Being a Citizen of Portland

Being a citizen of Portland is not a matter of where you are from, it is a mindset you bring with you.
I’m here to give you one man’s opinion:
Everyone wants to close the gate once they’re in, but more and more fine folks are moving to Portland. I, for one, am a transplant from Seattle. I moved here following my heart and have made it my home.
Whatever your reason for coming to Portland, I want to make you feel welcome. I, of course, work with a whole bunch of people moving to our area. Some have stayed because it felt right, some have left because the perception was different than the reality. Some leave again for work, some leave because of the long grey winters.  I do want to say that Portland is not just one thing. There are many little cities hidden within the whole and I hope that people, families, friends, humans, dogs, cats and pet fish all are welcomed and can find their perfect niche to call home.
I’ve heard it said that our  transplants from the south (ie: California) often try to get rid of the license plate as quickly as they can. But in reality, this is a city of transplants, just don’t be a jerk 😉

Condo with a View

Transitions, changes, moves….that’s what this condo purchase was about. My client was leaving Nashville and heading to Portland so she could be near her son and his brother in Seattle. Having lost her husband several years earlier, she wanted to be close to them and start fresh. This was her first purchase on her own. 100% her decision! We were looking for the right neighborhood where she felt safe walking her pups at night. Where she could walk to coffee shops and restaurants, and where she could get to know the landscape of her new city, Portland! We checked out neighborhoods, looked at condos and townhouses and landed on this beautiful NW condo with panoramic views of Portland. And, now the journey of discovery begins!

Barb and Tom find their fresh start!

Congratulations to Barb and Tom!

Everyone loves a fresh start! My lovely clients, Barb and Tom just made the leap from Florida to Portland and scored a wonderful condo on the SW Waterfront. You wouldn’t believe the gorgeous views of the river and the west hills (swoon!). What a wonderful spot to land.

I met Barb and Tom a few years back when I helped their son buy a home in SE Portland. We hit it off immediately, they are so fun and lively! And as you probably know, moving to be close to family has been a trend with the pandemic. Plus they are retiring and were ready to downsize. We looked at a few lovely homes but in end, a condo made the most sense because of the low-maintenance lifestyle. I’m so excited for them to move in and have fun around the city with their family!

SOLD – Montavilla 4 Bedroom

I just want to congratulate my longtime client Linda on the quick sale of her 4 bedroom Montavilla home. This home was a rare find – a true 4 bedroom with commercial mixed use zoning, meaning you can run a small business from the home. Linda is the amazing single mom of triplet college-bound young women, who will be starting the next phase of her life in her new home in Vancouver.  As always Linda, I wish you well and look forward to seeing you in your new home!

There comes a time when all the pieces fall into place!!

Congratulations to the Voelkers!!

 

I’m so thrilled for the Voelkers and their new home!! They exemplify patience and stick-to-itiveness! And now they have keys to a sweet 50’s ranch in a great neighborhood close to their friends. 

Everyone knows that things don’t always happen on your timeline. Sometimes you’re rolling with the punches and pivoting more than expected. The Voelkers were always game to try things out and walk away when it wasn’t right. That’s especially hard to do in a seller’s market and there’s no guarantee the next one will be any easier for a buyer. But, again, patience and persistence run deep in this family, and I admire that! Buying a home is no small thing and you should only buy the house that is right for you. This is surely the home that is right for the Voelkers! Cheers!

 

 

Second Offer is the Charm in Kenton

My buyer Clayton was referred to me by some of my favorite past clients ever, so I knew he was going to be great to work with. His ideal home would be in North Portland where he has lived for a long time as a renter, and would have the space and bedroom count to be able to comfortably rent out a room or two to roommates. He lost out on 2 houses, but they were not the best houses for him anyway. And when a great 4 bedroom house (2 beds on the main floor and 2 beds upstairs) came on the market he went to the open house and met the listing agent who was super impressed by how kind Clayton is and how through of a job he did looking at the house (he even went into the crawl space!). He loved the house and we wrote up an offer, and thanks to his letter and the listing agent explaining to her seller how awesome Clayton is, the seller wanted to sell to Clayton, but with another offer on the table that was over $100,000 over list price, the seller went with the crazy high offer.

Within a few days though, that buyer came back through with her mom and came to the realization that she was paying way too much for the house. That buyer tried to renegotiate with the seller to a lower price, but the seller wasn’t pleased at all so the listing agent came back to me to ask if Clayton was willing to add $30k to his initial offer amount, and Clayton was not willing to do that. So back on the market they went, and Clayton went back to another open house there and still loved it. We wrote up another offer which was higher than his first offer, but not as high as the seller had wanted to keep the house from going on the market.  We waited for the weekend to be over to see if any more offers came in, and of course on the last day another offer did come in. Thankfully the listing agent was still rooting for Clayton, so they came back to us and asked Clayton if he would revise his offer amount higher by $15k to match the other offer. That seemed entirely reasonable so we upped his offer and the seller accepted.

The inspection went really well, and with the exception of a really bad appraisal that came in slightly low, the transaction was otherwise smooth as could be! When I met Clayton at the house to hand over the keys, he seemed slightly bewildered and in awe that he pulled off buying such a great house, but most importantly, he was super excited.

Sophisticated Cape Cod with Updates Galore

Just Listed: 9029 N Van Houten Ave

Offered at $565,000

9029 N Van Houten Ave, Portland OR 97203

3 Bed | 2 Bath | 2698 SF | MLS# 21229005 | Taxes: $4,594

OPEN HOUSE:  Saturday  7/17 1pm-3pm 

TAKE THE VIDEO TOUR HERE


Come see for yourself just how much space, charm and value this house has to offer! With updates galore and a spacious yard, you’re going to fall in love with this sophisticated home!

As you enter, you are greeted by an inviting living room featuring hardwood floors and a big picture window to let the sunshine in.  

]

Flowing nicely from the living room into a completely remodeled kitchen, you’ll find stainless steel appliances, gas range, quartz counters, classic subway tile and plenty of storage/counter space for the home chef. The open dining area is perfectly situated providing a lovely view of the backyard. Convenient access to backyard off kitchen and dining room.

As you make your way around, you’re going to love the versatility and spaciousness this home offers! The layout of the home is ideal, offering 2 bedrooms and one full bathroom on the main level.

Winding your way upstairs you’ll find the third sizable bedroom with vaulted ceilings. From there, a separate staircase takes you even further up to the unfinished attic room which is ready for the final details! It has great ceiling height, fresh insulation and a new egress window. This special space is just waiting to become whatever you dream it to be!

Making your way to the basement, you’ll find a clean and spacious partially finished, full basement with great ceiling height!  3 bonus rooms plus one more full bath and a big laundry room! These bonus spaces could easily be imagined as a media room, home office, home school room, art room or even another bedroom… really, the possibilities are endless!

The backyard is a dream! Offering beautiful flowering shrubs, established landscaping, a fuji apple tree, strawberries and marionberries. The yard is fully fenced for privacy which makes this a delightful private space for entertaining or enjoying on your own. Also included in the backyard is a walk-in shed with shelving, window, recently replaced roof and a high ceiling.

Features include:  Recently replaced roof and exterior paint plus updated double pane windows, electrical panel, water heater, plumbing in home & sewer line.

Located on a quiet, tree lined street in an ideal Portsmouth location close to New Seasons, restaurants and parks!

First time home ownership joy!

Congratulations to Rana!!

 

There are so many things to love about helping folks buy a home! I meet so many different people with many stories about why they want what they do and how they plan to achieve their real estate dreams and goals. But seriously, nothing is more gratifying than helping someone become a homeowner for the very first time! The joy!

It was so wonderful working with Rana to help make that dream a reality. She is a focused and intentional person who powered through the process like a champ. And every time we thought there might be a bump in the road we were able to negotiate on her behalf and smooth everything out. She is the first woman in her family to buy her own home!! Her Grandmother is so proud! This was definitely meant to be and I couldn’t be happier for Rana!!

 

Finding Perfection in Parkrose

Sarah and Craig were referred to me by a dear longtime client. They just had a baby and were ready to buy a house to settle into and raise their kid in. When we first spoke this past spring, they had not yet spoken with a lender and didn’t really have an idea of how much they could qualify for. I gave them some names of great lenders I work with including the Portland Housing Center. After meeting with Portland Housing Center’s loan officer, they found out they qualified for a $15k grant if they bought something in the City of Portland, so that sealed the deal for them on which lender to use.

Once they had their pre-approval in place, they headed into the stinky soup that was the Spring 2021 Portland Housing Market on a quest to find a home that was big enough for their growing family, had character, was near a freeway for Sarah’s job commute to Hillsboro and had a yard big enough that met Craig’s criteria for having as much outdoor space as possible. They picked the most difficult time ever to buy a home, which meant getting caught up in the offer after offer and rejection after rejection loop. I kept reminding them that their house would come along and it would be the best of the bunch, and as frustrating as it all was, they kept their eyes on the prize.

After a couple of months of being in the Twilight Zone of offer, rejection, offer, rejection, a super sweet mid-century in Parkrose came on the market. On paper it hit every mark they were looking for- including not needing any major repairs or work done. Before we went to see it, Sarah had a feeling that it was going to be their house. It was priced really low for what it was- a 3 bedroom, 2 bath home with a formal living room and a giant family room with a garage that had been converted into bonus space, hardwood floors, a mid-century vibe, and a backyard that was as lovely as could be. After checking it out, we all felt the vibe that this really was their house. Because it was priced so low, they came in super strong on price, and offered to buy it as-is, barring any major repairs the house may have needed and had a small appraisal gap included in case it didn’t appraise. With eight offers on the table, the sellers decided to accept Sarah and Craig’s offer.

The home had been well maintained and the inspection didn’t turn up anything major and the appraisal came in at value! Everything went smoothly and we were able to close a week early. And I’m pleased as punch that yet again, despite the long and bumpy road to get there, in the end Sarah and Craig came out of their house buying adventure at the top!

You can’t rush something you want to last forever

Congratulations to Jason & Tonia!!

Jason and Tonia are two of the sweetest repeat clients I have! We have bought and sold and bought again and each time we work together I am reminded what smart and kind-hearted people they are.

Jason and Tonia worked hard to turn their little bungalow into a little gem and enjoyed a smooth sale. After selling their house, they made the really smart decision to rent until they found their next dream home. I know this isn’t an option for everyone for various reasons, but it really helps if it’s possible. Jason and Tonia could take their time and didn’t feel as much pressure to over-bid or succumb to some of the craziness buyers are feeling in this market. They lost out on a few houses but in the end, being able to wait for this perfect house was totally worth it! They sailed through inspections and are so excited for their next chapter!

Darling Grant Park Bungalow

Just Listed: 1809 NE 32nd Ave

Offered at $565,000

1809 NE 32nd Ave, Portland OR 97212

2 Bed | 2 Bath | 1880 SF | MLS# 21250324  | Taxes: $4,589

OPEN HOUSE: Saturday 7/10 2pm-4pm

Welcome to this dreamy Bungalow with character galore, perched perfectly on a corner lot! Located in one of Portland’s most sought-after neighborhoods, you’ll be immediately drawn to the classic front porch, gorgeous landscaping and timeless features.

As you enter the home, you are greeted by an expansive living room and dining room which feature hardwood floors, fireplace and classic millwork. This space is perfect for entertaining or just spending an evening in front of the fire. The large dining area situated at the south end of the living room features a stunning bay window overlooking greenery.

Flowing nicely from the dining area into kitchen you’ll find a gas range, stainless steel appliances, fun & colorful tile and an ample amount of storage. The cute breakfast nook off the kitchen is a wonderful spot for morning coffee!

The layout of the home is ideal, offering 2 bedrooms plus one full bathroom on the main level.

And making your way downstairs you’ll find a clean and spacious finished basement with 2 bonus rooms and one more full bath! So many possibilities with the bonus spaces, one of which includes built-in shelving. Either room could easily be imagined as a media room, home office, schoolroom, art room… really, the possibilities are endless!

Exiting through the south side or through one of the bedrooms on the north, you’ll find a beautiful garden oasis waits for you outside! The backyard is fully fenced providing the perfect blend of privacy and space. Gorgeous, established landscaping surrounds a darling patio and deck- great for entertaining!

A short walk to so many amenities: Grant Park, New Seasons, restaurants, drug store, etc… plus Hollywood shopping district is nearby. Enjoy all this wonderful neighborhood has to offer! So much to love in this well-maintained and inviting Grant Park Bungalow!

Delayed Gratification is a Pain

Congratulations to Emily, Patrick and Elliott!

Key Day is always a big deal, but these keys in particular were a big hit with little Elliott. With the keys to their new home in her hot little hands she was ready to unlock every door in sight!

Unfortunately, this little family won’t be moving in for a few weeks. One of the terms that helped get their offer accepted was an agreement to allow the seller to occupy the home after the closing date.

That delayed possession can be a little frustrating for excited new homeowners. But in this competitive market a willingness to provide sellers with that flexibility can help get your offer accepted.

I’ll be celebrating with with these happy homeowners again in a few weeks when they take possession of their home and finally get to use those keys on the front door.

– – – – – – – – – – – – – – – – – – –

Interested in making Portland your home?

Call Cheri Harney, at 503-319-4858.

Some things were just meant to be!

Congratulations to Brittany, Ryan & Marcia!!

 

I had such a lovely time working with Marcia, Brittany & Ryan! They were so very put together and focused throughout the process. We looked at a good number of homes although it wasn’t long before Brittany knew ‘This is the ONE’!

As you know, we are in a Seller’s market and it’s not likely that all issues will be addressed in a home purchase these days. Luckily we were matched up with great Sellers and we were able to negotiate a sizable credit to repair some important issues. Nothing makes me happier than knowing my clients will have a smooth transition into their new home and not have to worry about major repairs.

It’s so important to me that my clients have a great experience and are happy with the whole process and know that I’m there for them every step of the way!

Cheers to Brittany, Ryan and Marcia!

That Time My Buyers Found Their Dream Home In the Perfect Location

I couldn’t be more excited for my very dear longtime clients Emily and Ben. They outgrew their vintage cream puff bungalow in Foster Powell that I helped them purchase 7 years ago, and despite the horrors of the current market, they were able to sell their very much loved home and get under contract and close on an even better and bigger house that hit nearly every single one of their check-list items before they have to be out of their bungalow.

When we started looking, they knew they wanted to stay in SE, preferably south of Powell and their ideal home would be a south facing mid-century home with all the space they needed with a minimum of 3 bedrooms, a separate space for Emily who works from home, a space for Ben’s music studio and a dedicated area for arts, crafts and sewing. And plenty of room for growing Emily’s beloved flowers. They love mid-centuries and the more original, the better. We looked at a bunch of houses that were of course not quite right, and then we went to go see a super cool mid-century right off Mt. Tabor. We spent quite a bit of time in the house, and they were absolutely in love with it. The house had all the spaces they wanted and a fantastic layout, the yard was perfect, it had a detached studio space and rumpus room in the basement. While it was not south of Powell, at the time we left the house, they felt like they could work with the location because they loved the house so much. There were a couple of things they weren’t crazy about though- mainly that hardwood floors had been replaced with engineered wood floors, and a lot of the mid-century charm had been made a little too slick for their taste- but it was done so well that they were ok with how fancy it felt. The house was at the top of their price range, but they always felt that for the right house, they would be willing to stretch.

A day later, after sleeping on it, with tears in their eyes and hearts, they decided to go with their gut feelings and not put an offer on the house because of the 2 things that weren’t perfect- the location felt too far north for them and they would prefer a less updated and more original mid-century. It took a few days to get over that house, but they did. And then about a week later, a house came on the market south of Woodstock in Eastmoreland Heights and from the photos, it looked really similar to the mid-century house they decided not to write on. We went and saw it and realized that  not only did it look like that other house, it was literally the SAME house! Same exact size, same layout on the main floor, a similar but better layout in the basement, same location of closets, and very similar yard. The Mt. Tabor house had the garage in the basement, and this house had a detached double garage which meant more living space in the basement, and with the large garage, a perfect space to turn into a music studio. And even better- this house was still much more original in terms of mid-century charm. One of the things they loved about the Mt. Tabor house was that the sellers on that house took down the wall between the dining room and kitchen for an open layout, and while this new house still had the wall intact, Emily and Ben felt like this was a house where they could take one of the things they loved about that Mt. Tabor house and do the same thing in this house- only they would get to do the kitchen exactly how they wanted.

