PDX Renovations

Tag: cash for houses

  • Successful Cash House Buying

    Successful Cash House buying

     

    PDX Renovations has been buying houses, lots, and land in the Portland metro area for over 18 years.

    With this experience and staying power, it’s no wonder most people come to us first.

    Not only can we help with questions, but we can also lead you in the right direction that is best for you. Not every house we come across is a good fit for us to buy, but we are committed to being the best.

    Our reviews are stellar, and our success comes not just from the homes we buy but the people we help along the way.

    We have a great team of professionals that can help you find a good realtor, make contracting and home improvement decisions, or give you the “real” truth about how much you could sell your house for.

    We don’t just BUY houses for Cash. We consult with our clients and find out what’s best for them, and our reviews and repeat business reflect that.

    Whether you are tired of dealing with the headaches of renters or you’re just not in a situation to put money into your home to try to sell it on the market, we can be there for you.

    A few of the clients are elderly who need to get out from the high maintenance of the house they live in for health reasons, finances, or just because they want to live with less stress.

    There are hundreds of reasons people contact us every day, so even if you aren’t ready to sell today, give us a call and see what we can do for you.

  • 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.

     

     

     

  • New Year’s Resolutions you can keep

    Thinking ahead to the new year?

    It’s that time of year again to make a list and check it twice and then when Christmas is over, start your new year’s resolutions. It’s a great time to look back on the year, ponder our decisions, forgive ourselves for our mistakes and think about what we’d do differently in 2015.

    Most people’s first thought is to get rid of bad habits. Quit smoking, give ourselves a break from alcohol, junk food, Starbucks daily, carbs…whatever your vice is. Or the number one resolution, get in shape! Gym memberships soar in January due to New year’s resolutions. Every year millions of people decide it’s time to lose weight, get in a good workout routine, and start feeling great. 80% of those same people will cancel their memberships by March.

    So how about this year concentrating on getting out of debt. Paying off credit cards, car loans, and consolidating other debts. Again, it’s a new year’s resolution that millions of people make each January, yet many never follow through on.

    Here are some tips to stick to your new year’s resolutions and get yourself out of debt for good, because who wouldn’t want a new start to the new year?

    • Think small. Baby steps. Rome wasn’t built in a day, so make your goals attainable and you are much more likely to stay on track. Don’t say you are going to lose 50lbs in three months. Give yourself a reasonable amount of time. Or start really positively and retune your thoughts…how about just starting to work out. Doctors recommend 20minutes of good cardio just 4 times a week, so start small and you will see better results without the usual burnout.
    • Credit cards. Get your Credit in shape! Check your credit score online. There are plenty of sites now that will give you your score without a fee. Knowing your credit rating is important and this coming year, make it a goal to see that number rise. By making small changes in your spending habits, you can make a big difference. Pick which ones you want to pay off, make a good budget and stick to it. Cut up the ones you wish to pay off, cancel them even to avoid the yearly service charge and then you won’t be tempted to use them while paying them off.
    • If your goal is to quit smoking or drinking or using tobacco. Don’t go cold turkey on January first. Give yourself a chance to succeed. Make a goal of cutting back. Smoking one less cigarette a day can be hugely beneficial to your health. Or contact your doctor or pharmacist.  Check out the options. It’s hard to give up a bad habit and if you set yourself up for failure, you’ll just end up backsliding and guilt will build and you’ll be back in old habits before St. Patty’s day!
    • Finally, let’s talk downsizing! A new year can mean a new fresh start. Clean out the garage and all those closets. Get rid of the old and donate to the needy. I’m sure we all have that “closet” that stores things we haven’t used in years and now, (after the holidays with all those new gifts), is the perfect time to clean it out and donate. And if you do it before Jan. 1st, you can write off your donations on your taxes. An old adage to go by is if you haven’t used it in a year, then it’s time for it to go.

     

    So, are you holding onto a house that you no longer have a need for? Perhaps the kids left for college and it’s just the two of you milling around in all that space. Space that just costs you money to heat and clean and upkeep. Consider a fast “CASH” sale. Visit the rest of our website and see what we can do for you in 2015 to help you attain your New Year’s Resolutions! www.pdxrenovations.com