to know how they can buy a house with little upfront costs, please give me a call! I specialize in working with first-time buyers and love to teach folks that buying a house with little money down is possible. While a zero-down loan isn’t necessarily simple, there are hoops to jump through and it comes with some challenges in the short term. But, owning a home and starting to build that equity for yourself is going to help you level up in life and make a big difference long term. It’s worth exploring, and I’m happy to help walk you through it.

Hooray to these FIRST TIME HOMEBUYERS!

It has been a joy since our very first introduction that was thanks to a lovely past client 2 years ago. (Btw referrals are the biggest compliment and vital to my business so many thanks for all who recommend me🙏🏽) At the time, the housing market was a little coo-coo with those historic interest rates and an extremely competitive market. We got to know each other spending time seeing homes and then they decided to take a pause. A pause that turned out to be a blessing! As V excelled in her career with a promotion and a new little man was added to the mix, they reached back out and they were ready to make moves!

Literally and figuratively 😉

It was our first weekend checking out homes and they quickly found THE ONE! The right school district, space and location! It just felt right!

With 264 days on the market and 90k price reduction, over that span of time, we made an offer that was up against one other at the time. I was able to negotiate a 10k credit to my buyer’s towards their closing costs (this means less cash out of pocket at closing) a BRAND NEW ROOF and some other minor repairs!

When I say that I share the excitement of each and every one of my clients, I mean it! Their gratitude and trust in me as their Real Estate Professional created such a wonderful experience all around.

Thank you so very much for choosing me to go on this journey with you! Even on key day where the oldest boys ran from room to room seeing the home for the first time and leaping for joy, truly warmed my heart. Moments like those are exactly why I passionately advocate and love on my people.

Wishing you all the most beautiful of memories together as you make your new house a home!

You are an inspiration to so many other hard working individuals that the time to buy is when it’s right for YOU! Congratulations my friends 🥂🏡

First Time Homebuyers, from Handshakes to Hugs.

I had the pleasure of meeting Jon in early Autumn of 2022 at a wee condo in SW Portland while hosting an open house. It was a lovely condo: very modern, floor to ceiling windows, two levels, 700 square feet. The downside being the many pet restrictions, and a high HOA. The $360,000 price tag looked good; however it didn’t quite work for Jon. Fast forward about six months later, and they were ready to begin in earnest as first-time homebuyers. Off to a coffee date we went where I had the pleasure of meeting Kevin, talked shop, made a plan, and we began. After talking to a lender and exploring neighborhoods around the city, they were seeing just how much home they could buy.

And then…we found THE one.

With Jon and Kevin, it was discovering that by doing their research, planning ahead, and getting all of their dogs in a row, (only because they have four of them, it couldn’t be ducks, and I couldn’t resist.), they landed this gem of a house. Instead of a 700sqft condo with the teeniest patio, they closed on their first, nearly 2,000sqft two-story house in the Montavilla neighborhood, 1940’s floor to ceiling windows included! It also has an enormous and private backyard for all their doggos.

This happened it seemed in a blink of an eye. (Another reason why it’s SO, SO important to prepare). When I got the call that they were ready to go, we immediately began to plan our house tour. It was so much fun! Only one day of touring several houses before we found THE house. Newly price reduced and it was within their reach. Of course, they weren’t the only ones who loved this house, and we competed with multiple offers. That’s often how it goes with price reductions, or corrections as we say. They drum up buyers to act. And act and win we did!

Prepare, my friends, prepare! The preparation for owning your first home takes time, patience, and sometimes a strong constitution. With every client I meet, I advise them to do the research, while I help guide them along the way. Get your advocates together, whomever that may be, whether it’s your bandmate, therapist, barista, pal, family, your people! Talk about it. Get excited about it! You’re about to take the plunge into homeownership, on to the adventure of building equity. Then find your cheerleaders/master negotiators – your LENDER and your AGENT. Once all of that is in order, the house hunting begins in earnest, and life changes completely. It’s an exciting ride first-timers!

Janelle Freeman, Realtor (@janelleisrealestate) • Instagram photos and videos

 

The First Time Homebuyers 💕

THE House!

1940’s Floor to Ceiling Windows!

New Proud Ground Homeowner!

🌟 CONGRATULATIONS NEW HOMEOWNER 🌟
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I have to give a big shoutout to my friend and client Earle for achieving his long time goal of home ownership! The cherry on top is this was a Habitat of Humanity condo with Proud Ground. Proud Ground is a non profit providing homes that are permanently affordable for first-time homebuyers.
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Earle went through a lot of hurdles and extended closing with a great attitude and stayed committed to his goals.
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I am so grateful when I get the opportunity to support people through the journey. Thank you for giving me the opportunity to get the job done for you!

Sticking With it Pays Off and My Clients are SO Happy!

Congratulations to my sweet clients! 

What a dream working with these dear humans (and their cute kitty)! 

These two began their search just before the pandemic. Back when the market was vastly different and right before the pandemic and low-interest rates had their big effect on the market. I loved working with them, getting to know them and seeing homes together. We looked at a lot of homes over the years, wrote some offers and took a couple of breaks from searching while the market went nuts. Luckily these two had a strong sense of what they wanted and even though they lost out on a few homes along the way, the one they bought in the end, is definitely the BEST one with the best quality for the price! I’m so happy for them!

If you have questions about neighborhoods, the real estate market, buying or selling a house etc, let’s sit down and talk. My aim is to establish trust and serve you with warmth and attentive communication. I love to engage with new people and listen carefully to their needs and goals, then throw all my energy into helping to achieve them!

First-Time Homebuyer Tips

Howdy y’all! Queer realtor Río Palomares here with some tips on how to get into the real estate market as first-time homebuyers. First-time homebuyers make up for the majority of my clientele (fellow queer community as well, hello!). Go ahead and take a gander, will ya?

 

Hot Tips for Homebuying

 

  • Find a realtor

Working with a realtor who will dedicate their time by advocating for you is key. Not all relationships are a good match; the same applies to working with a realtor. Take your time in finding someone that will help guide you in one of the biggest steps of your life! It’s never too early to get the ball rolling; creating a housing plan with your realtor will only prepare you that much more.

  • Saving money for a down payment and other expenses

Savings? Who is she? Saving any money you can towards a down payment will help substantially in the long run. Beyond a down payment, you can expect to pay closing costs (a percentage of what you are financing) and for any inspections conducted in your housing process (such as a general home inspector). So, how can you save? This is a personal big one for me; I know how hard it is to not order takeout or delivery but try to cut down on any excess spending and you will be amazed at how much you can save in just a matter of weeks.

  • Find a lender to get pre-approved

Chat with a few lenders to shop for the best rate. While you’re doing this, it is great to ask any questions you may have in regards to the financial aspects of this journey (they are the experts after all!). If you’re looking for lender recommendations, your realtor will typically have a few local lenders to refer you to.

  • Credit score

Yeah, that one number that just won’t seem to go away is indeed a key factor in this process as well. If you suspect you have any credit score issues or need to raise your score, working with a lender sooner than later is vital. A lender can help advise you towards the right path for success.

  • Ask all the questions. Seriously.

Please, ask away! Whether it’s your realtor, lender or vendor, we would much rather you ask any questions to ensure you have a complete grasp of this process. It is your potential new home and we want you to feel good about this moving forward! Makes sense, right?

These are just some base steps to take as you gear up for getting into the homebuying journey. Homebuying is much more thorough and dialed in to your specific needs once you’re fully invested in it. If you’re feeling ready to dive in, connect with a realtor (like me!) sooner than later. Best of luck y’all, you’ve GOT this!

2022 Was a Very Good Year

 I am in the bizzyness of selling houses to good humans in Portland, OR. In 2022 I had the pleasure and privilege of selling 27 magnificent homes to the best buyers and sellers in the world, including a handful of folx who bought and sold, or sold and bought. I work by referral only, and after working as a real estate broker for 15+ years, I have the divine fortune of being able to choose to only work with good people who I adore. For those of you who have worked with me over the past 15 years, and those of you who have referred your friends, family and colleagues, I am thankful beyond belief. Goodness gracious I am one lucky duck.

2023 Is the Year!

If 2023 is the year you plan to Buy or Sell, now is the time to plan and prep.  The first step is to decide on the team of experts to get you comfortably and successfully through this process:  your Realtor and/or Lender.

 

Selling

Now is the time to talk with your agent about market prep.  The right market prep can lead to a quick sale at favorable terms, even in a market that is…on the slow side.  Inventory levels are still low and Buyers still want the house with the beautiful photos that is (or appears to be) move in ready.  A good agent can help you achieve that goal.

 

Buying

Now is the time to find the right lender.  In a market with higher interest rates, a Lender that is open to a creative approach to your financing might be the way to get you the most for your money.  A lender that has a solid financial background, as well as being a mortgage originator, is the best approach here.

 

Bottom line, it’s not too early to start planning for a Spring or Summer move.  NOW is the time to get ducks in a row to make this transition as smooth as possible.  I’m happy to help with market prep, contractor referrals and lender referrals.  Let’s chat!

 

Veronica Powell

503.936.3475

Veronica@LivingRoomRE.com

Cost comparison: the long-term financial implications of higher interest rates

Is investing in a home now financially favorable? Recently one of our favorite lenders, Steph Noble, sent around this helpful comparison:

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As always, buying longevity in your home is going to give you the most bang for your buck. When looking at the long-term trajectory of the market combined with today’s lower home prices and increased buyer opportunities, there is still a strong case to be made for purchasing now.

Selling During A Market Shift – A Good Story

It’s no wonder so many people are nervous to sell in a stabilizing market when we are being bombarded with articles titled: “The Fed is Killing The Housing Market”(CNN), “Here’s How Weird Things Are Getting In The Housing Market”(Bloomberg), and “Mortgage Application Plummets.”(NBC)  But we can assure you there are still good stories out there, and you’re about to hear one.

Veery had the opportunity to work with Leigh a few years ago to sell her home, and we were delighted to get the opportunity to work with them again!

Raymond and Leigh were ready for a change. They had just begun a new chapter in their lives together and part of this new chapter was a new home. They decided to sell their custom-built 2017 home and our team, Current Dwelling Group, had the amazing opportunity to help make this happen.

Raymond + Leigh read the same headlines and articles. We asked if this made them worried going into the preparation of selling their home.

“My main fear was that the house would be sitting throughout winter. If we had not followed the advice from Veery and Jason and did the work to make the house super sellable we might have experienced that, but being well prepared and understanding the market position made a big difference in not being subject to that negativity. And the marketing plan pulled in the right people.” – Raymond

Right away we focused on gathering the right information for Raymond and Leigh to know where their home stood on the market and what was an ideal and attainable goal.

“Jason did a great job at looking at comps to help us optimize our position in the market. That was great! Veery is great at keeping us informed and giving us a heads up on potential wrinkles and making them feel so small. ” – Leigh

We got our plan together on how to make this house shine and emphasize it’s strengths. “We knew the house needed some work, but I didn’t realize that the painting, yard work and touch ups would end up looking this great. I didn’t understand the need for a fence, but you all did and it paid off!” – Raymond

Our greatest joy in listing prep is gaining our client’s trust and then blowing them away with the results.  We have spent decades building up relationships with high quality, reliable vendors. Each and every one of them are incredibly skilled in their craft. Each of our vendors put their special touch on this house to get it ready for market. Not only did they pull it off, they made the home shine the way it should!

 

 

The home went live on October 6 and within a 3 days we had multiple serious and competitive offers. An offer was accepted 5 days after going live and a closing date set in 2 weeks time.

 

There are good sales happening right now during this market shift.

Having successfully sold their home during this shift, we asked Raymond + Leigh what advice they would give someone on their home selling journey:

  • Raymond “find someone you can trust and trust them.” 
  • Leigh “If you don’t have someone. Call Veery!” 

Here’s to you, Raymond + Leigh! Thank you for putting your trust in us and allowing us to serve you. We loved working with you both and hope this new season of life is full of peace and joy.

What it takes to make the dream come true!

Hello!

I am pleased to say, I have had the privilege of helping the most amazing clients this year and I love my time with them. One thing folks don’t always consider when they are getting started, when either buying or selling a home, is how many people it takes to make a great experience in real estate. I am here as the dedicated advisor and through the years I have met many great inspectors and contractors. 

I am happy to connect my clients with as many contractors and specialists as needed, along the way. 

For example, I love working with a steadfast, smart, and grounded home inspector like Uli Sommers with Sommers Home Inspections. And my go-to Escrow officer, Steve Skare my go-to Escrow officer at First American Title. 

Now, here is the eye candy; a few of the cute houses I’ve helped my clients buy and sell this year.

 

 

Let’s talk RESOURCES!

Let’s talk RESOURCES!

