17900 Monticello Dr - Home Profile

Page 1


17900MONTICELLODR

GLADSTONE,OR97027

OWNER NAME: KevinMurphy

VESTING:

MAILING ADDRESS: 17900MonticelloDrGladstoneOR97027

OWNER STATUS: Owneroccupied

COUNTY: Clackamas

CENSUS / BLOCK: 022000/1019

TSP - RNG - SEC: 02S-02E-17

LOT / BLOCK: 37/

HOUSING TRACT: Ridgegate02

ALT PARCEL #: 22E17CA16400

SCHOOL DISTRICT: Gladstone

MUNICIPALITY: Gladstone

PARCEL #: 00500737

DATE: 01/19/2018

DATE: 05/23/2016 SALE PRICE: $422,000 SALE PRICE: $349,900

DOCUMENT #: 2018-003957

DOCUMENT #: 2016-033288

DOC TYPE: WarrantyDeed DOC TYPE: BargainandSale Deed

SQUARE FOOT $: $146.68

LENDER:

LENDER: AMERICANPACIFIC MORTGAGE LOAN: $279,920

LOAN: $316,500 LOAN TYPE: LOAN TYPE: NewConv LOAN TERM: 360M

GROSS AREA: 2,877

LIVING AREA: ABOVE GRADE:

BEDROOMS: 4

BATHROOMS (F/H): 3/0

FIREPLACE: 1

YEAR BUILT: 1979

PARKING TYPE: Garage

UNITS: 1

BASEMENT:

GARAGE AREA: 575

ROOF SHAPE: GableOrHip

FOUNDATION:

ROOF MATERIAL: WoodShake/Shingles

CONSTRUCTIONS:

HEAT TYPE: Forcedairunit

COOLING TYPE:

EXTERIOR WALL: Wood ROOMS: QUALITY:

INTERIOR WALL:

PORCH TYPE:

PATIO TYPE: AIR COND:

FIXTURES:

FLOOR: EQUIPMENT:

STORIES: 1

POOL:

CONDITION:

LAND USE: Residentiallandimproved

ZONING: SingleFamilyResidential COUNTY USE: LOT ACRES: 0.1653

USE:

SQ FT: 7,199 LEN / WID:

ASSD YEAR: 2025

ASSD VALUE: $344,948

TAXABLE VAL:

TAX YEAR: 2025

LAND VALUE: $210,641

MKT VALUE: $617,391

TAX AREA: 115-040

IMP VALUE: $406,750

EXEMPTIONS:

PROPERTY TAX: $6,950.39

IMPROVED %: 66

DISTRICT:

ASSESSORMAP

STREET

AERIALMAP

CITY Y BOUNDARY Y MAP P

SCHOOLS

ELEMENTARY SCHOOLS

NAME: CandyLaneElementarySchool

ADDRESS: 5901SeHullSt

CHARTER SCHOOL: No

SCHOOL: CITY, STATE, ZIP: Milwaukie,OR97267

DESCRIPTION: 21-Suburb:Large PHONE: (503)785-8150

GRADES: Kindergarten-5thGrade

NAME: JohnWettenElementarySchool

ADDRESS: 250EExeter

CITY, STATE, ZIP: Gladstone,OR97027

0.60mile(s)

ONE: 1-Yes

CHARTER SCHOOL: No

21-Suburb:Large PHONE: (503)656-6564

0.88mile(s) GRADES: 1stGrade-5thGrade

ONE: 1-Yes

MIDDLE SCHOOLS

NAME: WalterLKraxbergerMiddleSchool

ADDRESS: 17777WebsterRd

CITY, STATE, ZIP: Gladstone,OR97027

CHARTER SCHOOL: No

DESCRIPTION: 21-Suburb:Large PHONE: (503)655-3636

0.19mile(s) GRADES: 6thGrade-8thGrade

ONE: 2-No

NAME: AlderCreekMiddleSchool

ADDRESS: 13801SeWebsterRd

CITY, STATE, ZIP: Milwaukie,OR97267

CHARTER SCHOOL: No

DESCRIPTION: 21-Suburb:Large PHONE: (503)353-5700

GRADES: 6thGrade-8thGrade

HIGH SCHOOLS

NAME: GladstoneHighSchool

ADDRESS: 18800PortlandAve

1.98mile(s)

ONE: 2-No

CHARTER SCHOOL: No

SCHOOL: CITY, STATE, ZIP: Gladstone,OR97027

DESCRIPTION: 21-Suburb:Large PHONE: (503)655-2544

GRADES: 9thGrade-12thGrade

NAME: PutnamHighSchool

ADDRESS: 4950SeRoetheRd

0.62mile(s)

ONE: 2-No

CHARTER SCHOOL: No

SCHOOL: CITY, STATE, ZIP: Milwaukie,OR97267

DESCRIPTION: 21-Suburb:Large

PHONE: (503)353-5860 DISTANCE: 1.02mile(s)

GRADES: 9thGrade-12thGrade

ONE: 2-No

GRADUATION

Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2019-20 finishing in 2023-24 .

Decrease from previous year 3% Oregon average 87%

State Goals

Students

District Goals

The Oregon Department of Education is partnering with school districts and communities statewide to reach a 90% on-time graduation rate by 2027. Anchored in the pillars of Academic Excellence, Belonging & Wellness, and Accountability, ODE prioritizes evidence-based strategies that strengthen early literacy, improve attendance, and deepen student engagement. We are committed to eliminating opportunity and achievement gaps for historically underserved students. By investing in culturally responsive practices, cultivating inclusive school environments, and fostering a culture of continuous improvement, we can help ensure every student thrives.

1. Increase the number of students who attend school regularly [at school >90% of school days] to 80%.

2. Increase the percentage of students graduating on time to 90%, with equal or greater gains for every measurable student group.

Grade 8 MATHEMATICS

LANGUAGE ARTS

Grade 3

FIVE-YEAR COMPLETION

ON-TIME GRADUATION

ON-TRACK TO GRADUATE

Safe & Welcoming Environment

· Our school strives to ensure all students and families feel welcome.

· Communications home by email, phone, or text are translated for easy access. Interpreters are provided for parent conferences and other parent meetings. Greeters welcome children at the start of the school day.

· Our buzz-in entry system and locked perimeter doors ensure that office staff are aware of each individual entering the building during the school day.

State Goals

The Oregon Department of Education is partnering with school districts and communities statewide to reach a 90% on-time graduation rate by 2027. Anchored in the pillars of Academic Excellence, Belonging & Wellness, and Accountability, ODE prioritizes evidence-based strategies that strengthen early literacy, improve attendance, and deepen student engagement. We are committed to eliminating opportunity and achievement gaps for historically underserved students. By investing in culturally responsive practices, cultivating inclusive school environments, and fostering a culture of continuous improvement, we can help ensure every student thrives.

