Discuss with your Realtor, where else on the internet she could place photos and info on your home..
There are many many places on the internet where the homes are listed automatically and then there are others she could individually place them...... specialty open houses for only Realtors to preview
the homes.... just talk with your agent to see what else she is already doing and still could be doig
or if its only the pricing that keeps buyers from showing up.
Good luck to you...
Edith YourRealtor4Life! Working always in the very BEST interest of her clients - Buyers, Sellers and Investors Alike. I cover the city of Chicago, all N and NW suburbs and the fine homes on
the North Shore and cover for clients US States and acquisitions worldwide with partner agents.
EdithSellsHomes@gmail.com
@Properties North Shore... more
There are plenty of homes in that range and depending on your lifestyle there are a few areas you might want to consider both urban and close-in. I work closely with only a couple of agents that I would recommend for your relocation, feel free to contact me if you would like a referral.
Carla is right though, you really should be pre-approved by a lender to make sure that price range is attainable.
Welcome to Portland we are unique and diverse to say the least... we hope you like here!... more
Many great answers here. My first question was how do you know its 2000 too high? Who valued it for you? My second was and this causes many to want to drum me out of the business) WHY would you even want to buy a condo? I know there are several good reasons but usually condos are the first to drop in value and the last to increase, along with Homeowner Association problems, huge monthly dues, etc. Anyway---off that soapbox.
What is a correct price now anyway? Its so hard to value properties. I do them for the banks who are considering loan mods, foreclosing, setting prices after they are taken back by the lender, etc. Ive done over 2,000 homes in the last 2 years. In many area short sales and REOs continue to direct values. The average short sells for substantially less than its first market value/list price. The banks are holding on to thousands of homes nationwide---all set to be marketed. Many times the acceptance of an offer will depend on how much into the property the lender is and will not be wholly related to true market value. So what is true value? Times are changing rapidly. Pricing is changing rapidly. There is no such thing as true value except for the DAY you strike a deal.
The short sale process isnt fully understood by many buyers. Some agents dont either. The lender IS NOT THE SELLER. They can agree to take a certain payoff to make a deal work. I believe (correct me if Im wrong) that no agency of any type exists between tghe lenders and any party to the transaction and/or their agents.
Though many here have given great advice, I wont because I cant read your contract. I will say, as have others, that you should have known all ,about these possibilities before signing anything but how could you know the questions to ask? You didnt. You came here. Thats why we have our jobs. I dont like to judge without all the facts but if you had an agent involved in this---you may think about replacing him/her.... more
In my opinion the two best things you can do are to give your home a thorough top to bottom cleaning and to de-clutter. If it's possible, rent a storage unit for a month or two to store all but the most essential pieces of furniture and personal items. Cleaning up the lawn is also good. Mow the lawn, prune the bushes, sweep the walks. These things go a long way and don't require a lot of money out of pocket - just elbow grease. From there, the next step should be fixing any items around the house that need repair.... more
You are ok on price and the location close to MAX to pay that amount for rent. The closer to downtown Portland the rent goes up to $2 a foot. It is really hard to give you specific areas because that is so broad. Rents are tight and the land lords have many renters looking to rent. Good luck to you. Watch out for scams on line work with a mangagment company and don't send a deposit to anyone to hold a property. Good luck to you.
Tom Inglesby, Broker... more
I have found that CONSUMER ACTION is an excellent resource for objective advice on all things credit related. You'll find free and sincere advice on everything from settling collection accounts to rebuilding credit to building credit from scratch on their website. http://consumer-action.org/
Beware of anyone offering to "repair" your credit! The Federal Trade Commission issued a stern warning last year that such offers are scams. Find more from the FTC HERE. http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre13.shtm
The best way to buy a home is to have a decent credit history combined with sufficient Income and Assets for a home purchase.
The best way to have a decent credit history is to settle negative outstanding obligations and pay all your bills on time for at least two years.
Trevor Curran
NMLS #40140... more
There are no limitations on who can purchase a short sale. All the bank cares about is the color of your money. Though many real estate agents have gone through some course and claim to be short sale experts, Ive found that you are best served by paying a true expert who has done nothing but loss mitigation and short sale negotiating for private buyers and clients of real estate brokers.
As a former 30 year mortgage company owner, I recommend Metro Mortgage Consultings Bill Kimmer. Contact me if you want his information---I dont want his email or phone here to be spammed. I will not try to solicit your business, as I dont take personal interests in mind when making a recommendation.
