Home Buying in Hillsboro : Questions & Answers

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Kevin Richey, Real Estate Pro in Saint George, UT
Kevin Richey answered:
I'd like to buy a condo/town home in the $100,000 on my own without my wife involved so property will be mine once we divorce. can i do that?
That could be a little tricky. You will want to speak with your attorney, to make sure that will work.
0 votes Share Flag Fri May 2, 2014 Home Buying in 97123
Mandy and Je…, Real Estate Pro in Portland, OR
Mandy and Jennifer answered:
When a home for sale is listed as, 'cash only', does that mean a new loan needs to be originated? Do you, the potential buyer, originate?
It means only a cash buyer can buy the property, but sometimes private money loans will work as well. Ask your Realtor to check specifically about the properties you are interested in. ... more
0 votes Share Flag Fri May 2, 2014 Home Buying in 97123
Mandy and Je…, Real Estate Pro in Portland, OR
Mandy and Jennifer answered:
I'm a first time buyer. What are some programs or advantages for first time buyers? And would that influence the price of the house i'll be looking at
There is a new program where you can get 5% of the sales price FREE to you to use for your down payment or closing costs! Call/text us for more details.

Jennifer Peterson and Mandy ... more
0 votes Share Flag Fri May 2, 2014 Home Buying in Hillsboro
kimberly, Renter in Hillsboro, OR
kimberly answered:
I'm looking at townhouse at Orenco station area. that the HOA is trying to sue the builder for substandard
We are actually looking to rent one of the townhomes...but cannot seem to find any links to the properties.....is someone has any info that I can contact someone about renting please le ... more
0 votes Share Flag Mon Aug 12, 2013 Home Buying in 97124
Bob Hoerner…, Real Estate Pro in Portland, OR
Bob Hoerner Mlo 978954 answered:
Can you use your VA loan eligibility to buy a second home? One that you could rent to a relative? Perhaps a rent to own situation?
As for VA loans in general they do not allow for a purchase of a non-owner home. The benefit is intended for vets and active duty to purchase a home in ehich they will leave in. The o ... more
0 votes Share Flag Tue Feb 12, 2013 Home Buying in 97123
Beverly Silb…, Real Estate Pro in Hillsboro, OR
Beverly Silbernagel answered:
How is the Tech environment in Hillsboro?... Moving forward? Elam Young? Intel? Is the Tech area hiring? Is the area Real Estate in demand?
Gary,

The tech environment here in Hillsboro is thriving. Intel just recently announced their plans to expand the fab that they will be finishing construction on in the next several ... more
0 votes Share Flag Tue Nov 20, 2012 Home Buying in Hillsboro
Joe Jessal, Real Estate Pro in Portland, OR
Joe Jessal answered:
Hello, What are the advantages and disadvantages of purchasing a shortsale property? Thank you
Buying a shortsale can be a complicated process. There are things you need to know like which bank is holding the mortgage and if there are any other liens on the property. Closing on a ... more
0 votes Share Flag Wed Oct 17, 2012 Home Buying in Hillsboro
Manisha Jain,…, Real Estate Pro in 97229
Manisha Jain, Broker, Realtor answered:
Does anyone know of a good RURAL/LAND focused real estate agent?
Are you looking to buy or sell the Rural/Land? I have done both for my clients. Let me know if you are still looking for help.

Manisha Jain
Summa Real Estate Group
manisha.realtor ... more
0 votes Share Flag Tue Sep 11, 2012 Home Buying in Hillsboro
Manisha Jain,…, Real Estate Pro in 97229
Manisha Jain, Broker, Realtor answered:
low score mortgage
Hi Brian,

Let me know if you are still looking for guidance with the mortgage and low score. Trulia also have some great pointers to improve the credit score.