School Goals

· John Wetten Elementary will increase the number of students attending school regularly [>90% of school days] to 70%. · The school will have 52% of students meeting or exceeding grade level benchmarks for the SBAC English Language Arts test. · We will have 52% of students meeting or exceeding grade level benchmarks for the SBAC Math test.

MATHEMATICS

ENGLISH LANGUAGE ARTS

ATTENDERS

About Our School

COMMUNITY ENGAGEMENT

Our school welcomes a diversity of community members and professionals into our classroom as guest speakers on Career Day and as guest readers on Everybody Reads Day. Many community members serve as classroom volunteers, Lunch Buddies, and SMART readers. Gladstone/Oak Lodge Rotary is a long-term partner, giving a free dictionary to each third grader every fall. The Clackamas Bookshelf also provides free books to JWE students.

PARENT ENGAGEMENT

John Wetten Elementary encourages family engagement and participation in our school. Parents are invited to help as classroom volunteers, field trip chaperones, lunch buddies, and SMART readers. We also invite families to participate in special school events, including the Jog-a-thon, Holiday Luncheon, Winter Sing-Along, Career Day, Literacy/Cultural Carnival, Everybody Reads Day, and Field Day.

EXTRACURRICULAR ACTIVITIES

John Wetten offers volunteer-led after school clubs each term. Opportunities vary, but may include choir, golf, crafts, crochet, art, science, robotics, Lego club, book group and more. Scholarships are available based on need. Our school also provides a student leadership program to selected students, and the Extended Day afterschool childcare program.

BULLYING, HARASSMENT, AND SAFETY POLICIES

· Our Culture of Care works to make school a calm, safe and predictable place for students. Students learn self-calming strategies. · Our school teaches students what bullying and harassment are and provides instruction on how to prevent it. We also provide students with social/emotional learning during each classroom's Morning Meeting. · Our Positive Behavior and Intervention Support program rewards students for good behavior and assists students with behavioral challenges. We also share information about SafeOregon, where parents and students can anonymously report bullying, harassment and other threats to students.

Safe & Welcoming Environment

· To make our school inspiring and inviting, hallways and classrooms promote community, perseverance and integrity.

· Our wellness team supports students to navigate peer issues, emotions, self-regulation and self-advocacy.

· We use a weekly homeroom class to provide schoolwide common language and build community through this weekly time. · We have a process to respond to bias incidents to ensure all students are safe and respected.

State Goals

The Oregon Department of Education is partnering with school districts and communities statewide to reach a 90% on-time graduation rate by 2027. Anchored in the pillars of Academic Excellence, Belonging & Wellness, and Accountability, ODE prioritizes evidence-based strategies that strengthen early literacy, improve attendance, and deepen student engagement. We are committed to eliminating opportunity and achievement gaps for historically underserved students. By investing in culturally responsive practices, cultivating inclusive school environments, and fostering a culture of continuous improvement, we can help ensure every student thrives.

School Goals

· Kraxberger Middle School will increase regular school attendance >80% of school days · Kraxberger will have 50% of students meet or exceed benchmarks for the SBAC English Language Arts test. · Kraxberger will have 40% of students meet or exceed benchmarks for the SBAC Math test.

MATHEMATICS

ENGLISH LANGUAGE ARTS

REGULAR ATTENDERS

About Our School

COMMUNITY ENGAGEMENT

Our school welcomes a diversity of community members and professionals into our classroom as guest speakers. The Clackamas Bookshelf, located on our campus, also provides free books to Kraxberger students yearly. Other partners in our building include Latino Network, Trillium and Northwest Family Services. Our students are encouraged to participate in community service projects, such as canned food drives for the Gladstone Food Pantry.

PARENT ENGAGEMENT

Kraxberger encourages family engagement and involvement in our school. We invite families to participate in special school events, including our Parent-Faculty Organization, parent-teacher conferences, band and choir concerts, and schoolwide evening activities.

EXTRACURRICULAR ACTIVITIES

Kraxberger offers a variety of extracurricular activities, from cross country and track to robotics. We have after-school clubs that offer a wide variety of activities that are based on student interests. These have included gardening, homework help, art, ping pong, Dungeons & Dragons, etc. Our goal is that every student finds a way to connect with a caring adult, a positive peer group, structured after school time, skill building and an eye toward their future.

BULLYING, HARASSMENT, AND SAFETY POLICIES

We strive to create an inclusive community where all students belong.

Kraxberger provides students with social/emotional learning at the start of each school day. Our Positive Behavior and Intervention Support program rewards students for good behavior and assists students with behavioral challenges. We also share information about SafeOregon, where parents and students can anonymously report bullying, harassment and other threats to students.

Students

COLLEGE GOING

Students enrolling in a two or four year college within 12 months of completing high school in 202223 . Data from the National Student Clearinghouse.

Increase from previous year 8%

Oregon average 55%

Safe & Welcoming Environment

Gladstone High School's students and staff work to make our school warm, kind, and inviting. We celebrate accomplishments and work to include and recognize each student in positive ways. Diversity is celebrated. School communications to families are translated for easy access. We are focused on school safety every day. In a smaller school we know our students and depend on them to help protect the school and community through positive relationships and direct communication.

Students

Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2019-20 finishing in 2023-24

Decrease from previous year 3%

Oregon average 87%

who were first-time

graders in 2020-21 graduating in 2023-24

Decrease from previous year 4%

average 82%

State Goals

The Oregon Department of Education is partnering with school districts and communities statewide to reach a 90% on-time graduation rate by 2027. Anchored in the pillars of Academic Excellence, Belonging & Wellness, and Accountability, ODE prioritizes evidence-based strategies that strengthen early literacy, improve attendance, and deepen student engagement. We are committed to eliminating opportunity and achievement gaps for historically underserved students. By investing in culturally responsive practices, cultivating inclusive school environments, and fostering a culture of continuous improvement, we can help ensure every student thrives.

School Goals

· Gladstone High School will be a school environment that intentionally creates a space where students feel seen, heard and valued.

· GHS will create systems that improve regular school attendance for focal groups by 5% or more by May 2026.

· GHS ensures students and staff receive the care and support needed to thrive. · By the end of the year, 100% of our students will have earned a 70% or more in all of their classes. · GHS provides a meaningful, targeted, engaging education for EVERY student that prepares them for post-graduation success.

