Tag: portlandrealestate

Closed: From City to Lake Life!

Posted on by Olivia Rush

Congratulations to Amy, Steve, Ella, Taz, and of course Lucky! They just concluded a real estate marathon, which began in February 2023 with our first text.

[For context – I’ve known this incredible family for 13+ years. I took over Taz’s kinder class during maternity leave, and Ella looped with me for 4th and 5th grade.]

The race was grueling, but they kept their eye on the prize. There were stops and starts, uphills and downhills, times when we didn’t know if we’d finish, and lots of digging deep.

I couldn’t begin to tell the whole story – it could become a 6-part drama mini-series. What I can tell you was that over the course of 17 months, we planned, prepped, strategized, searched, checked in, laughed, toured, commiserated, regrouped, bounced back, kept calm and carried on.

The result – one home sold, one home bought. The race course was anything but linear. But the little house on the water kept coming back (on market, and into Steve and Amy’s hearts and minds).

This transaction was magical. The goodwill, the communication, the patience, the understanding and mutual trust that developed over about 5 months between seller, buyers, and agents – it was nothing like I have ever experienced. I can’t describe it. You had to be there.

Leaving their beloved Overlook home and community of 14 years was an extremely tough decision. Looking at this view, I think it was worth it.

MASSIVE CHEERS YALL!

Beaumont-Wilshire Charmer

Posted on by Martin Cross

You’ll just love this beautiful 1938, 4 bedroom 3 bath home is loaded with charming, vintage details, many of which are newer, but crafted to match the era of the home. On the main level you have a large, light filled living room with gorgeous period fireplace with gas insert, updated kitchen and bath that were both redone to uphold the wonderful vintage styling of the home and two bedrooms, both with access to the backyard deck and delightful backyard. 

The upper level features the fantastic primary suite with hardwood floors, vaulted ceilings, built ins, skylights and bathroom.

The lower level has access from the main floor or outside which lends to the potential for a lower level ADU. Warm and inviting family or media room, 4th bedroom with egress, laundry facilities and lots of storage. 

The home sits on an oversized 75 x 100 lot which may offer room to build. Comes with an enormous three-car garage with attached garden shed, a lovely fenced backyard with both deck and patio, a rose garden and mature trees. 

Recent updates include, new south side Marvin infinity double hung, lowE2 efficient windows with transferable warranty, new electrical service and panels for both the home (200 amp) and garage (100 amp), attic insulation and new backyard fencing.

The sweet neighborhood is quiet and full of lovely neighbors. It’s situated between the Albert Arts district and up and coming 42nd Ave. And just a short distance from Fremont St and all that has to offer. Plus it’s just short walk to the infamous Kennedy School, Common Grounds and New Seasons grocery. 

Opportunity in Eastmoreland!

Posted on by Martin Cross

Just Listed! 3660 SE Henderson, Portland, Ore. 97202

This classic farmhouse is just waiting for someone to come and love her back to her original glory! Tons of potential & priced to sell! Wood floors, 2 bathrooms and tall ceilings! Large backyard with RV parking and tool shed. Full basement has 9 foot ceilings, it’s own bathroom with inside and outside entrances. Could be perfect finished or converted into that ADU you’ve always dreamed about. Close to Woodstock and Sellwood districts to enjoy some of Portland’s best shopping and dining areas.

Offered at: $369,000

Real Estate and The Estate.

Posted on by Martin Cross

I do a lot of work with estates. These transactions are typically much more involved than the typical real estate transaction. There has often been a death in the family, and besides all of the emotions that come with death, there usually comes a huge, overwhelming to do list involved with clearing the estate and getting the house prepared for market.

The home is usually full of the owners possessions, and often the heirs have no idea what to do with them beyond distributing what items the family members may want. I help them sort through the different ways of accomplishing that whether via an estate sale, dividing among family members or simply hiring a clear out company. 

After the estate is cleared, then there is the home cleanup and repairs. This can consist of everything from a simple cleaning to extensive repairs to different aspects and systems of the home.

This all needs to be coordinated and accomplished while offering compassionate support to the estates personal representative or trustee as well as other heirs. Combining my 25 years working with estates as an antique and art dealer with my life as a Realtor I’m uniquely positioned to happily offer this type of specialized assistance.

Opportunity in Rose City Park!

Posted on by Martin Cross

This great Dutch Colonial is just waiting for someone to come and love her back to her original glory! Tons of potential & priced to sell! Hardwood floors, wood burning fireplace and tons of windows! Full basement with inside and outside entrances could be perfect finished or converted into that ADU you’ve always dreamed about.

A New Condo Just In Time For The Holidays.

Posted on by Martin Cross

Kris sent me a text in early November saying that she wanted to start looking for a condo. The end of the year isn’t always the most opportune time to go house shopping because there are less homes on the market. Both because people don’t want a bunch of potential buyers tromping through their home in the winter time, and they don’t want to disrupt the flow of their holiday celebrations.

Buying a condominium requires a bunch more patience than purchasing a home to begin with, because there are several other layers of complication. The largest of which is finding a condominium complex that has a good homeowners association (HOA) that is well run, well financed and free of any current, or upcoming assessments that require big outlays of cash by the owners, new or old. To increase our challenge, Kris was buying using an FHA loan. The Federal Housing Authority requires that for buyers to purchase a condominium, the complex must be an FHA approved complex. This narrows the field of options quite a bit as many condominiums don’t want to, or don’t qualify to go through the process to get “FHA certification“.

