Asked by Martin Croskery, Belmont, CA • Fri Dec 7, 2012
My wife and I currently live in the San Francisco bay area. We presently rent here but after a recent 17% rent increase decided to look at purchasing. However, we got very quickly disheartened with the prices and the construction quality of what was available here.
My plans for retirement had been made some time ago and that was to move out of California to either Portland, OR or Vancouver, WA. Now that we have had a look at the quality and the price of what is available here in the Bay area we have decided that maybe buying somewhere and renting in Portland until we reitre is maybe the best option.
So, some questions. As residents of California, do we qualify for first time homebuyer programs in the State of Oregon? Is it easier to buy and rent an apartment or single family home in Portland?
Also, what areas of Portland are quiet but maybe 20 minutes or so away from the main city that we may be interested in looking at?
Thanks for any advice you can pass on
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