Blog Stories Dream Home, Nightmare Transaction

Dream Home, Nightmare Transaction

By Aaron Hartman, March 19, 2018

I met Charlotte and Chris last summer.  A longtime client put us in contact- they were moving from out of state and were savvy buyers that needed an agent who spoke their same investment language even though they were looking for a home for their family.  I liked them both right away!

They flew into town for a couple of days and we toured a variety of properties all over Portland, geeking out on architecture and the possibilities of each one the whole time.  I was in heaven!  I would spend my free time walking homes and dreaming about the possibilities if I didn’t do this for a living already so meeting people with similar passions is always fun for me.

By the time they left town they had fallen in love with an old farmhouse on a couple of acres that was badly in need of restoration.  We went under contract on the farmhouse at a great price but things fell apart during inspections.   I could tell that Chris and Charlotte were bummed out.  Several trips into town and many, many toured houses later we stumbled on a beautiful 26 acre estate with a home that needed a lot of work out in Troutdale.  It was the opposite side of town than we’d been looking in but there was no denying that this piece of property was something special.

The home had been owned by only one family in the past and was now being sold as an estate and in disrepair.  During inspections we discovered a ton of items that needed attention and the average buyer would probably have been scared away.  Not Chris and Charlotte, though!  They were willing to stick through everything that came up!  We negotiated a hefty price reduction and made it to closing despite a series of hurdles that kept popping up all the way to the end (and I mean allll the hurdles- there were a ton).

Every once in awhile there’s a transaction where just about everything that can go wrong does go wrong and this property was that transaction for us.  However, we were blessed with great people in all roles: from the list agent to the seller to my wonderful buyers.  We all were able to stay reasonable and fair no matter what came up and we made it through!  I am beyond thrilled that I was able to help my clients purchase their dream property.  The end result was worth everything!

 

Original asking price: 699k

Final purchase price: 650k

Call Kim at 503-438-5101 for help finding your own dream home!

Aaron Hartman

Broker

he/him/his

Aaron Hartman is a long-time Portlander with a deep understanding of the neighborhoods and architecture that make this town such a special place to live. Whether he's helping you locate your dream house or helping you sell the one you already own, Aaron's knowledge, energy and laser-like attention to detail will make your real estate process make sense. Aaron has been involved in the Northwest independent music community for nearly two decades. He has traveled all over the place and always looks forward to coming home to the best city to live in Portland, Oregon.
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  • T: 503-662-7072
  • F: 503-961-8224
  • aaron@livingroomre.com

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