There is a fee for this type of help but its worth its WELL worth it.... more
The best deals are not foreclosures but bank owned. There are many scams out there and we think we have seen them all and then a new on comes along just a little different but it is still the same old. Work with a Realtor and they will find you the best buy. Good luck to you.
Tom Inglesby... more
Thumbs up to Jennifer. There is a lot more to the question. For example, you didnt specify the TYPE of property. I specialize in valuing homes for banks that are considering loan modification oir foreclosure. I have completed almost 3,000 in the two major counties here within the past 28 months. We are suddenly seeing a change to the market---More desireable areas are starting to sell but dont be misled by the figures. We are still WAYYYYY below normal and values are holding at neutral to an occasional increase but there enough reasons to fill a small book.
To nutshell it, everyone has been waiting for many reasons. Buiyers had to sell their own but had no equity. Some buyers were/are waiting for a BOTTOM. Most sellers were waiting because they had no equity or were waiting for an increase. There are times when people have to buy or sell no matter what the market. Its been over 2 years of 'hurry up and wait'. Some buyers, especially investors, feel its enough of a drop so far to get back into things even if we see more drop. In my opinion we have a GENERAL state decrease of possibnly 20 to 25% before a true bottom.
There are not many buyers for the more expensive neighborhoods but so few homes for sale that it seems like a great market. We cant answer your question accurately without knowing more. Type of property, price range, etc. And, you have a specific , unique area in the Irvington but also throw in 'North Portland', which has a wide variety of types/ages/etc.... more
I can recommend Daryl Pulley. He is located in N. E. Portland off of Sandy Blvd. Joan Bowyer-Principal Broker-John L. Scott Real Estate- 30 years of helping buyers and sellers.
Obviously this will depend from where in the Portland area you will be commuting from, but generally you will be going in the "opposite direction" from all the heavy traffic. If you live in the N or NE part of Portland, in neighborhoods like St. John's or Kenton, your commute to Vancouver could be as little at 15 minutes one way. There are also certain parts of SE Portland where you can easily access I-5 or I-205, that would allow for a short commute as well. Typically your morning commute will probably be a little faster than your evening commute, but shouldn't exceed 30 minutes normally. Hope this helps!... more
Homeowners insurane is the same with or without a loan. may i suggest you contact becky wiley american family insurane for a quote. premeims depend on valur, replacement costs, age, location and similar/other criteria.... more
A great buyers agent is an experienced negotiator, honest, knows the market, protects your interests, and makes the home buying process clear & understandable at each step.
To find a great agent, ask your friends/family/co-workers for a recommendation. Interview a couple of agents and see who feels like the right fit.
Here are some questions to use for an interview:
How many years have you been in the real estate business?
How long do you plan to remain in the business?
Are you full-time or part-time?
Over the last year, how many sale and purchase transactions have you handled?
What is your real estate educational and training background?
What professional designations have you earned?
Will you share reviews youโve received from previous clients?
Do you have experience and training in negotiating?
Will you keep me informed from offer to closing? How often? In what ways?
How can I contact you?
When are you usually available?
Check out the agents' online presence.
Have them explain the home buying process to you during the interview (are they comfortable and enthusiastic about the process, do you like their communication style?)
Explain the type of home and neighborhood that you would like to find (do they have ideas, and make suggestions that sound good to you?)... more
Condo costs vary widely. Condition, location, amenities, parking spot, laundry.. lots of variables.
post again and narrow down with some more specifics and you'll get better responses.
When looking at Condos...keep in mind a few extra important items: Home owners association aka HOA dues (again these vary widely) Strengthof HOA (its important to know if the HOA is in good shape)
Market value vs Assessed Value: Assessed values were established back in the 90's and then are increased by a max of 3%/ yr. In most cases the assessed value is still much lower than market value.
Cricket Forsey
Keller Williams Portland Premiere
www.forsalebyforsey.com... more
Residential Property Management is here in Portland and work with people who are looking for a rental and people who have property to rent. Give Bob Johnson at call at 503-245-8022 or check their web site. Please let them know I referred you.... more
I have a whole blog practically dedicated to short sales. A huge amount of information needs to be passed to the buyer. I would start by saying that it takes at least 3 months to close and the pitfalls are numerous: the seller generally won't make repairs, the bank can pull out at anytime, and it can get delayed over and over again for almost no reason. You need to work with someone who knows the process from start to finish. (CSSA - Certified Short Sale Agent)... more