Before we left the house after seeing it, we knew without a doubt that this was their home- no ifs, ands or buts. We went home, wrote up a fantastic offer and then waited for the weekend to run through it’s course. In the end, there were 6 offers, but we had written up such a good offer in terms of price and terms, and we were the first offer in and I shared the listing on Mt. Tabor with the listing agent to show him how much my buyers wanted this house, that the sellers accepted Emily and Ben’s offer. And to top it all off, the house had a brand new roof, new sewer line, brand spankin’ new central air conditioner, new water line, and a decommissioned oil tank with paperwork so the house is totally move-in ready. Meanwhile, the Mt. Tabor house closed and it turned out that they are spending $170,000 LESS then what Mt. Tabor version of the house sold for. This was the ultimate in finding the right house, in the right spot, at the right price.

Gorgeous Green Hills Property

 

Congratulations to Sophie & Patrick!

I’m not sure if many of you know this about me, but my first love was actually Architecture. I studied at Iowa State University and worked as an Architect for over 6 years before making the switch to Real Estate in 2004. It really comes in handy to understand engineering and materials when I’m helping just about all of my clients. Although in this in this situation it really came in handy that I have a degree in Architecture because Sophie and Patrick were interested in finding as much land as possible, as close in as possible to build their dream home. They found a gorgeous acre in the Green Hills neighborhood! And we were able to talk shop and confirm it’s a great spot for their next big chapter. 

I’m so thrilled to be able to help them and I’d love to work with anyone you know who might need my expertise. 

 

Bernadette, wishing you lots of love and happiness in your new home!

Congratulations to Bernadette!

I’m so happy to give keys to my best friend, Bernadette! We found her a great house in a wonderful location. I just know that she’s going love living there! It’s a cute 3 bedroom with a great yard and tons of light! I wish her all the best! -Cheers!

Finding the Perfect House in Richmond

Congratulations to my buyer Brooke on beating out 10 other offers to snag this perfect home in the Richmond neighborhood. Brooke found me because her sister’s kids attend the same school as my kids in SE Portland, and they were looking for an agent familiar with the area. Brooke is from Seattle and recently went through a divorce and sold her longtime home in Seattle with the intention of moving to Portland to be closer to her sister. Brooke has a daughter that has some disabilities and is mobility challenged, so the home she knew she wanted to purchase would ideally be near her sister, and have the right set-up for her daughter to be able to get around on the ground floor, and have a flat backyard. We spent a good 2+ months on the hunt, which meant nearly every weekend for 2 months Brooke drove down to Portland from Seattle to check out houses. She wrote offers on 3 homes and while it was brutal to go through rejection after rejection, in the end it was all good because like most buyers, the best house was the last house we saw and she wrote on.

The Richmond house is only 7 blocks from her sister, has the perfect layout on the main floor for her daughter to get around in, has a gorgeous bedroom suite upstairs that feels like a sanctuary with light and views of trees for days and bookshelves to fill. The whole house also has the kind of charm that Brooke was looking for. When we toured it, Brooke just kept saying, “this is my house!” And at one point she found the laundry shoot in the downstairs bathroom and squealed with joy. Like a lot of great homes, the home was clearly listed far too low, and while it was hard to stomach writing an offer for 30% over list price, Brooke was ok with it because this was clearly her house. Because the house was listed so far under value, it received 11 offers- with most of those offers well over 20% over list. But this was Brooke’s house and thankfully the seller understood and accepted Brooke’s offer. We did a quick close, no repairs and while the process of finding the right house and getting under contract felt like it took forever, once her offer was accepted on the Richmond house, it was a lightning fast process to close.

Here’s the Start to a Wonderful Adventure!!

Congratulations to Shannon & Cesar!

Yaaaaay!!!

We just helped some very special people buy a very special house! Cesar and Shannon were amazing clients. They did everything necessary to jump into a crazy housing market and succeed! We looked at quite a few houses and only lost out on one along the way. It turns out that Cesar and Shannon are quick learners. So after losing that one, we were soon back on the saddle!  With their feet now wet they were ready to put together a sharp offer on the next property. And they got it! 

I wish them all the best in their new house! It has a lovely yard in the front and the back. Plus a really cute updated kitchen. Cesar loves to cook, so I know they’ll have a great time in that kitchen!

Cheers!!

 

A Five Year Journey to Becoming a Homeowner

My super special buyer Ta’ Neshia contacted me in early April to see if I could help her complete her long journey of buying her first home. This single mom had spent the past five years working with the Portland Housing Center to build up her credit, save for a downpayment, and get educated about the home buying process. She finally reached mortgage ready status, and as a veteran, qualified for a VA loan. Once she started the process with getting pre-approved, she found out she qualified for a $90,000 N/NE Housing Strategy  Preference Policygrant as well as a $15,000 down payment grant through the local land trust non-profit Proud Ground because she is a veteran. So between her N/NE preference policy grant, her Proud Ground grant, her matched savings from Portland Housing Center, and her VA loan, she was able to string all of it together to be able to have the funds to finally buy a home.

Even with the Preference Policy Grant, her budget was on the very low end for Portland- under $400,000, and making matters more difficult, she had to buy a home within the Interstate Urban Renewal Area- which over the last 10 years homes have easily doubled or tripled in some cases in value. Ta’ Neshia said from the first time I met her that she was going to trust in the universe and felt strongly that despite her challenges on paper, it was going to all work out. Her kids are in middle school and really needed their own rooms, so finding a 3 bedroom home was a must. We looked at one townhouse that she could afford and she was willing to go for it, until she started thinking about actually living in the less then ideal space. A week later, a townhouse in the Bridgeton neighborhood right off Marine Drive and the Columbia River came on the market. We went to see it and I could tell she was in love. It had a great layout- 3 bedrooms plus a bonus space upstairs and a great kitchen, dining room, living room and garage that could easily be turned into living space on the ground level. The seller had purchased the unit from a contractor who had re-done the builder basic kitchen into a beautifully functional kitchen, and the seller added her own chic touches everywhere.

It was the second home we saw together and we both felt that this was meant to be her house after we spent time there. We wrote up an offer that same evening and crossed our fingers. Thankfully, my wonderful Living Room Realty colleague Virginia Barden was the listing agent, and I was able to convey to her that while Ta’ Neshia’s offer on paper probably didn’t look as “good” as an offer from another buyer between her down payment assistance grants, VA loan and the need for a 45 day minimum closing, that we could at least offer over asking, no repairs and a small cushion for an appraisal gap. The seller received three compelling offers and Virginia was able to give her seller the full picture on Ta’ Neshia and how hard she had worked to get to this point and how committed she was to this purchase. Thankfully the seller was moved by Ta’ Neshia’s story and  decided to put her money where her mouth was and accepted Ta’ Neshia’s offer.

It was such a pleasure and honor to be able to help Ta’ Neshia round out all her hard work and hand over keys. When it was all finished, Ta’ Neshia said one of the best things any buyer has ever said to me-  Thank you for being the best advocate I didn’t even know I needed.

 

Multnomah Village Meticulous Townhome

Meticulous Multnomah Village Townhouse

Just Listed: 7438 SW Capitol Hwy

Offered at $525,000

3 Bed | 3.5 Bath | 2091 SF | MLS# 21616366 | Taxes: $7836 | HOA $305 Monthly

OPEN HOUSE: Saturday 6/5 1PM-3PM

 

This well-maintained townhome in the heart of Multnomah Village has a great layout and wonderful updates!

Upon arrival, a lush garden invites you in. Entering the main floor, you’re greeted by high ceilings, hardwood floors and a flood of natural light. The spacious living room and dining room offer a wonderful place to relax and entertain. Rounding out the room is an oversized bay window and a lovely gas fireplace.

The main level layout is ideal with a kitchen, family room and a nice half bath on the main level. You’ll love all the kitchen has to offer: stainless steel appliances, ample countertops, a gas range, plenty of storage and a breakfast bar. Just off the kitchen is a large balcony deck overlooking the treetops. A lovely spot to sip your morning coffee or relax in the evening with friends.

The upper level has an ideal layout with two primary suites. They both offer big windows, vaulted ceilings and closet organizers. Plus, the home has a convenient central vacuum system for ease of use.

Carve out a place for yourself on the lower level with a full bathroom and third bedroom. This flexible space has many options beyond a bedroom: private home office, guest quarters, media room etc.

Just down the hall on the lower level is a large 2 car tandem garage with very high ceilings. A great space for storage with room for bikes, kayaks or more. Plus, extra storage in the stairwell closets as well.

This is a meticulously maintained home with newer: A/C 2019, furnace 2018 and exterior paint 2020.

You’ll love the fantastic location in the heart of Multnomah Village! Just steps to shops, restaurants, parks and all the neighborhood has to offer! Plus, convenient I-5 access.

Fall in love with this captivating, move-in-ready, townhome. It’s waiting for you!

What does it mean to Waive the Appraisal?

If you know anyone who has bought or sold property in Portland within the last year, you have likely heard stories about needing to “waive the appraisal” to be the winning bid on a home. While this strategy has been in play for a number of years, it now seems to have become a staple of nearly every winning offer in competitive multiple-offer-situations. But, what exactly does it mean to waive the appraisal? 

To understand this concept better, let’s start by looking at the normal process for an appraisal during a real estate transaction. 

When a Buyer finances the purchase of a home, the Lender requires a third-party Appraiser to inspect the property, and provide an opinion of value for the home. In order for the home to qualify for financing, the appraisal has to come in at or above the agreed upon purchase price, and also be free of any conditions or required repairs (more on that later). If the appraisal comes in below the agreed upon purchase price, then the home does not qualify for financing at that price, and the Lender will only provide financing that is based on the appraised value. 

For example, if you are under contract to purchase a property for $600,000 with 10% down, your Loan-to-Value ratio would be 90%, meaning the Lender is financing 90% of the purchase, or in this example, $540,000. If the appraisal came back with an opinion of value of $575,000 for the home, the Lender would then only agree to provide financing for 90% of that amount. In this case, $517,500. 

In this event, neither party (Buyer or Seller) is obligated to move forward with the transaction. However, if both parties would like the transaction to move forward, the appraisal shortfall is then typically negotiated between both Buyer and Seller. Either the Seller lowers the price to the appraised value, the Buyer brings more cash to the table to cover the difference, or they split the difference in some agreed-upon fashion.

In today’s market, however, many Buyers are pre-negotiating a potential appraisal shortfall, and either guaranteeing to make up the entire difference in cash, or, offering to bring a predetermined amount of additional cash to closing — on top of whatever the appraised value is. While this is certainly an aggressive strategy (requiring additional cash reserves on hand), it is also effective, as it makes the offer far more attractive to a Seller, who now has more of an upfront guarantee on what their final selling price will be. 

One of the obvious concerns with this strategy as a Buyer, is that you will overpay for a home, and give up some of the immediate equity that you might expect to have in the property upon purchasing it. While this is certainly a valid concern, in the Portland Market it has become a question, in many cases, of whether you would rather leverage some of your immediate equity, or perhaps not get into a new home at all. As a prospective Buyer, it’s important to make your offer as attractive as possible, when the Seller is selecting from a pool of 10-15 offers, so in most cases at least one of those offers will include this type of term. If you are not willing or able to, I totally get it. But, it may make for an uphill battle in terms of purchasing a home in the current market. 

It’s also important to understand that with prices trending upwards as quickly as they are, the data available for appraisers to use in their valuations is not necessarily completely up-to-date. With the typical escrow period being around 30-days, the most recent data for sold homes that appraisers are able to use, is typically already close to a month old by the time your transaction closes. So, there is some lag time between the value that can be statistically supported by an appraisal, in comparison to what the market will actually bear. As prices continue to rise in Portland, the most relevant data is what is happening in real time, rather than what happened 3-6 months ago, or even last month. So appraisals aren’t always able to keep up with the market. 

Enter: Appraisal gap coverage with cash. 

As a potential Buyer in this market, I feel it is important to understand this concept upfront, because it changes the amount of cash that may be needed to successfully purchase a property. While the vast majority of transactions I have closed with appraisal gap guarantees ended up actually appraising at the agreed-upon purchase price (meaning no additional cash was required from the Buyer), it is important for Buyers to understand that the risk is always there. So, they should feel comfortable with bringing the additional cash to closing, in the event the appraisal does come in low.

So, how do you know how much cash over the appraisal to offer, or whether it makes sense to include this in an offer at all? Well, I can’t give away all the secrets, but whenever my clients are planning to submit an offer, the first thing I do is research the recently closed comparable homes in the neighborhood to get a sense for the value I feel an appraisal would come in at. From there, we strategize on the offer amount, appraisal gap coverage amount to offer and overall terms. This is also where we ensure that the verbiage used to address how an appraisal shortfall will be handled is specific, and doesn’t leave the Buyer on the hook for any of those potential conditions or repairs that may be required by the Appraiser. 

If you’re thinking of buying a home, or have questions about covering a shortfall on an appraisal, please feel free to call or email me anytime! I love discussing Real Estate, and look forward to catching up with you all soon.

 

Feeling “Whelmed”

You know you’re doing something right in your career when a former realtor who no longer works in the industry trusts you to help her and her family find their first home to purchase. Munir used to work for the same company as my brother, who is a commercial broker here in Portland. So when it came time for she and her wife Lori to purchase their first home, she reached out to me to help them.

The journey wasn’t all roses and butterflies as we submitted offers on and didn’t get several homes that they thought were “the one.” Lucky for me these buyers remained patient, optimistic and good humored. At one point Lori told me she was feeling “whelmed.” Not overwhelmed or underwhelmed – just “whelmed.” 🙂

In the end, they are soooo happy with how it all turned out. They got a great house for themselves and their teenage daughter. It’s an adorable bungalow with a fantastic back yard with a fire pit for many fun nights with friends to come.

If you or anyone you know is looking to buy or sell a home in the Portland area, please contact Amanda Haworth at 503-453-7698.

The Start of a Beautiful Compound With Friends in Foster Powell

My buyer Alison got in touch with me over 3 years ago after she was referred to me by her close friends, who are old clients of mine. Alison thought she wanted to purchase a condo at a complex in the Brooklyn neighborhood because she had a friend who lived there, and the idea of easy maintenance seemed appealing to her at the time. For what turned out to be a blessing in disguise, none of those units came on the market while she was looking. She then decided to go to grad school and put her house hunt on hold while she went through school and figured out the next phase of her life.

We kept in touch as she made her way through grad school, and then last month, she called me because the house directly behind her best friends house- the same friends who referred her to me, who she had been podding with throughout Covid, had just come on the market. They were able to see it and Alison called me from the house to let me know about it, and that she was interested in purchasing it. She just finished grad school and was about to start a new job at the same organization she had been working at for years, and was finally in a more stable situation where buying a house made sense. I made an appointment and met her the next day at the house- and it was cute as could be. A granny ranch with the vintage pink bathroom and the vintage kitchen complete with pink stove still intact. The house had an almost identical layout to her friends house behind this one, so walking into it felt very familiar. The house was an estate and a little rough around the edges, but we could tell it wouldn’t take much to get it cleaned up and ready to go by getting the wood floors refinished, painting the rooms, removing or painting over some unfortunate 1970’s fake wood paneling and deep cleaning  the kitchen, basement and bathroom.

Alison had been on the path to becoming a home owner for over 3 years and now that she was finally ready, and the perfect house presented itself to her, the reality of actually writing an offer on a house was an internal hump she needed to process. The seller had a couple of offers and the deadline was approaching. Alison decided to jump in and we wrote up a great offer 10% over list. Thankfully the sellers accepted her offer and off to inspections we went. Her friends behind this house had already planned where the gate between their backyards was going to go and thankfully her friends are super handy and could help out with minor repairs. The inspection went much better then I thought it would, with the exception of a complicated sewer situation involving a blockage near where the sewer line for the house met the City lateral and it involved a ton of pooling in the line. I was able to negotiate a credit for that repair- though it took almost the entire transaction to sort it all out. And less then five weeks after she called me, I had the distinct pleasure of handing her keys!

