Portland Real Estate

The March Edition

Happy St. Patrick's Day!

Friends, good news: Spring officially arrives next week, which means it's time to air out, clean up, and check off our spring maintenance list - and get our yards ready for summer entertaining!

1. Portland Eats: There's still time to enjoy Portland Dining Month! Try a few new-to-you spots and be sure to make your reservations at participating restaurants using OpenTable to support Oregon Food Bank. (We think it's the perfect way to reward yourself after a conquering the below lists and projects.)

2. Spring Clean: we know some people love spring cleaning; and others, well, not so much. To help make the process easier, here are some great articles to bookmark for future reference: cleaning and organizing closets and storage spaces, how to price used furniture, and a spring cleaning checklist for your home.

3. Spring Maintenance: it's time to roll up your sleeves and get through the seasonal home maintenance checklist. It's a great time to change your home's air filters, check your roof, and - grab your work-gloves! - clean the gutters. 

4. Homes for Sale: The market is starting to heat up with inventory. Thinking about selling or buying in 2018 or 2019? Give us a call. We're here to help whether it's sorting out a short or long-term timeline to meet your homeownership goals.

And speaking of help, that leads us to... 

5. Are you a Facebook user? We are too - and we just created a special Facebook Group for our friends! We'd love for you to join us for weekly insights from Claire and the PGR team, via videos and articles, as they share their experiences in and around the Portland-area real estate market. (And yes, please answer those anti-bot questions to join!)

If you're thinking about buying a home or investment property, please let us know!
We're always excited to help people set and reach their real estate goals.

follow us on
facebook // instagram // pinterest // twitter



Did You Buy a Home in 2017?

Did you buy a home in 2017? If so, congratulations! One of the perks of home-ownership: you’ll have several great tax deductions this year! You may be able to write off portions of your mortgage payment, your interest, insurance, property taxes, and mortgage insurance, to name a few.

If you bought a home with a Paris Group Realty agent in 2017, we recently sent you a final settlement statement for your real estate transactions from the year. You, or your accountant, can use this to document deductions - and lower your tax burden! If you have questions about your deductions or if you have not received your letter yet, please reach out to us. We're always happy to help!

Wish to better understand home-related tax deductions? Here are a few articles worth referencing as you prepare taxes:

Want someone to double-check the boxes? I’m happy to recommend several great accountants who can help you maximize your tax deductions this year. 

As a reminder taxes are due on Tuesday, April 17, 2018. Good luck!

If you're thinking about buying a home or investment property, please let us know!
We're always excited to help people set and reach their real estate goals.

Planning to buy your first home in 2018 or 2019? Come to our First Time
Homebuyers Session on Thursday, 3/1/18. Click for details & RSVP today!

follow us on
facebook // instagram // pinterest // twitter

The February Edition

February is finally here! To celebrate, we're heading into off to our neighborhood's Winter Lights Festival celebrations tonight. Here's what else we're looking forward to this month.

1. Tax Prep: maybe not much look forward to, but worth getting ready for instead of scrambling in March or early April. If you bought a home in 2017, don't forget to review what deductions you may be eligible for when filing. If you bought a home through us, you should receive a letter soon with tax information. (Quick reminder: the Tax Bill recently passed does not affect 2017 taxes.)

2. Mid-Winter Getaway: while escaping to a sunny tropical location may not quite be in the books, a weekend escape always feels good this time of year. We think a visit to the Coast or Willamette's Wine Valley is in order for a change of scenery.

3. Super Bowl: Ok... truth be told, we're looking forward to gathering with friends, the food, and the commercials. Here are two recipes you can easily whip up regardless if you're hosting or need to bring a something to share this Sunday. These Crispy Chickpeas remind us the ones at Oven & Shaker, with a generous serving of salt flakes and rosemary; a delicious Salsa Verde Queso (don't forget the chips!); or if those don't float your boat, here are 50 more ideas.

4. Save the Date for our First Time Homebuyers Session! Our team will be hosting a session on Thursday, March 1, from 5:30- 7p, to review the home buying process here in Portland, tips to get ready loan applications, and how we work alongside our clients to help them find the right home for their lifestyle. Please RSVP so we can save you a seat!


follow us on
facebook // instagram // pinterest // twitter

Portland's Home Energy Score

You may have heard single-family homes for sale within the City of Portland are now required to include a home energy score in their listings.

To answer a common question: this doesn’t replace a home inspection, which the buyer pays for, prior to purchasing a home. The home energy score audit, paid by the seller, needs to be conducted prior to listing a home for sale.

Why? Per the City of Portland's website:

Home energy scores are a market-based solution for conveying previously unknown but critical information to both buyers and sellers of homes. When homeowners invest in improving the energy efficiency of their homes, those costs may be recouped as scores translate into a value that can be recognized by the market. A recent analysis that included over 20 studies worldwide of homes with green certifications demonstrated that green-certified homes sell for up to four percent higher than a comparable home.

