Blog Stories Dream Home, Nightmare Transaction

Dream Home, Nightmare Transaction

By Kim Parmon, March 19, 2018

I met Charlotte and Chris last summer.  A longtime client put us in contact- they were moving from out of state and were savvy buyers that needed an agent who spoke their same investment language even though they were looking for a home for their family.  I liked them both right away!

They flew into town for a couple of days and we toured a variety of properties all over Portland, geeking out on architecture and the possibilities of each one the whole time.  I was in heaven!  I would spend my free time walking homes and dreaming about the possibilities if I didn’t do this for a living already so meeting people with similar passions is always fun for me.

By the time they left town they had fallen in love with an old farmhouse on a couple of acres that was badly in need of restoration.  We went under contract on the farmhouse at a great price but things fell apart during inspections.   I could tell that Chris and Charlotte were bummed out.  Several trips into town and many, many toured houses later we stumbled on a beautiful 26 acre estate with a home that needed a lot of work out in Troutdale.  It was the opposite side of town than we’d been looking in but there was no denying that this piece of property was something special.

The home had been owned by only one family in the past and was now being sold as an estate and in disrepair.  During inspections we discovered a ton of items that needed attention and the average buyer would probably have been scared away.  Not Chris and Charlotte, though!  They were willing to stick through everything that came up!  We negotiated a hefty price reduction and made it to closing despite a series of hurdles that kept popping up all the way to the end (and I mean allll the hurdles- there were a ton).

Every once in awhile there’s a transaction where just about everything that can go wrong does go wrong and this property was that transaction for us.  However, we were blessed with great people in all roles: from the list agent to the seller to my wonderful buyers.  We all were able to stay reasonable and fair no matter what came up and we made it through!  I am beyond thrilled that I was able to help my clients purchase their dream property.  The end result was worth everything!

 

Original asking price: 699k

Final purchase price: 650k

Call Kim at 503-438-5101 for help finding your own dream home!

Kim Parmon

Principal Broker | Earth Advantage Certified | OR

She/Her

Kim Parmon Principal Broker  Lead Listing Agent Earth Advantage Certified | OR kim@livingroomre.com Oregon is the fifth state that Kim has called home in her life, and this one is sticking!  After moving multiple times in her childhood, Kim fully understands how empowering homeownership and having roots is.  She loves waking up every day in this beautiful place and wants everyone to experience what it feels like to live in their dream home. As a kid, Kim spent her free time wandering through open houses and exploring construction sites for the fun of it.  After careers in the professional ballroom dance world, the entertainment industry, and the service industry, Kim stumbled into real estate as both a passion and a profession through the purchase of her first bungalow.  After renovating it with her husband and selling it for enough of a profit to pay off their debt as well as buy a new house to live in, everything clicked: she decided to get her real estate license and help her community experience the emotional and financial benefits of homeownership.  Kim put down roots in Portland in 2015 and has cultivated a referrals-based business throughout the years.  She understands that real estate is a service and the experience she gives her clients is first-rate.  She works hard to anticipate needs.  She is responsive, thorough, empathic, and a skilled negotiator who enjoys market analytics and strategy as much as she enjoys connecting with her clients.  Her ethics and reputation are the cornerstones of her business and the happiness of her clients is the yardstick that she measures success against. Kim merged her business with the best agents in Portland at the beginning of 2022, which has allowed her to give her clients more resources, more advocacy, and a top-notch real estate experience.  She is honored to be a part of her incredible team and feels lucky to go to work every day. In her free time, you'll find Kim enjoying lazy evenings by the fire with her husband, daughter, and rescue dogs.  She loves dancing, live music, exploring all of the beautiful places around us in the PNW, enjoying a cider and a good meal with friends, and browsing Powell's for a great new book. Andee Ziegler  Licensed Listing Team Operations Manager andee@livingroomre.com Loving where you live will change your life. Everyone deserves that joy. For me, real estate has been a way of nurturing my community and doing what I can to help people find stability, grow generational wealth, and create a little space of their own in the world. For 15 years I found the most joy in helping first-time homebuyers, guiding my peers through their first major investment and dreaming up what home means for them. I’ve done restoration work on homes from a variety of eras, 1894 Victorian farmhouse to classic 1950’s ranch. I enjoy empowering new homeowners with the knowledge I’ve garnered over the years, from systems to finishes.  In 2022 I joined forces with some of the best realtors in the biz and shifted my focus to operation management for listings. This welcome change opened up space in my life: more cake, less pants.   Andee Zeigler | Licensed Listing Team Operations Manager | andee@livingroomre.com Jessica LeDoux | Lead Buyer Agent | Broker Licensed in Oregon | jessica@livingroomre.com  Karim Alaeddine | Operations | Principal Broker Licensed in Oregon | karim@livingroomre.com  Jenessa VanZutphen | Buyer Operations Manager | Licensed in Oregon | jenessa@livingroomre.com 
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  • T: 503-438-5101
  • kim@livingroomre.com

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