Category: Uncategorized

  • Death and Taxes

    Death touches all at one time or another and the older we get, the more it seems to touch our lives. Loved ones growing older and passing on is just a part of life and it’s usually unexpected. What’s even more unexpected is how completely unprepared we all are for the event. Even though we are taught at a young age all about life and death and everything in between, we still forget (or put off) making those important decisions. How often do you think about it? When to make a will, when to talk to loved ones about your wishes. Well, the sooner the better. Statistics show that most Americans don’t have a will. Most people think only “Rich people” need wills. Well, the majority of Americans don’t fit into the “Rich” Category, but you still need to be prepared, especially if you own a home, have children or investments.

    Who wants to talk about death? No one. No one sits around one day and decides it’s time to get things in order. Mostly, we think of death when someone close to us passes and it’s a constant reminder that it can happen anytime. The best way to be prepared (although no one is truly prepared, are they) is to get things on paper. You don’t have to have a fancy attorney or estate planner even, but it’s always a good idea to get your ideas and plans on paper and tell a loved one. It’s an uncomfortable subject, but one that it’s for sure in life. Death and Taxes! Don’t let your loved ones have to deal with your unfinished business. Let them know where your bank statements are, your important papers, directives for your health care if you have one. Credit cards, taxes, etc. Get your death file together and it will help you breathe a little better for the future knowing that everyone will be taken care of. It’s not pleasant and it’s easy to put off until tomorrow, but it’s a very important responsibility that we all have.

    There are plenty of online resources for you and online forms, guides, etc to get your will started and your plans for a smoother departure from this earth will make the transition easier for your loved ones. They are already going to lose you someday, don’t let them lose their  homes or anything else as well. Make it easier on them by telling them what you want before it’s too late.

    “In this world nothing can be said to be certain, except death and taxes,” Ben Franklin

    If you have an inherited house and would like to speak to us about selling, contact us today at pdxrenovations.com

  • Out of State Rental

    So you bought a rental house, or two for an investment or decided to move out of state and instead of selling the home you once lived in, you decided to rent it out. Then you moved out of state, perhaps to retire or make a career change, at any rate you now have to worry about renters. Now you have out of state rentals.

    Owning an out of state rental property can be extremely costly. Sometimes travel is necessary, unless you pay a costly management company. As we all know, renters come and go and it’s difficult to find a good one who wants to rent for more than a year. 70% of renters don’t stay more than a year as they have goals and aspirations of their own, or perhaps they are just at a temporary job or not sure what the future holds for them, nevertheless, they won’t stay forever, which means you are constantly working. Working on a home you never plan to live in again. Is it really worth it? And if you moved away to “retire” and you still own that rental home elsewhere, you are still tied down. No one wants to be tied down while retired.

    Rentals also need constant repairs, yard-work, updating and TLC, which is another reason you will remain at your renter’s beck and call. Even a newer home can have problems and need maintenance upkeep.

    Traveling back and forth to your rental can be a drain on your bank account, along with time taken away from other things, like family, hobbies and fun travel. Some things to think about when thinking of selling your out of state rental home~~ you’ll save time and money and have peace of mind, along with cashing out that equity that you may need for more important things.

    If you live out of state and are thinking of selling, contact us today or fill out our sell fast form at https://patient-liger-dev.10web.site/sell-house-quickly/

  • Cash Buyer? who to trust?

     Cash Buyer? Who to trust?

           Just like with anything else you need to be careful of the bad guys. Not that they mean you harm, but when looking around for “cash buyers” for your home, you need to take precautions as not everyone is experienced and up front about everything. We  all know real estate is s tricky business. There are contracts, inspections, closing dates, escrow accounts, title reports, disclosures, addendums. Not everyone can be an expert.  Even if someone claims to be ‘Cash Buyers’ doesn’t necessarily mean they are experienced in buying and selling real estate. A number of things can go wrong and you aren’t careful, you might get stuck with the short end of the stick.

         A number of things to look at when considering a cash buyer.

     

    Experience: How long have they been doing this? Sure anyone with a stack of cash can get in the game, but money isn’t everything. Look for reviews, references, etc when doing your homework.

     

    Literature: How did they contact you? Do they have a legitimate website, phone number, business address? Are they well documented in the community. Can you find them online, on google, internet searches, etc.

     

    Great ratings: Check with the Better Business Bureau, the highest standard of reviews. Yelp is also a good one, but real testimonials from real past customers are your best line of defense in finding someone legitimate and a true professional.

     
    Personal interactions: You can tell a lot about a person just by first impressions and first meetings. Trust your instincts, but combine that with the power of research and use your best judgment. Sometimes if something’s too good to be true, it probably is. Take your time and do your homework and contact us for any questions or concerns. We are more than happy to answer questions and help in any way we can. We build our business based on a stellar reputation in the Portland Metro area.