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Home Buying in 97229 : Real Estate Advice

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  • Local Info2
  • Home Buying36
  • Home Selling4
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Activity 19
Sun Apr 23, 2017
Aribloms asked:
Hi-
I have been renting a home with my wife in NW Portland (97229 - considered in the Cedar Mill area of Portland Oregon) for 9 years. The owner has decided they want to sell the house…
0 votes 0 Answers Share Flag
Sat Mar 18, 2017
Bodiegroup answered:
I live in a Don Morissette home in Bend. The construction quality of our home sucks and we are hearing similar complaints from our neighbors. We are effectively rebuilding it right as we go along. ... more
0 votes 4 answers Share Flag
Fri Dec 4, 2015
My NC Homes Team answered:
Try speaking with the HOA and show them they signed off on the house and explain that having to repaint now would cause a hardship. but that you'd be willing to repaint to their satisfaction within the next 3-4 years. They may or may not be reasonable. While you could attempt to pursue the old owners it's probably not worth the time or effort. ... more
0 votes 1 answer Share Flag
Mon Sep 9, 2013
Hank Paterson answered:
It's new construction in Bethany so there generally is no room to negotiate. There are so few of them they won't budge.
0 votes 10 answers Share Flag
Fri Apr 26, 2013
Kevin Sucher answered:
Hi Ethan,

Like the other comments check with a good mortgage officer first, if you want contact for one let me know. If that outcome is not favorable don’t overlook seller financing. Where with a good job and down payment past financial problems can be overcome. These need to be setup correctly for your protection and this will get you into a house when the getting is good. Give me a call to get started!

http://www.quality-real-estate-service.com/portlandwestsidehomesforsale.aspx?s=wsem1

http://www.quality-real-estate-service.com/RockCreek.aspx?s=rcem1


Kevin Sucher
Principal Broker
503-214-4139
ksucher@prunw.com
... more
0 votes 9 answers Share Flag
Thu Mar 21, 2013
amber02 answered:
Not Arbor anything Arbor is terrible quality and will tell you anything to sell a house, whether or not it's the truth.
0 votes 6 answers Share Flag
Wed Jan 16, 2013
Paul Johnson answered:
Hi Kris,

Every scenario is different, but as a general rule, with inventory at 3 months, most sellers (especially builder's) will not come off their price much. You may want to consider asking for some closing cost incentives instead. Also, something else to consider is have representation to help you navigate the offer. If a case can be made for a lower offer, that can be leverage you can use to get a fair price.

Best of Luck!

Paul
... more
0 votes 6 answers Share Flag
Sun Jan 6, 2013
Thomas Eilers answered:
Hi. I'm licensed in both states and work Portland and Vancouver about 50/50. I've been in the business for 30 years and know all the areas very well. If you'd like to contact me and let me know more about your situation, I'll be glad to guide you. Thanks,
Tom Eilers
503-522-5372
... more
0 votes 6 answers Share Flag
Mon Aug 22, 2011
Manisha Jain answered:
Hello Portlander,
I know exactly which lot you are talking about. I can send you the info directly and can help you find more similar lots. Call me or email me and I will be happy to discuss with you.

Best Regards,

Manisha Jain
Broker, REALTOR (R)*
"A Name Friends Recommend"
Phone 503.616.4615 , Cell 503.206.1857
email: Manisha.realtor@gmail.com
http://ManishaJain.com
... more
0 votes 5 answers Share Flag
Fri Apr 15, 2011
Nathan Neubauer answered:
While I know this is an old question, Bauer Highlands still seems to be one of those pocket areas that have only seen slight declines in values due to its popularity. I agree with most things about the development (well built, great designs, good commute into Portland), I do think that the yards are not all that big, and some of the lots are on too steep of a grade. Not too steep as unsafe, but too steep as to have some of your property unusable. Also, while Saltzman has been expanded, it still is, and alwayswill, take more travel time to get down to Highway 26 (Beaverton, Intel, Nike), but it's close and there are still homes being built.

About 1 year or so ago, clients of mine previewed homes in Bauer Highlands. Not many homes were for sale and the ones that were still commanding a pretty good price. They went else were as they had a window of time because they were relocating and didn't want to wait- move-up tax credit, good rates, etc. In taking a look at homes there today, there are only two homes listed and for about the same price I remember. In taking a look at HOA docs on the Bauer Highlands website, I clicked onto the events tab and they just had a community Luau- and it actually looked fun.

This might shed some light on why Bauer Highlands is still desirable.
... more
0 votes 7 answers Share Flag
Fri Feb 19, 2010
Rochelle answered:
Hi,

Looks like you already received some good information, but I want to make sure you know that the credit is only available for the purchase of a primary residence. If you are not living in the boat or motorhome most of the time it would not qualify. Hope this helps. ... more
0 votes 3 answers Share Flag
Sun Aug 9, 2009
answered:
Great point on having six (or however many) months paid by the Seller. BUT you would still need to work with your Lender on how to structure it. Depending on the type of loan, you may not be allowed to 'prepay' HOA dues. If they do allow it, the best way is to have the money paid directly from escrow to the HOA at closing as a cost to the Seller.

