PDX Renovations

Author: joseph

  • Cash House Buyers in Portland

     

     Cash House Buyers in Portland

     

    When you have an opportunity to sell your house for cash in today’s market, it is best to give it serious consideration. There are plenty of options, including cash house buyers in Portland.

     

    A number of factors are adding up to “Sell my house for cash now.” We’ve listed them in this blog, so that you can find the right alternative that will allow you to unload your property at its peak value and profit now before it is too late.

     

    A Tight Lending Environment

    Lenders have done a complete about face since the mortgage market blew up with the subprime lending scandals. What was once seemingly free money is now all but impossible to acquire through a mortgage application. Mortgage banks are still reeling from the fallout over the housing crisis. Those that are still in business are very reluctant to loan money to anyone. Without the ability to qualify for a mortgage, the supply of buyers in drying up.

     

    Low-Ball Appraisals

    If banks are leery, appraisers are downright paranoid. Appraisers, who took a lot of heat for their part in the subprime crisis by overvaluing homes are now undervaluing homes. As a result, if you want to sell your house to a buyer with a bank loan, you’re going to have to sell it for less than it is really worth.

     

    New Regulations

    The government backlash in regulations following the subprime lending disaster have gone into effect for 2014 and they bring new rules that make it harder for buyers to qualify for a loan. Income-to-loan ratios, employment history requirements and higher down payment requirements are pushing many would-be buyers out of the market. First time buyers, people who have experienced time unemployed and retirees on a limited income all face new hurdles when attempting to qualify for a mortgage loan.

     

    Cash House Buyers in Portland are Becoming Hard to Find

    Remember when, not too long ago, most of the home purchases were all cash deals? Well, that number is down dramatically. With housing prices returning to normal, the big spenders have turned to other investment opportunities.

     

    All of the above factors point to one big problem if you want to sell your house—it’s going to be difficult. Reluctant banks, low-ball appraisals, a lack of interest from real estate investors and tight government regulations add up to a diminishing pool of buyers, decreased demand and downward pressure on the price at which you can sell your home.

     

    The good news is that we buy homes for cash. We’re not fickle investors who have turned to other markets now that real estate has become less lucrative. We specialize in real estate and are in the game for the long term. Individuals seeking to sell a house can turn to us for a fast sell without the headaches associated with bank qualifications, iffy appraisals and government scrutiny.

     

    But beware, all cash house buyers in Portland are not the same. When trying to differentiate between the good and the bad, check their testimonials and reviews online. Google them and see what you can find. Also a good tip when dealing with a cash buyer in Portland is verifying they have the funds to close.  This means at the time of contract negotiation, request fund verification. If they are the real deal, it shouldn’t be a problem.

     

     

     

  • Vacant Homes for Sale

    Vacant Homes for Sale

     

    Do you have a spare house? Let’s say you do and you aren’t sure what you want to do with it. Life keeps moving forward, but you don’t have the cash, time or patience for yet another home What if It’s vacant, taking up your time and energy, but for what? Will you be renting it out or perhaps putting it on the market? Whatever your decision will be, you’ll most definitely be spending some big money in preparations. There are vacant homes for sale more often than you’d think. People just don’t have time for them.

    Do you want to rent it? Renters require a certain amount of time, energy and patience and having the house up to a “rental satisfaction” will mean making sure everything is in working order. Selling a house will take even more attention as now you are not only considering the renters, you have to consider your realtor and what they would want you to do to get it into sale shape, the inspection company, who will tell you everything tiny thing that needs fixing and the new buyer who might insist on a new roof or new carpets before they make an offer. There are plenty of things to consider.

    Your vacant house can also be subject to vandalism, pest infestation, dry rot, overgrown vegetation etc. Without proper maintenance, even a nice home can become subject to a multitude of problems. Owning a vacant house can be a headache on so many levels.

    So now you’ve decided that the vacant home needs to go, but you don’t want to spend a ton of money out of your pocket. So why not consider a cash sale. We buy houses, vacant homes, lots and land with no money out of your pocket. We even take care of the garbage. PDX Renovations LLC has been buying homes in the Portland metro area for over 16 years with a stellar reputation in the community. Fill out our sell fast form at pdxrenovations.com and see what we can do for you today!

  • The Jungle Out Back

    It’s nearly June, kids are almost done with school and it’s time to get your summer on But your backyard looks like a jungle. What do you do? Where do you start? You didn’t get a head start on the madness until it was too late and now everything is abundantly growing and out of control. What you’d rather be doing is relaxing in the hammock drinking a cold beverage, but before that can happen, the weeds need to be gone and the lawn needs to be lush and green, right?

    We suggest taking it one step at a time. If you stand back and look at the entire disaster, it will overwhelm you and make you fear the yard. Don’t fear and don’t fret. There are outrageously expensive companies that will come tame the jungle for you or you can take it on yourself. We suggest the latter.

    A great way is to make a list, or even a sketch of the backyard and then look at it in sections. You can even rope off a portion of the overgrowth and tackle that for an hour or two each day or just pick one small area and say “This weekend, You’re doing down!” And just stick to that one part. It will keep you from being overwhelmed with the jungle out back and will give you a small project to work on in your spare time, rather than a huge headache.

    Weed-shield is also very effective. Once you’ve worked hard and gotten rid of every last weed, think ahead and if you never want to do this again, put down a barrier and then cover with bark or gravel or even decorative rock. (If you do this, seek out gravel yards instead of paying a fortune for bags at a hardware or garden store)

    If you know anything about the pacific Northwest, you know that Moss can also be a problem. Especially in those areas where the sun just don’t shine. There are a variety if very good moss fighters out there as well as other weed killers like Noxal and Casoron to take on areas where you don’t want anything growing ever again… so take a look around, do some measuring and get to Lowes or Home depot for your yard needs sooner than later so you can enjoy the sunshine in your newly manicured yard.