97202 : Real Estate Advice

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Carolyn Baty, Home Buyer in Portland, OR
Carolyn Baty asked:
I think you have posted an ad that is a scam. I would like to forward you the email communication I am receiving. Where do I send it? The ad is for a home at 2756 SE Bybee, Portland, OR. It is advertised for sale at $100,000.00 which is way below market. I responded and got an email that is a rent to own scam and I suspect…
0 votes Share Flag Tue Sep 29, 2015 Home Buying in 97202
wallisxd45, Home Buyer in Portland, OR
wallisxd45 answered:
I received a notice someone was interested in my ad. I pressed the REPLY button and this came up: You don't have any rental listings on Trulia
This may of happened due to me veiwing your site. I did not request any info?.
0 votes Share Flag Fri Mar 14, 2014 Using Trulia in 97202
Linda Heinri…, Real Estate Pro in Lake Oswego, OR
Linda Heinrichs answered:
what % of Llewellyn School is on free or reduce lunch?
I love the Great Schools website www.greatschools.com. Not only will you get information about free lunches, but you will see the demographics of the school, test scores and parent rev ... more
0 votes Share Flag Tue Jul 2, 2013 Home Buying in 97202
Rich Golze, Real Estate Pro in Vancouver, WA
Rich Golze answered:
We have a duplex rental that we would like to sell to our daughter and her husband on a contract... what tax issues could arise out of this?
Ok you have a couple issues here:

Capital Gains Tax Exposure and Recapture Exposure.

Provided that you have owned the duplex for more than two years and have not lived in either s ... more
0 votes Share Flag Tue Nov 1, 2011 Home Selling in 97202
Wendy Boso, Real Estate Pro in PLTD, OR
Wendy Boso answered:
What do I do when a selling agent won't respond to my offer within an acceptable amount of time? He won't return calls or emails.
Dear Justin,

As frustrating as it is, your offer may not have been something the seller was willing to consider. In this case most offers which are presented and the seller is not wi ... more
0 votes Share Flag Wed Sep 22, 2010 Home Buying in 97202
Aaron Majors, Real Estate Pro in Portland, OR
Aaron Majors answered:
Does a home sell faster when there are open houses scheduled regularly? How often should you have open houses?
Hi Michael,

Good Question. I concur with most these agents. Price and location sells a home from my experience. However i don't think that means an agent shouldn't do any o ... more
0 votes Share Flag Wed Sep 30, 2009 Home Selling in 97202
D,  in Oregon
D answered:
can i buy duplex as a first time homebuyer and still get the tax credit? Can i have a co-signer and still get the tax credit?
Hello,

If someone else will be living in the property with you, you can apply to purchase a duplex together as owner occupied. The tax credit still applies on a duplex. Many acco ... more
0 votes Share Flag Mon Sep 14, 2009 Home Buying in 97202
jewel Robins…, Real Estate Pro in Portland, OR
jewel Robinson answered:
Is it reqiured by law to disclose that a property is part of a probate that must go through the court?
The impact of the disclosure of probate could have minimum affect on the marketability of the home. A buyer might think that escrow take more than the average 45 days (in today's market ... more
0 votes Share Flag Fri Jun 19, 2009 Home Selling in 97202
Janeese Jack…, Real Estate Pro in Portland, OR
Janeese Jackson answered:
How does one tell if their agent is doing an effective job selling their property? Is it enough to just list?
Michael,
When your agent listed your home they should have presented a marketing plan for the sale of your property. With over 90% of buyers starting their search for their next home ... more
0 votes Share Flag Fri Jun 5, 2009 Home Selling in 97202
Tom Inglesby, Real Estate Pro in Portland, OR
Tom Inglesby answered:
How can one estimate the time it will take to sell a home?
Check the comps and go out and preview what has sold in your area. Compare not with what is for sale but look at homes that have sold with in 1/2 mile and in the same school district in ... more
0 votes Share Flag Fri Jun 5, 2009 Home Selling in 97202
Dirk Knudsen, Real Estate Pro in Hillsboro, OR
Dirk Knudsen answered:
Back-up Offer Question - How to write!
Sandie...

This is a tricky area. You need representation. You should not have to ask that question on an Open Forum like this where you are not sure what your doing. I agree with ... more
0 votes Share Flag Sat May 23, 2009 Home Buying in 97202
Salt Lake Ag…,  in Salt Lake City, UT
Salt Lake Agent Rob Aubrey answered:
What does it mean when a FSBO lists one price..?
There is no such thing as below market value. Market value is whatever a buyer and seller agree to. However it is possible that the home is belwo recent solds. If that is the case then ... more
0 votes Share Flag Wed Sep 12, 2007 Foreclosure in 97202
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