Back in November of 2018, Kelley and Satomi were referred to my by one of the lenders I work with. They had just been given notice that they needed to be out of their rental home soon, and they were in a bit of a pickle. I met them for coffee and I think within 48 hours later they had an offer accepted on a skinny house over in Mill Park. When they bought that house, they were using the Oregon Bond, and they were literally the last buyers to lock in a low rate- within an hour or two of the lender locking them, the Oregon Bond rate went up enough so they would not have been able to afford to purchase the home. They loved their home, but when their daughter was accepted into a magnet school in Portland Public Schools, they decided they needed to move to a house within PPS district, so we started planning to get their home ready to list.
Meanwhile, some good friends of theirs who owned a home in Madison South got word that the house directly behind them was going to be hitting the market soon. That home was a more contemporary version of the skinny house Kelley and Satomi already owned, but this home had a much larger yard and far more upgraded finishes. We tried to see if Kelley and Satomi could buy it off market, but the seller really wanted to put it on the open market. In the meantime, we listed Kelley and Satomi’s house in Mill Park, and 4 days later they had an accepted offer on their home and were free to look for a home without writing a contingent offer. As luck would have it, one day after Kelley and Satomi’s house went under contract, the Madison South contemporary came on the market. We went to look at it immediately and it was perfect. We wrote up an over asking offer that evening hoping the seller would accept right away. The seller decided to keep it on the market at least through the weekend, and at the end of the weekend, we were the only offer.
The seller accepted Kelley and Satomi’s offer, and thirty days later it was key day!