Being a self proclaimed “Resource Queen” is one of the many badges I wear with THE UTMOST honor. I firmly believe that for every problem there is a solution/resource out there. I also believe that everyone is deserving of home ownership regardless of their socioeconomic circumstances. However, as the ancient adage goes, ‘with great power comes great responsibility’.

This couldn’t have rang more true with the amazing buyers of this lovely listing. My clients being hard working, dedicated to the process and trusting me the whole way through made turning their dreams into reality a fulfilling challenge. After some failed attempts at home ownership with past realtors/programs they were able to find success with me! I knew from the very beginning that this was a responsibility bestowed upon me that I could accept with confidence. I constantly reassured my buyers that they were in fact worthy of their goal, home ownership.

Being well versed in first time home buyers programs, down payment assistance programs and negotiation techniques such as seller paid closing costs I was able to guide my client to the path of home ownership with the help of one of my INCREDIBLE preferred lenders.

Thanks for trusting me and never giving up, Deskin Family!

You all are a testament to what can happen when you have a bit of faith, a lot of patience and the right team working for you.

It was a pleasure & a privilege.

 

 

 

Interested in learning more?

Ask me about: 

-First Time Home Buyer Resources

-Nonprofits such as AAAH, PCRI, NAYA

-Lending programs such as The Chenoa Program 

-DPAL, IDA Accounts, etc.

 

https://www.instagram.com/jessica_thehomegirl/

KEEPING THE ALBERTA ARTS ARTISTIC

Keeping The Alberta Arts Artistic

Chaz wearing the most fabulous outfit accompanied by a fancy champagne bottle in front of his new house on Keys Day™️
Now this is how you show up to keys day!

I knew this home was special when I laid eyes on her; a stunning red Craftsman beauty whose walls have more stories to tell than I ever possibly could — eager and waiting to be lovingly restored. I am so glad this home landed into the illustrative and loving hands of the very talented tattoo artist, Chaz Vitale. If there is anyone with the proper eye and admiration of architectural design, it is Chaz. The amount of queer magic and love being poured into this home is absolutely immeasurable and I am beyond ecstatic to have had any part of it. We connected in more ways than one, coming from the same marginalized communities of being queer and trans people. I deeply believe this made our experience feel more bonded and emotional at that. Chaz, thank you for bringing your necessary artistic flair to the Alberta Arts District. You are needed here and I am so dang proud of you!

I can only aspire to continue to build connections with more BIPOC, queer, non-binary, trans, etc. clients in the future. Curating connections in our communities is vital to both my business and, well…my soul. My role in real estate is to advocate for all of my clients but especially those that come from similar backgrounds and share familiar life experiences. I am so grateful to have the trust of my clients in an industry that hasn’t always held our best interests; rest assured, I, Río Palomares will advocate to the best of my ability and ensure you get the representation you not only seek but deserve.

 

Follow me on Instagram!

They Geared Up for Battle, And Won Twice.

Andrew + Alice are a dream team. They contacted us over 3 years ago in regards to purchasing their next home. They wanted it to be a good investment and so they started dreaming, planning, saving, and angling themselves so that they would be in a great position when the time came to buy their home.

Initially, how could we use our position to our advantage? A fixer-upper? Most of the homes we saw were in pretty bad condition and would take a lot of energy and effort to be livable. This would end up being cost-prohibitive. So, we changed tactics. They still wanted a fixer-upper but it had to be livable. One day they sent me a home they thought could possibly work. The minute we saw it and read through the specifics we knew this house would fit them like a glove. We had to get to work. The type of competition out there could discourage some buyers, but Andrew and Alice knew we could compete. So we fought. Multiple offers were sent in on this house. Some higher than ours. But, Andrew and Alice understood the importance of strong terms and that the terms you put forth as a Buyer could be even more attractive to the Seller than a larger purchase price. Andrew and Alice were clear in their communication. Their positioning was so attractive to the Seller that they ended up getting in contract!

 

When finding a fixer-upper, inspections can be a nail-biter. Unfortunately, the inspections showed us that this house needed more repairs than we initially thought. Andrew and Alice did not quit. We geared up for our next battle and got a great team behind us. One of the best parts, with help of quick estimates from our incredible contractors, was that we were able to negotiate an amazing buyer’s credit! They won both battles and got the home they dreamed and planned for. And to you three, we raise our glasses! You fought hard, persevered, and kept the optimism of your dream alive during the process.

 

Congratulations Andrew and Alice! Opal now has a beautiful home to grow in. We are thrilled for your family! Thank you for allowing us to join you on this journey!

Does the Home Buying Lingo Intimidate You?

Does the home buying lingo intimidate you? Have no fear, Jamie is here, with a list of home buying lingo to bring you up to speed!

Let’s start with the fixed mortgage rate and adjustable rate. A fixed rate is simply a loan that has an interest rate that will remain the same for the life of the loan. An adjustable-rate can change from year to year. That’s it, pretty simple, right?
Another term you’ll hear is Escrow. Escrow is defined as the holding of funds, by a neutral third party, prior to closing. They hold the money until the deal gets done!

CONTINGENCES!

One of the most important words for negotiations in this market! Sellers are looking for buyers who can purchase the home with the least amount of obstacles. Like buyer home sales, inspections, and mortgage contingent. The easier you can make it the better chance you have to “win” the multiple offer market we’re in.

You’ve made it! It’s closing time.
With closing comes closing costs. Typically, closing costs range from 2% to 5% of the purchase price. Examples of closing costs include fees related to the underwriting of the mortgage, real estate commissions, taxes, insurance, and record keeping.
I hope just knowing these most common phrases will help to make the buying process a little less frightening!

The Power of Being Prepared

Derrick and Sarah first reached out a few months ago to learn more about the home buying process.  We connected on a mutual Facebook group after hearing that I had helped several other folks from the group get into homeownership. 

They’d already been in contact with the Portland Housing Center and scheduled their first home buying class when they began reaching out to lenders, realtors, and home inspectors in advance of beginning their home search. We completed our new buyer consultation and agreed to circle back after they had been through the Portland Housing Center’s ‘Home Buying Program’.

 It’s never too early to reach out if you’re interested in buying a home so you can learn about any obstacles that may come up prior to purchasing. Working with the Portland Housing Center and an experienced agent helped Derrick and Sarah understand what they needed to do to secure a great first home for themselves and to lay day roots in Portland. 

Once they completed their ‘Home Buyer Education Program’ and got their pre-approval squared away,  they were ready to begin shopping.  It only took a few viewings before they found a listing that they adored. Understanding the market conditions and the home buying process, Derrick and Sarah quickly swooped in on a home they loved.

The buying process went smoothly from beginning to finish. Being prepared, understanding the home buying process in advance, and having all their ducks in a row prior to looking at potential properties definitely helped make this process as smooth and easy as could be. I couldn’t be happier for these two, and I am wishing them many years of happy memories in their new home.

New Memories to Make in St. Johns

Congratulations to Kelsey and Maddie!

Kelsey and Maddie really wanted a home in the St. Johns neighborhood and found a few gems that they were super excited about. As these things go sometimes with first-time home buyers, they were in backup position twice on great homes. However, they soon found their footing in this competitive market and learned how to put in an unbeatable offer by following our advice. They stuck with it and finally got their dream St. Johns home: a fantastic one-level corner home with beautiful updates and a big backyard.

Kelsey and Maddie persevered in a tricky market and were rewarded for their efforts with a stunner of a house! Congratulations Kelsey and Maddie, we are thrilled for you! And thanks to my team member, Jasmine Deatherage for bringing these lovely buyers to our team experience.

Brooklyn Blue Bungalow

My buyer Theo wins the award for the single most expensive repair I have negotiated for a buyer. Theo was a first time buyer who was referred to me by a past client of mine who they work with. We met up on a chilly fall evening to talk about what they were looking for in a house and get the process started. Within a couple of days, Theo had their pre-approval letter in hand and we were ready to go. I sent them all of the available homes within the geographic boundaries, price range and features they were looking for. The list wasn’t very long and out of all of them, only 2 houses piqued their interest. We went to see one in NE, and that was a no-go.  The second house we saw was bright blue 1920’s bungalow in the Brooklyn neighborhood. It had been on the market for about a month and had one sale fail. The home was lovely with a gigantic newly remodeled kitchen and a large upstairs bedroom with room to add a bathroom. The basement was decent enough with lots of windows and good ceiling height- a great candidate for future finishing. Theo slept on it and the next morning let me know they wanted to write on it. We put together a great offer and boom- got it accepted.

Most of the systems had been upgraded so I wasn’t too worried about the inspection. However, during the inspection our inspector did a few pokes at the foundation walls and the foundation just crumbled into sand. In the 1920’s during the huge housing building boom there were two concrete companies operating in Portland and those two companies provided all of the concrete for  house foundations built during that time. One company had a better concrete formula and many of those foundations are still in reasonable shape. But the second company didn’t quite know how to mix concrete very well, and those foundations are showing their age as they reach the end of their useful life as seen in the crumbling foundation walls. This basement had been skim coated on the interior at some point, but in areas like behind a built in workshop and under the stairs, the tell tale signs of a rapidly deteriorating foundation were all there. For most buyers, that would have been the end of that and they would have terminated. But Theo really loved the house and location, so they took the next step and hired a structural engineer to come out to take a look so they could make a decision to either move forward with the transaction or terminate. I had a great conversation with the listing agent about the issue, and thankfully the sellers understood this wasn’t a repair they could put off if they wanted to sell the home.  Thankfully the engineer was able to come out and made the determination that the foundation really was on its last legs. She told us there were 2 ways to approach a new foundation- one way was to lift the house and pour a brand new concrete foundation. This route is prohibitively expensive- costing in the $80k-$100k range. The other option is to have an engineered wood wall built. With this method, an engineer designs a wood wall that is built in the basement up against the old concrete foundation and embedded in a new interior concrete footing and attached to the framing of the house. As long as the engineered wood walls are kept dry, which involves rubber matting between the old concrete foundation and the new wood one and making sure the drainage system around the home is effectively channeling water away from the house, the new wood foundation can last indefinitely. And because it’s wood, it has give so also provides better seismic protection than old concrete foundations. The old concrete foundation stays in place, but it no longer functions as a support for the house. And the new foundation gives the basement an almost finished look.

We wound up doing 5 inspection extensions to get the engineer to have the drawings ready before closing, and to get a firm bid from a contractor to do the work after closing. Closing was delayed by 10 days- but we did it! Due to the whole supply chain, dearth of availability of contractors, etc., the work can’t be done for a while, but that’s ok because the contractor has already been paid and stated that they will complete the repair within the next year for the stated bid amount. The cost for something like this obviously depends on the total linear feet and some other factors, but in general, this type of repair will cost in the $35,000-$60,000 including drainage, which is a whole lot of money, but about half of what it would cost to replace the foundation with concrete.

How to Get An Offer Accepted Before An Open House

Sarah and Tariq contacted me in early August after being referred to me by one of my favorite lenders. They used to live in Portland, and had moved to Los Angeles for work, and were now being transferred back to Portland. They were moving to Portland in mid-November, so they came to Portland in mid-October to find a home. Before they arrived, we had a flurry of emails back and forth narrowing down homes they wanted to see.  They seemed to really hone in on mid-centuries and when we came up with our list of homes to see over the next few days, the majority were mid-centuries.  They arrived on a Thursday evening, and we hit the ground running on Friday morning. We saw around 12 houses together over the next couple of days, and they saw even more homes on their own visiting open houses.

They did write on one home, but when that home received another offer that was higher and waived their inspection, Sarah and Tariq decided they didn’t love it enough to go that far. With 2 days left on their clock, they started leaning towards writing an offer on a house they didn’t love, but felt it met their needs and after buying it, they could fix it up to their liking. They wanted to be under contract before they flew back to LA and I think they were ok with settling for a less than perfect house for the sake of being able to leave Portland having a house under contract.

While they mulled that house over, a house came on the market in North Tabor that seemed like it could be the one. We immediately went and saw it and both Sarah and Tariq just beamed and they knew within 20 steps into the house that this was the one. It had a classic living room with fireplace, formal dining room and vintage kitchen that looked almost brand new. Two bedrooms on the main floor and one up plus a semi-finished basement. The house had a tuck under garage as well as an oversized double car garage behind the house. One of the things that was on their must have list was a garage for their motorcycles, and this house had the perfect set-up for their bikes. They loved it and decided on the spot they would take the home as-is and waive the inspection contingency. The home was an estate and prior to going on the market the seller pro-actively replaced the sewer line, did a radon test and had soil samples taken and the tank decommissioned. The home was a well built 1951 classic with a foundation built like a tank, but I could tell that the roof had at least 3 layers including the original wood shingle roof, it needed plumbing updates, both the furnace and water heater were ancient and the chimney had seen better days. I put together a list for Sarah and Tariq with repair estimates for all the issues based off very recent bids for similar work. After going through those numbers, it all felt pretty manageable budget wise.  They decided they would go the distance to get this house, and the sooner they could get it under contract the better. 99% of the time I would never advise a first time home buyer to waive the home inspection contingency, but in this case it made sense considering the potential big unknowns, sewer and oil tank, were already taken care of and Sarah and Tariq were dying to get the house.

