Xem thêm

About Floating Homes: A Unique Real Estate Experience

CEO Khai Intela
Floating homes offer a one-of-a-kind real estate opportunity that is both intriguing and unconventional. Unlike traditional homes, the purchase and sale of floating homes entail additional complexities such as limited financing options, unique inspections, specific...

Floating homes offer a one-of-a-kind real estate opportunity that is both intriguing and unconventional. Unlike traditional homes, the purchase and sale of floating homes entail additional complexities such as limited financing options, unique inspections, specific moorage requirements, and geographical dispersion. Therefore, it is crucial to have an agent with expertise in the market for floating homes. While many brokers in Portland may lack experience in this niche, our team stands out with comprehensive knowledge and a deep understanding of the nuances involved.

The Allure of Floating Homes

Floating home ownership in the Portland area has become somewhat of a close-knit community, with almost everyone knowing someone who lives or has lived in a floating home. As the demand for affordable housing rises and people seek a more adventurous lifestyle, floating homes have emerged as Portland's "Next Frontier." Retiring Baby Boomers are drawn to the proximity to their boats, while Gen X-ers appreciate the freedom from home maintenance and yard work. Millennials, on the other hand, see floating homes as an opportunity to come home every day to a "vacation-like" atmosphere. Floating homes align with various lifestyle goals, making them increasingly popular among diverse demographics.

A floating home is essentially a regular house built on top of a float, usually constructed with logs or concrete. Depending on the location, residents either rent or own the slip where their home is moored. If you own the slip, a monthly fee to the Home Owners Association (HOA) covers typical ground upkeep and services. This fee often includes water, sewer, and garbage services, which would typically be paid directly to utility companies for a land-based home. Each moorage has its own set of rules, which you must agree to, whether you rent the slip or own it as part of your HOA membership.

Steps to Owning a Floating Home

Prepare to Buy a Floating Home

  1. Interested but have questions? Give us a call! We are always delighted to discuss floating homes, as well as traditional homes if that is your preference.
  2. Choose an experienced floating home realtor. It is crucial to work with a realtor who has bought or sold at least five floating homes. Avoid relying on inexperienced family members or friends.
  3. Secure financing, if necessary. We can refer you to lenders who specialize in floating home loans. Most require a 20% down payment and offer flexible terms ranging from 15 to 30 years.

Look at Floating Homes, Find One, Make an Offer

  1. Discover your dream home with our assistance. As the go-to experts, we have insider information on each listed property and upcoming listings.
  2. Negotiate with confidence. With our deep knowledge of the floating home market and expertise in negotiations, we can guide you effortlessly through the process of owning a floating home.

Evaluate, Inspect, and Finalize Negotiations

  1. After reaching a mutually accepted offer, the buyer's journey continues. We will help you navigate through various aspects, such as rules, bylaws, HOA documents, board minutes, residency applications, inspections, title company interactions, and background and credit checks. Our goal is to ensure a smooth transition to your new floating home.
  2. Negotiations may continue based on inspection results. We will act on your behalf to safeguard your interests and ensure a fair outcome.
  3. Prepare for the closing process. This is the moment you've been waiting for! While paperwork and loan processing may seem quiet and slow, it's your opportunity to daydream about the countless adventures that await you in your floating home.

Closing the Deal

Congratulations! With the deal closed, you can finally bid farewell to your lawn mower and embrace the freedom and joy of a life on the water. Spend your days boating, fishing, kayaking, and even spotting sea lions from the comfort of your front deck.

Floating homes Floating homes - A symbol of unique lifestyle and tranquility.

1