52585 Antler Lane

Page 1


SCAN HERE

OWNER NAME: Jason&JulieHolum

VESTING: TenantsbyEntireties

MAILING ADDRESS: POBox2161LaPineOR97739

OWNER STATUS: Non-owneroccupied

COUNTY: Deschutes

CENSUS / BLOCK: 000301/3023

TSP - RNG - SEC: 21S-10E-36 LOT / BLOCK: 2/2

HOUSING TRACT: CaglePlat05

ALT PARCEL #: 211036C004300

SCHOOL DISTRICT: Bend-LapineAdmin

MUNICIPALITY: LaPine PARCEL #: 141245

DATE: 06/04/2018

DATE: 06/11/2008 SALE PRICE: $130,000

#: 22849

$130,000

TYPE: LOAN TYPE: Commercial LOAN TERM: 240M

25105

GROSS AREA: 1,064

LIVING AREA: 1,064

ABOVE GRADE:

BEDROOMS: 2

BATHROOMS (F/H): 1/0

FIREPLACE: 0

YEAR BUILT: 1979

PARKING TYPE:

UNITS: 1

BASEMENT:

GARAGE AREA: ROOF SHAPE: Gable

FOUNDATION: ROOF MATERIAL: Metal

CONSTRUCTIONS: HEAT TYPE: Electric

COOLING TYPE:

EXTERIOR WALL: ROOMS: 6

QUALITY:

INTERIOR WALL:

PORCH TYPE: PATIO TYPE: AIR COND:

FIXTURES: FLOOR: EQUIPMENT:

STORIES: 1

POOL:

CONDITION: Average

LAND USE: Residential-Potentialdevelop

ZONING: ResidentialSingleFamily COUNTY USE: LOT ACRES: 1.12 STATE USE: LOT SQ FT: 48,787 LEN / WID:

ASSD YEAR: 2025

ASSD VALUE: $83,320

TAXABLE VAL:

TAX YEAR: 2025

LAND VALUE: $121,220

MKT VALUE: $346,660

TAX AREA: 1-109

IMP VALUE: $225,440

EXEMPTIONS:

PROPERTY TAX: $1,575.38

IMPROVED %: 65

DISTRICT:

ASSESSORMAP

STREET

AERIALMAP

CITY BOUNDARY MAP

SCHOOLS

ELEMENTARY SCHOOLS

NAME: RoslandElementary

ADDRESS: 52350ReaseDr

CITY, STATE, ZIP: Lapine,OR97739

PHONE: (541)355-8100

GRADES: Kindergarten-5thGrade

NAME: LapineElementarySchool

ADDRESS: 51615CoachRd

CITY, STATE, ZIP: Lapine,OR97739

PHONE: (541)355-8000

Kindergarten-5thGrade

MIDDLE SCHOOLS

CHARTER SCHOOL: No

CHARTER SCHOOL: No

NAME: Coic-LaPine

ADDRESS: 16493BluewoodPlSte3

CITY, STATE, ZIP: LaPine,OR97739

GRADES: -

NAME: LapineMiddleSchool

ADDRESS: 16360FirstSt

CITY, STATE, ZIP: Lapine,OR97739

CHARTER SCHOOL: No

42-Rural:Distant PHONE: (541)355-8200

GRADES: 6thGrade-8thGrade

HIGH SCHOOLS

NAME: LapineSeniorHighSchool

ADDRESS: 51633CoachRd

CHARTER SCHOOL: No

SCHOOL: CITY, STATE, ZIP: Lapine,OR97739

PHONE: (541)355-8400

GRADES: 9thGrade-12thGrade

2.47mile(s)

ONE: 2-No

ON-TRACK TO GRADUATE

OREGON AT-A-GLANCE SCHOOL PROFILE

Rosland Elementary PRINCIPAL:Deborah Buduan |GRADES:K-5 |52350 Rease Dr, LaPine 97739 |541-355-8100

School Website: www.bend.k12.or.us/ROSLAND

School Goals

Our promise is for every student to be known by name, strength and need; and to graduate ready for college, career and citizenship. Our focus is on people, starting with our teachers and school staff and extending to students, families and community partners. We ask teachers, school leaders and staff to hold our students to high expectations, to model those standards in their own behavior and to provide all students the support they need to succeed.

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.

Safe & Welcoming Environment

Bend-La Pine Schools is committed to creating a safe and welcoming environment for all students. Our strategic priorities include

· Maximizing safety for students, staff, and the community.

· Ensuring physically and psychologically safe, secure and orderly learning environments.

· Building upon our foundation of prevention, intervention, emotional health and crisis preparedness.

ENGLISH LANGUAGE ARTS

MATHEMATICS

About Our School

BULLYING, HARASSMENT, AND SAFETY POLICIES

EXTRACURRICULAR ACTIVITIES

PARENT ENGAGEMENT

COMMUNITY ENGAGEMENT

Bend-La Pine Schools is committed to creating a safe and welcoming environment for all students. Our strategic priorities include

· Maximizing safety for students, staff, and the community.

