Tigard Oregon Real Estate >> Wayne B. Pruner, GRI

No Personal Guarantee Needed

In many cases, no personal guarantee is needed when signing a commercial lease in the present economic climate. It's just a matter of firm and sound negotiating techniques. Commercial real estate sales and leasing activity in most areas is just as bad, or worse, as the residential real estate market.

Most commercial Landlords are experiencing high vacancy rates and when they have a prospective Lessee they are willing to make concessions, including waiving the personal guarantee. Lessee's with the financial ability and courage to move forward in the current economic climate are hard to find. Landlords are willing to compromise to get any rent out of vacant properties.

Recently I talk with 2 small business owners, (who were not clients of mine), that had rented office space. Neither one had to sign a personal guarantee. They both told the Landlord that if a personal guarantee was needed, they would go elsewhere. Both Landlords readily tore up them up.

This is a Lessee's market. Push hard for concessions, including no personal guarantee.

Wayne B. Pruner is a Realtor® at Oregon First, who works in the Portland and Tigard, Oregon area. He is ready to help you with all your real estate needs and he is also a licensed contractor. His phone number is 503-891-0795. Here are links to his real estate website and his real estate blog.

Landlords Must Follow New Oregon Laws

I am a Landlord so it is wise for me to keep abreast of laws that can affect my investments. I will offer a summary of these laws, as I understand them. Further investigation is required on your part.

Starting Jan. 1, 2010 Landlords must disclose their smoking policy in writing.

HB 2393 doubles the fees Sheriffs can collect for performing legal duties.

SB 777 creates a 60 day no-clause notice for terminating a tenancy. Ouch!

There are new laws governing abandoned property.

A Landlord may not charge a pet deposit for a service animal or charge a cleaning fee.

I have only touched on the residential laws that affect me directly. There are several more bills that affect other types of real estate.

Oregon laws heavily favor the Tenant. It's essential to know what is new.

Wayne B. Pruner is a Realtor® at Oregon First, who works in the Portland and Tigard, Oregon area. He is ready to help you with all your real estate needs and he is also a licensed contractor. His phone number is 503-891-0795. Here are links to his real estate website and his real estate blog.

Personal property can help a house sell faster.

The Seller of this home is obviously a well-heeled, astute, serious seller. I am in a quandry on what to do if my buyer wants this egg-carton collection. How do I come up with a value for this collection that does not insult the Seller and have him reject our offer, and still be fair for my client? What is the current market value of this collection? I have not seen anything as unique as this on Antiques Road Show and a Google search of "egg-carton appraisers" turned up nothing. I hope this home does not sell before I get this figured out!

To see other things that really help a house sell faster, read Refrigerator Magnets are Toxic.

Wayne B. Pruner is a Realtor® at Oregon First, who works in the Portland and Tigard, Oregon area. He is ready to help you with all your real estate needs and he is also a licensed contractor. His phone number is 503-891-0795. Here are links to his real estate website and his real estate blog.

Tigard Farmers Market: Produce to Die For

The Tigard Farmers Market is located at Young's Funeral Home in the parking lot at 11831 SW Pacific Hwy., The Market runs through Oct. 26, 2008 and is held every Sunday from 9AM to 2PM. This is a temporary location until the permanent one is built in downtown Tigard.

In addition to fabulous produce, there are beautiful flower arrangements, craft and food booths, and live entertainment. One thing that pictures cannot capture are the fragrant smells that envelope the Market. Support your local small business owners. Small bills and change are always appreciated and remember to bring your reusable grocery bag.

Wayne B. Pruner is a Realtor® at Oregon First, who works in the Portland and Tigard, Oregon area. He is ready to help you with all your real estate needs and he is also a licensed contractor. His phone number is 503-891-0795. Here are links to his real estate website and his real estate blog.

Refrigerator Magnets are Toxic

Refrigerator magnets are a sign of just how serious you are about selling your home. If you are going to sell your home, you have to accept that your daily routine is going to be interrupted for the foreseeable future. It cannot be avoided. You will have to keep the house clean all the time and may have to leave your home when buyers come through. If you cannot even make the effort to clean off your refrigerator, do not whine to your agent about the lack of offers.

If your home is not getting very many showing, it could be because your showing instructions may not be buyer friendly.

Wayne B. Pruner is a Realtor® at Oregon First, who works in the Portland and Tigard, Oregon area. He is ready to help you with all your real estate needs. His phone number is 503-891-0795. Here are links to his real estate website and his real estate blog. Wayne is also a licensed contractor.