Tag Archives: oregon

Buying a home with less-than-perfect credit

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Buying a home with less-than-perfect credit

Just because your credit score isn’t ideal doesn’t mean you can’t finance a home. Consider these options:

  • The FHA offers affordable financing to first-time buyers and others with less than a 20 percent down payment. Those who qualify may pay as little as 3.5 percent down.
  • The VA, USDA and Navy Federal Credit Union are three government-related lenders that offer mortgages with as little as zero down. The VA serves veterans and family members; the USDA typically serves buyers in rural areas; and the Navy Federal Credit Union serves military personnel and their families, as well as some government employees.
  • A parent, other relative or friend (who has good credit and is willing to take on the responsibility) can co-sign your mortgage loan.
  • Some local and state agencies sponsor assistance programs. For more information, visit websites such as com and Neighbor Works . Org

 

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email- rachelsheller.com

View ALL available Houses on the market  on my website.

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

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How the new tax law affects home equity debt

If you’re considering getting a home equity loan or home equity line of credit (HELOC), make sure you understand how the tax rules have changed.

First of all, it’s important to clarify that acquisition debt is when money borrowed against your home is used to buy, build or improve a primary or secondary home. Home equity debt is when the money is used for something other than your home, such as paying student loans or funding a business.

Under previous tax laws, taxpayers could deduct interest on home equity debt – no matter what the money was used for – as long as the total mortgage debt was below $1 million, according to Realtor.com®.

The Tax Cuts and Jobs Act suspends this deduction unless the loan is used to “buy, build or substantially improve” a home, according to the IRS. Acquisition debt is still tax deductible, but the total debt limit was lowered from $1 million to $750,000.

Keep receipts from your home improvement projects and consult a tax professional to help you navigate your specific situation.

Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website.

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

Should you sell a home during the holidays?

Image result for christmas house

Traditionally, most sellers shy away from listing their homes in November or December. Some buyers, however, need to make a quick purchase before the end of the year due to a job transfer, estate settlement or other tax reasons. With very little competition in the marketplace, properties listed during the holiday season tend to sell more quickly and for a higher price.

If you’re worried about moving during the holidays, keep in mind that buyers often need to close by December 31, but they don’t necessarily need to take possession until January. That way both you and your buyers can enjoy one last holiday season in the old house before making the move.

Of course, the most pressing question is whether you should decorate your home for the holidays. Real estate professionals agree that homes show better with tasteful, festive decorations. Buyers can typically feel the warmth of the season and comfortably picture themselves living there. Be sensitive to different religions and use generic decorations that reflect a fall or winter theme.

Keep in mind the importance of curb appeal, and be sure there’s an attractive wreath on the front door to welcome buyers into their new home. Call me to learn more about selling during the Holidays and it’s benefits.

IT’S A GOOD LIFE!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,  Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!

Pricing your home in a seller’s market

Pricing in seller market Fall 2018

The current economy, market demand and human emotion all factor into setting the right asking price for your home. In a strong seller’s market, it’s tempting to overprice your property to see what kind of offers you receive. On the other hand, some sellers prefer to set a below-market asking price, hoping to spark an emotional bidding war among buyers.

Here are some points to consider:

  • Not all seller’s markets are created equal. Discuss your asking price with a local Realtor® in order to gain more knowledge about resale properties in your neighborhood or subdivision.
  • Curb appeal is still an important factor. Attracting prospective buyers who drive by the properties for sale in your area is key to enhancing the emotional appeal of your home. A spotless interior will never be seen if the exterior is not in tip-top condition.
  • Interior decorating increases buyer desire. Even though buyers know that the furnishings don’t stay with the home, attractive interiors make the sale. On average, professionally staged homes sell 88 percent faster and for 20 percent more than non-staged homes, according to data from the National Association of Realtors®.

For more information on pricing your home correctly and getting reedy to list please call, email, or text me anytime.

IT’S A GOOD LIFE!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,  Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!

Yummy Fall recipe for you

Novemebr recipie 2018

Enjoy!

Whether you’re buying or selling, I’m always ready to get cooking. With my preparation and attention to detail, I’ll get you the results you need.

IT’S A GOOD LIFE!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,  Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!

 

9 Ways homeowners can save on utility costs

  1. Wash full loads of dishes and clothes.
  2. Air-dry dishes, sheets and lightweight clothing, whenever possible.
  3. Use timers and motion sensors to turn lights off and on.
  4. Lower the temperature on your hot water heater to 120°
  5. Use weatherstripping and caulking around doors and windows to prevent drafts.
  6. Regularly replace HVAC filters, and have a licensed professional inspect your heating and cooling systems twice a year.
  7. Use spray foam insulation to seal gaps around pipes, chimneys, lights, windows, and brickwork.
  8. Invest in a programmable thermostat to conserve resources and money.
  9. As they burn out, replace incandescent bulbs with energy-efficient LEDs or CFLs.

In addition, contact your utility company and ask if they offer a free home energy audit. According to AmericaSaves.org, energy lost from a basement, unfinished room, attic, or garage can be an expensive waste of money. Sealing leaky ductwork can provide additional savings.

IT’S A GOOD LIFE!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,  Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!

To the suburbs and beyond …

portlandoregonmap-rev

While some people prefer to avoid the hustle and bustle of urban living, sometimes suburbs are not rural enough for their lifestyles. They want to live in the “exurbs,” which are farther outside the city than the suburbs.

Some home buyers are seeking several acres of usable land for extensive gardening with room for chickens, goats or horses. The exurbs are often preferred by people who work from home or want a second home or vacation property.

The larger lots in the exurbs allow for more privacy and less crime. However, few exurbs provide sidewalks or jogging trails. And there’s not a Starbucks on every corner. For more information on options for a Suburban move call, email, or test me to start the conversation.

IT’S A GOOD LIFE!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon. 

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES,  Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email-    homesforyou@frontier.com

View a current list of ALL available Houses on the market go to my website

Licensed in the State of Oregon

My business is referral based.
If you’ve enjoyed my service, please refer me!