ON-TIME GRADUATION

TO GRADUATE

PARENT & COMMUNITY ENGAGEMENT

Gladstone High School encourages family engagement and involvement. Parents are invited to join the Boosters group. We also invite families to attend school events, including weekly athletic events, band and choir concerts, plays, food drives and parent/teacher conferences. The Gladstone Health & Wellness Center provides mental health services to students. Northwest Family Services provides drug and alcohol counseling. Community volunteers run the Kids Clothes Closet on our campus. Community volunteers run the Gladstone Food Pantry. The Clackamas Bookshelf provides free books to students each year. We partner with Rotary, Kiwanis and Clackamas Fire on the Adopt-a-Family holiday giving efforts. We also partner with businesses.

EXTRACURRICULAR ACTIVITIES

· 65% of students participate in at least one sport · 21 OSAA competitive sports teams and activities · Band, Jazz Ensemble, Drama, Dance Team, Visual Arts and Choir · Two theater shows per year Activities include Art Club, Dungeons & Dragons, e-Sports, Fellowship of Christian Athletes, Gender & Sexualities Alliance, Key Club, The Laureate literary magazine, National Honor Society, Robotics Team, Student Senate and Yearbook.

CAREER & TECHNICAL EDUCATION

Gladstone High School offers a wide variety of career-technical programs, many of which allow students to earn college credits. Programs include: · Graphics I, II, III · Motion Graphics · Web Design I, II · Video Production · Marketing · Computer-Aided Design I, II, III, IV · Robotics · Construction Technology · Engineering Technology · Health Occupations · Medical Terminology · Digital Photography

About Our School

ADVANCED COURSEWORK

Gladstone High School provides Talented and Gifted services, plus a spectrum of advanced coursework. Honors, AP and Advanced College Credit Courses include:

& Physiology

CITY Y OF F GLADSTONE E

12,017$57,34639.248.6%51.4%

POPULATION

Gladstoneis a city located inClackamas County, Oregon,United States. Gladstone has held several important cultural and social events, hosting both the inauguralClackamas County Fairand theOregon State Fair, before both were moved to more spacious locations.BothSecretary of StateWilliam Jennings Bryanand presidential candidateTheodore Rooseveltgave public speeches in the city.

SCHOOL DISTRICTS SCH

Gladstone School District

HOUSING

62.18% of homes owner occupied

37.82% of homes rented

POPULATION DENSITY

4,790.4 inhabitants per sq. mile

AGE DEMOGRAPHIC

22.9% under age 18

8.3% between ages 18 to 24

26% between ages 25 to 44

28.8% between ages 45 to 64

14% above age 65

CITY QUICK FACTS

2.49 square miles

57 feet elevation

Highest Average Temperature 83º

Lowest Average Temperature 47°

4,779 housing units at an average density of 1,991.3 per sq. mile

HISTORY

Gladstone was founded by Judge Harvey Cross in 1889, and formally incorporated on January 10, 1911. It was named after the British statesman William Ewart Gladstone.Judge Cross laid out the city's first streets. Cross' home was built in the late 1840s by Fendal Cason, and Cross purchased it in 1862.The Cason-Cross House later became Cochran Mortuary. Currently,Mr. Rooter, a plumbing service, occupies the space.There is also a small park named after Cross, located at the same place one of the Indian tribes made its camp.

METRO O AREA A BASE E MAP P

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

GLADSTONE E UTILITIES

Emergency Police/Medical/Fire 911

Poison Control (800) 222-1222 www.aapcc.org

United States Postal Service (800) 275-8777 www.usps.com

Xfinity (800) 266-2278

www.xfinity.com

Ziply Fiber (866) 699-4759 www.ziplyfiber.com

Verizon (800) 483-4100 www.verizon.com

AT&T (800) 288-2020 www.att.com

CenturyLink (866) 963-6665

www.centurylinkcom

Dish Network (800) 318-0572 www.dish.com

DIRECT TV (800) 531-5000 www.directtv.com

The Oregonian (503) 221-8240 www.oregonlive.com

TRI-MET (503) 238-7433 www.trimet.org

Northwest Natural Gas (800) 422-4012 www.nwnatural.com

Portland General Electric (503) 228-6322 www.portlandgeneral.com

Tri-City Sewer District (503) 742-4567 www.clackamas.us

City of Gladstone Water Provider (503) 557-2771

www.ci.gladstone.or.us

Gladstone Disposal (503) 656-9426 www.gladstonedisposalco.com

Gladstone School District (503) 655-2777

www.gladstone.k12.or.us

CHANGEOFADDRESS

USPS

Belowisthewebsiteifyouwouldliketochangeyouraddressonlineoryoucanvisityour localpostoffice,theywillprovideyouwiththechangeofaddresspacket. https://moversguide.usps.com

Benefitsyouwillreceivewhenyouchangeyouraddressonlineare:

Exclusivemoversavingscoupons

Safeandsecurewithidentityverificationbyasimple$1.00chargetoyourcreditordebit card

Emailconfirmationattheendofregistrationofyourchangeofaddress

*Musthavevalidemailaddressandcreditcardtoregisteronline.

AUTOREGISTRATIONANDDRIVERLICENSING

Belowisthewebsiteifyouwouldliketochangeyouraddressonlineoryoucanvisityour localDMVoffice.

OregonDepartmentofTransportation DMVServices 1905LanaAvenueNE Salem,OR97314-0100 www.oregondmv.com/oregon/index.htm

GeneralDMVInformationContact: 503-299-9999

VOTERSREGISTRTION

TOREGISTERTOVOTE,YOUMUSTBE:

AcitizenoftheUSA

AresidentofOregon

ALegalResidentofOregonStateatleast18yearsofageonorbeforethenextelection.

HOWTOREGISTER

ToregistertovoteonlineyouwillneedanOregondriver'slicense,permitorIDcard numberissuedbytheOregonDriverandMotorVehicleServicesDivision(DMV).

IfyoudonothaveanOregondriver'slicense,permitorIDcard,youcanstillusetheonline voterregistrationapplication.Theinformationyouenterwilldisplayonavoterregistration card(PDFdocument)thatyouwillneedtoprint,signanddelivertoyourcountyelections officetocompleteyourregistration.

REGISTRATIONDEADLINE

Anewregistrantmustsubmittheironlineregistrationby11:59:59p.m.PacificTimeonthe 21stcalendardaybeforeanelectiontobeeligibletovoteinthatelection.

CHANGEOFADDRESS

Ifyoumovetoanewcounty,youmustcompleteanewvoterregistration,otherwiseyou mustrequestatransferofyourregistration.