Beyond lower energy bills and greater housing affordability, energy-efficient homes are more comfortable and livable. The indoor air quality of these homes is better, leading to healthier lives. Home energy scores afford consumers a measure of protection when making one of the biggest financial investments most people ever make. [more below]

Benefits for Owners
- Information on money-saving home improvements.

Benefits for Buyers
- Better insight into the full costs of owning or renting a home.
- Ability to compare energy costs and performance between homes.
- Knowledge of potential home improvements in advance of purchase.
- Access to additional mortgage products.

Benefits for Sellers
- Recoup investments in energy efficiency upgrades at time of sale.

Have questions? Not to worry, we're here to help answer questions and help you understand these changes - and benefits - regardless if you're a currently a homeowner thinking about remodeling, looking to buy, or thinking about selling.


follow us on
facebook // instagram // pinterest // twitter

Open House: December 17

Between decking the halls and singing "fa-la-la," join us for an open house on Sunday, 12/17, from 1-3p, at this 3-bedroom, 2-bathroom mid-century ranch in Milwaukie. (BTW: we're going on the record to say the front doors are pretty amazing.) Listed at $350k.


Can't make it? Give us a call to schedule a walk-thru.

follow us on
facebook // instagram // pinterest // twitter

Open House: December 2-3

Join us this weekend for our open house in Portland's highly-desirable St. Johns!

From 12-2p this Saturday (12/2) and 1-3p on Sunday (12/3), come see this 3-bedroom, 1-bathroom near-by the heart of St. Johns. Thanks to bright picture windows and gorgeous hardwood floors, the open living and dining room fills with light. The remodeled kitchen, with a pantry, makes getting ready for gatherings a snap. A large backyard and multiple patios will be perfect for entertaining and relaxing throughout the warmer months. Listed at: $350k

Can't make it? Give us a call to schedule a walk-thru.

follow us on
facebook // instagram // pinterest // twitter

Real Estate 101: Home Inspections

Today we're interviewing Jay Hensleigh of Associated Master Inspectors, a home inspection firm based in Tigard, OR. Jay has been an inspector since 2006 in the Portland area. We asked him to share his insights about home inspections, what buyers and sellers can expect from an inspector, and what sellers should have ready if they remodeled their home. 

1) Can you please describe what a typical day looks like for you?
My work day consists of either one or two inspections. For a typical home inspection, I’m onsite for about 4 hours, looking at the home and talking to the client and realtors. When you add in travel time to and from the office or between successive jobs, it can make for a very full day. 

After the inspection(s), I spend an additional 2-3 hours in the office to compile my inspection findings and photos, research any unique issues discovered at the home, and review and finalize the report. Given these time investments, I find it’s logistically impossible to do more than two inspections a day. When I do have two inspections in one day, I make sure to reserve time the next morning to complete the reports.

2) What is your process for inspecting a house?
In Oregon, home inspectors are required to follow and meet tightly defined rules known as the Oregon Standards for Home Inspection, which define the extent, limits, and requirement of an inspection. Within these standards, my process of performing an inspection is primarily a visual process of discovery, essentially starting at one end of the home (roof) and finishing at the other end (the crawlspace). I carry a collection of tools to help me inspect the home, including ladders, flashlights, screwdrivers, probing tools, moisture meter, various electrical testers, and a pick-hammer.

To document issues I discover, I carry a digital camera and also have my laptop on a portable stand to enter information as I move around the property. Some areas may be fully inaccessible for various reasons or my view of various areas of components may be limited by furnishings, stored items, or appliances, and these limitations are noted in the report.

I encourage my clients to attend the inspection, but to arrive towards the end of it. This allows me time to fully focus on the home. Toward the end, I meet with my client and their realtor to review my findings so everyone is aware of the more serious issues present at the home. Sometimes we walk around the home and look at any areas the client wants to see. As we wrap on onsite, payment is usually collected from the client, and I let them know when they can expect the report.

3) If a homeowner is planning a home remodel, what should they take into consideration if they decide to sell their home in the future?
The three most important considerations are permits, permits, and permits. Did I mention permits?

In today’s world, making sure you obtain permits for renovations or repairs when required is very important. If you choose to do work without permits, it’s very likely it will come up when you go to sell the house. Most buyers will ask for permits to be obtained. Obtaining permits retroactively can be very expensive and time consuming. In worse-case scenarios, you may be required to open up walls to expose work for inspection or could even be required to demolish additions.

4) What’s one tip you can share with sellers?
How about three? First, make sure all utilities are on. Having the water, power, or gas shut-off severely limits the inspection and almost always requires a second inspection visit that often results in added inspection fees and almost always delays.

