Please note: This was published over a year ago. Phone numbers, email addresses and other information may have changed.
Low interest rates spell opportunity for buying fixer uppers
Photos and Story by James Hill
PORTLAND, Ore. – To the well-trained eye, a run-down house can be revealed as a gold mine — especially with today’s record-low interest rates. Portland Community College can show you how to spot these opportunities too, with a non-credit class in Buying "Fixer Uppers."Instructors and partners Lyn and Bob Buck will show you how to scan the Portland metro and suburban housing markets and take advantage of low-cost homes that you can eventually turn into high-yielding investments. The class will walk students through the complete process – you’ll discover how to locate a home, purchase and repair it, get financing, judge which remodel projects you can do yourself, and make a solid profit when you sell the property. "There has never been a more opportune time to get into the business,"say the Bucks. "Interest rates are low, making it easier to purchase a property, and for-sale homes are flying off the housing market – it’s a boon for both buyers and sellers."The workshop will meet from 9 a.m. to 5 p.m. Saturday, Oct. 25, in Room 107 of the Science Technology Building of the PCC Sylvania Campus, 12000 S.W. 49th Ave. Cost is $49.For more information, contact PCC Community Education at 503-731-6642.