 

It’s time to GET EXCITED!

Congratulations to our Buyers, Don & Jarred!!

No matter what you think of Tony Robbins, I think we can all agree that he’s got some really great quotes and this is the one that made me think of my clients Don & Jerrad, “Stop worrying about what can go wrong and start getting excited about what can go right.” 
 
Now, that is sound advice for anyone these days! But it made me think of Don and Jerrad because they stuck with it through an especially tricky transaction and they kept their eyes on the prize the whole way. And in the end, their stick-with-it attitude truly paid off because they are now the proud owners of a very cute, brand new townhouse! It’s a great 3 bedroom 2.5 bathroom with tons of natural light and a lovely open floor plan on the main level. I’m so happy for them!
 
Lately, in this crazy market, being a Real Estate Agent has felt even more gratifying and impactful! Things are crazy out there and folks need clear guidance as the market shifts. I know I’m making a difference in people’s lives by helping them become homeowners. I am very invested in all of my clients and nothing makes me happier and feel more fulfilled than giving clients like Don and Jerrad the keys to their new home!

 

I Love It When A Plan Comes Together

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!

 

The Power of Positivity

As a prospective home buyer, navigating the roller coaster of emotions that is the Portland real estate market these days can be exhausting. It’s easy to get down on yourself after falling in love with a home and writing an amazing offer, only to find out that 17 other people also wrote amazing offers, and yours just wasn’t quite amazing enough. 

When that happens 5-6 times, it starts feeling like maybe you’ll never find a home.

My clients who recently closed on a home though, are a perfect example of how a thick skin and positive attitude can play a vital role in helping to accomplish the goal of buying a home in this market. 

With a max budget of $400k, the options available for my clients were already very slim. Not to mention, everything selling in this price point would have at least 10 offers within a day or two of hitting the market. 

We looked at properties every week for a few months, and nearly every week we submitted an offer on a home. Time and time again, I would have to deliver the bad news that someone else had written an offer higher than ours, or someone else had put more money down, or someone else waived inspections. 

Each time, the Buyers shook it off, and said “ok, thanks for your work, Kevin. On to the next.” 

We must have written 8-10 offers on homes they didn’t get. And each time, they responded with the same positivity and good natured attitude. Until finally, with a little bit of magic, they had their offer accepted! 

They closed today, and I couldn’t be happier to see such positive people realize their goal in such a challenging and competitive environment. Where many people might give up or lose hope, they stayed positive and persisted, until it paid off. Huge congratulations to you!!

 

Classic Vernon Bungalow with Backyard Oasis

Just Listed: 5936 NE 17th Ave

Offered at $515,000
3 Bed | 1 Bath | 2236 SF | MLS# 21259073  | Taxes: $2,893

OPEN HOUSE SAT 5/15 12:30PM-2:30PM

TAKE THE VIDEO TOUR

Come for the location, stay for the updates and charm! This classic Vernon Bungalow sits proud with timeless architectural features, formal dining room with vintage built-ins, light-filled rooms and a detached bonus space with vaulted ceiling.

A sweet front porch and fresh exterior paint will catch your eye upon arrival. Entering into the living room, you’ll feel the love: with gleaming hardwood floors, classic woodwork and a charming wood-burning fireplace.

While this home retains much of its original character, the updated kitchen boasts updates including gorgeous quartz countertops, stylish hardware, tile backsplash and plenty of extra storage in the pantry. The kitchen flows into the formal dining room. It’s just perfect for big dinner parties and intimate dinners alike.

The layout of the home is ideal, with 2 bedrooms and a bathroom on the main level. The second floor offers a lovely third bedroom with wonderful natural light and room for a spacious home office.

Moving through the kitchen you’ll find your backyard oasis! This fully fenced sanctuary feels very private and is brimming with beauty. You’re going to love this converted garage! A clean and spacious room with raw wood beams, this could be an office, detached living space, home school room, yoga room… really, the possibilities are endless!

The full, unfinished basement with an exterior entrance is clean and ready for projects and lots of storage. Complete with newer 96% efficiency furnace! Plus a great shed in the backyard for bike storage.

This location is absolutely ideal! Situated on a quiet street, easy walking distance to Alberta Park, the Alberta Arts district and so many restaurants & shops on Killingsworth!

So much to love in this well-maintained and inviting classic Vernon Bungalow!

Building a Portfolio

Congratulations to my clients, D&Y, for purchasing their 4th property in 2 years! I truly enjoy being a part of helping my clients build up a real estate portfolio, and helping them utilize real estate as part of their wealth building strategy. It’s something that I believe in personally, so it’s great to connect with friends and clients who feel the same way.

It Takes A Village to Buy A House

Back in 2015 I helped one of my very favorite people Tiana purchase a home in Cully on a large lot with her then wife. Back then, the market was competitive, but not so competitive that a buyer with only a small down payment couldn’t get a house on the first offer they wrote. Two and a half years ago life circumstances changed and Tiana and her ex-wife broke up and I helped them sell the house. At that time in late 2019, the market had pretty much flat-lined, and when we sold that house, it did take a few weeks to go pending. Ever since then, Tiana has talked about getting back in the market to buy another home.

And then in January of this year, Tiana and her now partner Mallory hit the “go” button and were ready to start shopping. Which is pretty much exactly the same time everyone else in Portland decided they needed to buy a house. Within only 5% down and not having the ability to make up a gap in case the appraised value came in lower then the purchase price, Tiana got caught in theloop of writing offer after offer after offer. Each offer she wrote was easily $25k-$60k over asking, and every single time, she was either outbid or someone else had better terms. And then on the 7th try, we found a home in Brentwood Darlington that was perfect in just about every way. It was super cute, mid-century ranch  with 3 bedrooms, a large kitchen, sunny windows and a huge yard. And like every other house she wrote on, this one also had multiple offers. But this time, Tiana’s lender, the one and only Jennifer Leon at Umpqua Bank who I work with all the time, happened to also be chummy with the listing agent. Jennifer called the listing agent and expounded on just how wonderful a person Tiana is, and how much both Jennifer and myself have invested in seeing Tiana become a homeowner. And it worked!!! The sellers decided to sell to Tiana even though there was a couple of offers that were higher and presumably had better terms.

The inspection turned up a few issues that need addressing, and because of the multiple offers the sellers were understandably not willing to give my buyer a credit or do any repairs, but all of the issues are fixable. And then the piece we had all been dreading came to pass. The house appraised for $27k under purchase price. Big ouch. Tiana did have some funds to make up a tiny portion of the difference, but not enough to even get close to the purchase price. We submitted a reconsideration of value and the appraiser did come up a bit, so between what the appraiser came up with and the small amount of additional down payment Tiana was able to bring in, the sellers agreed to sell to Tiana at a price still under the agreed upon purchase price.

When the listing agent let Tiana, myself and Jennifer know that the sellers were ok moving forward at the lower price, all three of us were in tears. Happy tears. And all was well in the world at that moment.

Just Listed: NoPo Bungalow Magic for $735K

NoPo Bungalow Magic

907 N Holland Street, Portland, OR 97217

Offered at $735,000 | MLS# 21418448
5 bed | 3 bath | 3,546 sq. ft. | Taxes: $6,595.76

Come home to this beautiful bungalow nestled in a magical garden! Established landscaping and a massive front porch add curb appeal, with stunning period details throughout the home. Entertain in style in the formal dining room and renovated modern kitchen, complete with breakfast nook. Take the party outside to the large patio with its own built-in tv perfect for movie nights, or enjoy the gorgeous Japanese-style garden with fruit trees and a gorgeous wisteria-covered pergola. A stand-alone studio offers boundless possibilities, while the old chicken coop is just waiting to be refurbished and filled with new tenants! With three bedrooms on the upper floor, one on the main, and one in the fully finished basement, this home offers flexibility and opportunity! Nearby to freeway access, abundant shopping, and local parks.

Open houses this weekend!

Saturday 5/8 from 11am–1pm, Sunday 5/9 from 11am–1pm, & Tuesday 5/11 from 5:30–7:30pm

Delightfully Mod St. Johns Ranch- SOLD!!!

This cocktail ready 3 bedroom, 2 bathroom mid-century in St. Johns was listed at $470,000. After 4 days on the market my sellers received 5 above asking offers all with great terms, and the home just sold for $575,000.

Dialed-in Darling in Montavilla

8541 NE Hassalo St, Portland, OR 97220

RMLS #21305880

Price: $450,000

This delightfully dialed-in Montavilla home is stylish and move-in ready. The cheery, bright yellow door welcomes you into a lovely light-filled living space with hardwood floors, tasteful colors, and updated light fixtures. The large L-shaped living room area overlooks a beautiful front garden that’s cheerful even on a rainy day when water trickles down the rainchains at the front porch overhang.

The updated kitchen adjoins the dining area and features a tiled floor and stainless appliances, including a recently installed gas range. The kitchen window has a view to the backyard filled with seasonal plants and trees. Enjoy outdoor living and entertaining in this spacious fenced yard with concrete patio and pea gravel patio with a firepit. Start your foody garden in the raised beds and store your garden gear in the cute tool shed.

There’s a bedroom on the main floor and 2 more upstairs, all with hardwood floors and good-sized closets. The upstairs bedrooms have adorable window alcoves that face the front yard—one of them has a built-in window seat with wall-mounted bookshelves nearby. Current owners admit both their kitty and their baby will miss this cozy snuggle spot.

The laundry area is in the unfinished basement which is clean and freshly painted with nice ceiling height. There’s plenty of room for storage and whatever else you envision for the space.

Buyers will appreciate that the home has been nicely maintained and updated. The home exterior was professionally painted in 2020 and new air-conditioning was installed then as well. All appliances will stay with the home. The home has a gas furnace, double-paned vinyl replacement windows and insulation has been added in the attic. There is a radon mitigation system already installed in the home.

3 Bedroom | 1 Bath | 1705 Sq.ft.
0.13 ac. lot with fenced backyard

Built 1919
Taxes: $3073.05

Home Energy Score: 5
Bike Score: 96

Schools: Vestal Elementary, Roseway Heights Middle, Leodis McDaniel HS

Take the 3D Tour

 


– – – – – – – – – – – – – – – – – –

Interested in making Portland your home?

Call Cheri Harney, at 503-319-4858.

Why is Housing Inventory So Low

The Portland Real Estate Market has strongly favored Sellers for the greater part of 7 years now, and this has largely been driven by a shortage of supply, coupled with low mortgage interest rates. There are many motivated Buyers, looking to lock in a home purchase at a great rate, but just not enough supply to meet the demand, which has caused the high level of competition we are seeing for Buyers. 

But why is that? What is causing this seemingly never-ending cycle of low inventory in our region? Below are my thoughts on some of the main contributing factors.  

1. Lack of New Construction:

According to Portland Alliance, despite historic economic expansion, our region has produced the fewest housing units over any 10-year period since World War II. 

With the number of new households in the area exceeding the number of new homes being built, we have a situation where demand for housing cannot be met at current building rates. In order to balance the market, there needs to be a larger supply of new construction to keep up with the growth in our region. 

This is a particularly complex issue, which dates back to the Recession in 2008-2012. Residential new construction hit all time lows during that time period, and it simply hasn’t ever fully recovered. 

Additionally, the cost to build is significantly higher now, and I am sure many of us are aware that the price of lumber has skyrocketed during the pandemic — nearly quadrupling in price.

2. Hesitation to Enter the Market

Another issue that contributes to the lack of inventory, is a hesitancy from current homeowners to trade-up or downsize in the current market climate. I have spoken with a number of clients in the last year, and discussed the pros and cons of making a move in this market. There are many people who would love to take advantage of this opportunity to sell their current home, but the prospect of then entering the market as a buyer, is not all that appealing. 

Buying and selling a home in the same market will always favor one side of this coin, but in the current climate, it so strongly favors sellers, that it intimidates some from even attempting to make the transition. 

3. Duration of Homeownership

Another interesting factor contributing to the lack of housing supply, is that people are staying in their homes for longer periods of time. According to the US Census Bureau, the average tenure for homeownership in the United States is just over 8 years. In comparison, the average tenure was only 4 years between 2000-2007. 

We can certainly speculate as to why this might be, but there doesn’t seem to be any overwhelmingly compelling evidence that points to exactly why people are staying put longer. 

 

In any event, the solution to the lack of housing inventory is massively complex, and it will likely be a slow moving process to reach a point where there is enough housing supply in our region to meet the demand.

In the meantime, there are definitely still ways to make a transition in this market (see my previous blog post), and there are also ways to be strategic with your offer structure to help ensure you win in multiple offer scenarios. As always, I am more than happy to set up a time to meet, and discuss market conditions in further detail, so you can see how all of these moving parts affect your own personal sutuiaton.

 

Selling the Alberta House Off Market

Some friends of mine purchased their first home, a sturdy 1910 bungalow right off Alberta street nearly 20 years ago. Seven years ago and 2 kids later, they outgrew their Alberta house and I helped them purchase a larger home in NE where they still live. They loved their Alberta house, and even though they had moved out,  they weren’t ready to part ways, so they held onto it as a rental. They have had a great run of tenants and their current tenant has been there for over a year.  My sellers have talked about selling the house over the years, but were also quite happy to keep it as a rental. And then almost on a whim, my sellers purchased a dream property on the Washington side of the Gorge as a vacation property. They weren’t sure they really wanted to own 3 homes, and with the market as on fire as it is, now seemed like a great time to consider selling their rental.

The next door neighbors are close with the tenant who lives in the Alberta house, and when the neighbors found out my sellers were considering selling the house, they took the bull by the horns and went for it. The neighbors didn’t want to lose the tenant as a neighbor, so last month they sent my sellers an offer to purchase the home and keep the tenant. My sellers weren’t quite sure they were ready at that moment to sell, but with a tenant in place, the idea of selling it to the neighbors started to become more attractive. We discussed all the pros and cons of putting the house on the market vs selling it off market, and in the end, the pros outweighed the cons. Had their not been a tenant in the home, their decision may have been different, but they really respected their tenant and wanted to do right by him. The offer the neighbors sent over wasn’t quite high enough, so we countered back at a higher price and selling the house as-is with no repairs. The neighbors accepted and we went under contract. The transaction went really smoothly and we just closed. Selling a home off-market is not necessarily the in the best interest of a seller in such a strong sellers market, but with a tenant in place, in this case, selling it off market turned into a win-win-win for my sellers, the neighbors and the tenant.

The Little Buyers Who Could

When I say this market is tough on buyers, that may be an understatement for what Andrea and Amar (and sweet 1-year-old daughter Maeve) have been through. When we first met they were coming out of the process of getting bids for their current home to expand it to fit their growing family. They decided it would be easier to just purchase something else instead. Little did they know the challenges that lay ahead.

After a few weeks of searching, we finally found their “dream home.” We put in a stellar offer, and although the listing agent told us ours was the strongest, the sellers picked another offer based on the buyer letter. Crushing. And, frankly, unethical. So Andrea and Amar took a little time off from the hunt and regrouped.

A few weeks of looking later, a home popped up that looked promising. It had the big yard they had dreamed of, it was a “granny ranch” with great bones and a ton of potential to make it into exactly what they want. The problem was, we would have to fight for it. There was a ton of competition for this home, including a cash offer that was very appealing to the sellers.

Insert super lender Jen Bell into the mix. She said she could get us a 10 day closing to compete with the cash buyer. So we put our best foot forward and I had a lot of heart-to-hearts with the listing agent. When she finally called to tell us we got it, she said, “I feel like we’re old friends at this point!” 🙂

Needless to say, Andrea and Amar are THRILLED with how things panned out. And so am I! I can’t wait to see how their amazing remodel will turn out. They have a great eye for design and I just know they are going to have the coolest house when this is all done! So happy for them!

If you, or anyone you know, are looking to buy or sell a home in the greater Portland area, please contact Amanda Haworth at 503-453-7698 or amanda@livingroomre.com.

