Author: joseph

  • Get your Equity working!

    Equity is important. It’s the reason to invest in real estate in the first place. Have you ever dreamed of owning real estate, growing your equity with each year. Well now is a great time to think of the rewards of selling and getting that equity to work for you. Whether it’s home improvement time or perhaps a young adult off to an expensive college, time to downsize or whatever the reason.

    The Portland area market is constantly changing, but now we are beginning to see the start of a trend in price declines in the real estate re-sale market. As this trend picks up, it will possibly diminish the equity you have in your home. Waiting to sell a home in Portland, OR, for example, can result in a loss of equity and a loss of net value. Can you afford to take another financial hit after recovering from the last market crash? Are you ready to sell now instead and save yourself time and headaches down the road?

    There are many reasons that make great financial sense when deciding when to sell a home and liquidate your equity. Whether you want to relocate to better schools or progressive job markets, are ready to downsize, or want to have a more secure retirement, following the rule of investing—maximizing your equity—and cashing out at the right time will be one of the most important decisions you will ever make in your lifetime.

    One good way to beat the market trends is to consider a fast house sale. You can sell your home fast, cut through a lot of red tape, avoid broker and agent fees and make even more money on the sales of your property.

     

    Fill out our sell fast form and get a cash offer quick. It’s that easy with no out of pocket expenses.

    https://patient-liger-dev.10web.site/how-we-buy/

  • Selling vacant homes

    So you’ve got an extra house. 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.

    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!

     

  • Estimates: Contractors and what they really charge

    Just like anything else in life, unless you are educated and knowledgeable in specific areas, you truly don’t know everything. And subsequently, sometimes you don’t really know the true cost of things. For example getting your car’s brakes done. Do you know how much the mark-up on pads and rotors is. Or when ordering wine at a restaurant, do you know it’s a 200-300% mark up on your favorite wines and spirits. It’s the cost of doing business. Everyone does it.  Now, imagine the big picture. Big dollars…maybe you need an estimate on new drywall in your living room because a pipe burst or your roof is leaking or your electricity goes haywire. Until you get a few different estimates, you truly don’t know how much it’s going to cost you and how much different each bid can be.

    For example. Getting a concrete estimate. Sure, each company will probably tell you a set amount that is very similar to the next guy’s as far as how much the concrete itself will be but the contractor will then add in delivery fees, labor, mileage, etc. And each estimate you get can vary by hundreds of dollars. It’s always a wise idea to get 3 to 5 bids whenever doing any kind of home repair job. Don’t feel bad for having them come out and give you an estimate either. It’s their way of marketing themselves as well and keeping prices down for the public. Besides if they really want your business, they will work for it. It’s not a monopoly by any means. Getting estimates is also a good way to get comfortable with someone being in your space with your family and your belongings.

    Now, you’ve got your estimates and you are comparing costs, labor, timing, etc. You can go even further and use the internet for reviews, Better Business Bureau ratings and anything else you might need to know. When you pick the right contractor, the real work begins.

    Make sure you are prepared for the unexpected. We all joke about the famous, “two weeks” Sure, it could take two weeks, but more times than not, something will come up and it will take a bit longer. Is the contractor you hired going to bump up your bill, inflate it for the extra time they are putting in? What if something happens beyond their control? Who pays for mistakes or do-overs? Do they offer a warranty on their product and services? These are important things to think of as well.

    Of course, there’s always your network of friends and family who can give great reviews and referrals, so don’t just pick up the phone and hire the first company you talk to. You’ll save money and headaches down the road by doing it right and getting a few different estimates first!

    If you want to skip the headaches and sell with no out of pocket costs to you, fill out our sell fast form at PDX Renovations.com