Should Portland sellers accept a contingent offer? Portland sellers can accept a contingent offer — one where the buyer needs to sell their own home first — while keeping the property listed as “Bumpable” (BMP) on the RMLS. This allows you to continue showing and marketing your home and bump
A pre-listing inspection is a full home inspection — ordered by the seller — before the property goes live on RMLS. It isn’t required under Oregon law, but for most Portland sellers it’s one of the best $400 investments you’ll make before listing. It surfaces hidden problems before the buyer’s
What Happens After You Accept an Offer in Portland, Oregon? Once you accept an offer, the transaction enters escrow—a process that typically takes 30 to 45 days for financed purchases. During escrow: Most sellers receive their proceeds by wire transfer shortly after recording, typically within one business day. By Pascha
Do You Pay Capital Gains Tax When Selling Your Home in Portland? Many Portland homeowners pay little or no federal capital gains tax when selling their primary residence thanks to the federal home sale exclusion. If you meet the ownership and occupancy requirements, you may exclude: However, gains exceeding those
What Should Portland Sellers Do When the Appraisal Comes In Low? When a Portland home appraises below the accepted offer price, sellers generally have four options: In most cases, low appraisals can be resolved without losing the sale, but the right strategy depends on your contract terms, the buyer’s financial
What Are Oregon Sellers Required to Disclose When Selling a Home? Oregon law requires home sellers to complete the OREF 020 Seller’s Property Disclosure Statement before going under contract. The form includes more than 50 questions covering title issues, structural components, major systems, water and sewer, environmental hazards, seismic risks,