Manisha Jain
manis ... more
0 votes Share Flag Tue Sep 11, 2012 Home Buying in Hillsboro
Manisha Jain,…, Real Estate Pro in 97229
Manisha Jain, Broker, Realtor answered:
Hello, Do you need to have broker's license in Oregon to buy property and rent it. I like to get in rental property business. Thank you.
Hi Paul,
As you probably have known by now that you do not need a license to buy property. But if you would want to run it as a business, a good broker can certainly help you with that ... more
1 vote Share Flag Tue Sep 11, 2012 Home Buying in Hillsboro
Christopher…, Real Estate Pro in Portland, OR
Christopher Korenthal answered:
Hello, I'm a first time buyer! I'm very nervous and wanted to know how can you be sure there is nothing wrong with the house when you are
I sell homes for Arbor Custom Homes and buying a new home takes out some stress with all the warranties that come with the home. But warranties are only as good as the builder. Arbor Cu ... more
0 votes Share Flag Wed May 30, 2012 Home Buying in Hillsboro
Nancy Crutch…, Real Estate Pro in Hillsboro, OR
Nancy Crutchfield answered:
Is there any legal issues with condos in arbor rose? Is the builder being sued? Do banks give out loans? Thank you.
Hi Paul. Michael is correct. I found out that the negotiations for Arbor Roses just fell apart and they are back at step one again. Cash only for the foreseeable future in that neigh ... more
0 votes Share Flag Mon May 14, 2012 Home Buying in Hillsboro
Debi Drake, Real Estate Pro in 97124
Debi Drake answered:
My husband and I are downsizing and considering areas like Orenco Station. We want a home about 1500 sq ft. Is there any other areas like it nearby?
BJ - Just checking in to see if you are still considering Orenco Station or other nearby areas...If so are you looking for detached or attached. I have a new Bank owned listing coming ... more
0 votes Share Flag Wed Apr 18, 2012 Home Buying in Hillsboro
Rebecca, Home Seller in Arnold, MO
Rebecca answered:
how can I narrow my choices down to single level or handicapped accessible homes?
Look on craigs list in MO. I just put my Handicaped Accessible Ranch style home on there site.Look in the 179,900. price range.
0 votes Share Flag Sat Aug 13, 2011 Home Buying in Hillsboro
Lana Lavenba…, Real Estate Pro in Grants Pass, OR
Lana Lavenbarg answered:
is it better to apply as a single parent or as a couple. we are not married, neither of us have the perfect credit.
You need to figure that out not only with a lender but with your tax consultants. You will both always be responsible for the loan on the home if you buy one together no matter if you ... more
0 votes Share Flag Sun Apr 10, 2011 Home Buying in Hillsboro
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
Is it ok for buyer's agent to pay for repairs after closing in Oregon?
I some instances a buyers agent can provide closing gifts.... we have paid have a room painted as a gift to the buyer after closing.

Any questions confer with broker OR state

L ... more
0 votes Share Flag Mon Dec 13, 2010 Home Buying in 97124
Cindy Korstad…, Real Estate Pro in Portland, OR
Cindy Korstad ~ Principal Broker / Owner answered:
When a home is a short sale does the lender view a cash offer as preferable to another kind of offer?
Greetings,

If there are multiple offers and the house is in need of major repairs a cash offer might be considered over others depending on the amount offered. The banks main focus ... more
0 votes Share Flag Wed Dec 8, 2010 Home Buying in 97124
Cindy Korstad…, Real Estate Pro in Portland, OR
Cindy Korstad ~ Principal Broker / Owner answered:
What if during my wait for my shortsale offer, the market goes down further?
Dear Buyer,

Yes you can negotiate the price after the bank has accepted your offer, if your appraisal comes in less than the offer price. Your agent will be able to help you with th ... more
0 votes Share Flag Wed Dec 8, 2010 Home Buying in 97124
Kevin Sucher, Real Estate Pro in 97229
Kevin Sucher answered:
Buying a share of property with use of an appartment. Want to expand livingspace into current storage area, Implications?
I assume that the land is single residential and you already stated that the apartment did not have permits when built.

For you to buy 25% you will need to setup a partnership with p ... more
0 votes Share Flag Tue Nov 2, 2010 Home Buying in 97123
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