Tag: Jasmine Deatherage

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

Posted on by Living Room Realty

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

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

Posted on by Living Room Realty

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.

 

 

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

Posted on by Living Room Realty

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!

What it takes to make the dream come true!

Posted on by Living Room Realty

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.

 

 

JUST LISTED: Arbor Lodge Beauty

Posted on by Tracey Henkels

JUST LISTED

6947 N ATLANTIC AVE, Portland, OR 97217

Offered at $775,000

4 Bed | 2.5 Bath | 2,430 SF | MLS# 22124079  | Taxes: $6,203 | 0.23 Acres

OPEN HOUSES:
Friday 2/11,   4 PM – 6 PM & Saturday 2/12,   9 AM – 11 AM

VIDEO TOUR

Come see for yourself just how much space, charm, and value this house has to offer! Brimming with updates and charm, plus an oversized yard, you’re going to fall in love with this gorgeous home! Upon arrival, a roomy front porch, beautiful garden beds, and mature landscaping greet you.
As you enter the living room, you’ll find a flood of natural light coming from the large front-facing windows, lovely classic wood molding, high coved ceilings, and the ideal open floor plan. The adjacent dining room boasts lovely leaded glass windows and box beams, a true vintage dream. While this home maintains much of its original character, the updated kitchen has a Wolf gas range, stainless steel refrigerator, disposal, dishwasher, and granite counters. And the far end of the kitchen opens nicely into a light-filled breakfast nook – perfect for enjoying your morning coffee! 
Just off the main level living area and tucked to the side you’ll find a darling bedroom that looks out onto the backyard, along with a full bathroom with walk-in shower.
The layout on the second level is ideal, with a charming light-filled primary bedroom, big east-facing windows, two skylights, a ceiling fan, and a large walk-in closet with closet organizers. A spacious second bedroom sits adjacent to the primary bedroom with great natural light from south-facing windows, plus a ceiling fan and closet. And rounding it off is the roomy full bathroom with a large soaking tub, two adorable pedestal sinks, huge stand-up shower, pretty blue tiling, and charming vintage windows with leaded glass. A perfect space to relax! 
Make your way back downstairs and just off the kitchen you’ll find a mudroom area with exterior entry to the backyard. A staircase leads down into the large finished basement, where the flex space provides so much opportunity. Easily imagined as a guest bedroom, a TV/family room, an artist studio, a reading den – there are endless options! Don’t miss the permitted half-bathroom and laundry area, and of course, tons of storage space! 
Head out the backdoor and check out how much space there is to play and roam! The yard is huge, the landscaping is mature and includes a gorgeous Deodar cedar tree, plus an adorable lean-to shed with an additional covered area and plenty of patio space so you can enjoy the outdoors in any kind of weather. 

Don’t miss the fabulous enclosed hot tub and oversized garage with attic storage and work space.

There is plenty of space for RV or boat parking!

This gorgeous and inviting bungalow offers an abundance of living space, plus so many delightful features! The home is close to many parks, cafes, shops, and grocery stores. Welcome home!

New Memories to Make in St. Johns

Posted on by Tracey Henkels

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.

Moving closer to grandkids and family! Yay!

Posted on by Tracey Henkels

Congratulations to Mark and Mary Jo!!

I just had the privilege of helping Mark and Mary Jo buy a wonderful condo! I met them because their son, Chad, is one of my dearest clients and Mark and Mary Jo wanted to be closer to Chad, Libby and the Grandkids. This is truly one of the best parts of my job- helping families stay connected or become closer. 

We were able to find Mark and Mary Jo a wonderful single-level condo in a sweet Hillsboro location and it checks all the boxes! It was a great transaction and I would like to take this opportunity to point out that when we help clients buy condos we highly recommend they do a review of the HOA docs with an attorney. As real estate agents, we cannot give legal advice so an attorney is integral to deciphering all of the HOA documents, rules, budget etc. In this case, we used Janet Grayson from Grason Law because we have worked with her many times and we know that she is thorough. This was such a big help to Mark and Mary Jo, as it is for all of our clients buying a home within an HOA. Thank you to Janet!

Congratulations and Cheers to Mark and Mary Jo! Here’s to building new memories with your sweet grandkiddos!

This party is just getting started!!

