The first step in finding a property that fits your needs is to confirm with a lender what you qualify for and what type of loan program works best for you. The next step is to contact a realtor so they can start looking for properties for you. I know the Oregon City area well if want to contact me. I wish you the best on your move to the NW.... more
Hi - The answer for you lies in whether you "have" to sell, and or are considering keeping it long term to be a rental property. Do you have the financial resources to move on to where you want to me with keeping it, knowing it will require time and some attention? So, pros of selling- immediate closure, payoff of the loan (if you have one) and ability to keep your life simplier without the responsibility of maintenance and landlord issues. Questions for you to consider - have you looked at what the market value is right now? Can you sell it for what you would like to get? How popular is the location, and what condition is the house in? With todays market, homes need to be priced correctly and in a clean staged condition for quickest sale. With renting/leasing you need to carefully screen applicants as the home can obtain excessive wear and tear depending who is living in it, and whether pets are allowed. Do you want to hire an agency to rent it and oversee all interactions? This would include maintenance calls, rule enforcement, general yard upkeep? When it comes time to sell in the future, at a minimum homes after rental often need cosmetic updates - flooring, paint and landscape sprucing up at a minimum. What are your longterm plans - to relocate close by, or further out - would also play part in the decision. Is the decision to keep it part of a financial retirement plan that banks on the property value improving over time? I hope this helps you with some things to consider and I am happy to meet in person to discuss options further or provide a complimentary market analysis- I work primarilly on the westside but have sold and will work on the eastside as well. My personal website is www.beautifuloregonhomes.com and testimonials can be found there. Don't hesitate to contact me with any specific questions, I'm here to help!
Windermere Baldwin... more