Second, making sure attics, crawlspaces, furnaces, water heaters, and electrical panels are not blocked by stored items, furniture or appliances also ensures a complete inspection without delays.

And finally, please plan to be away from the home during the inspection. Your presence can slow down the inspection process and makes it difficult for your buyer to learn about your home without some sense of unease.

5) What’s one tip you can share with buyers?
Homes are a complex compilation of materials, systems, and components. Over time, materials weather, systems age, and components wear out. As a home inspector, my primary job is to alert you to health and safety issues, structural problems, and conditions that may lead to safety and structural issues, but keep in mind that the inspection is a snapshot in time. Conditions in and around the home can and do change over time. You can be your home's best ally by consistently performing seasonal and annual maintenance, and monitoring your home to catch and resolve any conditions that may lead to significant damage.

6) BONUS Q: What drew you to home inspection?
The first time I saw a home inspector in action was 1995 when I bought my first home. At the time, I was well established in a career path as a fishery biologist, but I was intrigued as I followed the inspector around the house, and later as I read the report.

Seven years later my career transition, I started working as a handyman for a property management company, which led to construction work for a local developer, which led to getting my contractor's license. While construction work was fun and rewarding, I wanted a more flexible and independent schedule, with more variety in my work tasks. I also wanted more interaction with clients. Home inspection seemed like it would meet these needs and would allow me to use the skills, knowledge, and experience I had built-up as a contractor and as a biologist. It took a little more training and testing, but soon I was working as a home inspector. I have found that indeed, it’s a great fit for me. The joy of the job is the mix of technical expertise required, camera and computer work, seeing all kinds of houses, and of course, meeting people as they proceed with the exciting, and stressful, process of buying a home.

Thanks Jay for taking the time to share your insights with us and our readers!

Follow Associated Master Inspectors on Facebook.

follow us on
facebook // instagram // pinterest // twitter

Open Houses: November 4-5, 2017

We have some great open houses happening this weekend throughout the greater Portland area. Hope you can join us! Have questions about the homes below - or one you recently spied while out and about? Give us a call! 

Saturday, 11/4:

From 10a-12p on Saturday, at 11132 NE Morris St, Portland, this 3-bedroom, 2-bathroom, home with a huge yard is perfect for a first-time home buyer or someone looking to dive into investment properties. A little love and a handful of updates will make this home shine. Listing price: $250k.

New Listing! On Saturday, from 12-1:30p, at 245 W Hereford S, Gladstone, a 4-bedroom, 2-bathroom Tudor home with an incredible layout, backyard, and 2-car garage. Link coming soon; call us for details. Listing price: $400k.  

From 1-3p on Saturday, at 1827 SE Regner Rd, Gresham, a 3-bedroom, 1.1-bathroom, ranch home with a private yard and recent updates, including a new water heater. NEW listing price: $250k.

Sunday, 11/5:

New Listing! From 1-2p on Sunday, at 11389 SE 35th Ave, Milwaukie, this 2-bedroom, 1-bathroom sweet bungalow with remodeled kitchen and large private yard with deck. Listing price: $300k.

From 1-3p on Sunday, at 3746 SE Washington St, Portland, an incredible 3-bedroom, 1-bathroom classic craftsman home a block away from Laurelhurst Park and nearby Belmont's restuarant scene. Listing price: $525k.

Can't make it during the above times and wish to schedule a walk-thru? Give us a call!

follow us on
facebook // instagram // pinterest // twitter

Open Houses: October 29, 2017

We're hosting a few open houses this weekend! 

This Sunday, 10/29, from 1-3p, an amazing three-bedroom, one-bathroom home in the Sunnyside neighborhood, near Laurelhurst Park. Listing price: $525k. (Listing link coming soon; visit our Facebook page or call us for details!)

Also this Sunday, 1-3p, this charming two-bedroom, two-bathroom Southeast Portland bungalow with a deck and backyard ideal for entertaining. Listing price: $400k

And last, but not least, a two-bedroom, two-bathroom home in Northeast Portland, with a large backyard. Listing price: $250k.

Hope you can join us! Questions about these homes? Wish to schedule a walk-thru? Give us a call!

follow us on
facebook // instagram // pinterest // twitter

Open Houses: October 21-22, 2017

We're hosting two open houses this weekend! 

On Saturday, 10/21, 10a - 12p, & Sunday, 10/22, 1-2p, a two-bedroom, two-bathroom Southeast Portland bungalow. Listing price: $400k

On Sunday, 10/22, 3:30 - 5:30p, we're showing a 3-bedroom, 2-bathroom ranch in Gresham. NEW listing price: $299k.


Hope you can join us! Questions about either home? Wish to schedule a walk-thru? Give us a call!

follow us on
facebook // instagram // pinterest // twitter