I've worked on this transaction several months off and on, for an out of town buyer looking for a second home here in Portland, the sometimes intense negotiations going back and forth between the purchaser, 937 and myself. Besides just negotiating a sales price, I also was involved in poring over the (often) daunting sales agreements that new construction sales offices produce and insist on using- often to their benefit, and locating and deleting possibly damaging clauses. In this day the condo developer is more forgiving of changes to their contract.
I'm pleased to say that I have negotiated $105,000 off of the sales price. The developer and their bank are also offering $18,000 in closing costs which can be used for a substantial buy down of the interest rate the first two years before going into a 30 year fixed rate, substantially reducing the payments the first two years. And did I mention a complete blind system for the gorgeous floor to ceiling windows?
The only problem is the buyer is now gone.
The 937 has a great location, at 9th and Glisan and some of the best natural light from just about any condo I've been in. The building is working towards Platinum LEED certification, the highest and best use of the materials available today with the building using 40% less energy than condos built before 2001. Low VOC materials and paint were used in the interiors for healthy air with Caesarstone slab used on the countertops in the baths and kitchen surfaces. The finishes are all first rate. Windows are gorgeous- floor to ceiling- and often open to the surprising red decks. Many have gorgeous views of the west hills, bridges or Mount Hood. Review of 937 by Brian Libby of Portland Architecture.
While the buyer may be gone- the opportunity is not- so please give this a forward this to someone interested in buying a beautiful condo for a great price. The unit has two bedrooms, two full baths and is 1300 plus square feet and includes a secure parking space.