Rentals in Beaverton>Question Details

j.quist, Renter in Beaverton, OR

Our lease expires June. Looking for a new place in the Bethany Stoller Mid district 4 brs &

Asked by j.quist, Beaverton, OR Sun Mar 3, 2013

Help the community by answering this question:


I have one coming up in the Stoller District this next week. Four bedroom 2.5 bath on a 9000 sq ft lot. You may contact me for details. Thank you

Genie Shook
0 votes Thank Flag Link Mon Mar 4, 2013
Get your loan information in order now. It will take you 30-60 days to close so get your loan paper work done now. You can get approved for a loan in 6 days so all you need is a clear inspection and appraisal and you are ready to go. You need to start looking now so you know values. You will see homes selling in days and because of lack of inventory homes selling for more than list price. You are not working the seller but trying to out bid the other buyers out there that maybe lost a house or two and now they know how to make an offer. Many times we will see 5 or more offers on a house. The builders have not built any homes for the past 4 years so homes that are 4-10 years old are newer homes today and 5 years from now there we be very few newer homes for buyers to look at. Good luck to you. Tom Inglesby, Broker Re/MAX Equity Group
0 votes Thank Flag Link Sun Mar 3, 2013
I agree! If you want numbers to justify this... take a look: I just pulled the last 6 months figures for Stoller for you (for detached single family homes): 113 homes have sold; Average days on the market only 31 days (from the time the home comes on the market to the time the transaction closes); Average sold price $450,428; Average sq ft 2752. Keep in mind it takes an average of about 30 days for a lender to close a loan. If you're not Jack or Jill on the spot, you're going to lose out. You need to have all your financing in place when you make an offer - with a preapproval letter - because of the high demand it's an absolute must to provide that along with your offer. If you're writing an offer all cash and no financing you're golden and can write your offer, and provide proof of funds after acceptance. Your agent can help you with all of this and guide you through the maze!

And of course, if you don't happen to have a Realtor yet - I bet I can recommend a great one! ;-)

0 votes Thank Flag Link Sun Mar 3, 2013
The key to success in this highly competitive market we're experiencing is being prepared to move quickly to see new listings and becoming familiar with the market so that you can make decisions quickly. Many homes are selling in hours or days, rather than weeks or months, so committing to the process and being "ready to go" makes the difference a buyer who is successful and one that spends a year looking.

Best of luck & I'd be happy to answer any other questions you've got.

0 votes Thank Flag Link Sun Mar 3, 2013
That area is saturated with buyers and not enough sellers, so prepare to be patient. Also, be aware you'll probably have to pay a premium for those schools.

This is an incredibly good time to buy as prices are going up and will continue probably thru to the Holidays.

Good luck and don't hesitate to ask me any questions.

0 votes Thank Flag Link Sun Mar 3, 2013
Hello! If you are interested in receiving all the available listings that fit your criteria as well as details about the current market and home buying process I would be glad to help. Please email or call me and we can chat.

0 votes Thank Flag Link Sun Mar 3, 2013
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