ClackamasCountyVoterRegistration:503-655-8510

MultnomahCountyVoterRegistration:503-988-3720

WashingtonCountyVoterRegistration:503-846-5800

MOVINGCHECKLIST

UTILITIES

Electric

NWNaturalGas WaterDistrict

SewerDistrict

GarbageProvider

Cable/Satellite Fuel(Propane)

PhoneServices

Internet

FINANCIAL

BanksandCreditUnions

CreditCardCompanies (includingdepartmentstorecreditcards)

Lenders

(Mortgage,HomeEquity,Auto,StudentLoans) InsuranceCompanies

(Health,Renters,Auto,Home,Medical,Dental,Disability,Life)

Retirement (Pensionplans,401K,SocialSecurity,VeteransAffairs)

Investments (InvestmentAgenciesandBrokers)

OnlineBillPayer Paypal

GOVERNMENT

USPostOffice

DepartmentofMotorVehicles

(Obtainyourdriver’slicenseandchangevehicleregistration)

IRS PassportOffice

VeteranAffairs UnemploymentOffice (Ifyouarecurrentlyreceivingunemploymentbenefits)

HEALTH

Physician Pharmacies

SERVICEPROVIDER

Childcare HousecleaningServices DeliveryServices LawnCareServices Veterinarian PoolService

MEMBERSHIPS

HealthClubs

MembershipClubs (AAAorsimilar) CommunityGroups (PTA,NeighborhoodAssociations,CivicClubs) Children’sExtracurricular Activities (DanceClasses,MusicLesson,SportsClubs)

SUBSCRIPTIONS

Newspapers

Magazine (USPSwillonlyforward2months)

MovieSubscriptions

BookorMusicClubs

OTHER

FriendsandFamily Employers (typicallynotifytheHRDepartment)

MOVINGCHECKLIST

8WEEKBEFOREYOUMOVE

InventorySheets:Createaninventorysheetofallyour belongingswhichneedtobemoved

ResearchMovingOptions:You’llneedtodecideifyoursisa do-it-yourselfmoveorifyou’llbeusingamovingcompany.

RequestMovingQuote:Solicitmovingquotesfromasmany movingcompaniesandmoversaspossible.Therecanbea largedifferencebetweenratesandserviceswithinmoving companies.

DiscardUnnecessaryItems:Movingisagreattimefor riddingyourselfofunnecessaryitems.Haveayardsaleor donateunnecessaryitemstocharity.

PackingMaterial:Gathermovingboxesandpacking materialforyourmove.

ContactInsuranceCompanies:You’llneedtocontactyour insuranceagenttocancel/transferyourinsurancepolicy.

1

1WEEKBEFOREYOUMOVE

1 WEEK

Your USPS Office

YourChangeofAddress:Changeyouraddresswiththe USPS,DMV,FinancialInstitutions,Utilities,Government Offices,HealthCareServiceProviders,Memberships, SubscriptionsandInsuranceProvisions.

BankAccounts:Transferorclosebankaccountsifchanging banks.Makesuretohaveamoneyorderforpayingthe movingcompany.

ServiceAutomobiles:Ifautomobilesaretobedrivenlong distance,you’llwanttohavethemservicedsoyouhavea trouble-freedrive.

CancelServices:Notifyanyremainingserviceproviders (newspapers,lawnservices,etc.)ofyourmove.

TravelItems:Setasideallitemsyou’llneedwhiletraveling. Makesurethesearenotpackedonthemovingtruck..

ContactUtilityCompanies:Setutilityturnoffdate,seek refundsanddepositsandnotifythemofyournewaddress.

4 WEEK BEFO

4WEEKBEFOREYOUMOVE

Start Packin location

4

StartPacking:Beginpackingallthingsdestinedforyournew location.

Obtain You dentist and retaining an records or m

ObtainYourMedicalRecords:Contactyourdoctor,physician, dentistandothermedicalspecialistswhomaycurrentlybe retaininganyofyourfamily’smedicalrecords.Obtainthese recordsormakeplansforthemtobedeliveredtoyournew medicalfacilitiesifchanging.Securityiscriticalofpersonal records.

NoteFoodInventoryLevels:Checkyourcupboards, refrigeratorandfreezer.Useupasmuchofyourperishable foodaspossible.

SmallEngines:Servicesmallenginesforyourmoveby extractinggasandoilfromthemachines.Thiswillreduce thatchancetocatchfireduringyourmove.

ProtectJewelryandValuables:Transferyourjewelryand valuablestoasafetydepositbox;youdon’twantthemtobe lostorstolenduringyourmove.

BorrowedandRentedItems:Returnitemsthatyoumay haveborrowedorrented.Collectitemsborrowedtoothers.

*

MOVINGDAY

MOVING DA

Plan Your the house

Someone

PlanYourItinerary:Makeplanstospendtheentiredayat thehouseoratleastuntilthemoversareontheirway. Someonewillneedtobearoundtomakedecisions.Make plansforkidsandpetstobeatasittersfortheday.

ReviewtheHouse:Oncethehouseisempty,checkthe entirehouse(closets,attic,basement,etc.)toensureno itemsareleftornohomeissuesexist.

DoubleCheckWithYourMover:Ensurethemoverhasthe newpropertyaddressandallofyourmostrecentcontact information,shouldtheyhaveanyquestionsduringyour move.

VacateYourHome:Makesureutilitiesareoff,doorsand windowsarelockedandnotifyyourrealestateagentyou’ve vacatedtheproperty.

QuestionsToAsk:Whereisthegaragedooropener?Where arethekeystothehouse,mailboxandotherlockablearea? Didyouretrieveallkeysfromneighborsandfriends?

THEHOMEDEPOT

(800)466-3337 www.homedepot.com

Beaverton (503)469-4242 4401SW110thAve. Beaverton,OR97005

S.Beaverton (503)646-1525 13700NWSciencePk.Dr. Portland97229

Clackamas (503)774-6372 9300SE82ndAve. HappyValley,OR97086

Hillsboro (503)693-9090 1950SEMinterBridgeRd. Hillsboro97123

JantzenBeach (503)289-9200 1728NTomahawkIslandDr. Portland97217

OregonCity (503)723-3181 2002WashingtonSt. OregonCity,OR97045

E.Portland (503)261-8543 10120SEWashingtonSt. Portland97216

NEPortland (503)252-0188 11633NEGlenWidingDr. Portland97220

Sherwood (503)925-8447 20260SWPacificHwy. Sherwood,OR97140

Tigard (503)639-3500 14800SWSequoiaParkway Tigard97224

MOVINGRESOURCES

THEHOMEDEPOTCONTINUED

Troutdale (503)674-3944 25101SEStarkSt. Troutdale,OR97060

LOWES

(800)466-3337 www.lowes.com

Hillsboro (503)844-6200 1951SE24thAve. Hillsboro,OR97123

Milwaukie (503)794-2500 13631SEJohnsonRd. Milwaukie97222

Portland (503)737-3000 1160NHaydenMeadowsDr. Portland97217

Tigard (503)624-2644 12615SW72ndAve. Tigard,OR97223

WoodVillage (503)667-1005 1000NEWoodVillageBlvd. WoodVillage,OR97060

DONATIONFACILITIES

Goodwill (800)741-0186 locator.goodwill.org

TheSalvationArmy (800)958-7825 www.salvationarmyusa.org

ValueVillage (800)958-7825 www.valuevillage.com

MOVINGTRUCKRENTALS

Budget (800)462-8343 www.budgettruck.com

Penske (888)996-5415 www.pensketruckrental.com

Ryder (800)297-9337 www.ryder.com

U-Haul (800)468-4285 www.uhaul.com

STORAGECOMPANIES

NWSelfStorage www.nwselfstorage

PublicStorage (800)906-0879 www.publicstorage.com

Pods (888)309-8967 www.pods.com

TRANSFERSTATIONS Garbage/Recycling

MetroCenter (503)234-3000 www.oregonmetro.gov 6161NW61stAve. Portland,OR97210

MetroSouth (503)234-3000 www.oregonmetro.gov 2001WashingtonSt. OregonCity,OR97045

