PDX Renovations

Tag: Portland Homebuyers

  • The Ugly Truth About Renters…Rental Property headaches.

    Renters. The good, the bad, the ugly. You just never know what or who you are going to get. No possible report out there will tell you their entire history. Their personalities. Their impatience. Their deep cleaning habits or lack there of.  Their lack of respect for your house: The house you spent hundreds of thousands of dollars on and probably a lot of hard work as well.

    Let’s face it, the real estate market in the past ten years has taken us all for a ride. Up, down, up, down, like a roller coaster, it’s made millions of Americans nauseous and extremely cautious about what to do in the future. Many people think renting out their house while they contemplate their next move is the best solution.

    A few things to think about that go beyond the “normal” credit and background checks.

    • Kids. We love them, most of us have them, a few of them sometimes, but let’s  face it they reap havoc on walls, paint, trim, doors, yards, appliances  etc.
    • Pets.  One in three households owns a cat or a dog. That means one in three  potential renters is going to want to bring Fido or Whiskers into your  home, which even with an “pet deposit” to cover damages there can be scratching, accidents, fur and a lingering odor even after they move out.
    • Your  Sanity: Late night phone calls and texts, emails, tweets about what broke  and what they can’t live without. What needs fixing? NOW! When in reality,  we know as homeowners that the budget just doesn’t always work that way.      Sometimes it takes a month or two to get things repaired or replaced. Renters sometimes don’t understand this.
    • Yardwork:  Most rental agreements call for the  renter to keep up the yard, but really, how many renters really spend time  sprucing up a yard and planting trees, shrubs, etc in a home that they don’t  intend to live in forever. It just doesn’t happen, so yards suffer. Weeds take  over lawns and flower beds, shrubs become unruly.

    What’s considered normal wear and tear for an owner occupied home can be quadrupled in a rental just because most renters don’t care enough to treat a rental property with respect.

     

    Before renting and taking on a huge headache, look into all of the alternatives, which can include selling your home for cash, with zero out of pocket expenses, no repairs, we’ll even take care of the garbage!

     

    Fill out our sell fast form today and see what we can do for you!! https://patient-liger-dev.10web.site/how-we-buy/

     

     

  • The Benefits of Downsizing Your Home

    While bigger is usually better when it comes to your living space, there may come a time in life when you take stock of your home and utter the d-word: downsize. Perhaps it’s that spare room that you haven’t entered in a month that triggers your reaction. Maybe your kids have finally moved out, making the house seem cavernous in their absence. It could be that the hassle of cleaning and maintaining your home has become too much. Or, the expense of living in your current home may prompt a move to someplace more within your budget. Whatever the case, downsizing your home can save you money in a variety of ways – many of which may surprise you. Here are just a few.

    You have less stuff. As with any move, you take an inventory of your belongings, and invariably pare down things you no longer use or need. This simplifies your life, and when you move to a smaller dwelling, you have less space for those frivolous purchases that often end up doing nothing but occupying space.

    Closer quarters = closer family. In a smaller home, the inhabitants are invariably forced to make spend more time together, cooperate and make compromises on space, which fosters a greater sense of togetherness than a home with lots of space where family members can segregate themselves. Downsizing your home can actually bring you closer to your loved ones.

    More quality time. A smaller home means less upkeep and often spending less on utilities and a mortgage, which translates into more time and money to devote to leisure activities that enhance your quality of life, such as traveling and hobbies.

    To be sure, downsizing your home is a major life decision, and one sometimes prompted by circumstance. But it can be an opportunity to streamline your life and eliminate space and possessions you don’t necessarily need.

  • When Should Seniors Sell Their Home? – 5 Reasons Senior Citizens Houses Sell.

    When Should Seniors Sell Their Home?

    Are you a senior or know of a senior considering selling a home? Many seniors are indecisive about the topic, but more and more seniors are selling their homes.

    To help with the decision to sell or not to sell, this post reviews the top reasons seniors today choose to sell their homes and why it is a good decision. PDX Renovations can help! – we are real estate investors and have our own money to buy houses, unlike real estate agents.

    Older Adults & Senior’s Reasons For Selling Their Homes, Properties, Or Real Estate:

    1. Living on a Fixed Income

    You hear about it in the news daily—more and more retirees are finding it difficult to live on a fixed income. Social security benefits don’t cover monthly costs. Pensions are all but gone in America. Retirement savings incurred huge losses over recent years. It all adds up to a shortfall in covering monthly expenses. More and more seniors are selling their homes because they can cash out their equity, supplement their monthly income with the proceeds and live a much more comfortable lifestyle.

    2. Costs of Home Ownership

    seniors selling their home - WHEN SHOULD SENIORS SELL THEIR HOME

    Let’s face it; owning a home costs a lot of money. Mortgages are expensive and, with little monthly income, difficult, if not impossible, to refinance. Reverse mortgages don’t provide enough to close the monthly gap in income needs. Even without a mortgage, the costs of property tax and utilities alone add up. Seniors have realized that the romance of living in their lifelong home doesn’t hold the lustre it once did. By seniors selling their homes and downsizing, they reduce the costs of homeownership and add to their monthly cash flow.

    3. Maintenance and Repair

    Homes are constantly in need of maintenance and repair. Paint, landscaping, and fix-it jobs around the house adds up to more than pocket change. Then there are the big-ticket items that, after time, need attention. Roof replacements, HVAC replacements, garage doors, appliances, and water heaters are expensive these days. With fewer houses to worry about, seniors reduce their financial risks associated with home maintenance and repair and find it easier to live within their means.

    4. Physical Challenges

    All of the maintenance and repair items mentioned above can be physically taxing. Just cleaning a big house becomes more challenging with each passing year. Spending less time with physically demanding chores is another reason seniors opt to sell their homes and find a less demanding home environment.

    5. Living Alone

    Not only is all that square footage expensive to operate and maintain, it just doesn’t make much sense to many seniors anymore. An empty nest can feel pretty lonely at times. Many are opting to relocate to a community that offers opportunities for socializing with others in the community. Areas like Portland, Oregon, are full of optional living situations for retirees of all ages and all walks of life.

    Many Seniors Selling Their Homes Want To Set Aside The Stress & Hassle

    Some seniors don’t look forward to selling their homes just because of the hassle of listing them with a realtor, fixing the house up to get it ready to market, and countless interruptions for showings to prospective buyers.  Selling a home for cash avoids all those hassles. The house can be sold in “as is” condition, and it can be sold very quickly—no renovations, no showings, no commissions, and no waiting. The sooner seniors can cash out their equity, the sooner they can improve their lifestyle and start living comfortably.

    Are you a senior or know of a senior who is selling a home?

    When should seniors sell their homes? The answer will depend on a wide range of factors, some of which we have discussed above – if you are unsure, then give us a call for some no-obligation advice and an offer:  Call us at (503) 560-6620

    Do you have a piece of property (house, lot, or land) you’d like to sell fast?  Please fill out our Sell Fast Form and get a cash offer within one hour of viewing the property. 

    Seniors Selling Their Homes Can Be Helped By Us!

    We Are Not Real Estate Agents! – We Are Real Estate Investors!

    PDX Renovations are not a real estate agent. We buy houses for cash, and we buy with our own money.  So if you have issues with retirement planning, issues with property taxes, or are not confident in the housing market (or have no adult children to help) to achieve a successful home sale, you can turn to us to help!