· Ensuring physically and psychologically safe, secure and orderly learning environments.

Bend-La Pine Schools values extracurricular activities, including interscholastic sports, academic clubs, service clubs and more. To learn more about the activities offered at our school, connect with our staff or visit our school website for details.

We ask parents and families to partner with us in giving children the support they need to succeed at school. We ask community partners to consider committing more time and expertise. We offer numerous ways for interested families and community members to connect with our schools — through volunteering, attending school activities and events and much more.

We offer numerous ways for interested community members and businesses to connect with our schools. We partner with local businesses and community agencies to provide students with learning opportunities. Contact our schools to learn more about ways to connect.

· Building upon our foundation of prevention, intervention, emotional health and crisis preparedness.

OREGON AT-A-GLANCE SCHOOL PROFILE

LaPine Middle School PRINCIPAL:Brian Barringer |GRADES:6-8 |16360 First St, LaPine 97739 |541-355-8200

School Website: www.bend.k12.or.us/LPMS

School Goals

Our promise is for every student to be known by name, strength and need; and to graduate ready for college, career and citizenship. Our focus is on people, starting with our teachers and school staff and extending to students, families and community partners. We ask teachers, school leaders and staff to hold our students to high expectations, to model those standards in their own behavior and to provide all students the support they need to succeed.

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.

Safe & Welcoming Environment

Bend-La Pine Schools is committed to creating a safe and welcoming environment for all students. Our strategic priorities include

· Maximizing safety for students, staff, and the community.

· Ensuring physically and psychologically safe, secure and orderly learning environments.

· Building upon our foundation of prevention, intervention, emotional health and crisis preparedness.

REGULAR ATTENDERS

ENGLISH LANGUAGE ARTS

MATHEMATICS

About Our School

BULLYING, HARASSMENT, AND SAFETY POLICIES

EXTRACURRICULAR ACTIVITIES

PARENT ENGAGEMENT

COMMUNITY ENGAGEMENT

Bend-La Pine Schools is committed to creating a safe and welcoming environment for all students. Our strategic priorities include

· Maximizing safety for students, staff, and the community.

· Ensuring physically and psychologically safe, secure and orderly learning environments.

Bend-La Pine Schools values extracurricular activities, including interscholastic sports, academic clubs, service clubs and more. To learn more about the activities offered at our school, connect with our staff or visit our school website for details.

We ask parents and families to partner with us in giving children the support they need to succeed at school. We ask community partners to consider committing more time and expertise. We offer numerous ways for interested families and community members to connect with our schools — through volunteering, attending school activities and events and much more.

We offer numerous ways for interested community members and businesses to connect with our schools. We partner with local businesses and community agencies to provide students with learning opportunities. Contact our schools to learn more about ways to connect.

· Building upon our foundation of prevention, intervention, emotional health and crisis preparedness.

Data are suppressed to protect confidential student information.For more information please visit: www.oregon.gov/ode/schools-and-districts/reportcards/reportcards/Pages/Accountability-Measures.aspx

OREGON AT-A-GLANCE SCHOOL PROFILE

LaPine Senior High School

PRINCIPAL:Scott Olszewski |GRADES:9-12 |51633 Coach Rd, LaPine 97739 |541-355-8400

FIVE-YEAR COMPLETION

Students

Decrease from previous year 12%

School Website: www.bend.k12.or.us/LPHS

School Goals

Our promise is for every student to be known by name, strength and need; and to graduate ready for college, career and citizenship. Our focus is on people, starting with our teachers and school staff and extending to students, families and community partners. We ask teachers, school leaders and staff to hold our students to high expectations, to model those standards in their own behavior and to provide all students the support they need to succeed.

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.

Safe & Welcoming Environment

Bend-La Pine Schools is committed to creating a safe and welcoming environment for all students. Our strategic priorities include · Maximizing safety for students, staff, and the community.

· Ensuring physically and psychologically safe, secure and orderly learning environments.

· Building upon our foundation of prevention, intervention, emotional health and crisis preparedness.

AT-A-GLANCE SCHOOL PROFILE

TO GRADUATE

About Our School

ADVANCED COURSEWORK

CAREER & TECHNICAL EDUCATION

EXTRACURRICULAR ACTIVITIES

PARENT & COMMUNITY ENGAGEMENT

Bend-La Pine Schools offer a range of advanced coursework and opportunities for students. These include, but are not limited to, Advanced Placement courses, International Baccalaureate programs of study, dual credit courses (in which students can obtain college credit in school) and much more. Contact counseling offices to learn more about potential options.

Bend-La Pine Schools’ cutting-edge rigorous and relevant Career and Technical Education courses prepare students for a wide range of high-wage, high-skill, highdemand careers. More than 2,300 Bend-La Pine Schools’ students enrolled in CTE courses last year, with high schools offering more than 148 CTE courses. Students have the opportunity to explore a variety of CTE options including agri-sciences, business, culinary, engineering, forestry, future energy and power, graphic design and manufacturing technologies.