 

Serene and Stylish Mid-Century Ranch

JUST LISTED: 633 NE 151st Ave, Portland OR


Offered at $459,000

4 Bed | 2 Bath | 1784 SF | MLS# 21538388  | Taxes: $4,837

TAKE THE VIDEO TOUR

This is the Mid-Century Ranch you’ve been looking for! Picture perfect, this 1950’s classic is located on a peaceful, quiet street in a mature neighborhood, and is surrounded by gorgeous landscaping, majestic fir trees, and graceful Japanese maples.  A lovely entrance with a generous foyer draws you into the heart of the home–  a warm and inviting living room with rich wood paneling, classic brick fireplace, and a huge picture window with a view out to the park-like backyard.  Hardwood floors, beautiful millwork, and modern lighting create a warm and inviting atmosphere, perfect for cozying up with a good book or playing a rousing board game by the fire.

The dining room is open to both the living room and kitchen and has period built-ins.  A large, floor-to-ceiling window opens to the backyard and patio, creating a year-round experience of “outdoor dining.”  A convenient breakfast bar separates the eating area and the kitchen, providing space for informal meals or laying a spread when it’s your turn to host.  This is a wonderful space for entertaining and also perfect for intimate dinners.

The remodeled kitchen has a great layout plus many updates, including quartz countertops, stainless steel appliances, newer dishwasher, custom tile work, classic Marmoleum flooring, and ample, well-lit counter space.  Just off the kitchen is a large master bedroom with a full bathroom.  This space has great potential for a home office, family room, or home gym.

Away from the kitchen toward the other end of the home, you’ll find three quiet, light-filled bedrooms with beautiful millwork, warm wood floors, and ample closets.  A roomy modern bathroom with double sinks and stylish updates accommodates everyone during the morning rush, or in the evening allows a relaxing soak in the tub before bed.

The fully fenced backyard is gorgeously landscaped.  Ample patio space ringed by mature Japanese maples and a stand of large fir trees creates a private northwest retreat, perfect for entertaining on a warm summer evening, or for relaxing with a hot cup of coffee and a crossword on a sunny morning.  The charming garden shed enhances the park-like atmosphere and keeps all your tools and toys tastefully out of sight.  A large mudroom complete with laundry and storage allows entry from the backyard and provides a convenient spot to slip off muddy boots after gardening or playing.

Lovingly cared for this home has professionally landscaped yards with built-in watering systems, newer double pane windows, updated plumbing, a recent water main replacement, and newer central A/C.

Located away from the hustle and bustle but with easy access to shopping and hwys I-84 & I-205.  Close proximity to Glendoveer Golf Course and walking trails, and a short walk to the MAX line serving the greater metro area, including downtown and PDX airport.  Enjoy your own private park and quiet, one-level living while still experiencing all the benefits of city life.

Third Time’s a Charm!

Try and try again.

Home-buying is competitive lately, but newlyweds, Eamon and Pam were successful with the 3rd offer they submitted. We went in strong with an offer at 5% over the listing price and they included a commitment to move forward with the purchase as long as the home appraised for at least the listing price. That did the trick. Inspections took place during the chaos of the February ice and snow. Despite the crazy weather we got the job done and negotiated seller credit to cover some important repairs for the home.

The South Tabor home has been owned by the same family for 90+ years, since it was built in 1930. There’s a nice big yard that overlooks another neighbor’s even larger yard. The setting almost feels like it backs up to a park. Rarely do we find a small home with grand house features like this one. The living room has charming leaded glass windows and a fabulous fireplace. Built-in cabinets add old-world charm. The bathroom is spacious with cool vintage tile and hardwood floors run throughout the main floor. Clearly the house has been lovingly cared for by it’s original owners, but there’s great potential for the buyers to invest some sweat equity and polish things up a bit. Maybe someday they’ll finish off the basement. But for now they are picking out paint colors, planning a garden and settling in nicely to the South Tabor neighborhood. Congratulations to my favorite pandemic newlyweds!

– – – – – – – – – – – – – – – – – – –

Interested in making Portland your home?

Call Cheri Harney, at 503-319-4858.

Just Listed: Forest Park Treetop Retreat

Forest Park Treetop Retreat

Forest Park Treetop Retreat

10272 NW Alder Grove Lane, Portland, OR 97229

Offered at $365,000 | MLS# 21423474
2 bed | 2 bath | 1,380 sq. ft. | Taxes: $6,145.86

 

Nestled in the treetops of Forest Park, this stunning townhouse is the perfect place to call home! High ceilings and lots of windows bring the outside in, while a fireplace anchors and adds warmth and comfort. The second floor features an open-concept layout, modern kitchen with SS appliances, gorgeous bamboo flooring, guest bedroom & bathroom, plus a beautiful private patio off the living room. The upper level features a large primary bedroom suite with a luxurious bathroom with both a shower and a tub, plus a bonus office nook. The garage is on the entry-level and is extra deep and outfitted with lots of shelving for storage.

Located in the heart of Forest Heights, this home has easy access to highways, is a short drive to downtown Portland, and allows you to enjoy the shops and restaurants of the nearby Forest Heights Village Center. Hiking trails and a pond with picnic areas, located just steps from your front door allow you to play in nature anytime!

OPEN THIS WEEKEND!

Sat 4/10 & Sun 4/11 from 1–3pm

Forest Park Treetop Retreat

Jewel of Woodstock

JUST LISTED

Offered at $449,000
5223 SE Steele St, Portland OR 97206
2 Bed | 1 Bath | 1128 SF | MLS# 21207202 | Taxes: $3,154

This Woodstock charmer is packed with sophisticated updates while holding strong to its classic Bungalow style.
VIDEO TOUR

Upon arrival, you’ll notice the high level of care and attention given to this home. A lovely landscaped front yard welcomes you with well-designed cedar fencing, fresh exterior paint and newer double-pane windows!

Once inside this south-facing home, you’ll enjoy wonderful natural light, gorgeous wood floors, tasteful updates and classic details. The living room is stylish with a beautiful picture window, wood moldings and gorgeous, recently installed white oak, hardwood floors.

Take in the character of the home as you make your way seamlessly from the living room into the kitchen with tasteful modern updates and timeless period finishes. A picture-perfect dining nook rounds out the kitchen. Updates include newer integrated dishwasher, fridge, gas range with range hood, wood floors, solid wood cabinets and countertops, sink and white oak hardwood floors. Through the hall you’ll find 2 lovely bedrooms with tall windows. The well-maintained bathroom features a claw-foot tub with shower.

Step out into the beautiful, ample backyard which feels very private. The space is highlighted by a custom brick patio, custom cedar fencing and lush green landscaping. The oversized garage, with alley access, could be used for so many things! Currently, owners are using the garage as a woodshop, but it is ready for your imagination, possibly an ADU? The backyard boasts plenty of room for entertaining, a firepit, gardening or playing with furry friends! Clean, unfinished partial basement has great ceiling height and plenty of room for storage and laundry area.

Lucky you because this house is located in the sweet spot! Just blocks from Woodstock town center, Woodstock park and the wonderful shops and restaurants the neighborhood has to offer.

So much to love in this darling home! It is ready for you to move in and enjoy so come check it out! This is one level living at its best!

 

Just Sold! Marvelous Milwaukie Living

As soon as this beautiful ranch-style home hit the market, I knew it would be snatched up quick. It just has that je-ne-sais-quois to it that automatically draws your eye. My clients listed the home in late February and already closed today. Wow how time flies. They took such amazing care of the place, even going as far as installing a custom flagstone patio in the backyard. Nothing like a quarantine project! The new owners will enjoy hree large bedrooms and two baths, with beautiful modern details. Thank you to my clients for trusting me with their home. It was an honor working with you! Shoutout to Jolynn Winter at Keller Williams who represented the buyers. It was my pleasure!

Congratulations to Eddie & Family

Congratulations to Eddie and Family

I helped Eddie buy a house about 5 years ago and was so happy to work with him again. If you know me, you know that I love homes and helping my clients make life transitions. I love being a real estate agent for so many reasons! And, I’ve got to tell you, there was a little sparkle in this story for me because Eddie purchased this condo so his parents could live closer to him and his daughter, Viv!  It really is so fun to help families to be closer to one another. 

The single-family home market is definitely experiencing a very competitive seller’s market and a lack of inventory.  However, on the condo side of things, there are a lot more units available so if you are considering a condo, it’s a great time to buy. Eddie and his Mom found a sweet 2 bedroom condo with a view in the Lloyd Center neighborhood for a very reasonable price!

And one more thing! Speaking of lovely people to work with people- a big shout out to Uli Sommers, my favorite home inspector. I know that everyone who works with her is going to get the best service at the best price and she did a great job for Eddie and his parents as well.

Uli Sommers Website

Lloyd Neighborhood Portland

Just Sold! Cute, Quaint Quarters in Cully

Sitting on a gorgeous oversized lot, this charming Cully home just closed for my clients! Theirs is a rare find with great amenities and an unbeatable NE Portland location. Courtney and Trace are new parents to beautiful Harper, who was born last April. They’re so excited to raise her here. They’ll enjoy tons of space with this 2,963 square foot floor-plan featuring 5 bedrooms (3 beds ensuite-style) and 4.5 baths. Their big backyard will be perfect as Harper grows up, and for the two pups to run around in. Plus, there’s room for Courtney’s parents to move in and enjoy daily playtimes with Harper. I can’t think of a better home for this amazing couple, and I wish them all the best on this journey ahead. 

Grit & Persistence Get Amanda and Iain Where They Want To Be

Congratulations to Amanda and Iain!


 

This transaction was a great example of sticking with it until you get what you want! Amanda and Iain are whip-smart and tenacious, which are the best qualities a buyer could have in this current market.

Jasmine and I love working with first-time home buyers and homeownership is something we want to see for everyone who is interested. We pride ourselves on our initial buyer’s meeting setting up reasonable expectations to empower our clients. By breaking the process into manageable pieces the whole thing makes sense, flows nicely and clients know they will get the home they want. 

I appreciate so much how Iain and Amanda kept their eyes on the prize, they didn’t let disappointments slow their roll and, in the end, they made their dream come true! They bought a gorgeous home!

And, as we all know, in real estate, there is truly nothing better than a GREAT referral and I am thrilled that Jasmine was referred to Amanda and Iain by their mutual friends! They are fun and wonderful people and I’m so happy to have worked with them.

 

 

Just Sold- Gorgeous Gresham Getaway

I’m thrilled to share this amazing North Central Gresham home purchased by my client!  Thomas is a recent college graduate and a first time home buyer. We started looking for homes a few months ago, and as soon as he saw this one, he knew it was the one. He was the president of the Real Estate Club at his university, so he knew what he wanted and was very engaged in the process. Thomas will enjoy a lovely open floor plan split on two levels with 4 bedrooms and 3 baths. Not to mention, new flooring and appliances! This is an outdoor entertainer’s dream with a fantastic covered patio that opens to a huge backyard. He’s plans to become a carpenter and will set up shop in his spacious new garage. There are plenty of projects around the house for him to work on. Congrats on such a big purchase, Thomas! I’m so excited to see how you make the space yours.

Ice Storm Win!

Congratulations to Lauren and Taran on the successful purchase of their first home together! This was NOT your typical buying in  Portland in 2021 scenario – and thank goodness for that.

Lauren and Taran are dear friends of mine, so we got down to the nitty gritty quickly. We saw a handful of “cute, charming” homes that would have “worked,” but nothing we saw felt right. As the days grew shorter, inventory dwindled. They were eager to get in the game, but nothing of interest was popping up. We had numerous conversations (almost every time we saw a home) about holding out until we found something that really clicked. They considered writing a few offers on a couple homes (one of which received 29 offers – no thanks!), but ultimately stuck to their guns.

And good thing, too! It was in early February that their patience paid off (maybe with the help of some divine weather intervention.) A home popped up that checked their boxes – especially the large-lot-in-fantastic-location box – and was well under budget.  Thanks to an ice storm, we were some of the only people who viewed the property over the first weekend. (Reason #784 why I love my AWD RAV4!) Taran and Lauren excitedly submitted their first offer Friday evening and anxiously waited three days for the Seller’s response. Finally, the good news came: we were able to secure the house AT list price without giving up their firstborn child or a kidney!

From that point, the transaction moved forward smoothly. Overall, the home was in GREAT condition, especially for its age. We were able to negotiate a small credit for a honey-do list of repairs, and the appraisal came in a good chunk ABOVE what my clients paid.

In this incredibly competitive sellers market, this transaction was a HUGE win on all accounts. Now let’s carry this same easy-breezy energy into selling their home next month!

I Sold My House! Now Where Do I Go?

One of the biggest challenges for would-be Sellers in the Portland real estate market, is what to do after you have sold your home. With this quite possibly being the hottest Seller’s Market we have ever seen, it often feels like selling your home is a forgone conclusion — it’s just a matter of how many offers you will get, and how high over your asking price those offers will be. While this isn’t always the case, it certainly stands true that if you price your home appropriately, and you have a solid product to offer, there will be a line of Buyers ready and willing to offer you the moon for your home. But, what do you do next? 

Knowing that the market is extremely competitive and challenging for Buyers, many people are nervous about the prospect of selling their current home, simply because they don’t know where they will live once it’s sold. They would love to take advantage of the current market on the selling side, but don’t relish the prospect of having a ticking clock on when they need to find their next home. So, here are three tips for how to make that transition, without feeling the stress of needing to make a major life decision, with a finite amount of time to make it. 

  1. Negotiate a rent-back on your current property — Oftentimes in this market, Buyers are willing to offer any and all terms the Seller is looking for. A question we often get when listing property is, “what do the Sellers need out of the offer?” Negotiating a rent-back would allow you to stay in your current home for an additional 30-60 days after closing on the sale. In some cases, we can negotiate for this period of time to be free of charge. In others, you simply cover the cost of the new owner’s mortgage payment each month. If the Buyer of your home is financing the purchase, their Lender will always have a maximum number of days you are allowed rent the property back from the new owner, so this certainly isn’t a long-term solution. However, it can be an attractive option to at least buy some additional time to begin looking for your next place!
  2. Find a furnished short-term rental home — While you will likely end up paying more per month than you were paying for your mortgage, a furnished short-term rental property is a great way to buy yourself more time to shop for a home. This allows you to sell your current home, get a pre-approval for your next purchase, and have a comfortable place to live for an extended period of time. By renting a furnished home, you can also avoid the dreaded prospect of moving twice — just store your furniture in a storage unit or Pod, and then have it all delivered to your new home once you find it!
  3. Purchase your next home before you sell — this option requires you to be somewhat risk-tolerant, along with also being able to qualify for carrying both mortgages simultaneously (for both your current home and your new home). While the amount of time you carry both mortgages will likely be short in most cases, you will still need to be approved by your Lender for both payments. This is by far the most ideal way to make your transition, but is not an available option for everyone. If you are interested in making a move in this market, I would recommend talking with your Lender first, so you can understand whether this is an option for you. Then, we can discuss what the go-to-market strategy would look like for your current home, to ensure you feel comfortable with that process as well!

Whichever route you end up choosing, there will be a certain level of discomfort involved, so it’s wise to spend some time strategizing and preparing, prior to embarking on the journey of selling and buying in this market. This will allow you to feel well-prepared and open to making short-term sacrifices, which will ultimately help you accomplish your goal of finding your next home!  

Just Listed! Bright and Beaming in Buckman

This modern condo is open and full of light. Efficient and well-designed floor plan with contemporary flair. Living area houses large windows and a handsome fireplace plus a half bath. Sleek kitchen features high-end cabinetry and finishings with a quaint formal dining area. Two en-suite bedrooms and two full bathrooms round out the upper level. Beautiful back patio and garden are the perfect place to relax as Spring begins to set in. The Buckman neighborhood has fantastic shopping, cafes and restaurants. Right across from Colonel Summers Park, and just a quick walk or bike ride from the heart of Downtown! What’s not to love?

Sold! Peaceful Parkrose Paradise

This lovely home in Parkrose just found new owners! The spacious floor plan offers four bedrooms and three baths with tons of charm. The new owners will enjoy panoramic views from their living room, or step outside to the gorgeous raised deck and enjoy the fresh air. The fenced backyard sports lush foliage with privacy and shade. Attached two car garage, large driveway and additional side-yard parking. Neighborhood is quiet and residential near grocery shopping, public transit and great schools. I’ve so enjoyed working with my clients Chuck and Melissa who sold this home. Congratulations to all and best of luck on the next journey!