AIRPORT

PortlandInternationalAirport (877)793-4690 www.flypdx.com

AUTO&DRIVERREGISTRATION

DMV

(503)945-5000 www.odot.state.or.us/dmv/

BUSSERVICE

C-Tran (360)695-0123 www.c-tran.com

Greyhound (800)231-2222 www.greyhound.com

Tri-Met (503)238-7433 www.tri-met.org

CABLETV&INTERNET

Verizon (888)881-8161 www.verizon.com

XFINITY(Comcast) (800)934-6489 www.comcast.com

CITYCONTACT

Banks (503)324-5112 www.cityofbanks.org

Beaverton (503)526-2222 www.ci.beaverton.or.us

Canby (503)266-4021 www.ci.canby.or.us

RESOURCEGUIDE

CITYCONTACTCONTINUED

Cornelius (503)357-9112 www.ci.cornelius.or.us

Damascus (503)658-8545 www.ci.damascus.or.us

Estacada (503)630-8270 www.cityofestacada.org

Fairview (503)665-7929 www.ci.fairview.or.us

ForestGrove (503)359-3200 www.ci.forest-grove.or.us

Gaston (503)985-3340

Gladstone (503)656-5225 www.ci.gladstone.or.us

Gresham (503)661-3000 www.ci.gresham.or.us

HappyValley (503)760-3325 www.ci.happy-valley.or.us

Hillsboro (503)681-6100 www.hillsboro-oregon.gov

KingCity (503)639-4082 www.ci.king-city.or.us

LakeOswego (503)635-0270 www.ci.oswego.or.us

Milwaukie (503)786-7525 www.ci.cityofmilwaukie.org

CITYCONTACTCONTINUED Molalla (503)829-6855 www.cityofmolalla.com

NorthPlains (503)647-5555 www.northplains.org

OregonCity (503)657-0891 www.ci.orcity.or.us

Portland (503)823-4000 www.portlandonline.com

RiverGrove (503)639-6919

Sandy (503)668-5533 www.ci.sandy.or.us

Sherwood (503)625-5522 www.ci.sherwood.or.us

Tigard (503)639-4171 www.ci.tigard.or.us

Troutdale (503)665-5175 www.ci.troutdale.or.us

Tualatin (503)692-2000 www.tualatinoregon.gov

WestLinn (503)657-0331 www.westlinnoregon.gov

Wilsonville (503)682-1011 www.ci.wilsonville.or.us

WoodVillage (503)667-6211 www.ci.wood-village-or.us

COUNTYCONTACTS

Clackamas (503)655-8011 www.co.clackamas.or.us Taxation (503)655-8671

Multnomah (503)248-3511 www.co.clackamas.or.us Taxation (503)988-3326

Washington (503)846-8611 www.co.clackamas.or.us Taxation (503)846-8741

ELECTRICITY

PacificPower (888)2217070 www.pacificpower.net

PortlandGeneral (800)542-8818 www.portlandgeneral.com

HOSPITALS

AdventistMedical (503)257-2500 www.adventisthealthnw.com

DoernbecherChildren’s Hospital (503)494-8311 www.ohsu.edu

LegacyGoodSamaritan (503)413-4683 www.legacyhealth.org

LegacyEmanuel (503)413-2200 www.legacyhealth.org

RESOURCEGUIDE

HOSPITALSCONTINUED

LegacyMeridianPark (503)692-1212 www.legacyhealth.org

LegacyMt.Hood (503)674-1122 www.legacyhealth.org

KaiserPermanenteSunnyside (503)813-2000 www.kaiserpermanente.org

KaiserPermanenteWestside (503)813-2000 www.kaiserpermanente.org

OHSU (503)494-8311 www.ohsu.edu

ProvidenceMilwaukie (503)513-8300 www.providence.org

ProvidencePortland (503)215-1111 www.providence.org

ProvidenceSt.Vincent (503)216-1234 www.providence.org

ProvidenceWillametteFalls (503)656-1631 www.providence.org

Shriner’sHospital (503)241-5090 www.shrinershq.org

TualityCommunity (503)681-1111 www.tuality.org

TualityForestGrove (503)357-2173 www.tuality.org

NATURALGAS

NWNatural (800)422-4012 www.nwnatural.com

NEWSPAPERS

TheColumbian (360)694-3391 www.columbian.com

TheOregonian (503)221-8240 www.oregonlive.com

WillametteWeekly (503)243-2122 www.wweek.com

RECREATION

ConventionCenter (503)235-7575 www.oregoncc.org

ExpoCenter (503)736-5200 www.expocenter.org

Mt.HoodMeadows (503)337-2222 www.mthoodmeadows.com

OMSI (503)797-4000 www.omsi.edu

OregonZoo (503)266-1561 www.oregonzoo.com

PortlandInternational Raceway (503)823-7223 www.portlandraceway.com

PortlandArtMuseum (503)266-2811 www.pam.org

RESOURCEGUIDE

RECREATIONCONTINUED

ProvidencePark (503)553-5400 www.providenceparkpdx.com

RegalCinemas (800)FANDANGO www.regalcinemas.com

ModaCenter (503)797-9619 www.rosequarter.com

WillametteJetboat (503)231-1532 www.willamettejet.com

SHOPPING

BridgeportVillage (503)968-1704 www.bridgeport-village.com

CedarHillsCrossing (503)643-6563 www.cedarhillscrossing.com

ClackamasTownCenter (503)653-6913 www.clackamastowncenter.com

ColumbiaGorgeOutlets (503)669-8060 www.premiumoutlets.com/ columbiagorge

LloydCenter (503)282-2511 www.lloydcenter.com

Mall205 (503)255-5805

PioneerPlace (503)228-5800 www.pioneerplace.com

SHOPPINGCONTINUED

StreetsofTanasbourne (503)533-0561 www.streetsoftanasbourne.com

WashingtonSquare (503)369-8860 www.shopwashingtonsquare.com

WoodburnOutlets (888)664-SHOP www.woodburncompanystores.com

TELEPHONESERVICE

Verizon (800)483-4100 www.verizon.com

AT&T (800)288-2020 www.att.com

TRANSFERSTATIONS

MetroCenter (503)234-3000 www.oregonmetro.gov 6161NW61stAve. Portland,OR

MetroSouth (503)234-3000 www.oregonmetro.gov 2001WashingtonSt. OregonCity,OR

ClackamasCounty (503)668-8885 www.wmnorthwest.com 19600SECanyonValleyRd. Sandy,OR