Posted on by Tracey Henkels

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

JUST LISTED: Exceptionally Renovated Classic Craftsman

Posted on by Tracey Henkels

JUST LISTED

 

Exceptionally Renovated Classic Craftsman

4114 SE 14th Ave, Portland, OR 97202 

Offered at $799,000

4 Bed | 3 Bath | 2002 SF | MLS#  21169366  | Taxes: $6,644

OPEN HOUSE: Saturday, October 30th 11AM-1PM

Video Tour

Gorgeous, remodeled Craftsman with hard-to-find custom woodwork detailing and built-ins, an impressive list of updates and character galore! Approaching the home, you’ll love the lush landscaping, Dutch front door and picture-perfect front porch!

This unique craftsman home has been modernized at almost every turn and it shows! To start, the home features updated cedar siding, beautiful energy-efficient wood windows, and upgraded insulation throughout the home. As you enter, the living and dining rooms are light and bright with gorgeous hardwood floors. The living room glows with a gas fireplace surrounded by a custom mantle and built-in shelving. The dining area touts a sweet corner custom-built wood storage bench with windows that let the light pour in and wrap around you.

The floorplan has great flow, smoothly transitioning you into the stylishly remodeled kitchen with stainless steel appliances, classic tile flooring & backsplash, custom island, quartz countertops, and lots of counter space. Just down the hall from the kitchen is a conveniently located full bathroom with a claw foot tub and bedroom/den/home office across the hall.  A large back porch just off the kitchen offers ample space for outdoor living complete with gas hook-up perfect for your outdoor grill.

An exceptionally beautiful wood staircase leads you upstairs to a magical bonus room that you’re going to love! It’s midway up the stairs, just perfect for little ones, furry friends or whatever your heart desires. Moving all the way up to the top level, you’ll find an awesome family room on the landing with built-in speakers and big, beautiful windows. The primary bedroom at the end of the hall is very spacious with vaulted ceilings and double closets with built-in closet organizer. The en suite bathroom features a walk-in shower with double heads and a lovely cedar sauna. Just down the hall is another large bedroom with tons of windows and natural light.

Winding down the stairs, the mudroom surprises you halfway down to the basement and offers a convenient side door off the driveway, just perfect for unloading the groceries. This mudroom is thoughtfully designed with heated tile floors, custom wood benches and wood shelving/hooks. One of the coolest features in this room is a set of built-in dog bowls & a faucet so refilling their water is a cinch!

Making your way down to the basement, you’ll find a spacious room with built-in shelving, bright overhead lighting, and custom blinds.  This area could be easily imagined as a private guest suite, media room, home office, or the coveted 4th bedroom. The adjoining room is the ideal utility room with a laundry platform, hanger bar for drying clothes, counter space, built-in shelving and a vintage double utility sink.

The backyard is beautifully hardscaped and connects the home to an oversized one-car garage with lots of additional space. This was custom built as a woodshop with ducting for a ventilation system, skylights, many windows, built-in shelving and a large loft. The sky is the limit for what could be imagined for this space!

You will love this sought-after close-in SE location in the Brooklyn neighborhood, just blocks from Brooklyn School park and Winterhaven School! It’s a fantastic neighborhood for walking and biking. Plus, an easy commute to downtown or to I-5!

 

 

Updates and Features

  • A/C (2017)
  • Foundation with earthquake protection (2006)
  • New basement slab (2006)
  • Plumbing updated with pex and copper throughout (2007)
  • Electrical panels and wiring updated throughout (2007)
  • Double pane wood windows (2007)
  • Roof with architectural shingles (2007)
  • Upgraded insulation throughout with spray foam (2007)
  • Dry wells each corner of house (2006)
  • Radon mitigation system (2014)
  • Garage has an electrical subpanel with meter
  • Garage is plumbed for dust collection system

Thank you for being a friend!

Posted on by Tracey Henkels

Congratulations to Laura & Her Kiddos!!

Laura is a good friend of my teammate, Jasmine Deatherage’s and I’m so glad I met her! She is so bright & funny!  And now, Laura just closed on that house!! It’s a super unique A-Frame with tons of exposed wood and a fantastically updated upper level.

Another great part of Laura’s story is that she was able to use funds from the Portland Housing Center’s IDA program to help pay for her closing costs! I highly recommend that you look into this program to see if you or someone you know might qualify. HERE is the link!

Jasmine and I wish Laura all the best in her wonderful new home!

 

Congratulations Jessi and Lily!!

Posted on by Tracey Henkels

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!