Just Listed! Timeless Tree-Lined 40 Acre Country Estate

Welcome to your once-in-a-lifetime paradise. This sumptuous estate sits on 40 verdant acres of pristine, woodland space. Gated, tree-lined entryway leads to a paved double-wide driveway and 3-car garage. Inside, the home features 5,532 square feet of luminescent space with 5 bedrooms and 4.5 bathrooms. You’ll find open, coffered ceilings with thoughtful detailing throughout. A large chef’s kitchen with double-doored pantry leads to a formal dining area. Cozy up by the cultured stone fireplace or unwind in the bonus game room complete with bar! Enjoy breathtaking views from the large back deck, perfect for outdoor entertainment. Property is equipped with a 96X120 Equestrian facility with oversized stalls and a large shop. Ample riding trails on bordering BLM land are sure to pique the interest of your inner adventurer. Just minutes from Hillsboro/Portland and Intel. Bring your fine, four-legged friends and enjoy your own oasis in the evergreens!

Just Sold! Brand New Build in Bethany!

I wish it was possible to bottle-up the ecstatic feeling that buying your first home brings. My clients Stephane and Kim just found out exactly what that feels like! Portland was on their radar for its proximity to nature. They’re from San Francisco, work in tech, and now are proud home-owning Portlanders. Situated in the Bethany area, their home is newly built this year. Its modern farmhouse floorplan gives the space a delightful openness with amenities galore. Kitchen features caesarstone counters, full-length cabinetry, and a huge island. Bedrooms and storage on all levels, with handsome oak floors/stairs throughout. My clients plan on embracing their love of nature and climbing. They’ll find parks and hiking trails aplenty near their new home, and they look forward to frequent trips to Smith Rock. What an amazing first home for this couple. Congratulations to you both! 

Just Listed! Marvelous Modern Living in Milwaukie

This light-filled ranch-style property automatically feels like home. Sitting on a gorgeous private lot, there are so many things to love about this space. It was completely renovated in 2018, and now boasts new quartz counters, new windows and doors, and a beautiful gas fireplace. Three bedrooms and two baths round out the open floor plan. The kitchen and dining areas feature modern details, and are a perfect refuge for a home cook. A huge, fenced backyard with a flagstone patio (built in Summer 2020) makes a perfect outdoor entertaining space. The whole house overall evokes a marvelous feeling of harmony. Oversized two-car garage with high ceilings allows for ample storage and parking. Close proximity to schools, grocery, highways, and shopping. Come see this bit of magic in Milwaukie today!

Possum Queen and Brewmaster Find Their Home

It is tough out there for our buyers but these two stellar humans did what it takes and made it happen.

Here it is in Stephanie’s own words:
“WE ARE HOMEOWNERS NOW WTF. What kind of millennial curse did we break and how? I’m in disbelief. Shoutout to Sean Patrick O’Feery and Carly Van Aart for being the best realtors we could have ever hoped for (if any of you need one, we highly recommend). But one detail he (the owner) left out that is of the very most importance:
OUR NEW NEIGHBORS SAID WE HAVE ALL THE TRASH CATS. Raccoons, skunks 😬 (maybe less than excited about that but they’re still cute), and HOLY JEEZ POSSUMS Y’ALL. I’ve got the possum sweats y’all. I’m ready to be their queen in my castle AND CREATE A KINGDOM. Bring it.”
There is some serious possum love here.
Congratulations Jake and Stephanie, well deserved.

If you’re looking for your own home with or without possums, give me a call!

Thirty-Two Days From Start to Finish on a Brooklyn House

Dave used to live across the street from me until about 2 or 3 years ago (who can keep track of time these days?) when he and his partner divorced and he moved into an apartment a few blocks away. His oldest kid and my oldest kid have been besties since before they could walk or talk, and it was Dave and his 2 kids who we had our last out of our family bubble non-socially distanced get together with on March 14th, 2020 at my older son’s 10th birthday party. When we parted ways that day, we didn’t know when we would be able to get together again in such a carefree  way because the following day we all went under lockdown. And nearly a whole entire year later, we are still waiting for that day.

Dave’s plan was to eventually buy another house, and on January 15th of 2021, he texted me to let me know he was ready to start shopping. He had a very narrow list of needs that were absolute musts- including a location within a mile of his kids mom’s place, at least 3 bedrooms, 2 bathrooms, a yard and some sort of studio or garage to tinker around on bikes and he had a maximum price that he would be willing to pay and was expecting to pay. He had his pre-approval on hand and so I went through RMLS to send him a list of all of the properties that sort of kind of matched his needs. And there were only 2 properties. And neither was really a decent option. On January 19th, a sweet bungalow in Brooklyn came on the market. As the crow flies, it was less then 8 blocks from his apartment. From what we could tell from the listing,it could not have been more perfect location wise, size wise, bedroom/bathroom count, the detached huge garage and great back yard. We went to see it in person on January 20th and it was as perfect in person as it seemed like it would be from the listing. It took Dave all of 5 minutes to decide this was going to be his house.

The house was listed at what last year would have been a very reasonable price, but since the floodgates opened and the buyers came spilling out, the supply of houses on the market shriveled to next to nothing, we knew it was going to go way over. The house was listed about 15% under what Dave’s maximum was, so he did have room to go up. Dave approached his offer price from a very practical and logical lens. As long as his monthly payment was within his comfort zone, how much he paid for the house wasn’t all that relevant. With interest rates well under 3%, money is cheaper then it’s ever been (a huge reason for the flood of buyers on the market) so a monthly payment on a house priced at $550k today, is about what it would be on a house priced at $600k a year ago. Savvy buyers know that it’s much more about the monthly payment then it is the sales price. Once interest rates start rising well over 3%, then it’s possible we might see prices stabilize, but for now, home prices are out of control. For this Brooklyn house, even though it was well priced, with 12 offers on the table, Dave’s offer won out between a combination of writing 15% over asking, offering a 3 weeks to close, being able to make up an appraisal gap if the appraisal came in lower then the purchase price (which didn’t happen, it appraised fine!), and stating in his offer that he would not ask for repairs under $4,000. This meant that if a larger issue was found during the inspection, my buyer could expect to negotiate it, but for the smaller stuff, Dave was basically saying he would take the house as-is. Thankfully the house breezed through the inspection and nothing needs to be done to the house anytime soon.

Dave’s story is highly unusual in this market because not that many buyers have the ability to and willingness to do what it takes to rise to the top in a heap of offers. As long as a buyer understands the current market and is willing to and has the means to write up an offer with all the deal sweeteners on the table along with the ability to offer well over asking, as Dave was, then it isn’t rocket science to snag a house even with multiple offers. And on February 16th, 32 days after Dave texted me to let me know he was ready to start the home buying process, he got the keys to his perfect house.

 

The Complexities of Marketing Access To Capital

It’s been really interesting to think about how to market myself.

Currently, I’m lucky to have so many clients that the need is not immediately there.
Though, I imagine when covid subsides and the higher interest rates return I’ll be up in folks’ dms begging for a chance.
I’m trying to learn this Insta & FB Boost business, but I’m not a true internetter y’all.
I’m an introvert in an extrovert dominated field.
I have challenged myself to start posting soon so send me a tweet or something?
But how do I show the public proof/receipts of a job well done without images?
Oh yeah, that brings me to my point.
I’ll be the first to say that representation matters. Yes!
But have you ever thought about what it means for folks to represent themselves as a person with access to capital?
Not following? Here me out…..
My clients tend to run the gamut. Many have marginalized identities, some poc, some lgbtqia2+, some disabled, some are none of the above. Yes, most of them drive subarus, but that’s beside the point.  We, as individuals, are taught to traditionally display our accomplishments publically for others to celebrate. You did it. Job well done.
But, many of my clients aren’t here for the photos and hooplah. And I get it.
Many of  them have access to some generational wealth or privilege by being able to afford Homeownership. An opportunity that many of their surrounding community members do not have. Don’t get me wrong, there’s many proud moments of homeownership for my clients. Absolutely! But often coupled with complexity. One that feels overwhelmingly lucky, with a tug of guilt. Oftentimes, my clients want to remain anonymous.
Homeownership is very different from big milestones like graduating school and or getting a good job, or having a kiddo. There’s no immediate association with wealth to do these things.
Homeownership however, more often means you have access to minimally 10k to make it happen. And we all know that realistically 10k is chump change in Portland. Most often it’s plenty more than that. Some have absolutely worked hard and saved and overcome obstacles. Others have simply waited on standby for big money to arrive in their account from mom and pops. Both options are very real and very valid.
There is an old song that goes “it aint no fun if my homies can’t have none.”
And while I think that’s extreme, I know some of the sentiment is there.
I reassure my clients that guilt or shame is not a feeling to sit in.
But action is.
There are many ways to offset wealth.
Donating, renting an ADU at a lower cost to someone in need, supporting businesses (not  just food and art ya’ll, that goes for professional businesses as well) of folks with marginalized identities. You name it, there’s an opportunity.
So, how do I market my success without photographing it?
I’ll be able to get creative, no worries on that front.
I just find it a very interesting position to be in given so many of my clients have a complex relationship to homeownership.
And then there’s the ones that want a Full Photo Shoot.
And I’m here for that too. Haha.
I’ll conclude by setting an intention here:
May housing accessibility be so plentiful in the future that smiling marginalized faces won’t be an anomaly to see and celebrate. Therefore errybody can get in the photo and not think twice about whether they are deserving of a home.

What a Knockout! Classy St. Johns Craftsman

Just Listed: 9525 N Kellogg St, Portland OR 97203

Offered at $579,000

MLS #20176058 |  Taxes $5,398 |  SF 2551 | 3Bed | 2 Bath

VIDEO TOUR


What a knockout! Gorgeous, wonderfully preserved Craftsman Bungalow with hard-to-find classic woodwork details, an impressive list of updates and character galore. Situated perfectly on a quiet street you’ll notice the lovely architectural details that include deep soffits, cedar lap siding and an inviting, pillared front porch.

Entering into the home, you will find a sought-after layout with over 1000 square feet on the main floor containing multiple flex spaces for a home office, homeschooling, media, or extra family space, plus 3 bedrooms and 1 full bath upstairs!

The living room is open and inviting with original hardwood floors and a beautiful picture window. This home has great natural lighting with so many windows and custom blinds from Smith & Noble!

The formal dining area is lovely with classic built-ins and ample room for hosting large dinner parties. Around the corner, you’ll find a darling dining nook with a barrel-vault ceiling, a big picture window and leaded glass built-ins!

Moving through to the kitchen you’ll see the fantastic updates including a newer gas range, dishwasher and refrigerator plus storage, counter space and cabinets.

Just off the kitchen, you’ll also find an office with high ceilings and a deep storage closet. And on the other side of the living room is a lovely bright den, easily imagined as a media room, home school room, office or flex space.

An exceptionally wide and beautiful staircase leads you to a perfectly laid out upper level with 3 bedrooms plus a full bathroom and large closets. The primary bedroom is very spacious with closets on one side and a dressing room with closets on the other. Again, gorgeous custom blinds are a perfect touch to these spaces as windows abound.

Winding downstairs to the basement you’ll find a clean unfinished space with great ceiling height. It’s great as-is or has so much potential for being finished out.

To the side of the home, next to the driveway, is a perfectly placed mudroom with ample space, convenient for daily use and storage.

Back patio has flagstone tile and a firepit ready for outdoor entertaining. The driveway offers lots of off-street parking and leads you towards the back of the property to the oversized garage.

This home touts a newer roof, furnace, air conditioner, water heater, gas range, dishwasher and refrigerator. Not to mention, so many wonderful built-in closets and nooks, you’ll have fun finding them all!

Convenient walk to Downtown St. Johns shops and restaurants, Pier Park, disc golf course, outdoor public pool, and Cathedral Park.

Check out this gorgeous and inviting home, you will want it to be yours!

Same House Different Clients Four Years Later

Who doesn’t love getting an email from new buyers letting you know they want to work with you because you could be their dream agent. And that’s exactly what my buyers Liz and Alex wrote to me when they first got in touch. After we had a Zoom meeting, I could tell they were going to be dream buyers. Liz and Alex were looking for a home where they could start a family, live as close-in as possible on the east side, and wanted vintage charm out the wazoo.

We started off by seeing a few homes that at least on paper looked like they checked the boxes, but when we went to see them in person, I pointed out all sorts of flaws with foundations, layouts, and other not so fun stuff. After our first foray into seeing what was on the market- which wasn’t much, it really helped them hone in on what was important to so they put together a needs and wants list that was super helpful for both of us in narrowing down their search.

A few days after they put together their magic lists, Liz sent me a listing that had just popped up on the market in NE in the Rose City Park/Laurelhurst neighborhood. This house hit all the marks.  The address sounded familiar, and after looking at the photos, I realized that I had listed this very same house back in the summer of 2016! It had belonged to some dear friends of mine that I met when our kids were born around the same time back in 2010, and it was a house that I had spent many hours in. When I sold it in 2016, the buyers had a great agent, and thankfully that same agent was now representing the same folks, this time as sellers. Because I had a really good idea of what Liz and Alex wanted, I was able to tell them with confidence that I thought this might be the perfect house for them. I even let my past sellers know that I now had buyers interested in their old house, which tickled them to no end.

As I had predicted, Liz and Alex loved the house. The worst part about the house when my sellers sold it was the very dated kitchen. The current owners had re-done the kitchen so it was super efficient and stylish. I shared with Liz and Alex all the good times and warm memories that I had in this house and what my sellers had done to the house, along with what was new since I sold it. I called the listing agent to let her know my buyers were really interested. We both remarked how strange but exciting it would be to work together again, on the same house. Liz and Alex wrote up an offer a hair over asking, and that was enough to get the sellers to joyfully accept our offer. Right after we finished up repair negotiations, a tree in the backyard fell over. Alex is an arborist and the sellers asked us for a recommendation for who they should call to have the tree removed, and Alex volunteered to do it himself on the next Saturday, his day off, which the sellers greatly appreciated. Good vibes all around.

When my sellers sold the house in 2016, the roof was nearing the end of it’s life, but still had a good 3-5 years left. This g0-around, our inspector noted that the roof was past due for replacing. The sellers were on it and with only a couple days to spare, the sellers had the roof replaced and we closed on time. I’ve been selling homes since 2007, and this was the first time I’ve sold the same exact home twice- once on each end. The sellers are remaining in the home for 30 days after closing, but I can’t wait to meet Liz and Alex next month to hand them keys!

 

 

 

I Love My Clients!

These fine folks, Abby and Andy, contacted me after our mutual friends
 Aaron and Mallory (and their Hillbilly Hilton as seen below)
talked me up to Abby and Andy when they said they were thinking about buying their own home. Turns out I love the friends of our friends. Andy and Abby are great people and wonderful clients.
It’s a short story-
We found them their dream house in SW Hills.
We had to compete but got the house.
We had fun doing it!
And tonight, we drink champagne together at their new home!
Let me know if you’ve got goals to buy a home for the first time or the tenth, I’m happy to help and fun to work with.

Dancing Into Homeownership

I met Dianne and Luke through our mutual friend, Angie. The three of them are part of the Lindy Hop community, and met when they were all living on the east coast. Lindy Hop is a form of dance that became popular in Black communities in the 1920s. The dance has continued to rise in popularity in no small part because of the uplifting and fun form. According to one website, “The spirit of Lindy Hop today is about inclusivity, creativity, and improvisation.”

This beautiful couple decided to transplant to the west coast and we started their search over a year ago, but due to issues with the sale of their home back east, they ended up waiting to purchase until the end of 2020. Though not without some challenges, we finally found them a beautiful bungalow sandwiched between the Mississippi and Vancouver/Williams corridor neighborhoods. This home is spectacular! Original details and updates where needed.

I hope Dianne and Luke are happy in this home for many years to come.

If you or someone you know is looking to buy or sell a home, please contact Amanda Haworth at 503-453-7698 or amanda@livingroomre.com.