VOTERREGISTRATION

Clackamas (503)655-8510

Multnomah (503)248-3720

Washington (503)846-5800

WATERBUREAU

Beaverton (503)526-2257

Clackamas (503)722-9220

Gladstone (503)656-5223

Gresham (503)618-2373

Hillsboro (503)681-6228

LakeOswego (503)635-0265

Milwaukie (503)786-7525

OregonCity (503)657-8151

Portland (503)823-7770

Tigard (503)639-1554

Tualatin (503)692-2000

WestLinn (503)656-4261

Wilsonville (503)682-1011

CYBERSECURITY

Becauseofyou…weobsessovercybersecurity!

Cyberfraudandemailhackingareontherise.Fraudstersmayaccessindividualemail accountsandmonitorthelifeofyourtransaction.Atthetimefundsareduetothe escrow,fraudstersintercepttheinformationforwiringfunds,andthefraudsterschange theinformationwithouttheknowledgeofthesenderorrecipient,resultinginthefunds beingsenttoanoutsideaccountandnevercreditedtotheintendedparty.

Toprotectandreduceyourrisk,WFGhasimplementedthefollowingproceduresfor outgoingandincomingwires:

OutgoingWirefromWFGtosellerorborrowerforproceeds Intheescrowpaperworkprovidedyouwillbeaskedtoprovidewritteninstructions onhowyouwantfundsdueyousenttoyouatthecloseofescrow.Ifyouchooseto havethefundssentviawiretransfer,WFGwillcontactyoubyphonetoconfirmthe wireinformationprovided.

IncomingWiresfromthebuyerand/orlendertoWFGbankaccount

ForfundsthataretobewiredtoWFGforyourtransaction,wewillsendspecificwire instructionstotheremittingpersonviaanencryptedemail.Werecommendyou reachouttoyourWFGcontacttoconfirmthewireinstructionspriortoremittance.

Welookforwardtoprocessingyourescrowtransactionforyou.Weknowthatthiscan beastressfultimeandweareheretoassistyouinanywaywecantomakethisagood experience.

http://national.wfgnationaltitle.com/2016/04/05/obsess-cyber-security/

OWNERSTITLEINSURANCE

Whyit'simportant

Financiallyspeaking,thedecisiontobuyahomeisoneofthebiggestdecisionsaperson willlikelyevermake.

Owner’stitleinsuranceinsuresthat,whenthepurchaseisclosed,thebuyeristheownerof andhasmarketabletitletotheproperty,hasaccesstothehome,andtherearenoliens, claims,orrestrictionsonthebuyer’sproperty,otherthanthemortgagethebuyeragreesto pay.

Ifthepreliminarytitlesearchuncoverspotentialproblems,abuyercanrequirethatthose problemsbesatisfactorilydealtwithbeforeclosingonthehome.

Inaddition,owner’stitleinsuranceprotectsbuyersagainstamyriadofrisksthatnoteven themostcarefultitlesearchcanuncover,includingthingssuchforgeddocuments, undisclosedormissingheirsofapreviousowner,fraud,willdisputes,andunrecorded claimsofmanytypes.

Withoutowner’stitleinsurance,thelegalcoststoresolvesuchtitleclaimscouldeasilybein thetensofthousandsofdollarsandwouldhavetobepaidoutofpocketbythebuyer-not tomentionthestressthatsuchsituationswouldcausetothebuyer.

Owner’stitleinsuranceisoneofthemostaffordableinsurancepoliciesapersoncanever buy.Unlikeotherformsofinsurance,thereisonlyaone-timefeeatclosingforthepolicy, whichfinanciallyprotectsthebuyer’sinvestmentforaslongasthebuyerorthebuyer’s heirsownthehome.

So,ifsomeonetellsthebuyerthatowner’stitleinsuranceis“optional”,thatcertainlydoes notmeanthatthebuyershouldnotgetit.Virtuallyeverylenderrequireslender’stitle insurance,butthatinsurancedoesnotprotectthebuyer.

Inordertosafeguardthebuyer’sinvestmentintheproperty,whichispossiblythemost importantinvestmentthebuyerwillevermake,owner’stitleinsuranceisabsolutelycritical.

WHATISESCROW?

UnderstandingtheEscrowProcess

Anescrowisanarrangementinwhichaneutralthirdparty(theescrowagent)assembles andprocessesmanyofthecomponentsofarealestatetransaction,recordsthetransaction, andultimately,disbursesanddistributesfundsaccordingtothebuyers’,sellers’and lenders’instructions.YourtransactionistypicallyclosedbyanEscrowOfficer.People buyingandsellingrealestateusuallyopenanescrowfortheirprotectionandconvenience. Boththebuyerandsellerrelyontheescrowagenttocarryouttheirwritteninstructions relatingtothetransactionandtoadvisethemifanyoftheirinstructionsarenotmutually consistentorcannotbecarriedout.Iftheinstructionsfromallpartiestoanescroware clearlydrafted,theescrowofficercanproceedonbehalfofthebuyerandsellerwithout furtherconsultation.Thissavesmuchtimeandfacilitatestheclosingofthetransaction.

TYPICALROLESINTHECLOSINGPROCESS

TheSeller/Agent

DeliversafullyexecutedPurchaseSale Agreementtotheescrowagent. Executesthepaperworknecessarytoclosethe transaction.

TheBuyer/Agent

Depositscollectedfundsrequiredtoclose(in withtheescrowagent.

Approvesthecommitmentfortitleinsurance,or otheritemsascalledforbythePurchaseSale Agreement.

Executesthepaperworkandloandocuments necessarytoclosethetransaction.

TheLender

Depositsloandocumentstobeexecutedbythe buyer Depositstheloanproceeds. Directstheescrowagentoftheconditions underwhichtheloanfundsmaybeused

TheEscrowAgent

ClearsTitle

Obtainstitleinsurance Obtainspayoffsandreleasedocumentsfor underlyingloansontheproperty Receivesfundsfromthebuyerand/orlender. Preparesvestingdocumentaffidavitonseller’s behalf.

