Join our FREE Investing in Real Estate Class Sign Me Up
Select Page

Vacation Homes in Oregon

by | Aug 19, 2012 | How to Guides, Uncategorized

With the real estate market looking better in Portland, we look outside of town to talk with our real estate expert Nick Krautter of Keller Williams realty and about the ins and outs of vacation homes.

Q. What’s your first piece of advice for someone thinking of a vacation home?

A. Make sure you have a place you want to visit often, if not just buy a rental in town and use the profits to rent or stay at hotels.

Q. Is it harder to get a loan for a vacation home?

A. Typically these are treated the same as owner occupied but you won’t get an FHA or VA loan for a vacation home. Expect the same rate or just a bit higher depending on credit scores.

Q. Why is now a great time to buy vacation homes?

A. The interest rates are still low and vacation areas have yet to see prices go back up so the monthly cost to own is very low.


Learning Center:

Advice, Opinions, and Market Reports about the Oregon and Washington Real Estate Market

Portland Luxury Condo Market Analysis

  2020 was a rough year with the pandemic, social unrest, and the closure of many restaurants and retail businesses. Nowhere was the impact more acute than in downtown urban areas across the country. Read the full  luxury condo report here to view the pre and post...

How To Buy & Sell at the Same Time

  How to buy a home when you already own a home: Have you been dreaming of your next home, but you’re not sure what to do with your current home? You’ve heard that it’s a sellers market, but what does that mean if you also need to buy?  There are three options to...

How To Retire for Real Estate Agents

Our CEO and Best Selling Author of The Golden Handoff, Nick Krautter, talks with Justin Stoddart on the Think Bigger Real Estate Show to review his revolutionary model that helps real estate agents grow their business while simultaneously helping other agents rapidly...

Start Your Search Today

For a Confidential Meeting contact:

Nick Krautter, CCIM

Principal Broker in Oregon/President

Managing Broker in Washington