The house was scheduled to have an open house on Sunday, and Sarah and Tariq wanted to get this house under contract before then. We wrote up a great offer that was over asking, waived the right of revocation, ordered the appraisal on day one, did a 26 day close, released the earnest money upon acceptance by the seller and waived the home inspection contingency.  I would never advice a buyer to release their earnest money right away, but they were so sure that this was their house that when they asked what else they could throw in to hopefully get the seller to accept their offer right away, that was the really the only thing left. When we submitted the offer on a Friday night, it was as watertight as could be.

The next day, on Saturday, the listing agent called me and said the seller was so pleased with Sarah and Tariq’s offer, that she decided to accept it  right away and they canceled the open house scheduled for Sunday. Sarah and Tariq flew back to LA on Sunday knowing that when they drove back to Portland in November, they had a house waiting for them. Even though they waived the home inspection contingency, they still had the home inspected so they would be able to prioritize repairs and know what they were getting into. Thankfully the home inspected like a dream, and pretty much everything I said would come up in an inspection as an issue, came up, and overall the house was in terrific shape. The house closed on a Thursday, and on Saturday morning Sarah and Tariq arrived in Portland with their pup a rented mini-van full of plants and the glow that comes with having the satisfaction of getting keys to their dream home.

 

This party is just getting started!!

A big congratulations to Jessica, Michael & Family!

Welp, it happened again folks. I had the privilege of working with fantastic clients and now I want to adopt them! Or, at least have them over for dinner :).

Jessica and Michael were referred to my teammate, Jasmine, and they were such a delight to work with. They came to us looking for a home in inner southeast Portland. They were moving from an area with limited walkability so location was very important to them. We did end up finding a lovely home in a great location but after a hard inspection, we sadly had to move on and look for a different home.

…And I’m so glad we did!

We found the cutest, most special home in Ladd’s Addition for the family! Everything about this purchase was wonderful and full of good vibes! I wish every buyer had the chance to experience a purchase like this one. Jessica and Michael are so head over heels for the neighborhood they have convinced Jessica’s parents to move here to enjoy all the goodness they are experiencing. We are looking forward to working with her parents and hoping for the same kind of magical purchase!

 

 

 

 

Photo credit for photos of the home: Jack Burnett

Mid-Century Delight for Delightful Buyers In Kenton!

My buyers Annie and Ben were referred to me by one of the great lenders at Portland Housing Center. They were first time home buyers and during our meeting when we met to discuss their plan and get a feel to see if we would be a good fit to work together, we talked about the ideal house for them. They had a really clear idea of exactly what they were looking for and where they wanted to buy. Ben works in Vancouver and Annie works on the inner east side so their ideal house would be in North Portland in Kenton or near I-5. They also wanted something with vintage charm- preferably mid-century, and in good shape that would be easy to maintain. They also wanted a yard and their budget was $400k tops. They were still interviewing agents when a couple of days after we met, I got an email from my wonderful colleague Martin Cross here at Living Room with info on an open house a great listing of his in Kenton was having the next day.  On paper that house seemed to meet all the criteria that Annie and Ben had, so I forwarded the email along to them. They responded that indeed, the house looked like it was great and they could tell I had a really good sense of what they were looking for, and that sealed the deal for us working together.

Annie and Ben stopped by the open house and let me know right afterwards the house was beautiful and perfect for them. I went back to see it with them the next day, and the following day we wrote up a great offer. The sellers accepted and 6 days after we first met they were under contract. We had the inspection and it was going really well, with the exception of the roof which we all suspected was toast. And then we got the bad news. At some point the tub overflow drain line had been disconnected so water had been getting behind the tub for a long, long time. Everything under there including subfloor and floor joists were toast. The rot had worked its way into the wall behind the tub plumbing and had spread out from just under the tub to most of the bathroom. The only real fix was to remove the tub, vanity and toilet, gut the bathroom, and then rebuild the bathroom from the subfloor up. Ouch.

A lot of buyers would have walked at this point, but after a few days of hard thinking, Annie and Ben decided that they still loved the house and felt that if there was a way to have this all fixed before they take possession, they would stick with it. They knew they wanted it fixed, and the last thing they wanted was to get keys to their new house and then have to find somewhere else to live while the only bathroom got rebuilt. The next move was finding a contractor who could do the job within the next month. Between Martin the listing agent and myself, we hunkered down and found a few contractors who could go out there to take a look. The first  company to get back to us bid the job at nearly 3 times what the sellers wound up paying for the same scope of work and said it would take  4-6 months before the job could be completed. In the end, a contractor who the seller had personally used for other jobs said they could get the entire job done within a couple of weeks including mold remediation, and indeed they did. My buyers even got to pick out new flooring and a new toilet.

Despite such a huge repair, we wound up closing only one week late. The sellers are doing a 3 week occupancy after close, so on the last day of the weekend before Thanksgiving, I will have the honor and pleasure of meeting my buyers at the house to hand over keys.

 

What a cute house!

Congratulations to Janice and Mic!

I had the pleasure of helping two very kind people buy a lovely home in SW! Janice and Mic were referred to me by a past client, they were looking forward to retiring soon and hoping to find a well-maintained home in a peaceful neighborhood. We found just the place! A lovely home in the Cedar Mill area, perfect for relaxing, close to everything and plenty of space for their cats. So many updates along with an added wing with vaulted ceilings. They couldn’t be happier! 

Cheers to Janice and Mic!!

Arbor Lodge Cutie!

This Arbor Lodge cutie is SOLD!

If you are considering a move and live in the area (or want to!) I’d be happy to help.

The market is not as crazy as our springtime madness but listings that are properly prepped for market, priced strategically and marketed properly are still selling quickly.  If you’re thinking of buying, Fall is a great time to do that too!

Reach out! I’m happy to share our current market conditions with you.

Veronica Powell

Veronica@LivingRoomRE.com

503.936.3475

 

Congratulations Jessi and Lily!!

First-Time Home Buyers!! Making it Happen!!

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I’m so impressed with Lily and Jessi! They were great to work with from day one. And, I know you hear me gush about how great my referrals are, a lot! But, hey, it’s true! Jasmine and I were very lucky to have met them and worked with them. They are two of the kindest people I’ve met.

Lily and Jessi were looking for a great starter home as well as something close to Lily’s parent’s house in NE Portland. We weren’t sure if we were going to be able to find something within their price range within blocks of her parent’s house. The market has been nuts and cute, well-maintained houses like this one have been flying off the shelf. On this one, I’m going to say we got it because we had very strong terms plus fantastic communication with the listing agent, right off the bat. And as it goes sometimes, we had big hurdles to overcome during the transaction and again, it was a great communication that kept it all together and pleasant for everyone involved. 

I am so happy for Lily and Jessi!! This house is darling and in the perfect location to put down roots. 

Cheers!

Distinctive University Park With A View

Just Listed!

VIDEO TOUR

4717 N WILLAMETTE BLVD Portland, OR 97203

Offered at $625,000

3 Bed | 3 Bath | 2799 SF | MLS# 21344545 | Taxes: $8,235

TWILIGHT OPEN HOUSE: Thursday 9/30 5:30 PM-7:30 PM

What a knockout! Gorgeous, wonderfully preserved classic home with a classic Willamette Boulevard view.

Upon entry, you’ll notice the high level of care shown to this home with gorgeous wood floors, bright sunny spaces, remodeled kitchen, 2 remodeled bathrooms and a wonderful floor plan. The living room is perfect for entertaining with a classic wood fireplace, lovely mantle and large bay windows overlooking the city and river.

The open floorplan flows easily through the formal dining room and updated kitchen featuring plenty of counterspace, stainless steel appliances and classic tile backsplash. The formal dining room is bright and spacious with French doors opening onto the patio.

Moving through to the kitchen toward the back, you’ll find a fantastic informal dining room/sunroom. The space could be a wonderful spot for lounging, the perfect place for all of your house plants or a breakfast nook! This room opens to the very private backyard with breezeway to the oversized 2-car garage.

The layout of the home is ideal, with 2 large bedrooms and a full bathroom on the main level. The second floor offers a lovely primary suite with wood floors, a full bathroom, walk in closet and storage galore on one whole side room.

Winding downstairs to the basement you’ll find a clean basement with great ceiling height. A third bathroom just waiting for a remodel is conveniently located on the lower level. This is a very large space easily imagined as a media room, family room, yoga room… really, the possibilities are endless!

The location is ideal: Great for walking and biking. Check out this gorgeous and inviting home, you might just want it to be yours!

Pearl District Condo for a First Time Homebuyer

If there is one part of the Portland market that’s not hot right now, it’s condos downtown and in the Pearl District. The Covid buying frenzy really focused on detached single family homes with yards. Communal living where you have to walk into an enclosed building and then take an elevator to your front door was the exact opposite of what the majority of buyers have wanted over the last year and a half. So for those folks who DO want to own a condo in the Pearl, the neighborhood is a pool full of fat oysters where buyers can take a while to look around be picky about what type of unit they want.

My buyer Gene moved up to Portland from southern California and had been renting an apartment in the Pearl. He loved  the neighborhood and how convenient it was to walk to anything and everything, and decided he wanted to purchase a Pearl condo for his first home. Gene loves to get out of town so having a dedicated parking spot was important, as was having as much of an unobstructed view out the window as possible. He was really attracted to the Edge Lofts at NW 14th and Kearney, and the higher the floor the better. We were able to score a fabulous 1 bedroom condo with views for days on the 10th floor. The previous owner spent a fortune upgrading the original blah kitchen into a masterpiece full of counter space and cupboards, all while leaving plenty of space in the living room/dining room/kitchen area. Interest rates are so dirt cheap right now that if you can afford the monthly payment, financially you are better off long term borrowing as much as 95% to get a conventional loan and investing whatever else you planned to use towards a down payment in so many other investments that on average pay greater than 3% annual return. For every $5,000 a buyer borrows, it’s about $21 a month, or equivalent to giving up one coffee a week at a coffee spot. The condo had been sitting on the market for 6 months and had a couple of price reductions. Holding onto as much cash as possible after closing made the most sense to Gene, so instead of asking for another price reduction, we asked for seller paid closing costs, which the sellers were happy to do. Inspection went great, appraisal came in at value and less then a month after we put in the offer, Gene got keys to his very own slice of Pearl paradise.

Congratulations Dovina and Leonard!

It was just meant to be!

If you know me, you know that I love helping people make a move. I love my peeps and I’m super committed to getting my clients into the home of their dreams. I will negotiate until my face turns blue and call every contractor in town to get information for my clients. I am committed to making this a great experience but unfortunately, you can’t always control how things go? For instance, I can’t make a seller accept an offer. I just can’t.

So here’s the short version of one of my all-time favorite stories 🙂

Leonard and Dovina really wanted to live in Newberg to be close to their daughter and grandchildren. Last spring and summer, we looked at just about everything that Newberg had to offer. It’s not unusual for the search to take a little longer when you’re looking in a small and popular town, like Newberg. After months of looking, they found a gem, a darling house that is close to downtown with a cute yard and great character! It quickly became competitive and we pulled out all of the stops. Long story short, Len & Dovina’s offer was the highest with exceptional terms, but in the end still beat out by a lower cash offer because they totally waived the inspection period. I just can’t ever recommend that a buyer waive all inspections.

It just wasn’t meant to be is what we told ourselves. That’s what we have to say sometimes to make sense of things when it doesn’t go the direction we would like. But this one kept nagging at us! We continued to look in Newberg for another year and kept comparing every house to the ‘one that got away’.  …And then it came back! Almost exactly a year later it popped back up and wouldn’t you know it, we put it in an offer and got it this time!

Cheers to my lovely friends, Leonard and Dovina! I wish them all the best in their home that was definitely meant to be!

 

When your “New Normal” is…. freaking awesome!!

Congratulations to Jake and Nicole!

I think you can all relate when I say- what a year!!  The pandemic really threw a wrench in things (to put it very mildly) and we are seeing a lot of folks making changes in the aftermath. My clients, Jake and Nicole, exemplify this and are making a big change! They own a darling home in Overlook and loved it when they bought it. Working from home, through the pandemic, they realized that owning an older home (no matter how cute it is) can be a lot of work! They were feeling overwhelmed with the tasks required of them and realized that yard work was not for them. They felt inspired to look for a low-maintenance place with modern conveniences and a modern design. What they found was perfect! A lovely newer townhome in Hillsdale with clear grain cedar exterior, floor to ceiling triple glazed European windows & doors, white oak hardwood floors, wool carpet, quartz countertops, marble master bathroom, stainless steel appliances. I’m so happy for them! Congratulations!

