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Pacific NW Retirement real estate purchase
Howdy BP community,
I'm helping my parents navigate a retirement real estate purchase, as they look to flee the scorching summers of Texas (also apparently winter-storm-ravaged at this point). Right now they are considering the Pacific NW area around Portland OR and Vancouver WA. I'd love to hear form local area experts:
- What should they be looking for?
- What should they look out for?
- Areas to consider or avoid?
Their list of requirements is pretty specific and includes a preference for Single-family energy efficient, sustainable, and green built properties near small towns with big personality & culture. B-)
Thanks for any assistance you can provide!
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Jay Hinrichs
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well look no further the Ivyridgeestatescanby its all of what your looking for.. even if I do own it.. LOL..
however keep in mind no income tax in WA but you have sales tax.. and a tax when you sell real estate that can be pretty high ..
Oregon has income tax but no sales tax and no transfer tax like WA..
Vancouver is a bedroom community and if your going south to PDX traffic can be horrible..
but if they are not driving during commute hours should be OK.
we get a little weather in Oregon s well.. we had an ice storm also.. not nearly as bad as Texas and summer well this is the best summer weather other than the SF bay area or prime LA.. My Wife sold real estate in Vancouver for 20 years so she is a good asset as well.
however keep in mind no income tax in WA but you have sales tax.. and a tax when you sell real estate that can be pretty high ..
Oregon has income tax but no sales tax and no transfer tax like WA..
Vancouver is a bedroom community and if your going south to PDX traffic can be horrible..
but if they are not driving during commute hours should be OK.
we get a little weather in Oregon s well.. we had an ice storm also.. not nearly as bad as Texas and summer well this is the best summer weather other than the SF bay area or prime LA.. My Wife sold real estate in Vancouver for 20 years so she is a good asset as well.
- Jay Hinrichs
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