Tips for Buying a Multi-Family Home

Purchasing a multi-family home offers a unique set of challenges, when compared to buying a single family residence — especially if you plan on occupying one or more of the units in the multiplex. Given the impact of the global pandemic, there are some additional challenges that buyers will face as well. Outlined below is a (non-exhaustive) list of things to consider and prepare for, if you would like to buy a multi-family home:

 

  1. You will likely have to write an offer before seeing the interior If the multiplex is currently leased, there is a strong chance that all offers will need to be written “subject to interior inspection.” Meaning, you have to submit an offer (and have it accepted) prior to setting foot inside any of the units. This isn’t quite as scary as it sounds, though. If you walk through the units, and are not satisfied with what you see, you can attempt to renegotiate the terms of the offer, or simply terminate the agreement altogether. This type of requirement is usually in place to protect the tenants from having to vacate the premises over and over again for showings. Requiring all prospective buyers to submit an offer (and have it accepted) prior to viewing the interior, helps ensure that only the most serious buyers are being shown the property.
  2. Occupancy may have some challenges — If the current tenants are signed to long-term leases, any new owner of the property will be required to let those leases run their course. If you plan on occupying one or more of the units, this can provide some significant challenges, as most Lenders will require that you move into at least one of the units within 60-90 days of closing — otherwise they will consider it a purchase of an investment property. If the tenants are on month-to-month leases, they will still have to be given 90-days notice for a move-out date, so it’s important to negotiate all of these terms as part of the initial offer for the property.
  3. Inspection and Repair Considerations — When it comes time to inspect a multi-family property, there are a few additional things to consider. a) The inspection will likely take much longer than an inspection of a single-family home, and will also cost more. Both of these will of course depend on the number of units in the multiplex. b) The tenants are not required to move their furniture or personal belongings (nor can we make them) for the inspection. This might mean certain areas are not able to be inspected as thoroughly as we might like. c) The tenants are not required to leave for the inspection (nor can we make them), so there is always a chance that they are present for the duration of inspections. d) If repairs are needed, it may be easiest for all parties if these are handled through a credit or price reduction. Coordinating repairs, providing proper notice to tenants and working out access for contractors — that also fits with the tenants’ schedules — can prove quite difficult, so handling these items monetarily is often the most effective method.
  4. Seek guidance from a Real Estate Attorney — As a Realtor, I specialize in helping my clients buy and sell property. And while I have a loose grasp on a number of the laws regarding tenant’s rights, I am simply not qualified to provide legal advice on those matters. I strongly encourage my clients to speak with a Real Estate Attorney early on in the process, so as to ensure all rules and regulations are properly followed — especially when it comes to taking responsibility for vacating a tenant. It’s 100% worth the financial and time investment to do so. Trying to navigate these topics on your own is just not worth the risk in my opinion.
  5. The Pandemic Effect — Throughout the last year, there have been a number of eviction moratoriums and temporary rule changes when it comes to tenant’s rights. Having an understanding of which laws apply to the property you are interested in will prove critical for a successful purchase. Again, here is where I would defer to an Attorney to provide the proper guidance, which only underscores the importance of having a solid Real Estate Attorney on your team for this venture.

 While this list is certainly not exhaustive of all the things to consider when buying a multi-family home in the Portland area, it’s a good start towards preparing yourself for this type of investment!

 

Happy new year. Happy new house.

Maggie and Craig originally started their home search in early spring. The Covid-19 pandemic shut-down in late March put the brakes on their search. They simply weren’t interested in making a big purchase decision in such uncertain times.

Fast forward to late October and they were ready to restart their search with a strategic approach. After narrowing their locations by selecting a short list of elementary schools in the Portland area, Maggie and Craig prioritized homes that were bikeable to a MAX line and to downtown hospitals for Maggie’s work. They are a one-car family and they wanted to stay that way!

Before touring any home in person we prescreened homes with drive-bys, video tours, aerial map views, street-views, and floor plan drawings. We checked house history on portlandmaps.com and reviewed old listings for extra clues to the interior of homes.

Even as the pandemic continues to have a huge impact on our world, home buyers need to be ready to move fast and make quick, confident decisions in this fast-moving market. Homes are going pending in days. Multiple offer situations are common. And interest rates are fabulously low.

Despite the low inventory of homes for sale during this pandemic, this family found the perfect home. It’s a beautiful 100+ year old charmer with high-ceilings, beautiful woodwork, and a covered porch. The home has been well-cared for and the yard has great entertaining space, a picket fence, and climbing trees. It’s just 3 blocks from beautiful Westmoreland Park, it’s right on the bike route, and is walking distance to a MAX station. Coincidentally, it’s only 2 doors away from where they live now.

Happy new year to this happy family!

– – – – – – – – – – – – – – – – – – –

Interested in making Portland your home?

Call Cheri Harney, at 503-319-4858.

Keep the Faith People: A Success Story of a Zero Down Payment, First Time Home Buyer Experience

A Zero Downpayment in this market?- Yes!
Under $400k?- Yes!
Cute house in SE?- Yes!
The loan is ‘Just for Starters’ from OnPoint Community Credit Union
Our Rock Star loan officer is Adam Rousse @ Adam.Rousse@onpointcu.com
 
Keep the faith people-
It took four offers on four homes in four consecutive weeks but my wonderful first time home buyers with an eye for ‘cute’ and attention to detail found a wonderful home to call their own. They took possession of their new home two days before Christmas and it was a joy to play a part in helping these two find their first home.
 
My buyers contacted me this fall out of the blue. 98% of my clients come to me by referral, whether it is from past clients, friends, an office referral or a lender referral, but there is almost always some kind of context. When the buyer called me and said that they had chosen to interview with me based on information they had found online, I was really surprised, but thrilled. 
 
Thank you to all of you who have left a review! Your kind words are finding their way!
 
These buyers agreed to a meeting in which we go through the process of a purchasing and I take notes on their goals. This conversation usually ends with the ‘with what?’ question, which is one way to say; what is your budget and what is the down payment? 
When these buyers let me know we’d be under $400k, ideally closer to $350k with a zero down payment loan… I took a deep breath. I know this market and I know very well that there are more buyers than there are sellers. We had ourselves a bit of a challenge, challenge accepted!
 
Right away we got out and started to tour homes. We saw some great ones, terrible ones, underpriced ones and some clearly overpriced. We made three great offers and got beat out very clearly on two. The third we landed a back up offer and the fourth we got acceptance!
 
The inspections went well overall but there were a few items that any buyer would ask for so we made a good case for needed repairs, requests were presented with bids from trusted contractors. The sellers signed off on all requested repairs in the form of $4500 credit to the buyers closing costs!
 
When the appraisal came back $4000 over the negotiated sales price we were clear for landing. These really wonderful buyers had been able to leverage a great loan option to their advantage and scored a great home for their first home together.
 
It’s my honor to work hard and get great results for my clients. I work with both buyers and sellers and love the work that I do.  I, of course, couldn’t do it without my team.  Thank you Nieka and Carly! 
 

The Perfect Little House in the Shadow of Mt Tabor

My clients Elizabeth and Tom contacted me in early October. They were getting all their ducks in a row to start the home buying process within the first 6 months of 2021. After we spoke, Elizabeth got in touch with a great lender and it was after she spoke with the lender that they realized they were actually a lot closer to making home ownership a reality then they had anticipated. Once pre-approved, they realized that with rates below 3%, buying a home sooner then later to take advantage of the low low low rates was within their reach. Besides staying within their budget, location was the most important feature, and they knew they wanted to be as close-in as possible, preferably west of 82nd and within walking distance of places you would want to walk to and near transit so once the pandemic ends Elizabeth could easily get downtown to her job at Mercy Corps.

On our first outing to see homes, we saw a few homes and found a couple that they really liked. One in particular, in Madison South just a few spits east of 82nd seemed to check all the boxes. It was a home that has just been flipped, so from what I could see when we saw the house in person, it looked ok. There are always 2 parts of a house that I can’t see during a showing, and it’s those 2 parts that tend to have the most issues. The crawl space and attic. I always warn my clients up front that the crawl space and attic will make or break a house. Armed with the knowledge that the house was a flip and that I could not see the attic or crawl space, they decided to take their chances and write up an offer. For a house listed under $400k that looked to be in decent shape on the interior and had a nice floor plan, surprisingly it only had one offer. This is usually a sign of not great things, but hey- it meant no competition and since it had just been listed, they wrote their offer at just list price and not over asking. Their offer was accepted and we scheduled the inspection to happen within a couple of days. When we arrived at the house to go over the report with the inspector, I could tell by the look on my inspectors face that the house was a dud and all my concerns about it just having been flipped were validated. The crawl space and attic were total wrecks. Rats had chewed through a ton of the wiring, had made nests everywhere, even in the house ductwork. Rodent feces was out the wahoo and all the other terrible things that happen when rats move in were present. It was so bad that our inspector wasn’t able to inspect the whole crawl space or attic. We were all incredulous that the flippers who listed this house didn’t even bother to do any clean up or even try to cover it up. And it just added more fodder for my hesitancy in recommending recently flipped houses to first time buyers. My buyers terminated that very afternoon.

A couple of days later a cupcake little mid-century ranchalow just west of 82nd on the east side of Mt. Tabor in the SE part of Montavilla came on the market. Painted a perfect light blue/teal with scalloped siding frosting the front of the house, the curb appeal was delicious. This one hit all the same boxes as the Montavilla house, and this one felt even more warm and cozy. This house was not a flip and had been well taken care of by the previous owners. After sleeping on it, and before they even had their earnest money back in their pockets after terminating on the first house they had been in transaction with, they decided to go for it. This house did receive multiple offers and Elizabeth and Tom were able to rise to the top with a small escalation clause. For the second time in a week, they had an offer accepted on a great house. This house sailed through the inspection, and with just a couple of needed repairs that we were able to negotiate, the transaction was smooth from start to finish.

Brentwood – Darlington Workshop Dream!

My client, a renovator/woodworker, has been searching for a long time to find a property within Portland city limits that has both a shop for them to set up a woodworking space and also a large enough home to host a few renters to help with the mortgage. We were also looking for a home that needed minimal repairs to be move in ready and had a large enough basement that could be fit out for more rental space.

I knew this would be a difficult task given the number of homes I’d seen in the past that have adequate workshop spaces. They’re often run down and need a lot of work to get up to code, or highly sought after and at a price point that was out of reach. Especially with where the market in Portland is currently. Many people were on this hunt to also find a place where they could work remotely for the next months and years as the Coronavirus continues. 

  

When we found this home in Brentwood Darlington, we knew it was precisely what my client wanted. It met all of the criteria and was in a lovely area with easy access to major roads with a woodworkers dream shop out back! 

Of course, non of this could have become a reality without cooperation from the listing agent and having a strong teammate in Steph Noble over at Guild Mortgage. She and her team were incredibly communicative every step of the way, even working weekends to see this deal through to closing on 12/23. Just in time for my client to have a place to call home for their holidays!

3 Key Tips for Relocating to Portland

If you are relocating to the Portland area, and looking to buy a home, here are 3 key things worth considering, which will help prepare yourself for success in this current real estate market. 

 

  1. Find a place to rent first — the timeline for finding the right home to buy might take longer than expected. Extremely low inventory means there will be less homes to choose from, and the multiple offer scenarios we see regularly might mean you miss on a couple homes before ultimately having an offer accepted. Having a stable, open-ended housing situation in the meantime will take a lot of stress out of the process, and help ensure that you don’t have external pressures that force you to settle on a home that you might not otherwise want to buy.
  2. Choose a local Lender — Having a Lender with local market knowledge is crucial for your success in this market. Many Lenders are licensed in multiple states, so it might be tempting to work with your Lender from California, or your big bank that you have an established relationship with. While this may seem like the path of least resistance, I have seen too many scenarios in which this type of Lender selection has worked against a Buyer; particularly during a multiple offer situation. Listing Agents and Sellers want to know that the Buyer’s Lender is in-tune with the local market and local appraiser timelines, which will help ensure the deal closes on time.
  3. Be Open Minded with Location — There are so many great neighborhoods and micro-markets here in the Portland area, and if you are relocating here, you may not be aware of all of them. Oftentimes, it’s helpful to consider the characteristics that you are looking for in the neighborhood that you want to live in. If you have a list of what those things are, I can help identify which neighborhoods might be a great fit! Then, I always recommend spending time exploring those neighborhoods — even spending a weekend doing normal “weekend activities” in the different areas you want to consider. Being open minded is key in this market, as some neighborhoods only have a handful of homes sell in a given month. Eliminating certain areas without giving them proper consideration could mean missing on a great home!

 

While this list is certainly not exhaustive of all the things to consider when relocating to Portland, it’s a good start towards preparing yourself for a move here!

 

2020 wasn’t only full of crap! 

2020 wasn’t only full of crap!

It goes without saying that 2020 has been a messed up year. Politics, COVID, and social unrest aside, I still find myself in a place of gratitude.  It is in times like this we see what really matters… Helping people! I am thankful for the amazing clients I get to help navigate this competitive market and come out on the other side victorious. Today Carson gets the keys to his new house, a place for him and his daughter to make home!

Proud Ground and Columbia Ecovillage for the Ultimate Co-housing Opportunity

My clients Laura and Umar contacted me in mid-October because they had just been approved to purchase a home at Columbia Ecovillage through the local community land trust, Proud Ground.  I absolutely love what Proud Ground does and any chance I get to work with a family who has been approved to purchase one of their homes I jump on the opportunity.

Land trusts provides permanently affordable home ownership opportunities for families making at or below 80% of the area median income level. The land trust legally splits the home from the land. The “land” remains in the trust in perpetuity, while the home can be bought and sold as long as the new homeowners make below the 80% median family income at the time of purchase. By taking the land value out of the equation, the price of the home remains affordable. Columbia Ecovillage is a multi-generational co-housing community in Cully made up of 37 condominiums and situated on nearly 4 acres of splendor. The units rarely become available, but earlier this year a unit did come on the market, and a couple of long term Columbia Ecovillage residents decided they wanted to have a family sized unit be part of Proud Ground. This couple purchased the unit and donated it to Proud Ground to sell, and bringing another housing unit into the land trust.

Umar and Laura had moved to China from Portland a couple of years ago when Laura got a job doing mental health work for an English-speaking school there. This past February, they decided to go to Cambodia for a 2-week holiday. While they were there, coronavirus starting surging in China and around the world, and their family wound up getting stuck in Cambodia and were not allowed to return to China. After weeks in SE Asia it became clear they would not be able to return to China to their home for an unknown amount of time- probably months. They decided to go with plan B which involved making their way back to Portland. They left behind most of their belongings in China, including work and personal computers, and someday they hope to return there to recover their stuff. Once they arrived back in Portland, thankfully they found a fully furnished apartment to land in. Laura was able to keep her job in China working remotely from Portland, but it did mean her hours were late given the time zone difference.

Umar is from Uganda and growing up in Uganda, daily life was lived more communally. When they heard about Proud Ground and found out about the unit for sale at Columbia Ecovillage, it seemed like the perfect fit. They stopped by and were welcomed in and given a tour by some fantastic residents there. They fell in love with the idea of moving into this village space with beautiful shared gardens, community spaces, a communal kitchen and large old home that the residents use for gatherings, meetings and socializing and being a part of a close-knit community. They applied with Proud Ground and were accepted into the program and the unit at Columbia Ecovillage was reserved in their names. And that’s when I entered the picture after Laura called me. We wrote up the offer, and of course it was accepted. As we were writing up the offer, Laura and Umar learned who the benevolent sellers were who purchased the unit to bring into the Proud Ground stable, and it turned out the sellers were the very same people who had given Laura and Umar and their 4 year old son a tour and spent time talking with them about the community, and it all made sense. Everything was smooth sailing until it came time for the final employment verification. With Laura’s employer based in China, it did make for some tense moments and caused a slight delay in closing getting that final verification, but in the end, the sale closed and Umar and Laura and their son joined Columbia Ecovillage as the newest residents.

 

 

Another WIN for First Time Homebuyers!

Congratulations to David and Mireille who closed on their first home on Monday. This is the ninth time (insert Ferris Bueller joke here!) we have helped first time homebuyers purchase a home in the last 4 months! Yes — low inventory and low interest rates makes this a sellers’ market, BUT the low interest rates work in our buyers’ favor too — they can afford to pay more for a house while keeping payments at a comfortable level. Moreover, first time homebuyers usually have an edge over competition as they don’t have a home to sell. They have good flexibility when it come to when they can close and take possession.

