With laws constantly changing, housing providers are strongly encouraged to seek legal advice prior to serving any notice of termination for nonpayment.
Author: Legacy Real Estate
Say Goodbye to Love Letters
Buyer letters, or "Love Letters", have become a common element in the residential housing industry, especially as we see multiple offers increase. However, it puts the seller at risk in violating fair housing laws.
The Importance of 1031 Exchanges
The American Families Plan's proposed cap on like-kind exchanges at $500,000, which would greatly impact larger investors who are repurposing and renovating commercial real estate in a post-pandemic economy.
3915 Cloverdale Dr SE, Turner OR
ACREAGE SUBDIVISION Unique, amazing opportunity to develop multiple acreage lot subdivision with 7 total 2-3 acre parcels. Good access to I-5, Willamette Valley Vineyards & close to south Salem shopping. Property features gentle slopes, established trees & lots of buildable areas with amazing territorial views. Seller has completed initial due diligence including survey, engineering, &…
6134 Plum Tree Ct NE
CLICK HERE FOR LISTING INFORMATION Single story home in Keizer's Northtree Estates. Nicely maintained and move in ready! Fully remodeled guest bath with tile shower, tile floors and quartz countertop. Master bath has a new shower surround and upgraded hardware. New carpet in rooms. Beautifully landscaped with a new fence, covered patio and a heated,…
1167-1185 Anderson Place
ALBANY LIGHT INDUSTRIAL BUILDING NEAR I-5 Two buildings available in Albany zoned Light Industrial. Located right off I-5 on the 233 Exit to Santiam Hwy SE, HWY 20. 0.310 acre lot with plenty of room for parking located at the end of a cul-de-sac. Two separate buildings on a single tax offering 9,536 of total…
Eviction Ban Is Unlawful
The Nation Wide eviction ban is unlawful according to a ruling Wednesday, May 5th by U.S. District Court Judge Dabney L. Friedrich of the District of Columbia. Last year the Trump administration put the eviction ban into place and was recently extended through the end of June 2021 by President Biden. In Friedrich's ruling she…
Combatting the Eviction Crisis
Oregon has found itself in quite a hole of unpaid debt in the rental housing market since the start of the Coronavirus pandemic. As of February 2021, an estimated $378 million remains outstanding in rental dues across the state. In 2020, Oregon put into place a Statewide Eviction Moratorium, banning nonpayment-related evictions, and gathered resources…
Do you have tenants that are not paying rent?
The Landlord Compensation Fund (LCF) reopened last week. The second round of assistance for covering rent owed by eligible tenants is at least $50 million. The timeframe for the accrued rent owed is from the past year, April 1, 2020 - April 30, 2021. If you are a participating housing provider you could receive funding…
Spring Time - Free Home Evaluation
Spring is the season of new beginnings. It's also a great time to list your home! In the last three months, February-April, there have been 760+ homes sold in Salem/Keizer with an average sales price of $413,313. Curious about what your home may be worth? Click the link below to get a free home evaluation.https://www.legacyrehomes.com/evaluation