Home Buying in Multnomah County : Questions & Answers

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Gary Geer, Real Estate Pro in 60031
Gary Geer answered:
How to get keys of house bought in foreclosure?
Your best option is to contact a locksmith and have them open the door. At that point they can re-key the lock or you can install a new lock. All the best.
0 votes Share Flag Sat Dec 20, 2014 Foreclosure in Portland
Vilma Teodoro, Home Buyer in Provo, UT
Vilma Teodoro answered:
What are the risks associated with asbestos siding?
There are not many immediate risks associated with asbestos siding. Asbestos is only dangerous when airborne inside the home. In your siding, the asbestos should be encased in cement en ... more
0 votes Share Flag Thu Dec 18, 2014 Home Buying in Portland
Tom Inglesby, Real Estate Pro in 97239
Tom Inglesby answered:
What does Active Contingent mean?
The listing agent probably misrepresented the listing it should be BMP meaning bumpable. Tom Inglesby, Broker RE/MAX
0 votes Share Flag Wed Dec 17, 2014 Home Buying in Portland
Tom Inglesby, Real Estate Pro in 97239
Tom Inglesby answered:
smoke,fire alarm,carbonmonoxide for rental properties
you as an owner are required to have them for all rentals and I have my renters sign off on them every year that they work. They can not be more than 10 years old even if they have a 1 ... more
0 votes Share Flag Wed Dec 17, 2014 Home Buying in Portland
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
where can i go to get a listing of rent to own houses in Portland, OR?
Well, let's see. Your answers thus far say that they're "rare." But "There are some new programs on the market." It's "not a good idea." But there's "a new way" to purchase based on the ... more
0 votes Share Flag Wed Dec 17, 2014 Home Buying in 97230
Tom Inglesby, Real Estate Pro in 97239
Tom Inglesby answered:
Searched for a two bedroom house under 250,000 in 35 neighborhoods in Southeast and Northeast Portland & 0 results came back. is that the case? or...
Before you start looking further you need to be pre approved for a loan. With many buyers looking in this range since it is below the average market price they go quick when they come ... more
0 votes Share Flag Wed Dec 17, 2014 Home Buying in Portland
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
A bigger condo than mine is being Taken by Chase bank, after the owner walked out in 2010. It went through MetLife and was transferred to chase.
Good luck finding anyone at Chase who knows anything about the unit. Having wasted countless hours over the years trying to talk to banks to inquire about properties they have foreclose ... more
0 votes Share Flag Fri Dec 12, 2014 Home Buying in Portland
John Hicks, Real Estate Pro in New Albany, OH
John Hicks answered:
Can I qualify for a FHA loan with a new job if I have a cosigner?
Hello Jensae503,

You only need a 2 year work history total. Sounds like both jobs were not commission based where you would have to file a 1099. This is great news! You might not eve ... more
0 votes Share Flag Thu Nov 20, 2014 Home Buying in Portland
Stephen Fitz…, Real Estate Pro in Portland, OR
Stephen FitzMaurice, Realtor answered:
What are the risks associated with asbestos siding?
You should definitely have it inspected by a licensed and bonded asbestos abatement professional.

Below is a link to a complete list of Licensed Asbestos Removal Contractors

htt ... more
0 votes Share Flag Wed Nov 19, 2014 Home Buying in Portland
Eugene Dean, Home Buyer in Provo, UT
Eugene Dean answered:
why aren't there houseboats for sale in Sellwood or John's Landing?
I was wondering the same thing. I am going to retire at the end of the year, and I have always wanted to live on a riverboat. I can finally make my dream come true, but I can't find any ... more
0 votes Share Flag Sat Nov 8, 2014 Home Buying in Portland
Gary Birtles, Other/Just Looking in Scottsdale, AZ
Gary Birtles answered:
Advice on the shared water well . My rights as owner of property.
You may want to have a well drilled for yourself. This could save you from the trouble of sharing a well. I hope it all gets worked out for you. Good luck. http://www.hudsonvalleydrill ... more
0 votes Share Flag Wed Oct 29, 2014 Home Buying in Portland
Jesse B. Luc…, Both Buyer and Seller in Las Vegas, NV
Jesse B. Lucero answered:
As an investor buying and selling residential in Portland, Oregon, which title companies are cust. service focused?
I love Fidelity National also I use them in Nevada also

Jesse B Lucero
www.slideshare.net/jblucero702
0 votes Share Flag Sat Oct 25, 2014 Investment Properties in 97210
Christopher…, Real Estate Pro in 97202
Christopher Love answered:
I'm looking to move from New York to Oregon. Currently have had my current job for about 2 years. I am not relocating job wise. How does one in?
What I would recommend is to contact a mortgage person here in Oregon that is local to where you will be and together with them come up with a strategy so you are informed of what you n ... more
0 votes Share Flag Tue Oct 14, 2014 Home Buying in Portland
Stephen Fitz…, Real Estate Pro in Portland, OR
Stephen FitzMaurice, Realtor answered:
May have to replace garage. Is house worth buying?
If there is plenty of value in the home, I would go for it. Improving the garage will increase the value over time. Get a few bids - that garage may still be salvageable. Also if the fo ... more
0 votes Share Flag Fri Oct 3, 2014 Home Buying in 97218
Stephen Fitz…, Real Estate Pro in Portland, OR
Stephen FitzMaurice, Realtor answered:
what is the process of buying a home with cash in portland oregon?
Easy as pie. When you submit an offer you'll need to include a POF (proof of funds). This can be a letter from your bank or a monthly bank statement of some kind. Use a good buyer's age ... more
0 votes Share Flag Fri Oct 3, 2014 Home Buying in 97213
wcm242, Home Buyer in Happy Valley, OR
wcm242 answered:
Are there any ranch style homes with a view in Happy Valley?
Yes. There are several ranch style homes with a beautiful view in Happy Valley. In order to have a view in Happy Valley, you need to be up on the hill overlooking the valley. Verlie S ... more
0 votes Share Flag Sat Aug 30, 2014 Home Buying in Happy Valley
Adam Shepard, Real Estate Pro in 97219
Adam Shepard answered:
I have been thinking about buying a condominium in downtown Portland.
There are several building with the issue you reference, that said each building is handling it a little differently. Some are suing the builder/developer outright and others are workin ... more
0 votes Share Flag Wed Aug 13, 2014 Home Buying in 97209
Stephen Fitz…, Real Estate Pro in Portland, OR
Stephen FitzMaurice, Realtor answered:
Have a paid vacation home Want to use as down payment for house in Portland, Ore. Will 40-50% down. Do I still have to get pre approved?
Yes for whatever amount you are financing. They just make sure your offer is written correctly.
0 votes Share Flag Wed Aug 6, 2014 Home Buying in Portland
Stephen Fitz…, Real Estate Pro in Portland, OR
Stephen FitzMaurice, Realtor answered:
If I were to buy a house sold by owner AS IS, what does that entail? And can I still withdraw if I find something wrong during inspection
Regardless of what they say, "as-is" or not, it is the actual real estate contracts that you are using for the sale that matters. If you can withdraw in the contract you signed, then ye ... more
0 votes Share Flag Wed Aug 6, 2014 Home Buying in Portland
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