 

 

 

Modern & Chic Abode with ADU

JUST LISTED – 412 N ALBERTA ST

Offered at $640,000

3 Bed | 3.5 Bath | 1860 SF | MLS# 21483637 | Taxes: $7403

VIDEO TOUR

Step into this immaculate, modern attached home with a fantastic layout! Perched high off the street, the first level of the home is easy living. You’re going to love the kitchen: stainless steel appliances, gas range, quartz countertops and breakfast bar. The flow between the kitchen and living room in this open concept layout provides convenient space for entertaining and cozy evenings alike. 

 

Plenty of comfort on the third level with a generous primary en suite and a second large bedroom with full bathroom. You’ll find bright natural light in the bedrooms with the primary suite offering a generous walk-in closet and bathroom with extensive tile work.

 

The lower level is a spacious ADU for guests, family, or additional earning potential! ADU features a large open living space, a darling kitchen with stainless steel appliances, a full bathroom and a large bedroom. As a short-term rental, this space has generated between $2300-$2500 a month.

The home has an Earth Advantage Platinum rating with central air conditioning, gas forced air heating and double pane windows.

Fantastic location close to shops, parks, cafés and restaurants! Great for walking plus a bike score of 93! Fall in love with this modern, move-in-ready, townhome. It’s waiting for you!

Easy peasy… here’s the key-z!

Congratulations to Kari & Trina!!

I love referrals!! I think I’ve said that before, but it’s just so true! Every dang time.

Here’s the story, Kari and Trina found the dream-house before they found the dream-agent. We happen to have mutual friends who referred them to me and what a great match we are! They are fun, smart and know what they want. Perfection!

Here is what is so cool about referrals. When a past client or close friend refers me to someone I’ve never met, it’s far more likely that we will build trust quickly and be able to hit the ground running because the new client already expects to have an awesome experience. That was certainly the case in this situation. This was a competitive sale and we needed to hit the ground running. From the minute I met Kari and Trina I knew that we had trust and that we could do what needed to happen to get them into their dream house. And it was an awesome experience! Now they have the keys to their forever home and I hope they refer me to their friends as well.

If you or anyone you know wants to talk about buying or selling a home, I would love the opportunity to connect with them!

There comes a time when all the pieces fall into place!!

Congratulations to the Voelkers!!

 

I’m so thrilled for the Voelkers and their new home!! They exemplify patience and stick-to-itiveness! And now they have keys to a sweet 50’s ranch in a great neighborhood close to their friends. 

Everyone knows that things don’t always happen on your timeline. Sometimes you’re rolling with the punches and pivoting more than expected. The Voelkers were always game to try things out and walk away when it wasn’t right. That’s especially hard to do in a seller’s market and there’s no guarantee the next one will be any easier for a buyer. But, again, patience and persistence run deep in this family, and I admire that! Buying a home is no small thing and you should only buy the house that is right for you. This is surely the home that is right for the Voelkers! Cheers!

 

 

Second Offer is the Charm in Kenton

My buyer Clayton was referred to me by some of my favorite past clients ever, so I knew he was going to be great to work with. His ideal home would be in North Portland where he has lived for a long time as a renter, and would have the space and bedroom count to be able to comfortably rent out a room or two to roommates. He lost out on 2 houses, but they were not the best houses for him anyway. And when a great 4 bedroom house (2 beds on the main floor and 2 beds upstairs) came on the market he went to the open house and met the listing agent who was super impressed by how kind Clayton is and how through of a job he did looking at the house (he even went into the crawl space!). He loved the house and we wrote up an offer, and thanks to his letter and the listing agent explaining to her seller how awesome Clayton is, the seller wanted to sell to Clayton, but with another offer on the table that was over $100,000 over list price, the seller went with the crazy high offer.

Within a few days though, that buyer came back through with her mom and came to the realization that she was paying way too much for the house. That buyer tried to renegotiate with the seller to a lower price, but the seller wasn’t pleased at all so the listing agent came back to me to ask if Clayton was willing to add $30k to his initial offer amount, and Clayton was not willing to do that. So back on the market they went, and Clayton went back to another open house there and still loved it. We wrote up another offer which was higher than his first offer, but not as high as the seller had wanted to keep the house from going on the market.  We waited for the weekend to be over to see if any more offers came in, and of course on the last day another offer did come in. Thankfully the listing agent was still rooting for Clayton, so they came back to us and asked Clayton if he would revise his offer amount higher by $15k to match the other offer. That seemed entirely reasonable so we upped his offer and the seller accepted.

The inspection went really well, and with the exception of a really bad appraisal that came in slightly low, the transaction was otherwise smooth as could be! When I met Clayton at the house to hand over the keys, he seemed slightly bewildered and in awe that he pulled off buying such a great house, but most importantly, he was super excited.

Sophisticated Cape Cod with Updates Galore

Just Listed: 9029 N Van Houten Ave

Offered at $565,000

9029 N Van Houten Ave, Portland OR 97203

3 Bed | 2 Bath | 2698 SF | MLS# 21229005 | Taxes: $4,594

OPEN HOUSE:  Saturday  7/17 1pm-3pm 

TAKE THE VIDEO TOUR HERE


Come see for yourself just how much space, charm and value this house has to offer! With updates galore and a spacious yard, you’re going to fall in love with this sophisticated home!

As you enter, you are greeted by an inviting living room featuring hardwood floors and a big picture window to let the sunshine in.  

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Flowing nicely from the living room into a completely remodeled kitchen, you’ll find stainless steel appliances, gas range, quartz counters, classic subway tile and plenty of storage/counter space for the home chef. The open dining area is perfectly situated providing a lovely view of the backyard. Convenient access to backyard off kitchen and dining room.

As you make your way around, you’re going to love the versatility and spaciousness this home offers! The layout of the home is ideal, offering 2 bedrooms and one full bathroom on the main level.

Winding your way upstairs you’ll find the third sizable bedroom with vaulted ceilings. From there, a separate staircase takes you even further up to the unfinished attic room which is ready for the final details! It has great ceiling height, fresh insulation and a new egress window. This special space is just waiting to become whatever you dream it to be!

Making your way to the basement, you’ll find a clean and spacious partially finished, full basement with great ceiling height!  3 bonus rooms plus one more full bath and a big laundry room! These bonus spaces could easily be imagined as a media room, home office, home school room, art room or even another bedroom… really, the possibilities are endless!

The backyard is a dream! Offering beautiful flowering shrubs, established landscaping, a fuji apple tree, strawberries and marionberries. The yard is fully fenced for privacy which makes this a delightful private space for entertaining or enjoying on your own. Also included in the backyard is a walk-in shed with shelving, window, recently replaced roof and a high ceiling.

Features include:  Recently replaced roof and exterior paint plus updated double pane windows, electrical panel, water heater, plumbing in home & sewer line.

Located on a quiet, tree lined street in an ideal Portsmouth location close to New Seasons, restaurants and parks!

First time home ownership joy!

Congratulations to Rana!!

 

There are so many things to love about helping folks buy a home! I meet so many different people with many stories about why they want what they do and how they plan to achieve their real estate dreams and goals. But seriously, nothing is more gratifying than helping someone become a homeowner for the very first time! The joy!

It was so wonderful working with Rana to help make that dream a reality. She is a focused and intentional person who powered through the process like a champ. And every time we thought there might be a bump in the road we were able to negotiate on her behalf and smooth everything out. She is the first woman in her family to buy her own home!! Her Grandmother is so proud! This was definitely meant to be and I couldn’t be happier for Rana!!

 

Finding Perfection in Parkrose

Sarah and Craig were referred to me by a dear longtime client. They just had a baby and were ready to buy a house to settle into and raise their kid in. When we first spoke this past spring, they had not yet spoken with a lender and didn’t really have an idea of how much they could qualify for. I gave them some names of great lenders I work with including the Portland Housing Center. After meeting with Portland Housing Center’s loan officer, they found out they qualified for a $15k grant if they bought something in the City of Portland, so that sealed the deal for them on which lender to use.

Once they had their pre-approval in place, they headed into the stinky soup that was the Spring 2021 Portland Housing Market on a quest to find a home that was big enough for their growing family, had character, was near a freeway for Sarah’s job commute to Hillsboro and had a yard big enough that met Craig’s criteria for having as much outdoor space as possible. They picked the most difficult time ever to buy a home, which meant getting caught up in the offer after offer and rejection after rejection loop. I kept reminding them that their house would come along and it would be the best of the bunch, and as frustrating as it all was, they kept their eyes on the prize.

After a couple of months of being in the Twilight Zone of offer, rejection, offer, rejection, a super sweet mid-century in Parkrose came on the market. On paper it hit every mark they were looking for- including not needing any major repairs or work done. Before we went to see it, Sarah had a feeling that it was going to be their house. It was priced really low for what it was- a 3 bedroom, 2 bath home with a formal living room and a giant family room with a garage that had been converted into bonus space, hardwood floors, a mid-century vibe, and a backyard that was as lovely as could be. After checking it out, we all felt the vibe that this really was their house. Because it was priced so low, they came in super strong on price, and offered to buy it as-is, barring any major repairs the house may have needed and had a small appraisal gap included in case it didn’t appraise. With eight offers on the table, the sellers decided to accept Sarah and Craig’s offer.

The home had been well maintained and the inspection didn’t turn up anything major and the appraisal came in at value! Everything went smoothly and we were able to close a week early. And I’m pleased as punch that yet again, despite the long and bumpy road to get there, in the end Sarah and Craig came out of their house buying adventure at the top!

You can’t rush something you want to last forever

Congratulations to Jason & Tonia!!

Jason and Tonia are two of the sweetest repeat clients I have! We have bought and sold and bought again and each time we work together I am reminded what smart and kind-hearted people they are.

Jason and Tonia worked hard to turn their little bungalow into a little gem and enjoyed a smooth sale. After selling their house, they made the really smart decision to rent until they found their next dream home. I know this isn’t an option for everyone for various reasons, but it really helps if it’s possible. Jason and Tonia could take their time and didn’t feel as much pressure to over-bid or succumb to some of the craziness buyers are feeling in this market. They lost out on a few houses but in the end, being able to wait for this perfect house was totally worth it! They sailed through inspections and are so excited for their next chapter!

Some things were just meant to be!

Congratulations to Brittany, Ryan & Marcia!!

 

I had such a lovely time working with Marcia, Brittany & Ryan! They were so very put together and focused throughout the process. We looked at a good number of homes although it wasn’t long before Brittany knew ‘This is the ONE’!

As you know, we are in a Seller’s market and it’s not likely that all issues will be addressed in a home purchase these days. Luckily we were matched up with great Sellers and we were able to negotiate a sizable credit to repair some important issues. Nothing makes me happier than knowing my clients will have a smooth transition into their new home and not have to worry about major repairs.

It’s so important to me that my clients have a great experience and are happy with the whole process and know that I’m there for them every step of the way!

Cheers to Brittany, Ryan and Marcia!

JUST LISTED! Colorful Cozy Casita in NE!

This charming home has large bedrooms, tons of closet space & newly redone bathroom with new floors, vanity & sink. The kitchen has new flooring, range, countertops, sink & brand new Olympia 5 stage water filtration/reverse osmosis system. Nest thermostat, gas furnace and AC! Gorgeous, fully fenced yard boasts color year long & comes with, 2 sheds & raised garden beds. A fully roofed & screened patio makes a great catio or the perfect place to set your hot tub!

260 NE 190th Portland, Ore. 97230 ~ Listed at $369,000

2 bed | 1 bath | 1008 sq. ft. 
MLS# 21612375 | Taxes: $2525 | Lot Size: .16 Acre
*DO NOT DISTURB OCCUPANTS. SEE RMLS FOR OFFER/VIEWING INSTRUCTIONS*

Here’s the Start to a Wonderful Adventure!!

Congratulations to Shannon & Cesar!

Yaaaaay!!!

We just helped some very special people buy a very special house! Cesar and Shannon were amazing clients. They did everything necessary to jump into a crazy housing market and succeed! We looked at quite a few houses and only lost out on one along the way. It turns out that Cesar and Shannon are quick learners. So after losing that one, we were soon back on the saddle!  With their feet now wet they were ready to put together a sharp offer on the next property. And they got it! 

I wish them all the best in their new house! It has a lovely yard in the front and the back. Plus a really cute updated kitchen. Cesar loves to cook, so I know they’ll have a great time in that kitchen!

Cheers!!

 

Feeling “Whelmed”

You know you’re doing something right in your career when a former realtor who no longer works in the industry trusts you to help her and her family find their first home to purchase. Munir used to work for the same company as my brother, who is a commercial broker here in Portland. So when it came time for she and her wife Lori to purchase their first home, she reached out to me to help them.

