10 Things You Need to Know About Purchasing a Foreclosed Oregon Home

Purchasing a foreclosed home in Oregon is a great opportunity for families and investors alike who are looking for a good deal. However, the process is far from a simple affair. To get you started off on the right foot, let’s connect with some trusted industry sources and cover the 10 things you absolutely need to know if you’re in the Oregon market for a foreclosed home.

Leaky roofs, liens, and a variety of other factors play into the sale and acquisition of foreclosed and abandoned homes. Avoiding the numerous pitfalls that plague and hinder other buyers, as well as minimizing your risk, starts with a smart and educated take on the process.

Stepping away from the standard new home market and venturing into the world of foreclosed homes isn’t for the faint of heart. While there’s no arguing this point, that doesn’t mean that you should completely avoid this type of home purchase. As long as you can put the following tips and tactics to good use during your search for the perfect foreclosure opportunity, you’ll be well on your way to tapping into the underappreciated potential of this portion of the real estate market.

Buyer, Fixer upper, Real EstateJESSE CARROLLApril 20, 2020foreclosure, Buyers, Home BuyersComment

Fix and Flip or Buy and Hold: Which Strategy is Right for You?

As a real estate investor in Oregon, you have a choice: buy and hold a property or fix and flip it. The decision may not be as clear cut as you think.

When you decide to invest in Oregon real estate, you have to make the decision whether you want to renovate and resell a property (fix and flip) or want to become a landlord to offset your costs as you wait for the property to appreciate (buy and hold). Which decision is best for you depends on your goals, experience, and risk tolerance.

You have two options whenever you purchase a property as an Oregon real estate investment. You can renovate the property and try to resell it for a quick profit, or you can keep it for a longer period of time and convert it into a rental to offset the costs of ownership and maybe even create positive cash flow. Both options have upsides, but they also have drawbacks.

Buyer, Fixer upper, Real EstateJESSE CARROLLApril 20, 2020Buyers, Home BuyersComment

6 Dos and Don’ts of Basement Home Improvement

When you’re preparing your house for sale in Oregon, the basement is often overlooked when it comes to home staging. While rooms such as the living room and bedrooms take staging center stage, any smart buyer will want to explore all the rooms of your home – and that includes the basement. A clean and finished basement is an excellent addition to any home in Oregon, and can really add some zeros to your home’s market price tag. It’s clear that it’s in your best interests to get your basement up to speed with the rest of your home staging efforts, but where should you start? And what should you stay away from?

Three Home Projects That Will Get You Top Dollar For Your Oregon Home

Looking to make some upgrades to your home in Oregon? Consider your projects carefully so that you choose ones that will make the most of your time and money down the line.

Selling your Oregon home can be stressful as well as exciting. You want your home to sell quickly and for the maximum amount the market will bear. The best way achieve this is to make sure your home is clean and updated, and to select DIY projects that will build equity and not take away from what you already have invested in your home.

If you are considering a home renovation project, it might not be realistic to take on your entire home, but even just a few upgrades can lead to a much higher selling price for your property. In a competitive market, standing out from the other homes in your neighborhood is paramount. Below are three important projects to focus on before selling your home that are guaranteed to add that added dose of special sauce buyers are looking for.

5 Tips to Modernize Your Home’s Outdated Bathroom

How many times a day do you find yourself in your home’s bathroom? A home’s bathroom sees some heavy traffic, and any prospective buyer will want to take a look at what it has to offer them. That’s why it’s absolutely vital that you dress up your bathroom just as you would any other room of your house for a buyer visit – and dress it up the right way. An attractive bathroom needs modern style and amenities, and you can install them to really wow your buyers.

Oregon Fixers, 5 Things to Consider Before Committing to a “Fixer-Upper”

“Needs a little love,” “project home,” and “fixer-upper” are terms that pop up on listings around the country, aimed at enticing energetic and industrious home buyers who are looking for a unique and rewarding challenge. However, are you really up for the demands that come with this kind of home purchase? To answer this question – and address a variety of other concerns that come with fixer-uppers – let’s hear from some of the leading voices in the real estate industry.

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The concept of the fixer-upper is definitely appealing – as long as you know what you’re getting into before you sign on the dotted line. Unfortunately, too many new homeowners bite off a lot more than they can chew on this front and end up stuck in a bad real estate position. From poor planning to an inflated sense of ability regarding renovations, there’s plenty of issues that can derail this kind of project. However, after reading over these five important points, you’ll be able to move forward with confidence and certainty as you write the next great chapter of your home life.

Oregon Real Estate News And Tips

By Cascade REalty Solutions

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