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Home Selling in Portland : Real Estate Advice

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  • Local Info71
  • Home Buying381
  • Home Selling69
  • Market Conditions37

Activity 110
Thu Jun 15, 2017
Liam Doherty asked:
Mon Nov 28, 2016
Greg Klamm asked:
How do I update/correct the details of our home on your website.
We are considering selling our home in the Spring and would like the info to be correct and match county records. Thanks!
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Wed Aug 31, 2016
Charlesmaule answered:
Creating outdoor living spaces lends itself to low-maintenance landscaping because you can extend your home. If you have a good base, it ends up being low-maintenance for decades to come. This is one of the best investments you can have in your yard because mulch breaks down, fertilizes your plants, and prevents weeds. ... more
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Sat May 14, 2016
lalumeanma asked:
Wed May 11, 2016
Hilko1207 asked:
Sun Apr 10, 2016
Robin D Olson asked:
The name choices that show up show my wife's and my name followed by the initials "Tr". What does that stand for? Why can't I update my home profile?
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Sat Feb 27, 2016
Fred Parks asked:
I need to completely refurbish my 3000 sq ft of lawn and had first thought of having it resodded the old fashioned natural way. But now, am considering fake grass for a carefree lawn that…
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Tue Jan 5, 2016
Dan Tabit answered:
Trulia & Zillow both provide automated valuations, but they are only rough estimates and are not reliable. No one from those companies ever visits the home to check it's condition, updates etc.
If you are considering selling, talk to some local Realtors. They will give you a more more reliable idea of what the market value might be, what if any changes might help you sell for more or more quickly.
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Mon Dec 14, 2015
Faye O'Bryant answered:
Road-noise buyers are typically "value" buyers. Usually a home is priced in consideration of the drawback, so will attract a buyer who is seeing much smaller homes in the same price range. If that's not true for you, there are incentives you can add that will appeal to the value buyer, such as contributing to closing costs, especially in the form of a loan buydown, where you can actually pay the lender points up front to significantly reduce the mortgage payment for 1 or more years.

And I recently sold a house that backed a busy road because the buyers wanted to run a daycare business and liked the exposure and the fact that there was a school across that busy road... So, look for possible benefits to your specific location, too.
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Wed Sep 30, 2015
Andi Blackwell answered:
Converting a cellar to a basement could be costly with little return, but I can understand your concern. One of the things I tell my sellers is you can't worry about something until it happens. Because of prices in Sellwood and the rental market, you may attract a cash buyer, and conventional financing guidelines may be flexible enough. Buyers also have the options of renovation loans.

The benefit of working with an agent in a situation such as yours is mitigating any inconvenience to your current tenants (happy tenants stay which is more valuable to an investor buyer), and we incur the expense of marketing, etc. It sounds like your current primary concern is you decide to sell, get into the inspections process and the buyer says they will walk if they don't get prohibitively expensive work done. You can decline their request at that time, and they can take it as-is or walk. If they walk, you move on to a (hopefully already placed) backup position, or don't sell and you are back to the status quo.

All concerns are justifiable, but luckily most are also fixable. I'd be interested in taking a look at the duplex and getting an idea of what your goals are to see if there's any way I can help...

Thank you,
Andi Blackwell
Licensed Oregon Broker
Oregon First
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Fri Aug 21, 2015
Lisa Mehlhoff answered:
I have found that people in Portland love a master suite because they are so hard to find. It is also nice to have a have master on the main. As people age it is nice not to have to climb stairs to get to their bedroom. Making the home three bedrooms and two bathrooms usually is a great formula and easiest for resale sell. ... more
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Thu Aug 20, 2015
Lisa Mehlhoff answered:
It depends if the rest of your house has been updated. If all other rooms are updated, then yes put some money into your bathroom. Depending on your market price point it will depend on how much to do. You did not mention lightening. I would also suggest updating your fixtures if they are outdated. Let me know if I can assist with more insist. Portland has some really great local lighting stores that you be updated yet true to period.

Lisa Mehlhoff
Cascade Sotheby's
Portland Oregon
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Mon Jul 27, 2015
Marcio Wilges answered:
I think it is best to seek professional advice from a realtor who could help you with the financial breakdown so that you can see for yourself which option benefits you more financial wise. You could also sit down and ponder on a few factors like the work involved in both rental and sale. Renting out would mean you only need to perform a minor removal of your belongings whereas selling your house would require you to clear everything out. ... more
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Wed Jun 10, 2015
Jilida answered:
If the listing is through Equater I find it easier to deal with than the traditional call made on a daily routine. I would have your agent that you are represented by, prepair a CMA and have the listing agent send it to the negotiator, secondly I would ask them to do a BPO [Broker Price Opinion]. As long as you are within the BPO their is no reason for the bank to not go forward with your offer. You may also send in a addendum increasing the price by a bit.

Click for more information:
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