The journey wasn’t all roses and butterflies as we submitted offers on and didn’t get several homes that they thought were “the one.” Lucky for me these buyers remained patient, optimistic and good humored. At one point Lori told me she was feeling “whelmed.” Not overwhelmed or underwhelmed – just “whelmed.” 🙂

In the end, they are soooo happy with how it all turned out. They got a great house for themselves and their teenage daughter. It’s an adorable bungalow with a fantastic back yard with a fire pit for many fun nights with friends to come.

If you or anyone you know is looking to buy or sell a home in the Portland area, please contact Amanda Haworth at 503-453-7698.

The Start of a Beautiful Compound With Friends in Foster Powell

My buyer Alison got in touch with me over 3 years ago after she was referred to me by her close friends, who are old clients of mine. Alison thought she wanted to purchase a condo at a complex in the Brooklyn neighborhood because she had a friend who lived there, and the idea of easy maintenance seemed appealing to her at the time. For what turned out to be a blessing in disguise, none of those units came on the market while she was looking. She then decided to go to grad school and put her house hunt on hold while she went through school and figured out the next phase of her life.

We kept in touch as she made her way through grad school, and then last month, she called me because the house directly behind her best friends house- the same friends who referred her to me, who she had been podding with throughout Covid, had just come on the market. They were able to see it and Alison called me from the house to let me know about it, and that she was interested in purchasing it. She just finished grad school and was about to start a new job at the same organization she had been working at for years, and was finally in a more stable situation where buying a house made sense. I made an appointment and met her the next day at the house- and it was cute as could be. A granny ranch with the vintage pink bathroom and the vintage kitchen complete with pink stove still intact. The house had an almost identical layout to her friends house behind this one, so walking into it felt very familiar. The house was an estate and a little rough around the edges, but we could tell it wouldn’t take much to get it cleaned up and ready to go by getting the wood floors refinished, painting the rooms, removing or painting over some unfortunate 1970’s fake wood paneling and deep cleaning  the kitchen, basement and bathroom.

Alison had been on the path to becoming a home owner for over 3 years and now that she was finally ready, and the perfect house presented itself to her, the reality of actually writing an offer on a house was an internal hump she needed to process. The seller had a couple of offers and the deadline was approaching. Alison decided to jump in and we wrote up a great offer 10% over list. Thankfully the sellers accepted her offer and off to inspections we went. Her friends behind this house had already planned where the gate between their backyards was going to go and thankfully her friends are super handy and could help out with minor repairs. The inspection went much better then I thought it would, with the exception of a complicated sewer situation involving a blockage near where the sewer line for the house met the City lateral and it involved a ton of pooling in the line. I was able to negotiate a credit for that repair- though it took almost the entire transaction to sort it all out. And less then five weeks after she called me, I had the distinct pleasure of handing her keys!

 

It’s time to GET EXCITED!

Congratulations to our Buyers, Don & Jarred!!

No matter what you think of Tony Robbins, I think we can all agree that he’s got some really great quotes and this is the one that made me think of my clients Don & Jerrad, “Stop worrying about what can go wrong and start getting excited about what can go right.” 
 
Now, that is sound advice for anyone these days! But it made me think of Don and Jerrad because they stuck with it through an especially tricky transaction and they kept their eyes on the prize the whole way. And in the end, their stick-with-it attitude truly paid off because they are now the proud owners of a very cute, brand new townhouse! It’s a great 3 bedroom 2.5 bathroom with tons of natural light and a lovely open floor plan on the main level. I’m so happy for them!
 
Lately, in this crazy market, being a Real Estate Agent has felt even more gratifying and impactful! Things are crazy out there and folks need clear guidance as the market shifts. I know I’m making a difference in people’s lives by helping them become homeowners. I am very invested in all of my clients and nothing makes me happier and feel more fulfilled than giving clients like Don and Jerrad the keys to their new home!

 

Gorgeous Mississippi Bungalow

Just Listed: 4520 N CONGRESS AVE

2 BED | 1.5 BATH | 1848 SF | MLS# 21414082

OFFERED AT $539,000

TAKE THE VIDEO TOUR

This beautiful Mississippi Bungalow is packed with sophisticated updates while holding strong to the original character. Sitting high above the street you’ll love the gorgeous landscaping and darling deck above the garage, the perfect place to relax and with your morning coffee or chat with friends and neighbors.

As you enter into a lovely foyer you will find classic architectural features, efficient and expansive spaces and light-filled rooms. Make your way into the living room which features gorgeous millwork, original hardwood floors, a stylishly updated mantle with a gas fireplace and an elegant flow into the formal dining room. The dining room itself is quite large and acts as a nice axis point to the living room and kitchen, the perfect layout for entertaining!

A half-wall opens to a recently remodeled chef’s kitchen featuring beautiful quartz countertops, stainless steel appliances, gas range with hood, original fir floors, beautiful tile to the ceiling, sink disposal and an integrated dishwasher. 

Making your way upstairs, you’ll find 2 light-filled bedrooms with full closets. The layout is perfect with a stylishly updated, full bathroom with refinished clawfoot tub and skylights.

On the lower level, a large partially finished basement offers a great flex space! Easily imagined as a home office, yoga room, homeschool room, media room, ect.! Plus, it offers an exterior entrance and plenty of dedicated storage space.

Step outside into your back garden deck oasis! A petite and powerful garden that requires limited maintenance is brimming with beauty. Exterior storage with access at the rear of the house.

So many upgrades including 90+ furnace, AC, gas fireplace, upgraded foundation & seismic, upgraded electrical panel, pex plumbing, skylights and recently added half bath on the first floor.

Desirable, convenient location with a street designed for light traffic flow and ample street parking. Walk score 89 & Bike score 99!

Welcome home!

The Little Buyers Who Could

When I say this market is tough on buyers, that may be an understatement for what Andrea and Amar (and sweet 1-year-old daughter Maeve) have been through. When we first met they were coming out of the process of getting bids for their current home to expand it to fit their growing family. They decided it would be easier to just purchase something else instead. Little did they know the challenges that lay ahead.

After a few weeks of searching, we finally found their “dream home.” We put in a stellar offer, and although the listing agent told us ours was the strongest, the sellers picked another offer based on the buyer letter. Crushing. And, frankly, unethical. So Andrea and Amar took a little time off from the hunt and regrouped.

A few weeks of looking later, a home popped up that looked promising. It had the big yard they had dreamed of, it was a “granny ranch” with great bones and a ton of potential to make it into exactly what they want. The problem was, we would have to fight for it. There was a ton of competition for this home, including a cash offer that was very appealing to the sellers.

Insert super lender Jen Bell into the mix. She said she could get us a 10 day closing to compete with the cash buyer. So we put our best foot forward and I had a lot of heart-to-hearts with the listing agent. When she finally called to tell us we got it, she said, “I feel like we’re old friends at this point!” 🙂

Needless to say, Andrea and Amar are THRILLED with how things panned out. And so am I! I can’t wait to see how their amazing remodel will turn out. They have a great eye for design and I just know they are going to have the coolest house when this is all done! So happy for them!

If you, or anyone you know, are looking to buy or sell a home in the greater Portland area, please contact Amanda Haworth at 503-453-7698 or amanda@livingroomre.com.

 

Contemporary Narrow House In Mill Park

JUST LISTED

OFFERED AT $395,000
11533 SE Main St, PORTLAND OR 97216
3 BED | 2.5 BATH | 1380 SF | MLS# 21234656 | TAXES: $3,616

A fine example of the early 22nd Century ubiquitous contemporary narrow house. Located half-way between Mill Park and Ventura Park on a quiet street, this well built and efficient 3-bedroom 2.5 bathroom house has the open concept kitchen/dining/living room on the main floor. All three bedrooms including a primary suite plus laundry upstairs. Bonus features include a covered back patio and central a/c. A great home at a great price.

 

Jewel of Woodstock

JUST LISTED

Offered at $449,000
5223 SE Steele St, Portland OR 97206
2 Bed | 1 Bath | 1128 SF | MLS# 21207202 | Taxes: $3,154

This Woodstock charmer is packed with sophisticated updates while holding strong to its classic Bungalow style.
VIDEO TOUR

Upon arrival, you’ll notice the high level of care and attention given to this home. A lovely landscaped front yard welcomes you with well-designed cedar fencing, fresh exterior paint and newer double-pane windows!

Once inside this south-facing home, you’ll enjoy wonderful natural light, gorgeous wood floors, tasteful updates and classic details. The living room is stylish with a beautiful picture window, wood moldings and gorgeous, recently installed white oak, hardwood floors.

Take in the character of the home as you make your way seamlessly from the living room into the kitchen with tasteful modern updates and timeless period finishes. A picture-perfect dining nook rounds out the kitchen. Updates include newer integrated dishwasher, fridge, gas range with range hood, wood floors, solid wood cabinets and countertops, sink and white oak hardwood floors. Through the hall you’ll find 2 lovely bedrooms with tall windows. The well-maintained bathroom features a claw-foot tub with shower.

Step out into the beautiful, ample backyard which feels very private. The space is highlighted by a custom brick patio, custom cedar fencing and lush green landscaping. The oversized garage, with alley access, could be used for so many things! Currently, owners are using the garage as a woodshop, but it is ready for your imagination, possibly an ADU? The backyard boasts plenty of room for entertaining, a firepit, gardening or playing with furry friends! Clean, unfinished partial basement has great ceiling height and plenty of room for storage and laundry area.

Lucky you because this house is located in the sweet spot! Just blocks from Woodstock town center, Woodstock park and the wonderful shops and restaurants the neighborhood has to offer.

So much to love in this darling home! It is ready for you to move in and enjoy so come check it out! This is one level living at its best!

 

Grit & Persistence Get Amanda and Iain Where They Want To Be

Congratulations to Amanda and Iain!


 

This transaction was a great example of sticking with it until you get what you want! Amanda and Iain are whip-smart and tenacious, which are the best qualities a buyer could have in this current market.

Jasmine and I love working with first-time home buyers and homeownership is something we want to see for everyone who is interested. We pride ourselves on our initial buyer’s meeting setting up reasonable expectations to empower our clients. By breaking the process into manageable pieces the whole thing makes sense, flows nicely and clients know they will get the home they want. 

I appreciate so much how Iain and Amanda kept their eyes on the prize, they didn’t let disappointments slow their roll and, in the end, they made their dream come true! They bought a gorgeous home!

And, as we all know, in real estate, there is truly nothing better than a GREAT referral and I am thrilled that Jasmine was referred to Amanda and Iain by their mutual friends! They are fun and wonderful people and I’m so happy to have worked with them.

 

 

Bidding Wars Can Equate to Low Appraisals Which Means One Giant Headache

Bidding Wars can equate to low appraisals.

In is not uncommon to have low home valuations in a hot real estate market. The reason is because home appraisals are largely based on comparable home sales that closed prior to the home you’re buying. In a real estate market where supply can’t keep up with the demand, which is what our current market is doing in Portland, home buyers are getting into bidding wars on almost every transaction. These bidding wars drive prices up.

In hot markets, it becomes virtually inevitable that home values will at some point be unable to keep up with how quickly homes are selling. The result – lower-than-expected appraised values.  That’s when all parties involved suddenly get headaches at the same time.

There are a couple of different things that can happen if the property you’re purchasing comes in low:  You can terminate the deal and walk away. Or you can renegotiate the purchase price with the seller.  Whether you are the buyer or the seller, it can be a major heart-breaker to have a deal fall apart due to a low appraisal. Deciding upon which route to take is an emotional journey. My best words of advice: Try your best to stay calm, trust your real estate agents years of expertise to help find a solution and think clearly about the end result.

 

We Keep Throwing the Darts

In this crazy real estate market where writing $30-50,000 over list price for a first time buyer is nothing short of uncommon it takes persistence and patience.

My dad used to say – “just keep throwing darts at the dart board- you’re gonna hit that red circle at some point.”

That’s what we’re doing for a couple of first time buyers that are getting priced out of the market.  Rather than give up on looking for a home, we are throwing the darts in hopes at one of these times a sellers going to accept our buyers offer.

 

Seller Who Collects Rocks Finds Buyers Who Love Rocks

My buyers Alexandra and Ray are first time home buyers and just scored on a great ranch house in Fo-Wo section of Woodstock- between Foster and Woodstock. They were fantastic to work with because they knew what they wanted and they were prepared to jump head first into this nutball of our early 2021 market where there is 1 house for every 20 buyers. After walking into what would become their house, the first thing they said was- we could be friends with this seller. The seller had quite the display of rocks, gems and minerals and before we got very far into the house, my buyers were ooohhhing and ahhhhing over the sellers collection- admiring and even naming some of the rocks. Once we got past the rocks we explored the house,  a mid-century 900 sf with 3 bedrooms and 1 bathroom on an oversized lot graced by a front yard tree with a trunk the size of a truck. I could tel as we walked around that this was “the one” for them. They are also woodworkers and one of their strong wants was a home that had a great space to build stuff in, and this house has a newer oversized garage/ shop that is perfect for woodworking.

