Profile picture for Bev Blume

Bev Blume

Premier AgentTeam

70 Recent Sales (last 12 months)

Oregon & Washington Licensed Broker

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Short-Sale

Advice

  • (8 Contributions,
  • 1 Best Answers,
  • 2 Helpful)

Contributions are sorted newest to oldest.

will cpvc pipe be ok in running for hot water have to relace the gav pipe

Answer

CPVC is designed for hot and cold water.  Pex or Wirsbo would be even better options, but would require special tools and fittings.  After copper, CPVC was pretty standard in new construction and still it, but also rivaled with Pex or Wirsbo.....  Just don't use regular PVC pipe for hot water.........

  (0)
Why is it so hard to find a good agent here?

Best Answer

I hear that question all the time.  Every company and agent has a different business plan or model.  Some agents are primarily listing agents and carry big teams to accomplish that goal. They spend a lot of money marketing, have a lot of signs in the area and give the impression they are doing most of the business! Ask you friends for their recommendations, and interview agents on sites like this..... where you can read the feedback.... then interview more than 1.  You don't have to hire the first agent you meet.  It is a job interview. Hire the one that you believe has your best interest at heart and that you feel you can trust!  

  (0)
who does one time close construction loans in Colorado?

Answer

Great question. I am glad to see that this construction type of loan is making its way back!  If its a true one time close..... it also means its a construction-perm loan.  What this is if you are building a new home, you would be in contract with a builder or contractor and YOU are carrying the financing.  You have negotiated the price and the loan amount...Loan fees and closing costs are always associated with loans.  If you are taking out a construction loan, you are taking care of those fees and costs up front with "That" loan   When the project is completed, the lender reviews the file, makes sure all the sub contractors are paid etc and then can convert the loan to permanent financing or a 15 or 30 year fixed loan at no extra cost.  Essentially you are getting 1 loan to complete 2 parts.  It should save you money in the long run.

  (0)
When doing a short sale can u set your own price or who sets it

Answer

Your agent sets the price and then the market helps by the showing traffic and ultimately an offer. Once an offer is received, then its in the banks hands.The offer is packaged up and sent to the banks negotiator for review.  At that time the bank will order an appraisal or a BPO (Brokers price opinion), when that information is returned, the bank will formulate the numbers they need in order to settle, and either accept the offer or counter it.  In some cases ... the bank will pre approve the file for short sale and set the price...... that depends on what government program the seller might fit into at the time....

  (0)
we are selling our house on our own, would it be wise to cosult an attorney?

Answer

If you plan to hire an attorney, plan to hire a real estate attorney.  You want your interest protected. Especially related to timelines and contingencies. Now, if you are trying a For Sale By Owner, be sure to offer the listing to a Buyers agent and pay the standard rate for your area.  Here's the flipside of that, buyers agents are savvy! The number one goal is to get the best deal and terms for their client...... If you don't understand all the ins and outs of how a transaction works or your homes value, it can get very frustrating.If you are planning to hire an attorney, you may want to consider hiring a listing agent to guide you through... you may end up spending the same amount of money in the end.

  (0)
Buying my neighbor's house?

Response

Please seek the advice of an attorney and a real estate professional.  In 2010 70% of people that were foreclosed on never sought options!  70% !!! There is help out there.However, unless there are comparable sales in the area for $50k, ....... I don't think you'll be buying it for that.  The banks sell short sale property and REO property generally just under traditional value. Oh and be sure to talk to more than 1 real estate professional. There are so many different levels of experience out there!

  (0)
CASH buyer but cant make deal on any home I try to buy, sellers only looking for a number

Response

Every listing has its own story.  Its own motivation, etc.Here in the Portland market, we are so close to the bottom, it isn't even funny.  Cash investors or buyers can expect some discount, but really not the $30-40k or more they may be expecting. This is a market of good deals, but at the end of the day, it's net to the seller that counts.   Of course if there is little or no showing activity, or financing issues with the property, then your chances just went up.

  (0)