SOLD BY SALGADO
 

 

Buy a Home

Let Me Make Finding a Great Home in Portland Easier

 
francisco-salgado_portland-oregon_real-estate-agent-broker-realtor_portland-digs.jpg

Configure Your Dream Home Just the Way You’d Like it

See What’s Available in the PDX metro area today!

Better than Zillow and Redfin. Set up your account here and you won’t be called by a bunch of random agents. You are in charge of how often you want property alerts. I’m just here to help make your home search easier.
Francisco

Explore Homes For Sale in the Portland, Oregon Metro Area

You know it’s rainy but you love it anyway!

 
 
Francisco just helped us accomplish what we thought was impossible in this crazy housing market: Find a house we adore, that we can afford, in an area we like and within a short time frame. He was so responsive, motivated and resourceful! We highly recommend his services to anyone who wants to “dig where they live!
Savannah R.
 
francisco-salgado-best_real-estate-agent-portland-oregon_.jpg

Let me help you find your perfect home.

Searching homes for sale IN THE COVETED PORTLAND AREA is a serious and exciting venture - Finding the perfect one takes focus.

Finding a top real estate agent–that really listens to you–when searching for homes for sale can make the difference between a ho-hum transaction and a memorable experience.

I take the process of buying a home both seriously and also with great imagination. Not only do I use technology for thorough MLS searches but I know my Portland community well, having made it my home for over 25 years.

So whether you want a fixer-upper or a new build, great schools, an established or an up-and-coming neighborhood in Portland, I will make it my number one priority to help you find the right home.

My years of renovating houses will give you insight into possibilities. As a visual artist I am able to envision opportunities for enhancing any home to better fit your desires. Once we find a home you love, I will work with you to negotiate the optimal package that preserves your interests and catches the home seller's interests. Each step of the way you'll have a friend and partner in the process.

Relocating to Portland?

I CAN HELP WITH MOVES FROM OUTSIDE THE AREA

As a relocation specialist I can make sure a transplanted buyer finds the right home, in the perfect neighborhood and all the family members understand the process and feel included. For Spanish-speakers I am a perfect fit as a relocation specialist.

We are BUYING.

What will you, as our AGENT, do for us?

As your local Portland Realtor® I will find properties that match your wish list, criteria and preferences. Once you find a property you are interested in, I will prepare the offer, negotiate with the seller's broker, schedules inspections and follows your transaction through to the moment I give you your keys upon closing.

I’ll prepare a strong offer that presents you in the best light based on market demands and your interest in the property. From before you sign your first contract, I will review your documents for loopholes, obtain disclosures and advocate for repairs and/or price reductions if needed. I'll also be a buffer between you and the seller's broker making sure all negotiations are transparent.

See what first-time home buyers Chris and Noelle have to say about working with me. We found and closed on a property within two weeks.
— Francisco
gray_v4.jpg
 

< return to resources

Top Tips for Buying a Home

With all the things you have to take into consideration, buying a home can be stressful. But it doesn't have to be!

Here are five tips I've compiled from working with home buyers over the years.

1. Get pre-approved. Know ahead of time how large a loan you qualify for and therefore what your price range is. Including a copy of your pre-approval letter (not just your pre-qualification letter) with your offer makes it your offer more qualified and competitive.

2. Don't outspend what a home is worth. Likewise, don't outspend your own budget! You don't want to get caught up in the emotional process of buying a house only to find out later you overpaid and can't sell it for the same price. If you're looking in a specific area because of transportation options or schools and find yourself priced out, try looking in nearby neighborhoods that still fall within your desired boundaries. This is a great technique to expand your options.

3. Be wary of new construction. Just because a house is new, doesn't mean it's well built! Do your due diligence and make sure you'll be getting what you pay for. Don't overlook cheap materials or sloppy work. I’ll recommend an independent inspector to help you assess any houses before purchasing.

When you are ready to start your search for the perfect home let me help you every step of the way.
Francisco

4. Weigh fixer uppers against ready-to-move-in houses. There are advantages and disadvantages to both. Check out this article for some good things to compare and contrast.

5. Be flexible to the seller's requests. Offering to make the closing process easier for the seller could give you an advantage when there are multiple interested buyers. Find out if fewer contingencies, a faster settlement, or something else would be helpful for the seller, and then proactively offer it as a gesture of goodwill.

Sources: Bankrate

 
gray_v4.jpg

< return to resources

Tips on Getting Preapproved for a Loan

Buying a new home is exciting, and I'm looking forward to helping you in the process! Before you start looking seriously, it's helpful to contact a lender and get preapproved for any loans you may need. This way, you'll know from the start what your budget is.

Why is it helpful to get pre-approved?

Getting preapproved is useful for a couple of reasons, including

  • knowing your credit and being aware of any potential issues that could conflict with your home buying process

  • knowing your maximum spending ability vs. your ideal spending budget

  • already having your preapproval letter on hand when sellers ask for it as proof of financing ability

What is the difference between prequalification and preapproval?

A prequalification is simply an estimate of how much you can afford to spend. A preapproval is an actual loan amount you have been approved to receive from a lender, meaning you can show the seller you've been vetted and approved for that money. (A small caveat: You're not formally guaranteed the money until your final loan approval, which comes after the property appraisal for the property you're buying, but the pre-approval amount and the final loan approval amount are generally very close if not the same. Ask your lender if you have questions or concerns here.)

What do you need to get pre-approved?

  1. Proof of income to prove you can pay an ongoing mortgage

  2. Proof of assets to prove you can handle the downpayment and closing costs for the property

  3. Good credit so you'll be approved for a larger loan or a loan with a lower interest rate

  4. Documentation, such as your social security card, to run your credit report

  5. Employment verification to prove you have a steady inbound cash flow to pay off your loans

Source: Investopedia (http://bit.ly/2j89qZ2)

Different lenders will approve you for different loan amounts, so it's important to shop around before committing to a particular lender. Please let me know if you need a few recommendations to start out with. I've worked with a number of lenders over the years and have several that I know and trust.

As always, I am here to help with anything you need. I know the buying process can be complex, so please contact me with any questions you have. I am always a phone call or email away! I look forward to helping you find the perfect home in the near future.