Blog Stories On Loss and Closure

On Loss and Closure

By Kim Parmon, August 23, 2019

Losing a parent is awful.  When my friend Darian’s mom passed away I could tell that he was overwhelmed and devastated.  Beyond the emotional toll the loss took on him was the overwhelming task of settling her estate.  There were just so many moving pieces.  I could see that it was a lot.

Darian and his wife Maranda are interested in owning rental property.  When the dust settled a bit they talked to me about selling his mom’s house.  But was that really the right option for them?  I knew they wanted a rental portfolio and it seemed like the numbers made sense for this property.  Would they want to keep it?  They decided to explore their options and see if it was feasible to do.  I was glad to hear this.  I’m less interested in selling real estate than I am in making sure people are making the right financial decisions for themselves.  I wanted them to explore all of their options and be totally sure before putting the house on the market.

After taking stock of the estate as a whole the decision was made: they were going to sell.  And so we did.  After being on the market only a few short days we received multiple offers on the house and eventually closed at 12% over the asking price.  As sad as I am that they weren’t able to keep this property to help them with their long term financial wellness plan I’m so happy that I was able to help them through this difficult time.

I know that no one likes to think about it but do you have a plan in place for your family?  If you don’t have will, you should!  Here’s a free place to do it.

Be well, my friends.

Kim Parmon

Principal Broker

Kim is the first person who will tell you she never expected to be a Realtor. She's had many creative jobs in the past and spent years as a high-volume bartender-turned-bar owner, which she feels gave her an essential skill that translates beautifully into her career in real estate: the ability to juggle 1,000 things at the same time while keeping everyone calm! She became obsessed with buying a house after the market crashed in 2009, finally buying her very first teeny-tiny dilapidated bungalow as a short sale in 2011. She and her husband, Matt, spent a few years fixing it up, then sold it for a profit and bought another project. And then they did it again. And the rest is history! Kim's talent for finding diamonds in the rough has made her into one of Portland's most sought-after investment Realtors. She loves seeing the missed potential in properties and has all kinds of tricks up her sleeve to find great investments but this talent is equally useful when it comes to traditional buyers and sellers. When you buy a home with Kim's assistance you can be sure that she is looking at all angles of the purchase to make sure it aligns with your financial goals as well as your lifestyle and she will stop at nothing to make sure you are taken care of! Some of her clients think she's gotten their offers accepted through sheer force of will! When you list a house with her she will go above and beyond to present your house in the best possible light to make sure you maximize your return on investment. Above all else, Kim prides herself on her integrity and believes that everyone deserves a caring Realtor partner who truly listens and tries to do what's right for her clients, even when no one is looking. She is thrilled to call this beautiful city home and can't wait to help you make your dreams come true through real estate.
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