We had talked extensively about the state of the market, and how every house was getting multiple offers with buyers offering appraisal make-up gaps in case the house does not appraise for purchase price, buyers taking on homes as-is with few if any repairs made by sellers, and with home prices up between 15-20% over January of 2020. The house was priced at what would have been the top of the price-range only a few months ago for a house like this and in this location, which made it really difficult to decide what to offer without going to crazy. But Alexandra and Ray were prepared to go over asking, and with interest rates as low as they are, their monthly payment was still in a comfortable range for them. It takes some true hardiness as a buyer to be able to succeed in getting their offer accepted, and after I spelled out all the potential bells, whistles and deal sweeteners they could use in an offer, Alexandra and Ray put their trust in me and offered well over list, stated in the offer that they would limit repair requests to only bigger issues, offered the seller free rent-back after closing and wrote a letter to the seller mentioning how much they loved his rock collection.  They were also able to offer what has become the number one denominator in winning offers- the ability to make up an appraisal gap if the appraised value came in less then purchase price.  Prices are rising faster then appraisals can keep up with them, and to mitigate the real threat of a low appraisal, buyers who can state in writing that they can bring in a higher downpayment to cover that gap are who are having offers accepted. Alexandra and Ray’s offer was not the highest, but the seller and the listing agent loved their terms and letter enough to come back to me and give them the opportunity to come up just a hair to match the highest offer, which they did. Fortunately the house inspected like a dream- one of the best houses my inspector has seen to date this year. We did run into a slight appraisal issue when the house did not appraise at the purchase price, but Alexandra and Ray were prepared so that was an easy enough hoop for them to crawl through. The seller is holding onto the house for a few weeks after closing while he prepares to move, and I am looking forward to handing the keys to my buyers at the end of the month.

Multi-Generational Living with a Pool!

Vanessa and I met when we were mere ‘babies’ while working in the restaurant industry circa 1998–I really wish I could find pictures!  Over the years we have remained close friends. And I was so thrilled when she contacted me to help her and her new husband to find a house! 

Vanessa and Dan have always been close-in SE Portland people. Location was #1 on their list; and #2 was an opportunity for multi-generational living so Vanessa’s dad could eventually move in with them. Dan was the most stern about location. He did NOT want to go above 60th, North of Burnside or South of Sellwood and it had to be walking distance to a bar, a store and a decent restaurant. We saw a ton of homes but none of them seemed to quite fit the bill, were just outside of their desired area or they were out of budget. 

To my surprise it was Dan that sent me the listing to this house and was excited to go see it. “But, Dan? It’s in Milwaukie!” I said. But he was charmed by the ample amount of space, the pool and the built-in bar. Talk about having a bar within walking distance! Vanessa was charmed by the absolutely incredible plants in the sunroom giving this house so much light and unique interest. 

The beautiful Monsterra in their sunroom has been there for decades.

 

Vanessa and Dan have run into some hard times over the last few years dealing with tragedy and heartbreak. They had gotten engaged before the pandemic and decided that they still wanted to get married despite it all. They had a small and beautiful family ceremony in upstate New York in October. All of their difficult experiences have led them to the conclusion that this moment is all you have and you have to go for what you want. I’m so proud of them and honored to call them friends.

One of the main reasons I got into this business was to help people follow their dreams. Vanessa and Dan can now start building wealth and a future for their family and more importantly a home for their entire family… and a place where I can go swimming in the summer! Congratulations friends! You did it.

 

Centennial Sweetheart!

Centennial Sweetheart!

2755 SE 165th Ave., Portland, OR 97236

Offered at $354,900

  3 BEDROOM | 1 BATH |  1,461 SQFT
MLS #20479400| TAXES:$3,614.62

Please see listing for Covid-19 safety procedures.

Picture perfect and lovingly cared for, this 1949 Portland home includes a formal dining room and bright living room with fireplace, hardwood floors, 3 bedrooms, plus bonus space for a home office, updated kitchen and bathroom, attached garage, and classic features throughout. Step out into your park-like backyard with a gazebo to safely entertain, plant a victory garden, build an ADU, or gaze at the stars at night. With a bike score of 65, you can bike or walk to local parks or hop onto Division street to get around town!

WHAT’S AROUND – WANT TO GO FOR A WALK? A NIGHT OUT ON THE TOWN SOUND FUN? NEED TO GRAB SOME GROCERIES?

      • Sandy River Beach 
      • Powell Butte Nature Park
      • Springwater Corridor & Trail
      • Bridal Veil Falls, Latourell Falls, Vista House & the Columbia River Gorge
      • Downtown Troutdale
      • Oxbow Regional Park
      • Happy Valley Boardwalk & Park
      • Mi Pueblo 
      • Tsuru Japanese Park & Garden
      • Sugar Cubed Cakes
      • Sugar Pine Drive-in
      • New Seasons – Happy Valley
      • Gresham Farmers’ Market
      • Maggie Mae’s Kids’ Bookshop

HOUSE HIGHLIGHTS + FEATURES:

      • Charming ranch-style home on a sunny, flat 1/4 acre lot with room for all of your outdoor fun!
      • 2 bright bedrooms on main floor & large open bedroom with walk-in closet up.
      • Hardwood floors on the main level
      • Open bright living room with beautiful fireplace & large picture window
      • Modern updated full bathroom
      • New kitchen countertops
      • Newer roof, furnace, sewer line, central air & vinyl windows
      • 2 car side by side driveway with RV parking & attached oversized garage
      • Updated PEX and copper plumbing
      • 1/4 acre backyard with cedar fence
      • 2 back patios
      • Pergola with climbing jasmine
      • Large stone succulent bed
      • 4 boxed garden beds
      • Firewood storage shelter and tool shed

 



About Us: Over the course of their professional partnership, Aryne + Dulcinea have helped hundreds of clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.

Same House Different Clients Four Years Later

Who doesn’t love getting an email from new buyers letting you know they want to work with you because you could be their dream agent. And that’s exactly what my buyers Liz and Alex wrote to me when they first got in touch. After we had a Zoom meeting, I could tell they were going to be dream buyers. Liz and Alex were looking for a home where they could start a family, live as close-in as possible on the east side, and wanted vintage charm out the wazoo.

We started off by seeing a few homes that at least on paper looked like they checked the boxes, but when we went to see them in person, I pointed out all sorts of flaws with foundations, layouts, and other not so fun stuff. After our first foray into seeing what was on the market- which wasn’t much, it really helped them hone in on what was important to so they put together a needs and wants list that was super helpful for both of us in narrowing down their search.

A few days after they put together their magic lists, Liz sent me a listing that had just popped up on the market in NE in the Rose City Park/Laurelhurst neighborhood. This house hit all the marks.  The address sounded familiar, and after looking at the photos, I realized that I had listed this very same house back in the summer of 2016! It had belonged to some dear friends of mine that I met when our kids were born around the same time back in 2010, and it was a house that I had spent many hours in. When I sold it in 2016, the buyers had a great agent, and thankfully that same agent was now representing the same folks, this time as sellers. Because I had a really good idea of what Liz and Alex wanted, I was able to tell them with confidence that I thought this might be the perfect house for them. I even let my past sellers know that I now had buyers interested in their old house, which tickled them to no end.

As I had predicted, Liz and Alex loved the house. The worst part about the house when my sellers sold it was the very dated kitchen. The current owners had re-done the kitchen so it was super efficient and stylish. I shared with Liz and Alex all the good times and warm memories that I had in this house and what my sellers had done to the house, along with what was new since I sold it. I called the listing agent to let her know my buyers were really interested. We both remarked how strange but exciting it would be to work together again, on the same house. Liz and Alex wrote up an offer a hair over asking, and that was enough to get the sellers to joyfully accept our offer. Right after we finished up repair negotiations, a tree in the backyard fell over. Alex is an arborist and the sellers asked us for a recommendation for who they should call to have the tree removed, and Alex volunteered to do it himself on the next Saturday, his day off, which the sellers greatly appreciated. Good vibes all around.

When my sellers sold the house in 2016, the roof was nearing the end of it’s life, but still had a good 3-5 years left. This g0-around, our inspector noted that the roof was past due for replacing. The sellers were on it and with only a couple days to spare, the sellers had the roof replaced and we closed on time. I’ve been selling homes since 2007, and this was the first time I’ve sold the same exact home twice- once on each end. The sellers are remaining in the home for 30 days after closing, but I can’t wait to meet Liz and Alex next month to hand them keys!

 

 

 

Just Listed: Light & Bright Hillsboro Ranch

JUST LISTED: 2457 NE GRANT ST


Offered at $399,900
3 Bed | 2 Bath |  SF 1414 | MLS# 20106662  | Taxes: $2860
2457 NE Grant St, Hillsboro OR 97124

This well-maintained and inviting one level Ranch is the one! You’re going to love the fantastic layout, comfortable features and wonderful location!

Entering the foyer and into the living room, you are immediately greeted with vaulted ceilings and wonderful natural light. Open to the living room is a large dining room with plenty of room for relaxation and gatherings alike!

Make your way through the heart of the home and you’ll find an open concept kitchen with an eating bar that flows nicely into a family room. Big windows overlooking the backyard and a wood fireplace make this space feel both spacious and inviting.

The layout and flow throughout the home is easy to navigate and absolutely ideal for a home of this size. Through the hall, you’ll find a full bathroom and 2 bedrooms filled with great natural light. A lovely primary suite with two large closets and a lovely mirrored barn door to the bathroom.

This home has been carefully maintained with a newer furnace, A/C and double pane vinyl windows! Rounding out the home is a nice sized laundry room and 2-car garage with plenty of storage.

Step outside into a beautiful, oversized backyard! Established landscaping and greenery surround a patio ready for entertaining or lounging on hot summer days. Plus, you’ll love what bounty the warmer weather brings including roses, lilacs & mature fruit trees: apple, Asian pear, plums and grapevines. The yard is fully fenced for privacy which makes this a delightful space for entertaining and Fido-friendly too! Located in a quiet neighborhood walking distance to MAX, Shopping Center and Shadywood Park with trails and a playground. Easy commute to Intel, Nike and HWY 26. This is a wonderful place to call home!

More Information

I Love My Clients!

These fine folks, Abby and Andy, contacted me after our mutual friends
 Aaron and Mallory (and their Hillbilly Hilton as seen below)
talked me up to Abby and Andy when they said they were thinking about buying their own home. Turns out I love the friends of our friends. Andy and Abby are great people and wonderful clients.
It’s a short story-
We found them their dream house in SW Hills.
We had to compete but got the house.
We had fun doing it!
And tonight, we drink champagne together at their new home!
Let me know if you’ve got goals to buy a home for the first time or the tenth, I’m happy to help and fun to work with.

Keep the Faith People: A Success Story of a Zero Down Payment, First Time Home Buyer Experience

A Zero Downpayment in this market?- Yes!
Under $400k?- Yes!
Cute house in SE?- Yes!
The loan is ‘Just for Starters’ from OnPoint Community Credit Union
Our Rock Star loan officer is Adam Rousse @ Adam.Rousse@onpointcu.com
 
Keep the faith people-
It took four offers on four homes in four consecutive weeks but my wonderful first time home buyers with an eye for ‘cute’ and attention to detail found a wonderful home to call their own. They took possession of their new home two days before Christmas and it was a joy to play a part in helping these two find their first home.
 
My buyers contacted me this fall out of the blue. 98% of my clients come to me by referral, whether it is from past clients, friends, an office referral or a lender referral, but there is almost always some kind of context. When the buyer called me and said that they had chosen to interview with me based on information they had found online, I was really surprised, but thrilled. 
 
Thank you to all of you who have left a review! Your kind words are finding their way!
 
These buyers agreed to a meeting in which we go through the process of a purchasing and I take notes on their goals. This conversation usually ends with the ‘with what?’ question, which is one way to say; what is your budget and what is the down payment? 
When these buyers let me know we’d be under $400k, ideally closer to $350k with a zero down payment loan… I took a deep breath. I know this market and I know very well that there are more buyers than there are sellers. We had ourselves a bit of a challenge, challenge accepted!
 
Right away we got out and started to tour homes. We saw some great ones, terrible ones, underpriced ones and some clearly overpriced. We made three great offers and got beat out very clearly on two. The third we landed a back up offer and the fourth we got acceptance!
 
The inspections went well overall but there were a few items that any buyer would ask for so we made a good case for needed repairs, requests were presented with bids from trusted contractors. The sellers signed off on all requested repairs in the form of $4500 credit to the buyers closing costs!
 