David and Mireille were flexible when it came to location, which is another hallmark of many of our successful first time homebuyers. Because they chose to consider homes in a broad swath of Southeast Portland, they found a cute and well maintained home in Brentwood Darlington that checked most of their boxes: three bedrooms, open concept living and dining, updated systems, and lovely outdoor spaces. It even has a a fun dining room peninsula from which their beloved cats can slink, play and pounce!

We know David and Mireille (and their kitties!) will have many happy years in their new home. Are you considering purchasing a home for the first time? Now is a great time to explore your options — Call us!

The One and Only

As it has been said before, buying a home is no easy process. Especially when it is your first home, there is a global pandemic, wildfires, and many other motivated buyers in the market. This is why choosing a dedicated buyer’s agent to work with is so important!

That said, here is the story of my clients, Jack & Julia. Together we navigated the challenges with ease and emerged victoriously!

All together we toured roughly 20 homes ranging from 900 sqft cabins in Rhododendron, sprawling 1+ acre lots in Sandy, to the more traditional 3 bedroom and 2 bath properties in Gresham and Troutdale, as well as everything in between.

After getting a solid idea of what the market had to offer, Jack & Julia decided to write and offer on the best home of all. This was a great 1960’s single-level positioned in SE with a lot that backs right up to the park! This was the first offer that my clients had decided to write, and they were in love as the property checked every box on the list.

At first, it seemed like we had just missed the boat. We were outbid by a small margin but due to good communication when writing the offer and strong first impressions, we had the opportunity to move into back-up position. This allowed us to continue looking, but also remain on-deck should things change.

Lucky for us, this worked out in our favor and our back-up offer was soon accepted. Just like that, we were under contract on the one home that my clients wanted out of more than 20+ that we had seen.

While this was their first offer and we were initially placed in back-up position, it was a success! Despite all the environmental and unforeseen challenges, my clients were rewarded with the one and only home that they wanted which makes for a happy ending and an exciting new beginning as we approach 2021!

Jack & Julia, I genuinely appreciate your trust and belief in me as your Realtor. I look forward to some killer post-pandemic parties and to helping you build that backyard sauna!  

Hemenway All Day

 

 

Just sold! This Eastmoreland masterpiece was designed by beloved NW architect Roscoe Hemenway in the early 1950s. Since then, Portland Houseworks has restored this classic while adding modern conveniences. Congrats to my buyers who scored this beautiful home in a historic neighborhood! Thanks for letting me represent you. ⁣

 

Marisa Swenson – Specializing in Modern Home Sales
971-285-7955
modernhomesportland.com

 

It’s Easy to Be Seen at Cully Green

About 5 years ago I helped my clients Tim and Elizabeth purchase their first home in the Cully neighborhood. It was an older home on a nice sized lot with a lot of old house quirks. Earlier this year in the year (though it feels like it was 10 years ago) they contacted me because a new co-housing development was about to break ground right in the heart of the Cully neighborhood called Cully Green. Built by Orange Splot, who is well known for their green building, use of whimsical features and lots of real wood in their buildings, Cully Green is a community of 23 homes- 22 newly built townhomes and 1 home from the 1920’s that is original to the space. Tim and Elizabeth heard about this new community and had gone to a couple of meetings to learn more, and realized this was going to be exactly the kind of community that they wanted to be a part of.  Featuring a community building, gardens, and even a sauna- some of the highlights of physical features of living in a co-housing situation along with the opportunity to build a new community from the ground up was super appealing to them.  The buildings in the development are built around several courtyards with large covered front porches designed to invite neighbors to pull up a chair and chat. We wrote up an offer on a yet to be built unit in early March,and at the time we wrote up the offer, the expected completion date was around January/February of 2021.

Then Covid hit, and like everything else in the world, the whole project timeline was thrown for a loop as everyone hunkered down at the beginning of the pandemic. With a month or so, it became clear that because of Covid, a lot of the subcontractors on the job were going to have more time to devote to Cully Green since so many smaller projects stopped, or delayed starting. With all of the contractors and subcontractors going full steam ahead, we were notified in early summer that the homes should be ready for occupancy by late October or early November! In late August we put their home on the market and thankfully got a great offer that accommodated Tim and Elizabeth’s closing on Cully Green. The sale on their home went really well, and they closed right on time. As is often the case with new construction, by the end of October it was pretty clear their new home would not be ready to close the first week in November due to paperwork issues. Since we had already timed the sale of their house to coincide with the closing on Cully Green, the Cully Green folks were gracious enough to let Tim and Elizabeth take early occupancy otherwise they would have had to find someplace to stay for a couple of weeks with their pup. So while they moved into their home about 2 weeks before they officially closed, it was pretty still pretty exciting to meet them at their new home and see the whole project finished.

Cozy Cabin Just in Time for Fall

Just sold! So excited for my buyers and their future living in this dreamy oasis in the woods of Lake Oswego. From the vaulted ceilings to the wood floors – this home has some serious cozy Pacific NW cabin vibes. Congratulations on closing! ⁣

 

Marisa Swenson – Specializing in Modern Home Sales
971-285-7955
modernhomesportland.com

Fresh Energy!

The stress and anxiety leading up to the election this year was like none other before it. It felt like so much of our future hinged on this election, and I was nervous about whether Americans would vote to restore a sense of competency in the White House. As a Realtor and business-owner, it was such a huge relief to see Joe Biden elected as President; knowing that someone who actually cared about the American people and small business would be running the show. There are so many challenges we will all face as we try to dig our way out of the devastating effects of the pandemic, but for the first time in 2020, it feels like there is light at the end of the tunnel. Congratulations to President-elect, Joe Biden, and Vice President-elect, Kamala Harris!

Don’t Miss This Opportunity!

Offer Deadline Today at 5 PM
426 NE 92nd Ave
Portland, OR 97215
Stylish Mid-Century Gem

This mid-century Montavilla home has a well laid out main floor with updated bathroom, cozy kitchen and light drenched front room complete with natural wood built-ins, fireplace and stylish wallpaper.  Direct access to a luscious back yard full of mature plants and edibles. Yard provides tidy areas to lounge and entertain at a distance and dreamy garden shed.  Surprising basement with light filled family room, storage, laundry and a workshop  One car garage and additional off street parking in the drive.

Offered at $399,000
MLS# 20014802 | SQFT: 1900
 3 Bedrooms | 1.1 Bathrooms
Year Built: 1954 | Tax: $4191.99
Take a tour from home!

SEAN O’FEERY
206-795-0703
Sean@livingroomre.com

Moving On Up to Mt. Tabor

A little over 4 years ago a most fabulous lady named Claire contacted me to help her purchase her first home. At the time, she was working for a non-profit and while she didn’t have a lot of funds or a high paying job, she did have fierce determination to buy a home. It took a while, and included several grants and first time home buyer programs, but she wound up purchasing the most adorable condo ever that I was listing. My seller on the condo had purchased the condo a couple of years before, and then met the love of her life and they sold the condo to buy a bigger home. Claire wound up buying the condo after a break-up with a former partner. Fast forward 3 years and Claire contacted me again because she had met the love of her life Timothy. Claire had moved out of the condo into a larger apartment with Timothy, and she was ready to sell the condo. I listed the condo and within a couple of weeks got a great offer and a month later she closed on the condo and that chapter of her life. Timothy is a veteran and eligible for a VA loan. I hooked them up with Jennifer Leon over at Umpqua who is fabulous with VA loans and they got pre-approved for a nice sized loan. Off we went to go look at good sized detached houses with 3 and 4 bedrooms in great parts of town.

We spent a solid weekend looking at 10+ houses, and as often happens, they fell in love with the first house we saw. It’s a brand new 4 bedroom home with a legal ADU that sits on the edge of Mt Tabor and has a lovely west facing view. With both of them working from home, this house has plenty of space for a home office and future bedrooms for their hopefully expanded family. And with the ADU on the bottom floor, it provides a great space for a renter or as a space for family to come stay for longer visits once a baby comes on board. After they decided that this was the house they wanted to buy, they got back in touch with Jennifer for a pre-approval letter to go along with their offer, and found at that the interest rate was only 2.5%. TWO POINT FIVE PERCENT! Whut?!?  Claire and Timothy had a monthly budget and at that low of a rate, it meant that they could do 100% financing and still pay several hundred less a month then what they had budgeted for. We all had to slap ourselves silly when we found out how low their monthly payments would be- even with zero down.

We wrote up the offer, had it accepted, went through inspections and with the exception of a very unexpected find of an abandoned oil tank on a property with new construction, (that thankfully had not leaked) sailed through the transaction. A little more then 3 years after I handed Claire her first set of keys to her very first home, I had the privilege of handing over the second set of keys to an even bigger and better home.

Get Out Your Favorite Pens Folks Because We Are About To Check ALL THE BOXES

Congratulations to Nathan & Isabelle!!

My clients are some of my favorite people! I’m proud to say my business is entirely referral-based which means there is a high level of trust naturally built-in to our relationship from the beginning.  Nathan and Isabelle were no exception. They were referred to me by Nathans’s sister, Jenn, who has been a client for years. As expected from already knowing Jenn, Nathan and Isabelle are some of the sweetest people on the planet. They were looking for a cute house with a yard and an oversized, clean garage. Nathan’s hobby is car racing so he needs a nice space to work on cars.

Nathan and Isabelle saw a good number of homes that didn’t quite hit the mark, but they were troopers and stuck with it. They knew exactly what they wanted and they were not willing to compromise. So, when this cutie popped up they knew it was the ONE and they were ready to jump on it!

The market is very competitive right now and Nathan and Isabelle were on board to put together a very competitive offer that was accepted without hesitation! I think it really helped that they had seen a lot of houses already, so they knew a gem when they saw it and were ready to fight for it. This house couldn’t be a better fit for Nathan and Isabelle! Seriously, it almost seems as if they manifested it, that’s what a great fit it is. They did the right thing by waiting for something that checked all the boxes!

Here’s to their new home!

MID-CENTURY LOVE

Jenna and Jeff loved their mid-century home, but needed more space and wanted to improve their school district.  We explored older homes, but nothing gave them the comfort of solid mid-century construction.  They were patient, realistic, and open-minded, all of which led us to the perfect storybook home and sale. The sellers were a couple that cared for their amazing mid-century for the past 55 years and were ready to move to a smaller place. Jenna and Jeff were ready to take on the stewardship of this well-loved home and yard (Jeff’s an avid gardener).  This experience has been more than they ever expected, both because of the house and the rare opportunity to truly meet the owners.

To Be Young Again

It was so much fun helping Alex and Jessica find their first home and start their life together.  They have been married for 2 years, living with roommates as they saved for this.  All their hard work and patience to make their dream come true was supported by appreciation, eagerness, and excitement, which I simply found so refreshing and a privilege to be a part of.  Now they have a space for their big couch (a couch they bought together and love) and a yard for a new puppy!

A New Perspective

As we approach the end of the year, I always spend time reflecting back on the market for that year — where my business came from, whether I was able to improve my level of service and expertise, and the motivations that inspired buying and selling decisions. This year was markedly different from any previous year for many obvious reasons. As Realtors, we all had to adapt to changes in the way we conduct business — Zoom calls instead of face-to-face meetings, no-contact showings and never-ending supplies of hand sanitizer.

In many ways, the vast reduction in face-to-face interaction was the hardest part to cope with. Building and maintaining solid connections with my friends and clients is one of the most rewarding parts about my career, and being able to spend time together in-person has always been my favorite way to do so.

With that said, the intrinsic gratification of helping a client accomplish their goals seemed to be at an all-time high this year. Many people’s motivation for buying or selling a home this year was predicated on the idea of finding more space. Whether that be for multiple offices to work-from-home, more yard space for spending time outdoors or more space to spread out at home and stay sane, it seemed that everyone was looking for ways to develop a new appreciation for being at home, since all of us were spending so much more time there. And with the heightened sense of anxiety that so many of us have been feeling, there were additional layers of stress added to each real estate transaction.

All of this made things just that much more exciting though, when a client was able to successfully accomplish what they set out to do. And, it helped add some sparks of joy to both mine and my client’s year. I am always so grateful for all my friends and clients who choose to work with me, but this year has been extra special. Thank you all for your continued trust and support!

Just Sold in Cully!

Five years ago I helped my clients purchase this great 3-bedroom home in Cully at 6001 NE Milton St.. Earlier this year my clients contacted me because they love the Cully neighborhood and were super intrigued by a new co-housing development being built by Orange Splot, called Cully Green. After doing their research they decided that they wanted to sell their home and buy a new home at Cully Green. And then the pandemic happened. But thankfully by the time they were ready to sell their home, we had figured out all the protocols for handling sales. We listed the home, got a great offer, and they just closed on selling this one. Next week- on to buying the new house in Cully Green!

Hollywood Here I Come!

Wow. This truly stunning home located in Hollywood/Grant Park has undergone a complete designer remodel that successfully preserved it’s beauty as a 1915 bungalow. The home is full of  light filled spaces that feel warm and comfortable, even on the rainiest of days. Your eye will be drawn to the custom cabinets and lighting, restored wood windows, restored hardware, and beautiful hardwood floors. Behind the scenes new plumbing, sewer, wiring and electrical panel, water main, HVAC system, radon system, and earthquake retrofit will keep your mind at ease! And just when you thought it couldn’t get better you’ll find the separate living space in the basement with it’s own laundry, full bath and private entrance.

I love working with our sellers to make their home shine when it’s time to list… it’s kind of my thing. 🖤

A Neighborhood Favorite Finds an Adorable Bungalow

Congratulations to Tim & Artie!

Tim and I have known each other for long time. He is a dear friend and, as the owner of Little T American Baker on SE Division, a beloved part of our community. He is beyond kind and very thoughtful. Good vibes lead the way in everything he does. That charm led the way for Tim to find a very special home!

Firstly, Tim found a house that wasn’t even listed for sale, all on his own! A friend of his knew another friend was planning to sell her cute Bungalow in the Hawthorne district. Seemingly a red carpet rolled out in front of Tim because shortly thereafter we were inside the house taking a look around. It was a perfect size, had ideal updates and was in fantastic condition!

Another part of what made this transaction special was the seller and her agent. They were clear, prompt communicators and a pleasure to work with. Buying a home is a big deal, and it’s always going to bring a little stress along with it. But when both sides can work toward a shared goal and with mutual respect, it can be a great experience!

I’m over the moon for my dear friend Tim and his new house!

 

The Sunburst House

Houses with the sunburst pattern in the siding over the front porch are special and this Irvington home with the sunniest of siding is no exception. My buyers recently moved up to Portland to be closer to family and after a couple of months of looking for the ONE, they found it here. Because it’s a special house, of course it had 3 great offers. My buyers were the first to write on the house, and when it came time for the sellers to choose which offer they would accept, thankfully being first offer in was a big point in our column.  Congratulations to my buyers on getting the first and only house they wrote on!

Work Hard & Be Kind

Congratulations to Maggie and Hoyt!


Work hard and be kind really sums up my whole work philosophy, and for that matter, probably my whole LIFE philosophy! It also sums up Hoyt and Maggie!

I love working with other hard workers. Maggie and Hoyt are a great example of how hard work, kindness, and trust can take you a long way down the road of life.

I first met Hoyt and Maggie years ago when they were purchasing their first home. And oh how time flies! Fast forward to 2019 and their family has outgrown that lovely ranch and is ready for more room.

One of my favorite parts of being a Real Estate Broker is helping clients prepare their homes for sale. It’s very rewarding to suggest updates and tweaks that prove to have a big impact on the outcome of the sale.  Maggie and Hoyt worked super hard and did an amazing job updating their home. Their kitchen remodel looked fantastic! And because of all that hard work, they were extra jazzed when they received 6 offers on the house!

So, you can imaging that after all the work Hoyt and Maggie had just done to sell their home they now wanted to buy a home that didn’t require much updating while big enough for a growing family. Plus, they have fantastic style, so that was a given! After a few near-misses, we found the CUTEST, remodeled home on a corner lot in Piedmont.  The big yard is full of potential and garden space, with plenty of room to improve the value.