Proratesinsurance,taxes,rents,etc.

Preparesafinalstatement(oftenreferredtoas the“HUDStatement”or”SettlementStatement”) foreachparty,indicatingamountspaidin conjunctionwiththeclosingofyourtransaction. Forwardsdeedtothecountyforrecording. Oncetheproperdocumentshavebeen recorded,theescrowagentwilldistributefunds totheproperparties.

InSummary

Escrowistheprocessthatassemblesandprocesses manyofthecomponentsofarealestatetransaction. Thesaleisofficiallyclosedwhenthenewdeedis recordedandfundsareavailabletotheseller,thus transferringownershipfromthesellertothebuyer. Theescrowagentisaneutralthirdpartyactingon behalfofthebuyerandseller.

WHATISTITLE?

AboutTitleInsurance

Titleisabundleofrightsinrealproperty. Protectingpurchasersandlendersagainstloss isaccomplishedbytheissuanceofatitle insurancepolicy.Usually,duringapurchase transaction,thelenderrequestsapolicy (commonlyreferredtoastheLender’sPolicy) whilethebuyersreceivetheirownpolicy (commonlyreferredtoasanOwner'sPolicy).

Inshort,thepolicystatesthatifthestatusof thetitletoaparcelofrealpropertyisother thanasrepresented,andiftheinsured(either theownerorlender)suffersalossasaresultof atitledefect,theinsurerwillreimbursethe insuredforthatlossandanyrelatedlegal expenses,uptothefaceamountofthepolicy, subjecttoexceptionsandexclusionscontained inthepolicy.

Typicallytherearetwopoliciesissued.The Mortgagee’sPolicyinsuresthelenderfor theamountoftheloan.TheOwner’sPolicy insuresthepurchaserofthepurchaseprice.

Howistitleinsurancedifferentfromothertypes ofinsurance?

Whilethefunctionofmostotherformsof insuranceisriskassumptionthroughthe poolingofrisksforlossesarisingoutof unforeseenfutureevents(suchassicknessor accidents),theprimarypurposeoftitle insuranceistoeliminaterisksandprevent lossescausedbydefectsintitlearisingoutof eventsthathavehappenedinthepast.To achievethisgoal,titleinsurersperforman extensivesearchandexaminationofthepublic recordstodeterminewhetherthereareany adverseclaims(titledefects)attachedtothe subjectproperty.Saiddefects/claimsareeither eliminatedpriortotheissuanceofatitlepolicy

ortheirexistenceisexceptedfromcoverage. Yourpolicyisissuedaftertheclosingofyour newhome,foraone-timenominalfee,andis goodforaslongasyouowntheproperty.

What’sinvolvedinatitlesearch?Atitlesearchis actuallymadeupofthreeseparatesearches:

ChainofTitle–Historyoftheownershipofthe subjectproperty

TaxSearch–Thetaxsearchrevealsthestatusof thetaxesandassessments

JudgmentandNameSearch–Searchesfor judgmentandliensagainsttheowners’and purchasers’names

Oncethethreesearcheshavebeencompleted,the fileisreviewedbyanexaminerwhodetermines:

WhetherornottheChainofTitleshowsthatthe partysellingthepropertyhastherighttodoso. Thestatusoftaxesforthesubjectproperty.The TaxSearchwillalsoindicatetheexistenceofany specialassessmentsagainstthelandand whetherornottheseassessmentsarecurrentor pastdue.

Whetherthereareanyunsatisfiedjudgmentson theJudgmentandNameSearchagainstthe previousowners,sellers,orandpurchasers.

Rightsestablishedbyjudgmentdecrees, unpaidfederalincometaxesandmechanicliensall maybepriorclaimsontheproperty,aheadofthe buyer’sorlender’srights.Thetitlesearchwillonly uncoverdefectsintitlethatareofpublicrecord,thus allowingthetitlecompanytoworkwiththesellerto clearuptheseissuesandprovidethenewbuyer withtitleinsurance.

InSummary

Afterthesearcheshavebeenexamined, thetitlecompanywillissueacommitment, statingtheconditionsunderwhichitwillinsure title.Thebuyer,sellerandthemortgagelender willproceedwiththeclosingofthetransaction afterclearingupanydefectsinthetitlethat havebeenuncoveredbythesearchand examination. .

WHOPAYSWHATINOREGON

SELLERPAYS

TYPICALCOSTS

Thefollowingcostsgenerallyaffectalltransactions:

EscrowFee-one-halfofthefee,basedontitlecompany’s feeschedule

RecordingFees-basedoncountyfeeschedule TitlePremium-basedonfixedstatewidefeeschedule RealEstateCommission-basedonagreementwith Broker

TaxProrate-toapportiontaxesbetweenpartiesasof dateofclosing

GeneralCosts-aslistedforeachspecifictransaction,as requestedbyprincipals

Releasefeesforloanpayoff(s)

LANDSALECONTRACTTRANSACTION

AttorneyFee-optional,andissometimessharedwith purchaser

CollectionEscrowSetupFee-optional,andisoften sharedwithpurchaser

ASSIGNMENTOFCONTRACTFORASSUMPTIONOFLOAN TRANSACTION

Anydelinquentpaymentstobringcontractorloan current

Prorateshareofcurrentmonth’sinterestbasedon currentrate

CONVENTIONAL,FHA,VALOANTRANSACTIONS

Anyclosingcost(notexpensesofpropertyorloan interest)negotiatedonbehalfofthepurchaser,subject tolender’sapproval

FHA,VALoans-checkwithlenderforanyapplicable sellercosts

BUYERPAYS

TYPICALCOSTS

Thefollowingcostsgenerallyaffectalltransactions: EscrowFee-one-halfofthefee,basedontitlecompany’s feeschedule

RecordingFees-basedoncountyfeeschedule FireInsurancePremium-mandatorywhenanylenderis involved,includingtheseller’slender

TaxProrate-toapportiontaxesbetweenpartiesasof dateofclosing

GeneralCosts-aslistedforeachspecifictransaction,as requestedbytheprincipals

LANDSALECONTRACTTRANSACTION

AttorneyFee-optional,andissometimessharedwith seller

CollectionEscrowSetupFee-optional,andissometimes sharedwithseller RecordingFee-forcontractormemorandumthereof

ASSIGNMENTOFCONTRACTFORASSUMPTIONOFLOAN TRANSACTION

AssumptionorAssignment Nextmonthlypaymentdue,ifrequiredbylender RecordingFee-forAssumption/Assignmentof Agreement,ifrequiredbylender

CONVENTIONAL,FHA,VALOANTRANSACTIONS

Lenderstitleinsurancepolicy&endorsements,as requiredbylender

LoanFee-asrequiredbylender CreditReportFee-asrequiredbylender AppraisalFee-asrequiredbylender

MortgageInsurancePremium-basedonfeeschedule andendorsementsoflender

PrepaidInterest-ifrequiredbylender VALoansonly-fundingfee,ifrequiredbylender FHA,VA,andsomeConventionalLoans-reservesforreal propertytaxes,fireinsuranceandmortgageinsurance

DISCLAIMER:Thisflyerisnotintendedtobeanall-inclusivelistoffeesandchargesoneverytransaction,butratheraguidetothemajorcostsofbuyingorselling realproperty.WFGwouldbehappytoreviewandexplainyourclosingcostpriortofinalizingthetransactions.