When the appraisal came back $4000 over the negotiated sales price we were clear for landing. These really wonderful buyers had been able to leverage a great loan option to their advantage and scored a great home for their first home together.
 
It’s my honor to work hard and get great results for my clients. I work with both buyers and sellers and love the work that I do.  I, of course, couldn’t do it without my team.  Thank you Nieka and Carly! 
 

The Perfect Little House in the Shadow of Mt Tabor

My clients Elizabeth and Tom contacted me in early October. They were getting all their ducks in a row to start the home buying process within the first 6 months of 2021. After we spoke, Elizabeth got in touch with a great lender and it was after she spoke with the lender that they realized they were actually a lot closer to making home ownership a reality then they had anticipated. Once pre-approved, they realized that with rates below 3%, buying a home sooner then later to take advantage of the low low low rates was within their reach. Besides staying within their budget, location was the most important feature, and they knew they wanted to be as close-in as possible, preferably west of 82nd and within walking distance of places you would want to walk to and near transit so once the pandemic ends Elizabeth could easily get downtown to her job at Mercy Corps.

On our first outing to see homes, we saw a few homes and found a couple that they really liked. One in particular, in Madison South just a few spits east of 82nd seemed to check all the boxes. It was a home that has just been flipped, so from what I could see when we saw the house in person, it looked ok. There are always 2 parts of a house that I can’t see during a showing, and it’s those 2 parts that tend to have the most issues. The crawl space and attic. I always warn my clients up front that the crawl space and attic will make or break a house. Armed with the knowledge that the house was a flip and that I could not see the attic or crawl space, they decided to take their chances and write up an offer. For a house listed under $400k that looked to be in decent shape on the interior and had a nice floor plan, surprisingly it only had one offer. This is usually a sign of not great things, but hey- it meant no competition and since it had just been listed, they wrote their offer at just list price and not over asking. Their offer was accepted and we scheduled the inspection to happen within a couple of days. When we arrived at the house to go over the report with the inspector, I could tell by the look on my inspectors face that the house was a dud and all my concerns about it just having been flipped were validated. The crawl space and attic were total wrecks. Rats had chewed through a ton of the wiring, had made nests everywhere, even in the house ductwork. Rodent feces was out the wahoo and all the other terrible things that happen when rats move in were present. It was so bad that our inspector wasn’t able to inspect the whole crawl space or attic. We were all incredulous that the flippers who listed this house didn’t even bother to do any clean up or even try to cover it up. And it just added more fodder for my hesitancy in recommending recently flipped houses to first time buyers. My buyers terminated that very afternoon.

A couple of days later a cupcake little mid-century ranchalow just west of 82nd on the east side of Mt. Tabor in the SE part of Montavilla came on the market. Painted a perfect light blue/teal with scalloped siding frosting the front of the house, the curb appeal was delicious. This one hit all the same boxes as the Montavilla house, and this one felt even more warm and cozy. This house was not a flip and had been well taken care of by the previous owners. After sleeping on it, and before they even had their earnest money back in their pockets after terminating on the first house they had been in transaction with, they decided to go for it. This house did receive multiple offers and Elizabeth and Tom were able to rise to the top with a small escalation clause. For the second time in a week, they had an offer accepted on a great house. This house sailed through the inspection, and with just a couple of needed repairs that we were able to negotiate, the transaction was smooth from start to finish.

Brentwood – Darlington Workshop Dream!

My client, a renovator/woodworker, has been searching for a long time to find a property within Portland city limits that has both a shop for them to set up a woodworking space and also a large enough home to host a few renters to help with the mortgage. We were also looking for a home that needed minimal repairs to be move in ready and had a large enough basement that could be fit out for more rental space.

I knew this would be a difficult task given the number of homes I’d seen in the past that have adequate workshop spaces. They’re often run down and need a lot of work to get up to code, or highly sought after and at a price point that was out of reach. Especially with where the market in Portland is currently. Many people were on this hunt to also find a place where they could work remotely for the next months and years as the Coronavirus continues. 

  

When we found this home in Brentwood Darlington, we knew it was precisely what my client wanted. It met all of the criteria and was in a lovely area with easy access to major roads with a woodworkers dream shop out back! 

Of course, non of this could have become a reality without cooperation from the listing agent and having a strong teammate in Steph Noble over at Guild Mortgage. She and her team were incredibly communicative every step of the way, even working weekends to see this deal through to closing on 12/23. Just in time for my client to have a place to call home for their holidays!

2020 wasn’t only full of crap! 

2020 wasn’t only full of crap!

It goes without saying that 2020 has been a messed up year. Politics, COVID, and social unrest aside, I still find myself in a place of gratitude.  It is in times like this we see what really matters… Helping people! I am thankful for the amazing clients I get to help navigate this competitive market and come out on the other side victorious. Today Carson gets the keys to his new house, a place for him and his daughter to make home!

Proud Ground and Columbia Ecovillage for the Ultimate Co-housing Opportunity

My clients Laura and Umar contacted me in mid-October because they had just been approved to purchase a home at Columbia Ecovillage through the local community land trust, Proud Ground.  I absolutely love what Proud Ground does and any chance I get to work with a family who has been approved to purchase one of their homes I jump on the opportunity.

Land trusts provides permanently affordable home ownership opportunities for families making at or below 80% of the area median income level. The land trust legally splits the home from the land. The “land” remains in the trust in perpetuity, while the home can be bought and sold as long as the new homeowners make below the 80% median family income at the time of purchase. By taking the land value out of the equation, the price of the home remains affordable. Columbia Ecovillage is a multi-generational co-housing community in Cully made up of 37 condominiums and situated on nearly 4 acres of splendor. The units rarely become available, but earlier this year a unit did come on the market, and a couple of long term Columbia Ecovillage residents decided they wanted to have a family sized unit be part of Proud Ground. This couple purchased the unit and donated it to Proud Ground to sell, and bringing another housing unit into the land trust.

Umar and Laura had moved to China from Portland a couple of years ago when Laura got a job doing mental health work for an English-speaking school there. This past February, they decided to go to Cambodia for a 2-week holiday. While they were there, coronavirus starting surging in China and around the world, and their family wound up getting stuck in Cambodia and were not allowed to return to China. After weeks in SE Asia it became clear they would not be able to return to China to their home for an unknown amount of time- probably months. They decided to go with plan B which involved making their way back to Portland. They left behind most of their belongings in China, including work and personal computers, and someday they hope to return there to recover their stuff. Once they arrived back in Portland, thankfully they found a fully furnished apartment to land in. Laura was able to keep her job in China working remotely from Portland, but it did mean her hours were late given the time zone difference.

Umar is from Uganda and growing up in Uganda, daily life was lived more communally. When they heard about Proud Ground and found out about the unit for sale at Columbia Ecovillage, it seemed like the perfect fit. They stopped by and were welcomed in and given a tour by some fantastic residents there. They fell in love with the idea of moving into this village space with beautiful shared gardens, community spaces, a communal kitchen and large old home that the residents use for gatherings, meetings and socializing and being a part of a close-knit community. They applied with Proud Ground and were accepted into the program and the unit at Columbia Ecovillage was reserved in their names. And that’s when I entered the picture after Laura called me. We wrote up the offer, and of course it was accepted. As we were writing up the offer, Laura and Umar learned who the benevolent sellers were who purchased the unit to bring into the Proud Ground stable, and it turned out the sellers were the very same people who had given Laura and Umar and their 4 year old son a tour and spent time talking with them about the community, and it all made sense. Everything was smooth sailing until it came time for the final employment verification. With Laura’s employer based in China, it did make for some tense moments and caused a slight delay in closing getting that final verification, but in the end, the sale closed and Umar and Laura and their son joined Columbia Ecovillage as the newest residents.

 

 

Dream Team Finds it near Alberta Arts!

I’ve had the pleasure of knowing this family for 2 years through our mutual friends. We first met up in pre-Covid times at Case Study Coffee, across the street from Living Room Realty’s NE Alberta office. From that first meeting, I was impressed by their thoughtful questions and approach to home buying.
We searched for months for the perfect home for their family, and we found it this fall! It’s in a great location and had loads of character, but needed some updates. Luckily, a few well-timed October rains revealed some things during inspection. Plot twist: mushrooms growing in the rafters does not a perfect home make. BUT, just a week later, an even better home (complete with an impressive seismic retrofit) hit the market. Amazing location, great schools. We put together a compelling offer and it was a slam dunk! (Which is fitting, as the three of us, along with their lender, called ourselves the Dream Team.)
I’m going to miss working with these two, but I’m so excited for them as they settle into their new home and explore their fabulous new neighborhood.

Another WIN for First Time Homebuyers!

Congratulations to David and Mireille who closed on their first home on Monday. This is the ninth time (insert Ferris Bueller joke here!) we have helped first time homebuyers purchase a home in the last 4 months! Yes — low inventory and low interest rates makes this a sellers’ market, BUT the low interest rates work in our buyers’ favor too — they can afford to pay more for a house while keeping payments at a comfortable level. Moreover, first time homebuyers usually have an edge over competition as they don’t have a home to sell. They have good flexibility when it come to when they can close and take possession.

David and Mireille were flexible when it came to location, which is another hallmark of many of our successful first time homebuyers. Because they chose to consider homes in a broad swath of Southeast Portland, they found a cute and well maintained home in Brentwood Darlington that checked most of their boxes: three bedrooms, open concept living and dining, updated systems, and lovely outdoor spaces. It even has a a fun dining room peninsula from which their beloved cats can slink, play and pounce!

We know David and Mireille (and their kitties!) will have many happy years in their new home. Are you considering purchasing a home for the first time? Now is a great time to explore your options — Call us!

Winning the Multiple Offer Game in Kenton on the Perfect House

Nowhere in Portland proper on the east side is competition for what few decent homes are on the market fiercest then in N/NE Portland, and in particular Kenton, Overlook and Arbor Lodge and Concordia. Any decent home listed under $500k WILL get multiple offers. Going into the house hunting search, I warned my buyers Josie and Brandon of what to expect if they wanted to buy a house in those parts of town. First weekend we went out looking they found a house that was full of charm and had a great location. After seeing it, they went home, slept on it and decided to put in an offer. It was an a cute house but had an awkward layout, so they were only willing to offer so much. And unsurprisingly, they lost out on that house. And then a couple of weeks later another sweet vintage home in Concordia came on the market that checked most of the boxes. After we saw that one, they went home, slept on it and decided to put in an offer. And same story on this one- they were not willing to pay as high as it was going to go, so they lost out on that one.

We kept looking at houses and then a sweet vintage bungalow in the heart of Kenton came on the market. We went to check it out and the entire time we wandered around Josie kept repeating that this was their house, and they were willing to give it their all to get THIS house, and those other 2 houses were just practice houses. And because it was super cute, in great condition and in a stellar location- the ultimate trifecta- it received 7 offers. We put in an escalation clause and threw in some other carrots and thankfully the seller accepted Josie and Brandon’s offer! Transaction went smoothly and here they are- one month after having their offer accepted!

Envisioning Full Circle

Some things in this world seem very out of reach for many of us. Purchasing a home has historically been and currently resides a momentous feat for most. Helping first time buyers take that leap into home ownership is one of the most meaningful aspects of this career. Guiding their grasp on the reigns of the adventurous ride of first time home buying is always full of reward.

Today was particularly special in this experience. Today one of my clients became an American citizen and closed on their first home. In the same day.

In a year, in a world, in a transaction where little of this seemed obtainable, all the pieces came together. The truly biggest of Congratulations to this incredible family. It’s been a bounty of heartstrings pulling this one to the finish line. I am moved by the honor of being a part of this epoch day in your lives. Welcome Home.

Gratitude Month – a Shout-out to Our Buyer Clients!

Our Gratitude Month Continues! This time, a shout-out to our buyer clients!

Buyers put their trust in us to help them find and buy the right home. We are so grateful for their confidence and partnership as we work together to get those keys in their hands! We love these snapshots of happy buyers in front of their new homes!!!

   

   


About Us:
Over the course of their professional partnership, Aryne + Dulcinea have helped over 200 clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.

Maybe being in the dog house isn’t such a bad thing.

Being a renter for so many years Mike never felt he had the right space to grow his dog family.   Now that he is about to close on his first home he can’t wait to adopt his new best friend.   Mike’s home criteria; a big fenced in yard close to a park was at the top of the list along with office space and a great kitchen.  There were some great homes that checked all the other boxes, but if the yard or walkability didn’t feel good enough for his future pooch he quickly moved on.

His patience paid off as he found an adorable craftsman home with a nice big fenced in corner lot and short walk to Tabor.  His new four legged roommate will also be thrilled with the beautiful fireplace, perfect to curl up by after those chilly winter walks.  Some very good girl or boy is about to win the forever home lottery – not to mention the best dad ever.

I love working with animal lovers!