If you are asking the Seller to pay closing costs as well, I have seen the Lender include the prepaid HOA dues as a closing cost for the Buyer. If this happens you will have to bring more money to closing than you expected. It all boils down to what line on the HUD-1 the dollar amount goes on.
... more
0 votes 7 answers Share Flag
Thu Aug 6, 2009
Steve Roesch answered:
The answer is simple. Quality, and what is included in the price. 2 builders, 2 approaches to a business model. Arbor's approach has been nicer standard features. Sure like every builder they want to ding you for more upgrades. But for 500k you will get a nice house, and it will cost you more $ per SF than a Morrisette. Morrisette builds a business off slashing the $ per SF for the area. Whether it is Bull Mountain or Bauer Heights. They will advertise sometimes half of what is normal for the area and promise a new home. One way they do it, is build large. So the homes they build will use every bit of the SF of the land. The bigger the house, the cheaper the $ per SF. The next strategy is base features. If you have never owned a new house before, you may be talked into their base features. But once you buy in a Morissette neighborhood, and begin to upgrade the house to Arbor or other standards, you will rapidly get to the higher SF. Because its a bigger house, you will think you still have a low $ per sf than the area.

But here is the Caveat to beware of: "DID THE REST OF THE BUYERS UPGRADE THEIR HOMES?"

Too many listings i have taken in Morrissette neighborhoods where the homeowner was so proud of his/her home and the upgrades, but all the other homeowners stuck with the cheaper base features, that it leaves a stigma that lingers through the neighborhood for 10 years or so. There is no getting top dollar in resale in that type of neighborhood. No one else wants to buy the most expensive home in the neighborhood.

If bigger is what you want, Morrisette is for you. But is Bigger always Better? Is Cheaper considered Better? In my book, Better is always Better. I have walked about 100 buyers through both types of neighborhoods over nearly 15 years, and I estimate about an 75% ratio prefer better over bigger.
... more
0 votes 1 answer Share Flag
Sun Jul 19, 2009
Athyantha "A.R" Rao answered:
Rajval,

Rao here, I've been a Realtor here in town for 20 years and have sold Don Morisette homes. He offers a lot of square feet for your dollar but aesthetically outside his plans can be a hit or miss.

You sometimes have a huge set of stairs going in to the front door. All depends on which particular home. The other issue is that the HOA (The home owners Association) is sometimes non-existent .

You can call me at 503-515-2726 if you have any other questions or email me at ARsellsHomes@gmail.com
Good luck

Athyantha Rao
... more
0 votes 6 answers Share Flag
Fri May 22, 2009
June Lizotte, Retired Broker answered:
Hello Rr,

Completion of repair work should always have had a date attached to it initially on your addendum for repairs. Check and see, otherwise, it is required that the repairs be done prior to closing in any case. You should have an addendum that followed your inspection..a repair addendum which should have been signed by the seller. If no date was attached to it you are bound by waiting for the close date at which time repairs are to be done- if it appears there is lack of completion by the date of closing the seller's agent should issue an addendum that asks you to agree to closing being pushed to a later date. Your agent should definitely be getting his/her principal broker involved if there isn't cooperation between the agents to get the info you need.

As indicated by other answers, if you are buying in a short sale deal different rules apply as banks don't regard our standards of practice, and you don't have the luxury of deadline dates....you just wait. and are at the mercy of the bank. If the bank suddenly says their part is done and demands closing at such a date as you are unable to meet because of their delays your agent will need to put forth an addendum requesting the needed time to finalize the loan docs with your lender...and ..one last bit of advise....be sure you read your contract as it will speak to these issues and how you and the sellers are obligated.

Best to you,

June Lizotte, Real Estate Broker
Providing REAL Service
6400 SE Lake Rd., Suite 200
Portland, OR 97222
jlizotte@prunw.com
503-310-8032
... more
1 vote 8 answers Share Flag
Mon Mar 16, 2009
Mary answered:
I dont know if you are looking to purchase a home in Arbor Parc?? My family has lived here for the past two years and we love it. I have been happy with every aspect of our home to the location and we love all out neighbors. Unfortunatly we are growing as a family and are considering selling our home. Its a three bedroom three bath. Let me know if I can help you out with any more question you have about the property. Thank. Mary ... more
0 votes 13 answers Share Flag
Thu Aug 21, 2008
Janeese Jackson answered:
You might consider the adjacent areas to the actual "Forest Heights Planned Development" that might offer some acerage, such as parcels off Skyline Blvd. However, you would still have to deal with not being officially in the Beaverton school district. As someone else mentioned, you can always put in for a waiver (and, generally, schools will give precedence to presently enrolled students) but, you can't count on it. You can go to my web site at www.janeesejackson.com and click on school reports in the left navigation bar and see how the Forest Heights schools compare. I have sold to many, many clients in that particular neighborhood and they all love the schools! Also, feel free to utilize my property search site at www.fabulousportland.com, as I believe it's the most useful tool I've added to my business in over 23 years of sales & service. You can be very specific about searching for certain neighborhoods and/or school districts, etc. Good luck and don't hesitate to call or write for more personal attention...
Janeese Jackson, Principal Broker
Real Estate Resource
503-709-0802
jj@janeesejackson.com
... more
0 votes 4 answers Share Flag
Wed Aug 20, 2008
Tom Inglesby answered:
Vk, an up date on Arbor Homes. They have a promotion going right now that you can get up to about $7500 off the list price or they will do a buy down on the interest rate or your can get closing costs back from the builder. When this allotted money is gone it is done. This goes until the money runs out. If you like the floor plan but don't like the prices you can get the same exact floor plan at Murry and Scholls Ferry Arbor development for $20,000 less in this location instead of Bethany area.. Arbor is the top selling builder in the state and builds a great product for the money. You have to look at each sale separately in regards to what it is worth today building and location and floor plan. I think there is always room to negotiate but the terms and motivation of the seller is the most important. If you wait rates and loan programs are going to change Oct 1, 2008. New rates will be off your credit score and low down payment loans are going away so now is the time to buy. Get an ABR licensed realtor to represent you and make an educated offer. Good luck.

Tom Inglesby, Broker
RE/MAX Equity Group Inc.
ABR.CRS, CLHMS, eco Broker EA S.T.A.R.
503-495-5416
... more
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