I am so grateful to have hard-working and kind clients such as Hoyt and Maggie!

Chloe & Alex found the ONE!

Congratulations to Chloe & Alex!

Meet Alex and Chloe, first time home buyers looking for their first home together. They are whip-smart, fun, and data-oriented, which, of course, made me want to work with them from our first introduction! …But, Alex really got me when he said he was looking for an agent who wouldn’t just tell him what he wanted to hear. BINGO! We were a match. And, as expected, it was a joy to get to dive into the details of the process with them and give them my honest opinion throughout.

The market is very competitive for buyers right now so when Chloe and Alex found the house that checked all the boxes plus tugged at their heartstrings, they were ready to pull out all the stops to make it happen! Plus, I think there was a little extra fairy dust sprinkled on this one because even though there were 2 offers higher than theirs, the terms of the sale were strong enough that they managed to get into first position and breeze through the sale. We even closed a week early! Big shout out to JJ Lee Kwai at Two Rivers Mortgage for making that happen!! I’m so happy for Chloe and Alex. 

One more note, Chloe and Alex were referred to me by way of a wonderful past client who I had the chance to catch up with at my Social Distance Party this Summer. Hooray for referrals! My business is built on referrals for a reason and Chloe and Alex’s experience was a great example of why referrals are important. We build trust a lot faster when a friend has already vouched for the top-notch experience they can expect from me and my team. This especially makes a difference in our current competitive market. Chloe and Alex trusted my advice and it made all the difference in getting the home. 

Horray for Alex and Chloe!

When The Playbook Calls For An Audible…

A couple of real estate truisms…

1). The clearest path to success for our clients is often found by following a well thought out blueprint (a specialty of mine, as it just so happens).

2). We collaborate and honor our client’s wishes.

My latest listing in SE PDX is an interesting example of the above. While prepping a listing for a photo shoot the other day, I asked the homeowner if she meant to have left her BLM sign in the front window of her house. She said she was unsure if it was a good/bad idea and then asked my opinion. Having helped this person buy the home several years earlier, we’ve built our relationship on trust and candor, so I dive in “Well, umm, errr”, but then “The conventional rule of thumb in real estate marketing is to present a Seller’s home in its most attractive light to the widest audience possible. Again, just generally speaking, creating a space that a prospective buyer can imagine themselves inhabiting is the goal, so keeping personal items (like a Seller’s family photos) out of sight might help ensure that a potential buyer’s own vision doesn’t get obstructed. After all, anything that could limit a home’s audience could mean less demand & less bottom line for the Seller. However… There is also a scenario wherein a personal statement will attract and/or compel an even higher bid. Ultimately, there is no one correct answer here. After all, much like with a person’s social media account, at some point there’s usually a conscious (and very personal) decision on whether or not to try and maintain a neutral presence, or to just lean into yourself hard.” In the end, the Seller instructed me to include an image of her house with the sign proudly posted, just not the lead shot on Zillow though.

What a great little property and it went under contract (with several offers for well over list price) within 72 hours!

I’ve a blueprint available for your home too.

Pride of Ownership

A couple of years ago, Paul and Jana started dreaming of finding a more spacious “forever” home. As long time occupants of one of Portland’s historic Craftsmans, they value preservation and knew they were seeking a home with vintage attributes that they could be stewards of for years to come. Part of finding the right place was finding a seller who aligned with these values and took pride in upholding a home’s original character. When they walked into the meticulously maintained Irvington Craftsman that would become their home, it was clear the seller had a kindred perspective and they jumped at the opportunity. Congratulations Jana and Paul! Here’s to safeguarding a piece of Portland’s history.

The Value of an Excellent Lender

The importance of a lender is not truly felt until you are in the process of the purchase. There are so many options for a prospective buyer to shop from, some great and some not so great. We, as Real Estate agents, have an opportunity to offer referrals for a trusted lender, but it is ultimately the buyer’s choice who they will work with.

 

In this short blog post I want to point out a couple of things to think about, as a buyer, to help you find the right lender or lending institution for you:

 

Does your choice answer the phone on a weekend or after 5:00?

  • I can tell you, from personal experience, that Real Estate happens at all hours, especially the weekends and evenings. Getting timely information or a revised pre-approval letter when you need it can be the difference between getting your dream home and getting your offer rejected.

Does your lender keep your timeline in mind and have experience with the local market?

  • A Real Estate purchase or sale is a list of terms and timeframes. The best lenders are looking ahead on all timeframes to set up for a smooth sale. They are communicating with you to let you know when you should be considering a decision that will affect your timeline. Namely, on when to order the appraisal.  A thoughtful and active lender will know if appraisal reports are taken longer than normal in your area.

Does your choice of lender have a track record of making it easy for you as a buyer and did they come to you from a referral?

  • As an Agent who works by referral, I cannot understate the value in having a first hand referral of the professionals you choose to work with. A lender is the third member of your team: It is you- the buyer, me-the agent and your lender that all work to make a successful sale. Choose wisely!

How do the rates compare?

  • I get it! The cost of a loan is important and the interest rate of your loan is important but if you can get the same cost and rate from a proven performer with a stellar reputation, take the time to get pre-approved with them, it could save you some headaches down the road.

If you’ve read this far, I’ll bet you can imagine that this blog is inspired by the wonderful lenders I work with and some of the others that have struggled.

 

Shout out to my top three:

Aaron Nawrocki with Capital M

Gary Boyer with Directors Mortgage

And JJ Lee Kwai with Two Rivers Mortgage

 

You guys are the best!

If you are just getting started or at any stage of looking for your home give me a call, I’m with you for every step of the way toward your goals.

I pride my practice on being full service from before the beginning well past the end!

 

From One Agent to Another

I had the pleasure to help a Seattle Real Estate Agent buy a home here in Portland.   She walked into my open house and found the townhome I had listed was not quite right for her but it was SO close.  She called me a couple days later and  we took a look at one down the street that was a better fit for her family.
It was great to work with someone that has a feel for the pace of a purchase and although she was a client it was more like working with a colleague. Bethany was great and the sale was a sweetheart deal. Thrilled to be welcoming another stellar human being and new Real Estate Agent to Portland!
If you are looking for your home here in Portland, I’m always happy to be of service.

New Construction Offers Opportunity

Buying a home in the Portland Real Estate Market can be extremely challenging right now. With the average sale price up 9% from where it was this time last year, and with inventory levels at record lows, the competitive frenzy that is the Portland Market is full of challenges for would-be buyers to overcome. With multiple offers on seemingly every property, buyers have to be aggressive, take risks and be ready to make major decisions within a matter of hours after seeing a home. For some, this can be exhausting and overwhelming, and even cause a sense of burnout when it comes to searching for a home. 

For some of my clients, it has caused them to reframe their goals for purchasing a home, and some have begun to look for new construction in the various new communities that are popping up outside of Portland. New construction communities can oftentimes offer an opportunity to purchase a home without having to compete with other buyers; meaning less stress, more time to make decisions and more options to choose from. In many cases, you are able to make upgrades or add customizations as well. Not to mention, all the systems of the home are brand new, so maintenance costs and repairs are kept to a minimum!

Many of these new construction communities are still selling out quickly though, so it definitely pays to know about these communities early. As your resource in the industry, I am constantly keeping a pulse on new construction communities that are in the works, so my clients can be the first to know about them and have an opportunity to see the available inventory!

Hazelwood Mid-Century Gem

 

In January, Sam and Nick moved to Portland from Minneapolis for work in pursuit of a neighborhood that reminded them of their former NE Minneapolis neighborhood. Being from Minneapolis myself, I was especially excited to show them around town.

We toured close to 20 homes from St. Johns to Milwaukie. They settled on an impeccable Mid-Century ranch located in the Hazelwood area of Northeast Portland. This wasn’t on our initial list of neighborhoods, but when they saw this particular house and neighborhood – they knew it was the perfect fit for them!

Finding the right home with all of the amenities they were looking for, which included: Mid-Century aesthetic, bike storage, closeness to Portland, yet also being close to areas that they could go mountain biking was so important to them.

Upon submitting our offer, we found ourselves in a multiple offer situation. But after many conversations with the Listing Agent, Scott Shoji of Living Room Realty, we submitted a creative offer that we felt really spoke to his sellers. Then we waited.

Two excruciatingly long days later we received a call from Scott. Sam and Nick’s offer was chosen! I believe that great communication on all sides, assurance of working with a trustworthy lender, the ability to meet the seller’s needs and creative solutions helped them win.

Working with Sam and Nick to find their first home was an absolute pleasure and I am so thrilled to see them in this beautiful home. It is truly perfect for them.

   

   

   

   

An Eastside Dream Realized

Buying a home anywhere west of SE 82nd is a tall order these days. Being able to buy a home without any competing offers, is nearly impossible. Congratulations to R&C for being able to find the diamond in the rough, and landing a home in their target neighborhood, without having to compete with any other offers. There are definitely a few projects to get started on right away, but I look forward to seeing how they transform their new home!

Time in nature is essential to my sanity!

For me, the life of a REALTOR® is often seven days a week 10 hours a day. I tend to want to work when my people need me to and prefer not to set specific working hours. As such, I can find myself in periods where I’ve worked 30 to 60 days in a row without a day off. They sneak up on me. It’s during those times that my regular habit of taking little breaks in nature saves my sanity and allows me to continue to advocate well for my people. A walk in my neighborhood or a park. A drive up the Gorge or one night at the beach become essential to my sanity. 

But, when align perfectly, there’s nothing like taking a week off and spending it someplace beautiful. Last week was one of those lucky times where I was able to escape to Orcas Island and the peace and tranquility of one of the most beautiful places in the Northwest because time in nature is essential to my sanity.

The Ultimate Project

Buying a project home is never easy, and it takes a lot of guts to really give something like this a go. To take this step while buying your first home… now that’s a major power move! I am so excited for my wonderful client, Lia, who just closed on the ultimate project house! Lia has all the vision required for a major overhaul, and I can’t wait to see the before and after photos. I just know she will make the most of this, and really maximize the potential of the space! Congratulations, Lia!

Taking the Long Way Home

Congratulations to Dustin, who is closing on his third real estate purchase in the last year! It’s been so great to reconnect with Dustin, who was a long-lost friend from High School. After trying unsuccessfully to buy a property – unrepresented – last year, Dustin gave me a call and asked, “are you still in real estate?” A month later, we closed on the investment property he had been trying to buy. 3 months later, he and his wife bought another investment property! Fast forward to this summer, and they just purchased a new primary residence, while finding a tenant to begin renting their current home. This most recent transaction wasn’t an easy one, and even involved a lender change during the middle of the transaction! But, with some creativity and brainstorming, we were able to pull it all together and make it happen. The extra hoops we had to jump through just make it that much sweeter to finally close! I’m so thankful for your trust, and am grateful to be a part of building your real estate empire! Looking forward to the next one!

Navigating with integrity 

When Jill and Chris were offered the opportunity to relocate to Portland for work, they knew one of their goals would be finding a place to call their own. With trusted friends already located in Portland, they were fortunate to have people to lean on as they carved out their first step. Luckily for us, their friends pointed them our way and we began the first time homebuyer hunt, which in a competitive market and price point, can be daunting. Jill and Chris were realistic and driven. This perspective and the willingness to throw down the gauntlet to win, landed them a fantastic home in an incredibly scarce price point inside of 82nd. We made it through some large surprises during inspections, Jill and Chris always keeping in integrity to the terms they wrote to win the home. They are great people that are emerging victorious because of their dedication and openness to counsel in an often challenging market. We are so honored to have helped them and to have them in our amazing network of clients.
Jessica LeDoux
realtor + warrior + advocate

A Smooth & Successful Downsize

Congratulations to CJ on successfully downsizing, and finding a nice compact home, with a HUGE backyard for the doggos to run around in! I was thrilled to have the opportunity to work with you, and am happy for you to make this transition! Thank you for trusting me to guide you through the process, and for being willing to really “go for it” to get this great house! Being aggressive with your offer terms can certainly be scary, but in this market, it’s often the only way you will come out the “winner” in multiple offer scenarios.

Cute Roseway Bungalow

If you are currently a buyer in the Portland area, you know that homes are selling fast and often with multiple offers. This Roseway cutie was no exception. Before I could write a blog about the new listing (3 bedrooms, 1 bath, full unfinished basement, 2000 sf), the seller had accepted an offer, over the asking price of $479,900.  The deal will close tomorrow, so I just want to wish my seller, Jessica, the best of luck in her new life out in the Columbia River Gorge!

Epic Win on Wilshire Park Bricker

I helped my buyers Brooke-Lynn and Ivan sell their classic mid-century in Rose City Park back in March. They loved their old 2 bed 1 bath home, but were ready for something bigger and in closer-in NE Portland. When they sold their home they had multiple offers and were able to get a buyer who gave them 2 months of rent-back. Once late May came around, they still had not secured their next dream home, so off they went to stay at friends houses, then AirBnB’s.

In late July what they thought was their dream home came on the market in Overlook, but after a fierce multiple offer battle, they didn’t feel comfortable going as high as the house ultimately sold for. They were sad, but determined to find the next dream house. And then along came a house that had just had a $70k price reduction which put it within their budget. From the outside, for all appearances it was a classic brick one level sprawling mid-century facing Wilshire Park in NE. We went to take a look and inside it was even bigger than it looks on the outside. All of the rooms were huge and airy and one room in the basement was huge with a fireplace, built-ins and  9′ tall ceilings. The house felt 1950’s all over, but the year built was listed as 1920.

While checking out the house we figured out there had been a little 1920 bungalow, but sometime in the 1950’s, someone  built a huge mid-century around it on 3 sides. The location across from the park is dreamy, so it’s easy to see why someone built out the house. It wasn’t the perfect house, but by removing a wall between the dining room and kitchen, it was clear that this house could be everything they had been looking for.

The house had originally been listed for $125k more than the new list price, and was now being sold as-is. Brooke-Lynn and Ivan loved it enough to put in an offer knowing that the house needed a lot of work on the systems and mechanics which were all well past their prime. We also knew that it had a terrible looking roof that would need to be replaced and an in-use oil furnace from the 1950’s with an underground oil tank. But even at the list price, it was a great opportunity for someone willing to put the money into it to bring it back. And Brooke-Lynn and Ivan decided they were those people. We wrote up an offer and the sellers accepted it right away.

And then came the inspection. And it wasn’t just the roof and furnace. It was everything- plumbing, electrical, rats, foundation, sewer, an oil tank leak, and more. After sleeping on it, they decided that too much work was needed and to get it up to par would cost in the $60k-$70k range- and that was before any cosmetic work. For the house to work for them, the price would need to be another $75k lower- so $200k under the original list price. We were pretty sure that the sellers wouldn’t go for that, so with a lot of sadness, we terminated the transaction. And then, what do you know, the sellers agent came back to us and asked my buyers what they would be willing to pay for the home. The sellers were older and had health problems, and given the state of the house, they really didn’t want to risk going back on the market. After weighing their options, they decided to come back to us. The listing agent and I scrambled to get bids for everything so my buyers would have an idea of the cost of all the needed repairs. My buyers decided that if the sellers would pay for the roof, do a pest control clean-up and abatement with the help from wildlife control in Houston, and get the leaky oil tank cleaned up and registered with DEQ, that they would be willing to pay $45k under what they had been in contract with. We thought there was no way that the seller would go for it, but go for it they did.

So about 2 weeks after we fell out of contract, we went back under contract, and 2 weeks after that, we closed. During the second transaction my buyers were able to line up all the contractors for the plumbing, sewer replacement, furnace replacement, electrical work, and the sellers pre-paid for the new roof and gutters. My buyers had a fantastic lender- Jake Planton with 2 Rivers Mortgage, who was able to get them an appraisal waiver and revive the dead transaction under the original lock and loan terms. I have never had a transaction where my buyers terminated and we were able to get back on track with terms that were acceptable to my buyers. My buyers had been so discouraged after they terminated on the house, that they were literally a few hours away from making the decision to move away from Portland for the time being. Once my buyers get the house back into great condition by dealing with all the systems upgrades and deferred maintenance, they can move on to the fun stuff including taking down a wall and re-doing the kitchen. I can’t wait to see magic they in store for the house!