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Clackamas County : Real Estate Advice

  • All12
  • Local Info1
  • Home Buying7
  • Home Selling1
  • Market Conditions0

Activity 111
Sun May 31, 2009
James Gordon ABR SFR SRS answered:
Reni the problem is that a tax lien has first possition. No lender that I am aware of is willing to lend you the money to purchase a home only to have the government be able to forclose on it. Focus on paying off your back taxes and when they are clear you will have a much better chance of qualiting for a loan. ... more
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Mon Feb 15, 2010
answered:
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Fri Nov 27, 2009
The Stephen FitzMaurice Team answered:
The entire market is changing and so Agents must follow. I have been very successful marketing to 65+ different websites and MLS. They say 89% of people looking for homes search online. My listings get hundreds and often thousands of views and the buyers come ready. When the buyer arrives I provide all of the negotiations, paperwork and service.

I can't see the downside to positive transactions coupled with low cost service.
... more
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Thu Apr 16, 2009
Sam Shueh answered:
Talk to your local bank lender(not a broker. FHA could be a possibility.
Best thing is wait about 6 months to improve your score before rushing into a commitment.
Good luck
0 votes 6 answers Share Flag
Sat Feb 14, 2009
Kelly Gebler answered:
Hi - It's a real simple process that pretty much any Title Company can help you with. They can write a Note and Trust Deed based on the terms you set for the purchase and record the deed transfer for you. Fees should be pretty minimal. I would recommend that you also have the Title Company set up a payment servicing company that you make your payments through, and they are then responsible to get the payment to your mom. It's fairly inexpensive and gives you a definite record of payments you make so that you can provide that info to your tax preparer. You should be able to claim it as a 2nd home and deduct the interest and maybe maintenance/repairs you make to the property....good questions for your tax person though to verify.

Hope that helps!

Kelly Gebler
Real Estate Broker & Residential/Commercial Loan Officer
Commonwealth Group & Sunset Mortgage Co.
Ph: 503-516-1637
Email: LetUsGuideYouHome@comcast.net
... more
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Wed Oct 13, 2010
Dirk Knudsen and Kirra Krussman answered:
Chris.

Your probably in trouble here. You may have rights against the owner in civil court but the rights he had appear to be gone and your rights went with him. Maybe get some legal advise.

But hey....there may be a silver lining. Prices have continued to Fall and rates have too. In addition we may have a $15,000 dollar Tax Credit by this time next week. There are some very good financing programs out there too.

Call me and let me help figure out how you can take advantage of the money you have lost and turn this bad situation around to the good!

Best wishes;

Dirk Knudsen
Re/Max Metro Gold
503-799-8383
... more
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Sat Dec 27, 2008
The Stephen FitzMaurice Team answered:
RMLS states house was sold at auction.

Let me know if there is anything I can help with.
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Wed Oct 13, 2010
Kelly Gebler answered:
Hi Angie - what's the property address and I'll look it up for you. Be happy to help in your home search too.

Kelly Gebler
Real Estate Broker & Residential/Commercial Finance Specialist
Commonwealth Group & Sunset Mortgage Co.
503-516-1637
... more
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Thu Dec 11, 2008
Robin Weisgerber answered:
Hi Lynh,
Probably the easiest way for you to get a copy of the Home Oweners Association Covenants Conditions & Restrictions aka: HOA CC&R's is to directly contact the listing agent. I know when I list properties that have CC&R's the title company that I work with provides them to me and I can get them sent via email to allow me to forward them to potential buyers. Listing agent is: Irene Parsons, Office Phone: 503-659-8689
Robin
... more
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Fri Dec 5, 2008
Dallas Texas answered:
Contact the local Police Department who can provide you this info.
http://www.lynn911.com http://www.homes-for-sale-dallas.com
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Wed Oct 13, 2010
Kelly Gebler answered:
Hi - I just checked the current Market Action Report from RMLS - and it looks like 188 days from listing to close of escrow.

Click on the Web References Link to see the entire report and find out how you compare to the entire Metro area.

Let me know if I can help with anything else.

Kelly Gebler
Real Estate Broker & Residential/Commercial Loan Specialist
Commonwealth Group & Sunset Mortgage Co.
503-516-1637
... more
0 votes 6 answers Share Flag
Mon Sep 15, 2008
Cricket Forsey answered:
omigosh Phil! how the heck are you? Click on My Trulia and set up an account.

KW uploads to trulia automatically. I think once its posted you can go and claim it. Not much help - but wanted to say hello!

Cricket Forsey
Keller Williams Portland Premiere
... more
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Fri Sep 5, 2008
Dallas Texas answered:
Ask a realtor to comp the property. Did the sq. ft. equal what you have ? I have seen where an appraisal short by 800 sq. ft. had to have another appraisal which met the property sq. ft. This was the case when I sold the property 2 years later was listing agent the buyers appraiser missed sq. ft. ~DAH~ refused to remeasure sq. footage. !... However any appraiser can provide their opinion
http://www.lynn911.com http://www.homes-for-sale-dallas.com
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Tue Sep 2, 2008
Jean Pritchard answered:
I can recommend a couple licensed home appraisers who would give you accurate comperable information of homes comparable to yours that have sold in the last 3 to6 months. They do use 3 or 4 homes that are comparable in thier report. They also take into consideration any closing cost paid by the seller for the buyer (as many have called me to verify these issues).

As a licensed Realator, I utilize the same information the appraisers use, including homes that are sold "for sale by owners". This information is all available through county records. Keeping in mind that the condition of the home, size, age and proximity are all important items to consider when you are doing a market analysis. Zillo and Real Estate.com, do not take into condiseration the condition of the home, etc, they usually only use location and sq. ft. in their analysis of price.

I'd be glad to give you a Market Analysis at no cost to you if you'd like. My direct number is
Jean Pritchard
Principal Broker
John L Scott PTL
503-680-4449
www.johnlscott.com/jeanp
... more
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Wed Feb 24, 2010
Yvonne Cousar answered:
The best advice I can give you is to talk to a real estate attorney in your area that has some knowledge in creating partnerships and LLCs. You will also need to talk to a CPA regarding any tax issues that may arise. Between the attorney and the CPA you should be able to form the business entity that would best suit your purpose, and protect both your interests and the interests of your in-laws.

Yvonne Baker, Real Estate Consultant
www.YvonneBaker.com
ycbaker@kw.com
... more
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Mon Sep 15, 2008
Dallas Texas answered:
GREAT QUESTION: Spend approx. $300 have your home appraised.
http://www.lynn911.com http://www.homes-for-sale-dallas.com
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Wed Aug 13, 2008
Jean Pritchard answered:
I hope you have a good Divorce Lawyer. He will be able to help you and protect your interest.
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Tue Aug 12, 2008
Andrew Glatz answered:
Contact a FHA approved Mortgage Bank and see if you can apply for an FHA loan. FHA requires 3% down, which can be offered as a credit from the seller.
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Fri Jul 2, 2010
Sara Lewis answered:
It is obviously tough to say without seeing it, but I just quickly pulled up a few comps and I think somewhere in the neighborhood of $650 would be a pretty competitive place to start. If I can be of any assistance, or if you would like me to do a full comparative market analysis please let me know, thanks and good luck! ... more
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Tue Feb 23, 2010
Julie Fugate and Chris Kish answered:
My team and I manage properties such as yours. We specialize in single family home rentals and other small properties (less than 4-plex). Feel free to contact me.

Julie Fugate
Principal Broker
The Fugate Group, Inc.
Keller Williams Realty Southwest Portland (Lake Oswego)
(503)522-1900
... more
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