 

The long haul…

Sarah and Charles had been in the market for about two years. At a tough price point in a competitive market and with clear location parameters, their search was about the waiting game. To top it off, they were touring homes exclusively virtually, so being their eyes and ears was our goal. Like many buyers, vintage charm (or the potential for the restoration of charm) was something that was important to them. But, charm at this price point can often mean cramped spaces, awkward layouts, or other hurdles. So, when an older St. John’s home with the open spaces they were missing in so many of the others popped on the market, they jumped. They were not the highest offer, but they wrote competitive terms that created a strong case for them as buyers and they won! It was amazing to tour the home with them in person after so much distance and to see their patience pay off!

Get Out Your Favorite Pens Folks Because We Are About To Check ALL THE BOXES

Congratulations to Nathan & Isabelle!!

My clients are some of my favorite people! I’m proud to say my business is entirely referral-based which means there is a high level of trust naturally built-in to our relationship from the beginning.  Nathan and Isabelle were no exception. They were referred to me by Nathans’s sister, Jenn, who has been a client for years. As expected from already knowing Jenn, Nathan and Isabelle are some of the sweetest people on the planet. They were looking for a cute house with a yard and an oversized, clean garage. Nathan’s hobby is car racing so he needs a nice space to work on cars.

Nathan and Isabelle saw a good number of homes that didn’t quite hit the mark, but they were troopers and stuck with it. They knew exactly what they wanted and they were not willing to compromise. So, when this cutie popped up they knew it was the ONE and they were ready to jump on it!

The market is very competitive right now and Nathan and Isabelle were on board to put together a very competitive offer that was accepted without hesitation! I think it really helped that they had seen a lot of houses already, so they knew a gem when they saw it and were ready to fight for it. This house couldn’t be a better fit for Nathan and Isabelle! Seriously, it almost seems as if they manifested it, that’s what a great fit it is. They did the right thing by waiting for something that checked all the boxes!

Here’s to their new home!

To Be Young Again

It was so much fun helping Alex and Jessica find their first home and start their life together.  They have been married for 2 years, living with roommates as they saved for this.  All their hard work and patience to make their dream come true was supported by appreciation, eagerness, and excitement, which I simply found so refreshing and a privilege to be a part of.  Now they have a space for their big couch (a couch they bought together and love) and a yard for a new puppy!

Finding The Elusive Unicorn In Record Low Inventory

Eva and Ben are a young newlywed couple looking for their first home. When I first met them we hit it off right away. They were eager but they needed guidance. I knew I could help them find their first home where they could build their lives. They asked to see a home right down the street from their current rental. They already loved their neighborhood in Milwaukie and the move, should they get the home, would be a cinch!

Because they were just starting out in their journey, I hooked them up with my favorite mortgage banker at OnPoint, and as a result they received their approval in a matter of days! Sadly, the house that we had seen in their neighborhood that they loved had gone pending. This market is FAST, y’all! I sent them other listings for a few weeks but they just couldn’t get that first home out of their minds. Then, out of what seemed like kismet the house came back on the market! They quickly called me to go see it again. That was it. The second look just confirmed that they loved the home, the location and the layout. They wanted to make an offer.

Now, this rarely happens that the first and only home a client sees is the one that they make an offer on and it is accepted right away, especially during this tough market for buyers. But this was the unicorn agents and buyers are always looking for! Offer accepted! As first time home buyers, I made sure to walk with them every step of the way. Thanks to their perseverance, quick decision making and hiring themselves an agent that goes the extra mile they finally have a place they can start their lives as a married couple after saving for so long! Congrats to my wonderful clients!

First time home buyer? I’m here for you! Contact me 503.267.0923 or savanna@livingroomre.com

 

Chloe & Alex found the ONE!

Congratulations to Chloe & Alex!

Meet Alex and Chloe, first time home buyers looking for their first home together. They are whip-smart, fun, and data-oriented, which, of course, made me want to work with them from our first introduction! …But, Alex really got me when he said he was looking for an agent who wouldn’t just tell him what he wanted to hear. BINGO! We were a match. And, as expected, it was a joy to get to dive into the details of the process with them and give them my honest opinion throughout.

The market is very competitive for buyers right now so when Chloe and Alex found the house that checked all the boxes plus tugged at their heartstrings, they were ready to pull out all the stops to make it happen! Plus, I think there was a little extra fairy dust sprinkled on this one because even though there were 2 offers higher than theirs, the terms of the sale were strong enough that they managed to get into first position and breeze through the sale. We even closed a week early! Big shout out to JJ Lee Kwai at Two Rivers Mortgage for making that happen!! I’m so happy for Chloe and Alex. 

One more note, Chloe and Alex were referred to me by way of a wonderful past client who I had the chance to catch up with at my Social Distance Party this Summer. Hooray for referrals! My business is built on referrals for a reason and Chloe and Alex’s experience was a great example of why referrals are important. We build trust a lot faster when a friend has already vouched for the top-notch experience they can expect from me and my team. This especially makes a difference in our current competitive market. Chloe and Alex trusted my advice and it made all the difference in getting the home. 

Horray for Alex and Chloe!

Hazelwood Mid-Century Gem

 

In January, Sam and Nick moved to Portland from Minneapolis for work in pursuit of a neighborhood that reminded them of their former NE Minneapolis neighborhood. Being from Minneapolis myself, I was especially excited to show them around town.

We toured close to 20 homes from St. Johns to Milwaukie. They settled on an impeccable Mid-Century ranch located in the Hazelwood area of Northeast Portland. This wasn’t on our initial list of neighborhoods, but when they saw this particular house and neighborhood – they knew it was the perfect fit for them!

Finding the right home with all of the amenities they were looking for, which included: Mid-Century aesthetic, bike storage, closeness to Portland, yet also being close to areas that they could go mountain biking was so important to them.

Upon submitting our offer, we found ourselves in a multiple offer situation. But after many conversations with the Listing Agent, Scott Shoji of Living Room Realty, we submitted a creative offer that we felt really spoke to his sellers. Then we waited.

Two excruciatingly long days later we received a call from Scott. Sam and Nick’s offer was chosen! I believe that great communication on all sides, assurance of working with a trustworthy lender, the ability to meet the seller’s needs and creative solutions helped them win.

Working with Sam and Nick to find their first home was an absolute pleasure and I am so thrilled to see them in this beautiful home. It is truly perfect for them.

   

   

   

   

Navigating with integrity 

When Jill and Chris were offered the opportunity to relocate to Portland for work, they knew one of their goals would be finding a place to call their own. With trusted friends already located in Portland, they were fortunate to have people to lean on as they carved out their first step. Luckily for us, their friends pointed them our way and we began the first time homebuyer hunt, which in a competitive market and price point, can be daunting. Jill and Chris were realistic and driven. This perspective and the willingness to throw down the gauntlet to win, landed them a fantastic home in an incredibly scarce price point inside of 82nd. We made it through some large surprises during inspections, Jill and Chris always keeping in integrity to the terms they wrote to win the home. They are great people that are emerging victorious because of their dedication and openness to counsel in an often challenging market. We are so honored to have helped them and to have them in our amazing network of clients.
Jessica LeDoux
realtor + warrior + advocate

First Time Buyers and a Piedmont Cutie

Lisa and Matt and their 4 year old son had been renting an apartment in Irvington and were ready to branch out and buy their own home. Their needs were pretty simple- at least 2 bedrooms, cute/vintage, reasonable condition, a yard to play and garden in and relatively close to where they had been renting in inner North/Northeast. And a basement would be the cherry on the top. We looked at a few homes and even a condo that was a condo conversion from a 1960’s complex that was similar to what they had been renting. We found a great home that met all their needs within a few days. A house that had been sitting on the market with no action for nearly 3 weeks. We wrote up a great, full priced offer, and what do you know- someone else decided that day to put in an offer as well. The house seemed to have some condition issues and the other buyers offered a 2-week close, meaning it would be nearly impossible to negotiate repairs, let alone have any repairs done, prior to closing. So when Lisa and Matt’s offer was not accepted, there was a little heartbreak which was quickly dealt with via some condolence vermouth. But then, the very next day, a cuter-then-a-cupcake circa 1940 bungalow came on the market in Piedmont. We went to see it and I could tell my buyers were in love. Given it was cute, well priced, and in a fabulous location, it did receive multiple offers and Lisa and Matt were able to beat the other offers with a super clean offer and a small escalation clause. The inspection revealed a few issues including the need for a new roof, furnace and other old house stuff that was past it’s useful life. Thankfully the sellers were great and we were able to negotiate a fair credit amount and a small price reduction to account for the work needed. And then my favorite day in the whole transaction arrived- closing and key day!

Light-filled Belmont Bungalow

Light-filled Belmont Bungalow

718 SE 32nd Ave | Portland, OR 97214

Offered at $585,000 | ML #20262880

3+ Bedrooms | 1 Bathroom | 2,607 SF

Winter is coming! What better way to beat the Oregon grays than with a home filled with windows and light? Perfectly situated within blocks of Laurelhurst Park, Sunnyside Environmental School, H-Mart, Stumptown Coffee, The Liquor Store and some of the city’s best dining and shopping, this west-facing charmer sits high up off the street and features a covered front porch, hardwood floors and period built-ins. A light and bright living room with wood burning fireplace flows to a formal dining room with a built-in window bench with storage, which in turn opens up to the beautifully updated kitchen, finally transitioning to the back yard via french doors with a large deck and patio area for outdoor dinners and grassy area for kiddos and pets. Large hedges provide privacy galore. Working from home? There is a large upstairs workspace perfectly appointed for your home office needs. Basement has loads of potential with a workshop space and room for an ADU or anything you can dream up. 

Click here for Virtual Tour

 

Love Story

Today I handed off the keys to some wonderful clients and friends.  I am so so excited for this amazing couple and their young son to grow and live in their sweet house with the best, biggest yard.

Our journey started when they were just 2, with baby on the way.  They knew that as first time home buyers with limited funds they would need to look carefully, and that it would take time.  Their patience and understand was amazing!  Despite putting offers in and being beaten out time and again on multiple houses, they dusted themselves off and declared that their house was out there, just waiting for them.

Now that cute baby is 11 months old, and it’s been about a year since we started their search, but they were right; their house was out there.  Being fixed up by loving family members who wanted the house they had grown up in to be a home again, to welcome a new family.

I can’t thank Casey & Brian and baby Eamon enough for letting me be their friend and guide on this journey.

-Daisy.

JUST LISTED: Darling Lents Ranch

JUST LISTED: 6134 SE 102ND AVE


6134 SE 102ND AVE, Portland OR 97266

Offered at $319,000

3 Bed | 1 Bath | 943 SF | MLS#  20344559 | Taxes: $3319

OPEN HOUSE: Saturday 8/15 11am-1pm

VIDEO TOUR


Wow! This well-maintained and inviting one level Ranch is cute as a button and lives large! Situated on an oversized lot with a large front and back yard you’ll notice the open feel right away. This home has been carefully maintained with the added bonus of a newer roof, furnace, hot water heater, and double pane vinyl windows!

Entering into the heart of the home is an airy living room with classic hardwood floors, plenty of natural light and a wood-burning fireplace for cozy evenings. Nestled between the living room and kitchen is an excellent dining area, perfect for entertaining and intimate dinners at home.

Flowing easily into a freshly updated kitchen touting new countertops, eating bar, stainless steel appliances, ample counter space, vinyl flooring, new light fixtures, fresh paint, and a lovely garden window.

The layout and flow throughout the home is absolutely ideal for a home of this size. Through the hall, you’ll find three bedrooms filled with natural light and ample closets. Also, a roomy bathroom with double sinks and stylish updates.

There are a generous laundry room and mudroom in the garage for your convenience.

Rounding out the home is a huge, fully fenced backyard with plenty of room to roam and tons of potential! A great space for gardening and outdoor entertaining. And, Fido-friendly too!

The garage offers room for storage and with two full driveways, you’ll have the extra space you need for RV or boat.

This home sits on a quiet street close to multiple parks and offers easy access to HWY 205 and all the shopping the heart of Lents offers.


UNICORN FOR UNICORN

I am one of those rare folks who grew up in Portland. Some people call us unicorns. Certainly, I love unicorns, but we aren’t as rare as all that.

Being a 4th generation Portlander brings many advantages. One advantage is that you can drive around in the deep green hills and BAM! A long-lost memory from when you were 5 years old, flying between trees on a zip line comes rushing in. Or is that a liability? At any rate …

With respect to real estate, it’s especially meaningful when you are asked to help dear lifelong, likeminded unicorn friends with their real estate needs. In this case, I was asked to scope condos in the Goose Hollow area of town. A pleasure!

The Portland condo market is not super hot right now, but certain buildings, such as the Legends Condominiums are doing just fine. Units in this building go pending as fast as they hit the market. And this corner unit was perfect for my client.