Blog Buyer First time buying in a pandemic

First time buying in a pandemic

By Carson Mead, June 8, 2020

I started working with Bryan and Maeve back in February when we were all living in our pre-Covid worlds. We toured together, wrote competitive offers and ended up in back-up position a couple of times. When everything escalated in March, they moved from backup to first position on a house in NE Portland. It seemed perfect, that they might be able to get into their new home right before the lock down really changed how we search for homes. Alas, my very thorough home inspector discovered that the house was built on a brick foundation under the concrete. They thankfully pulled out of that deal and decided to take a pause.

As the very long month of March turned to April, and we got more information on how to more safely tour homes, we started up the search again. They were offered backup position on another great house in NE Portland, before finally finding their perfect house just a few blocks away. It had been renovated (with permits!), but the original charm of the house was very much still intact. We moved very quickly presenting a strong offer, and organized all the necessary contractors to complete a thorough inspection. We were able to negotiate a lot of the more serious needs (see my previous post: a sewer scope is the best $125 inspection). The transaction went really smoothly, and we were able to close quickly. As we don’t have five or hug right now, we did a dance of joy in the living room on the key hand off.

My buyers are so excited to be moving into their first home. It was three years of hard work and saving that made it possible for them, and now they can stretch out in their big back yard and cute, cozy house.

Carson Mead

Broker & ADU Specialist

My first introduction to the world of real estate came in 2004, when at the age of 22 I bought my first home in NE Portland with my sister. I still remember what a monumental life transition that was. Buying my own home laid the foundation for a lifelong love of all things related to houses. I enrolled in a year-long Building Construction program to gain more knowledge in housing systems and techniques. I have used those tools to enhance my own home both inside and out. I joke that my favorite part of a house is the basement, as that’s where I can see the health and maintenance of a home’s systems: plumbing, electrical, HVAC, foundation etc. While a home inspector is the professional on helping to understand the story of a home, I like to provide as much due-diligence as possible up front before you spend the money and get into contract. Ultimately my goal is to meet you in any endeavor that you are wanting to undertake. If you are looking to sell, I will develop a strategy that makes sense for you with your goals, timelines and marketing strategy. If you want to invest in your home before going on the market, we’ll look at what you can do to maximize your profit: be it refinishing floors, painting, modifying light fixtures, and getting it staged. If you need to stay in your home while selling, I’ll bring in my stager to help get perspective on how to pare down the feel of your home and have tangible goals to achieve in getting ready to go on the market. If you are looking to invest in Portland real estate, we can talk about the big four in analyzing properties. Rental income, principal reduction, equity growth and tax benefits. I work with spreadsheets to outline these assets so you can see the short and long term performance of your investment. Once last piece of my professional and personal life that I spend a lot of time thinking about are ADU’s (Accessory Dwelling Units). Also known as mother-in-law units and granny flats, these can be detached or attached. When I see a home, I look at the property in detail to see how the home is oriented on the lot and if it is ripe for a detached ADU (new construction), or if it is a good prospect for creating an attached unit (a basement apartment). I also look at the zoning to see what kind of potential this could add. I am in mid-process building my own detached ADU. The structure is going to be modern with clean lines and open concept. I live on a corner lot, which means the ADU can have it’s own street entrance. I also have zoning which will allow me to split the lot if I choose and sell it separately at some point. My plan is to keep it as a rental, but this will create a lot of flexibility both short and long term. I am a cooperatively focused broker, with a passion for helping people achieve their goals and succeed in their endeavors. I am patient, understanding, trustworthy, and truly care about your best interests. I serve on my neighborhood association board and the larger Northeast Coalition of Neighborhoods. Please let me know if you'd like to share a beverage, coffee, tea, beer/wine to talk about what’s important to you and see if it would be a good fit to work together. All the best— carsonmeadpdx.com yelp
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  • T: 503-853-5446
  • F: 503-961-8224
  • carson@livingroomre.com

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