TITLEVESTING Commonwaystoholdtitletorealproperty

ASANINDIVIDUAL

Anindividualmayholdtitleinhisorhernameonly,regardlessofwhetherornotmarried–e.g.“JaneSmith,an individual”.Thatindividualthenownsallrightstotheproperty,whichcanbesoldortransferredtoothersviawill ortrust.Whileadivorceispending,however,ifthepropertywasacquiredduringthemarriageitwilllikelybe treatedaspartofthemaritalestateandthusbesubjecttocourtauthority.

ASTENANTSBYTHEENTIRETY

Aconveyancetoahusbandandwifecreatesatenancybytheentirety–e.g.“JohnSmithandJaneSmith, husbandandwife,astenantsbytheentirety”.Thiscreatesasurvivorshipestate,whichmeansthatifonespouse dies,his/herinterestwillautomaticallygotothesurvivingspouse.Ahusbandandwifemayalsotaketitleas tenantsincommon(discussedbelow)iftheintentiontoholdtitleinthatmannerisexpresslystated.

ASTENANTSINCOMMON

Unlessaconveyanceexpresslyprovidesthatthepartiesintendtocreateasurvivorshipestate(discussedbelow), aconveyancetotwoormorepersonswhoarenotmarriedcreatesatenancyincommoninwhicheachhas (unlessotherwisestated)anequalundividedinterestintheproperty–e.g.“JohnSmithandRobertJones,as tenantsincommon,eachastoanundivided50%interest”.Eachtenantincommonthenownsanundivided interestintheentireproperty,whichcanbesoldortransferredtoothersviawillortrust.

ASASURVIVORSHIPESTATE

Twoormorepersonswhoarenotmarriedmayalsoholdtitleastenantsincommonwitharightofsurvivorship, aslongasthesurvivorshipdeclarationisexpresslycontainedinthedeed–e.g.“JohnSmithandRobertJones, notastenantsincommon,butwiththerightofsurvivorship”.Thiscreatesasurvivorshipestate,whichmeans thatifonepartydies,his/herinterestwillautomaticallygotothesurvivorandcannotbesoldduringthelifetime ofortransferredviawillortrustbythepartywhodiesfirst.

ASREGISTEREDDOMESTICPARTNERS

Registereddomesticpartnersmaytaketitleas(i)tenantsincommon–e.g.“JaneSmithandMaryJones, registereddomesticpartners,astenantsincommon,eachastoanundivided50%interest”,or(ii)ina survivorshipestatesimilartothatofatenancybytheentirety–e.g.“JaneSmithandMaryJones,asregistered domesticpartnerswithrightofsurvivorship”.

ASASAMESEXMARRIEDCOUPLE

Samesexmarriedcouplesmaytaketitleas(i)tenantsincommon–e.g.“JohnSmithandRobertSmith,a marriedcouple,astenantsincommon,eachastoanundivided50%interest”,or(ii)inasurvivorshipestate similartothatofatenancybytheentirety–e.g.JohnSmithandRobertSmith,amarriedcouplewithrightof survivorship,or(iii)astenantsbytheentirety–e.g.“JohnSmithandRobertSmith,amarriedcouple,astenants bytheentirety”.

ASANENTITY

Aregisteredentity,suchasacorporation,limitedliabilitycompanyorpartnership,mayholdtitle.Titleshouldbe heldexactlyasthenameisregisteredwiththeOregonSecretaryofState–e.g.“Smith&Jones,LLC,anOregon limitedliabilitycompany”.

DISCLAIMER–Theforegoingcontainsinformationalexamplesonlyandisnottobeconstruedaslegaladvice.Giventhecomplexitiesinvolvedinacquiringandholding legaltitletorealproperty,WFGstronglyrecommendsthatyouseeklegaladvicefromanattorneypriortodoingso.

ADMINISTRATIVE

12909 SW 68th Pkwy. Ste. 350 Portland, OR 97223 503-431-8500

CLACKAMAS

9200 SE Sunnybrook Blvd. Ste. 350 Clackamas, OR 97015 503-353-9975

LAKE OSWEGO

5885 Meadows Rd. Ste. 130 Lake Oswego, OR 97035 503-624-4900

LLOYD/COMMERCIAL

NW PORTLAND 25 NW 23rd Pl. Ste. 1 Portland, OR 97210 503-219-9088

BETHANY 1500 NW Bethany Blvd. Ste. Beaverton, OR 97006 503-850-3990

2001 SE Columbia River Dr Ste. 100 Vancouver, WA 98661 360-314-0300

SALMON CREEK

2105 NE 129th St. Ste. 107 Vancouver, WA 98686 360-314-1818

VANCOUVER MALL

Ste. 2 0 Vancouver, WA 98662 360-891-5454

EAST VANCOUVER 2004 SE 192nd Ave. Ste. 100 Vancouver, WA 98683 360-356-9990 1 2 3 5 6 7 8 9 4 10

700 NE Multnomah St. Ste. 190 Portland, OR 97232 503-230-8488

This week the median list price for Gladstone, OR 97027 is $574,950 with the market action index hovering around 47. This is an increase over last month's market action index of 46. Inventory has decreased to 14.

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Price of New Listings $555,000 Per Square Foot$259

Strong Seller's Market

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

MedianListPrice

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

$700K

$600K

$500K

Segments

In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels.

$1.0M

PricePerSquareFoot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

MarketActionSegments

Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the highend) will weaken before the rest of the market and signal a slowdown for the whole group.

MedianDaysonMarket(DOM)

The properties have been on the market for an average of 80 days. Half of the listings have come newly on the market in the past 60 or so days. Watch the 90-day DOM trend for signals of a changing market.

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

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CONSUMER EXPERIENCE TIMELINE

TRANSACTION CLOSED

GATHER UP

SIGNING SCHEDULED

CLOSE TO SIGNING

TITLE CLEARED

UPDATER INVITATION

TITLE REPORT DELIVERED

TRANSACTION STARTED

MIDPOINT FEEDBACK

EARNEST MONEY

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