Undaunted and full of patience we started our search with realistic expectations. At the time, there were only four condominiums available that were FHA approved, and only 3 that were within her desired price range. We visited all 3 and 2 were immediately ruled out for condition and/or guest parking situations that were completely inconvenient.

There was one possible contender that was well-maintained, had some recent updates, and had a layout that she liked. However, it backed right up to a freeway, and also not only had a situation where guest parking was less than ideal, it also was a huge complex that was half used as rentals that were managed by a separate management company. In reading the reviews of the apartments it seemed like it could be a place full of challenges.

Kris was just about to ask me to write an offer on it anyway when another condominium, in a different area, had a serendipitous price drop. The price was still slightly outside her comfort level, but after we assessed the benefits of a quieter, prettier complex with convenient guest parking and the likelihood that these features would increase the ability to resell should the time ever come, Kris was convinced that we should go for it.

As often happens in a market like this, once a property experiences a price drop, it can suddenly become one that several buyers are interested in. As such, we entered into a competitive offer situation, but emerged, triumphant and began the transaction process!!

As mentioned before, on top of the typical hurdles of buyers inspections and the property needing to appraise at value, usually the biggest challenge in purchasing a condominium is the research and analysis of the homeowners association, and how well it is run. There’s a special time period in real estate transactions for the buyer to do their due diligence and thoroughly investigate all aspects of how the HOA is run. Fortunately, in this case, once the seller provided us with the piles of documents required (meeting minutes, bylaws, reserve study & CC&Rs, etc) Kris’ analysis showed that the HOA was very solid, well funded and run well.  On top of that, the property inspected well and the appraisal came in above sales price!

Just a few short weeks later, I was privileged to be able to give Kris the keys to her new condo just in time for the holidays!

Selling During A Market Shift – A Good Story

Posted on by Living Room Realty

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.

Priced out of Portland & Vancouver? Consider the move to Longview!

Posted on by Martin Cross

It’s getting tougher every day for first-time home buyers to purchase in the Portland metro area. But if you’re willing to expand your search, buyers can get a lot more bang for their buck just an hour north in Longview, Wa.

For example, this fully remodeled 3 Bedroom 1 bath home, complete with a garage and large fenced yard, can be found in the mid $300s. All in a quiet neighborhood and close to a beautiful lakeside park.

If you or someone you know is looking to buy or sell property in Oregon or Washington, give me a call!

 

Bridge photo credit: Nathan Holth

Midcentury Time Capsules like this don’t come along every day!

Posted on by Martin Cross

This large 1955 custom built daylight Ranch is a midcentury modern classic with Mt St Helens View! Van Laeken was a premier modernist builder of the day and it shows in every detail! Built in cabinets throughout, custom tiled baths, high end wallpapers and hardwood floors are just a few of the outstanding details of the period.

5 bedrooms, 3 baths, 3 fireplaces, 2 family rooms, formal dining area and large living room with huge front window just add to the warmth and charm. .20 acre lot with large partially covered patio is just begging for your entertaining ideas. 3 bedrooms on the main floor and 2 more plus an office on the lower level offers tons of flexibility and ADU possibilities!

Just 3 blocks to Fernhill park, and walking distance to Kennedy School, New Seasons and tons of local eateries and watering holes!

Apparently cats approach buying a farm very differently.

Posted on by Martin Cross

Buying or selling a home in normal conditions is one of the most stressful things a person can do. Right up there with getting married or moving across the country. Selling one home while trying to buy another one contingent upon the sale of the first takes the stress level up 10 notches. If you run into any friction along the way such as complicated repairs or negotiations, stress levels go through the roof!!

But with experienced, cooperative agents on both sides, level heads on the part of both buyers and sellers and holding onto the idea that everyone wants the same thing, which is to close the deal, we can usually make it to the finish line!

This is exactly what happened to Zippy & Spark. They were selling their North Portland home while also in contract to buy a farm in Washington when extensive and complicated repairs were discovered in the inspection process. Getting bids from contractors and finding one with the available time to start the work quickly raises the level of stress and possibly increases the time it can take to close the deal. Thus, possibly putting at risk their ability to close on the farm purchase.

But with my extensive list of contractors to call, cooperation from the other broker who kept her buyers hopes up and especially with encouragement, expert advice and consultation from mine and my sellers friend and Realtor Dale Schiff, along with tenacity on the part of my sellers who dug in and contributed time and effort to get the job done, we were able to get the repairs negotiated and completed in less than two weeks so we could close of the sale on their home and the purchase of their new home could be completed.

Apparently, cats approach buying a farm very differently.

Charming Richmond Division Bungalow!

Posted on by Martin Cross

This sweet vintage bungalow features all the charming period details that you crave like large open living spaces, fir floors, large covered porch & fireplace.

Ideally located just off coveted Division St. with restaurants, shops and nightlife within steps of your door. 

The huge backyard, unfinished attic & full basement are all waiting for you to take this sweetheart to the next level.  Basement has an outside entrance too for possible ADU and the attic is just waiting to be converted into a large owners suite. Walk and Bike Scores both 94!