If you are a for sale by owner the post is not allowed; if and when you do list with a broker, ask your agent to post the listing, or consider any flat fee realty company that feeds into the site....... more
RPR valuation from Realtor.com gives it a median value at $295k and nothing currently in the Eagle Crest Dr condo area comes close to it's fine condition, excellent exterior and sun light exposure or offering a 502 s.f. outdoor living deck. I'd need to do more CMA research, but the immediate information at hand suggests the opposite - a decent buy.... more
If you haven't secured your Construction Financing as of yet. I'd be happy to talk to you about your options. Axia Home Loans has several options that would accommodate your parameters.
Feel free to email me @ email@example.com or call me at 503-577-2386.... more
Your best bet is bringing in an experienced Realtor who can provide you not only the statistical analysis of your market, but one that fully understands the nuances of the market and how your home will be positioned among the competition. I live and work in Lake Oswego and sell many homes in this wonderful community. It sounds like you have done all the right things to make your home very appealing with today's buyer. Please call me at 503-502-5227 to arrange an appointment. I can assure you I will provide an honest opinion of your homes value and the steps it will take to sell for top dollar. You can also check out my reviews online.... more
My prediction is the market is going to stabilize. What I mean is we will be moving out of a "Seller's" market with an increase of inventory. Prices will not sky rocket like last year's 12% gain instead will gain a more normal 5 to 6% value year over year. Homes in Lake Oswego in particular will keep there value as it is one of Portland Metro's most popular areas. I also believe interest rates will continue to rise slowly but banks will loosen lending standards to compete. Hopefully we will see an increase in consumer confidence so the days-on-market decrease especially in Lake Oswego where they can be numerous.... more
I agree with Linda, it depends! Best if you ask me 97034 is better overall. 97034 is the North side and 97035 is the South side of the lake. (Generally speaking)
97034 best ares include: First addition, Old Town, Country Club, Forest Hills, Village on the Lake, North Shore, Chandler. Homes in these areas are priced anywhere from $400 - over $1 Million. On the lake or lake access pulls the most value. Here's a tip - Home's in First Addition and Old Town do not have coveted lake access. Village on the Lake has many modern homes 1980 or newer. First addition has lots of new construction and old charm. Walk to downtown!
97035 best areas include: Palisades, Mountain Park, West Lake, South Shore, Bryant, Lake View, Lake Grove: West Lake is super family friendly with sidewalks and parks. It is the most modern neighborhood in Lake Oswego. Mountain Park comes equipped with a Rec Center. The more affordable neighborhoods are located in Palisades, Lake grove, and homes off of lower Boones Ferry.... more
That sounds like a awesome ideal. I would advise you to do your home work on the contractor, the cheapest is not always the best and make sure you get a completion date. I think it is a great selling point to have a bath ( full or half ) next to the master bedroom. Thumbs up !!!... more
If you want a neighborhood then check out Westlake area. Good mix of international heritages. Great park for walking around, children of all ages can play. Excellent access to I5 and 217 for commuting and/or shopping (Costco-Home Depot-Lowes- and the malls).... more
The only reason a buyer took out an ARM adjustable rate mortgage was to qualify for a larger house payment and that got many buyers into trouble in the last 5 years. Today with interest rates at 50 year lows and ARM's at about the same rate there is no reason to take out an adjustable loan unless that you know the in the next 4 years you will be moving and getting rid of the loan and in this case you really might consider what the savings would be if the ARM adjusted up and to compare the savings over a fixed rate in the next 3-5 years. I have a feeling that rates will go back up because they are at a 50 year low and they cannot go down any further. If you would have taken out an adjustable loan in the past 15 years your payments would be lower with an ARM than a fixed because the rates have been coming down and the adjustable rates track down ahead of the fixed rates. Today though I would get a fixed rate loan.
Tom Inglesby, Broker
RE/MAX Equity Group