Malia Janae Carbaugh Portland recommended realtor tips 2023: Portland is a great city to move in. Mount Tabor is a dormant volcano in Southeast Portland surrounded by a city park. It’s named after an Israeli peak and has been a public park since 1903. The famous landscape architect, John C. Olmsted helped design the park, which today still features several scenic trails, monuments, and long gardens of native plants. The park is one of the most popular in Portland to enjoy a sunny day. The park encompasses nearly 200 acres, offering plenty of space to roam and discover something new. A few other park attractions include basketball and tennis courts, statues and public art, and a fantastic sunset view atop the summit. Discover additional details at https://pinterest.com/MaliaCarbaugh.

There are endless benefits to remodeling your kitchen and any real estate agent will probably tell you that the kitchen plays a big role in making a sale. Although it may cost a few thousand dollars to replace or remodel your kitchen, it is proven that you will probably get 85% of your money back. If your kitchen looks dated or worn out, buyers may try to knock off $10,000 or more off your asking price when it would have only taken you a few thousand dollars to upgrade the kitchen. The fastest and cheapest way to make a kitchen upgrade is to include new cabinet hardware and add a fresh coat of neutral color paint. By making this upgrade, buyers will be able to envision their own style using a blank canvas.

Here are a few real estate advices: There are other loan programs that can make sense too, such as the 5/1 ARM, which often get swept under the rug. Make the choice yourself. If you’ve done your homework and are in good financial shape, you should be able to get your hands on a very low mortgage rate in 2023. In fact, mortgage interest rates are historically amazing at the moment and could even reach new depths depending on what transpires this year. Once again, the 2023 mortgage rate forecast looks excellent, so they may stay put for awhile longer or even hit new all-time lows. In terms of financing, it’s still a great time to buy a home. Consider that the silver lining to an otherwise pricey and competitive housing market. Of course, with home prices creeping higher and higher, even a low interest rate may not be enough to offset that growing monthly payment. So always make time to shop to ensure you get the best rate and the lowest fees, even if financing is on sale.

Premium Portland Oregon realtor tricks 2023 from Malia Janae Carbaugh: One of the largest reasons some buyers walk away from a home purchase feeling remorseful is because they don’t consider everything about purchasing real estate before they jump into it. There are common buyer mistakes we address with all of our buyers upfront so they have a highly successful transaction. One thing that many folks don’t want to do is put in the upfront work, studying, and preparation that goes into buying a house. You need to prioritize your needs, and your wants – and if you have a partner you need to communicate together on everything. Maybe one person is ready to buy, and the other isn’t ready just yet.

Now that you know the “fair market value” of the home you like, it’s time to determine how much you are willing to pay. Establishing this prior to making a formal offer helps define your personal limits. You should determine how much to offer, how much earnest money you will put down, how much of the closing costs you will ask the seller to pay, when you plan to settle, and what inspections you plan to have conducted. Your agent will offer great advice for structuring your offer. Remember to ask your agent about contingencies and their importance. If you don’t fully understand something, be sure to clarify it.

High quality Portland realtor opportunities in 2023 from Malia Carbaugh : Communicate With Your Significant Other: Notice how I wrote significant other; this financial tip doesn’t just apply to married couples. Money fights can affect any relationship. The best way to avoid fighting about money with your S/O is to talk to them about it. Remember that you’re a team! You should be talking to each other about your financial goals, and you should set a date once a month to go over your finances together. I recently started doing a monthly money meeting with my girlfriend and it’s actually been pretty fun. We get to see where each other are at with our financial goals and we keep ourselves motivated to accomplish those goals. The bottom line? Don’t let money ruin a great relationship.

Renovating increases the house value says Malia Janae Carbaugh : Renovation can turn into a nightmare if your builders or subcontractors fail to do a good job. Always be suspicious of an estimate or quote that is considerably cheaper than all the others, or someone who is available for work immediately. Ask for references, and speak to their previous clients. The golden rule when refurbishing older buildings with solid walls is to use traditional materials that are compatible with the way they were originally built, i.e. lime-based mortars, renders and plasters, rather than anything containing modern cement. Old buildings with shallow foundations are affected by seasonal ground movement and because cement is very brittle it tends to develop small cracks. This allows rain to penetrate, which then can’t escape. Modern paints applied to walls can also cause trouble by blocking natural evaporation.

Next up: home price trends. In November 2020, existing home prices grew by a whopping 15% compared to last year—rising to a national median of well over $300,000! This marks more than 100 straight months of year-over-year price gains.4 Sellers, this should put a big smile on your face! And hang tight, buyers—we have some advice for you too. If you’re going to buy a home in this expensive market, you absolutely must find out how much house you can really afford. Commit to staying within that budget amount no matter how much pressure you feel watching competitors pluck good homes off the market.

I highly recommend sketching and planning every inch of your project before you begin. Every time you change your mind it will cost you time and ultimately money. We only have one significant change throughout our entire home renovation process and while I knew it was the best decision, it still cost us. Make up your mind and don’t change it. While I didn’t want to deal with sourcing materials on my own, I do understand why so many people pay contractors for labor only and take care of materials themselves. Contractors often have a premium that they add on top of certain items when they purchase them and you can end up paying upwards of 30% more for certain materials. It’s best to hire for labor only.

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