By Andee Zeigler, July 8, 2019
My clients loved their home and the location, close to parks, public transportation, bike routes and fun commercial areas. What they didn’t love was the layout and the need for a pretty major remodel. We ran the numbers on the work they wanted to do and the reality of living through a remodel versus keeping their mortgage roughly the same while moving to a home that was already done. In the end they decided it was best to sell and move on.
Once their home was on the market we started looking, keeping in mind that their buying power wouldn’t be concrete until they had a buyer. They found a home that they loved so we got to work on getting a contingent offer accepted. It was tricky, they knew they needed to drop the price on their home to get it move quickly but didn’t want to risk a price drop with a bumpable offer on a home that they love. We negotiated with the seller to move it to “pending” and give them a week at a lower price to get a quick offer. It worked! They had multiple offers within a weekend and were able to move confidently forward into inspections on their purchase.
There are so many little quirks to each transaction, making sure you always keep contingencies lined up to minimize risk, finding a buyer and buyers agent that you can have confidence in and a patient well represented seller is icing on the cake! They were able to close on the sale of their home, rent back for a week and move into their new home, plus we had fun along the way!
Andee Zeigler
Principal Broker | OR
She/Her
I have called Portland home for over 20 years and can’t imagine raising my babies anywhere else. I have been a REALTOR® for over a decade and still wake up every day delighted that I truly love what I do...
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- T: 503-901-6864
- andee@livingroomre.com
