Gina Masters

"Real Estate Broker"

I'm a:	Real Estate Professional
Company:	Windermere
Location:	Tigard
Phone:	(503) 820-9882

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Hi, I own a 3bd/2.5bth Single Family investment property in Beaverton. I'm thinking about selling. How is?

Asked Mon Oct 29 2007, 16:55 by Steve - Beaverton - Market Conditions - 12 answers

Gina Masters answered:

If the Lease Agreement with your tenant is for a year yet and the rent covers atleast 80% of the mortgage payment, you should continue with this property in your investment portfolio. The market is definately not ideal to sell right now. There is an ongoing price war among Seller's and prices are tumbling like crazy.
If you have the cash, the next 6 months to a year is going to be the perfect time to buy. The rental market is good now and will continue to be for a while until things settle down. I hope this information is helpful. - Thu May 8 2008, 10:59

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