Bend-La Pine Schools values extracurricular activities, including interscholastic sports, academic clubs, service clubs and more. To learn more about the activities offered at our school, connect with our staff or visit our school website for details.

We ask parents and families to partner with us in giving children the support they need to succeed at school. We ask community partners to consider committing more time and expertise. We offer numerous ways for interested families and community members to connect with our schools — through volunteering, attending school activities and events and much more.

CITY OF LA PINE

2,512 $37,979 48.8 48.4% 51.6%

La Pine is a city in Deschutes County, Oregon, United States, incorporated on December 7, 2006. La Pine is in the valley of the Little Deschutes River, a tributary of the Deschutes River. The river provides recreational opportunities such as fishing, swimming, canoeing and other leisure activities.

SCHOOL DISTRICTS SCH

Bend-La Pine

HOUSING

57.75% of homes owner occupied

42.25% of homes rented

POPULATION DENSITY

236.8 inhabitants per sq. mile

942 housing units at an average density of 135 per sq. mile

HISTORY

AGE DEMOGRAPHIC

16.7% under age 18 20.4% above age 65 83.3% above age 18

CITY QUICK FACTS

7.14 square miles

4,229 feet elevation

Highest Average Temperature 81º

Lowest Average Temperature 19º

The area's first European-American settlement was established in the 1800s by French fur trappers. La Pine was founded in the 19th century with Huntington Road as the main street. The original name for the community was Rosland. A post office by that name was started in 1897, followed by a townsite in 1900. Construction on the Oregon Trunk Railroad started in 1908 by the Spokane, Portland and Seattle Railway at the Columbia River. The route was designed to follow the Deschutes River, and the line later became part of BNSF Railway. The line was built to Bend, with the railroad later buying a line owned by the Shevlin-Hixon Lumber Company that continued to La Pine. What became U.S. 97 was completed in 1917, which used the right of way of the Oregon Trunk Line that had not been built south of Bend.

DESCHUTES COUNTY BASE MAP

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

LOCAL BUSINESSES

CYBER SECURITY

Because of you… we obsess over cyber security!

Cyber fraud and email hacking are on the rise. Fraudsters may access individual email accounts and monitor the life of your transaction. At the time funds are due to the escrow, fraudsters intercept the information for wiring funds, and the fraudsters change the information without the knowledge of the sender or recipient, resulting in the funds being sent to an outside account and never credited to the intended party.

To protect and reduce your risk, WFG has implemented the following procedures for outgoing and incoming wires:

Outgoing Wire from WFG to seller or borrower for proceeds

In the escrow paperwork provided you will be asked to provide written instructions on how you want funds due you sent to you at the close of escrow. If you choose to have the funds sent via wire transfer, WFG will contact you by phone to confirm the wire information provided.

Incoming Wires from the buyer and/or lender to WFG bank account

For funds that are to be wired to WFG for your transaction, we will send specific wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to confirm the wire instructions prior to remittance.

We look forward to processing your escrow transaction for you. We know that this can be a stressful time and we are here to assist you in any way we can to make this a good experience.

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

OWNERS TITLE INSURANCE

Why it's important

Financially speaking, the decision to buy a home is one of the biggest decisions a person will likely ever make.

Owner’s title insurance insures that, when the purchase is closed, the buyer is the owner of and has marketable title to the property, has access to the home, and there are no liens, claims, or restrictions on the buyer’s property, other than the mortgage the buyer agrees to pay.

If the preliminary title search uncovers potential problems, a buyer can require that those problems be satisfactorily dealt with before closing on the home.

In addition, owner’s title insurance protects buyers against a myriad of risks that not even the most careful title search can uncover, including things such forged documents, undisclosed or missing heirs of a previous owner, fraud, will disputes, and unrecorded claims of many types.

Without owner’s title insurance, the legal costs to resolve such title claims could easily be in the tens of thousands of dollars and would have to be paid out of pocket by the buyer - not to mention the stress that such situations would cause to the buyer.

Owner’s title insurance is one of the most affordable insurance policies a person can ever buy. Unlike other forms of insurance, there is only a one-time fee at closing for the policy, which financially protects the buyer’s investment for as long as the buyer or the buyer’s heirs own the home.

So, if someone tells the buyer that owner’s title insurance is “optional”, that certainly does not mean that the buyer should not get it. Virtually every lender requires lender’s title insurance, but that insurance does not protect the buyer.

In order to safeguard the buyer’s investment in the property, which is possibly the most important investment the buyer will ever make, owner’s title insurance is absolutely critical.

WHAT IS ESCROW?

Understanding the Escrow Process

An escrow is an arrangement in which a neutral third party (the escrow agent) assembles and processes many of the components of a real estate transaction, records the transaction, and ultimately, disburses and distributes funds according to the buyers’, sellers’ and lenders’ instructions. Your transaction is typically closed by an Escrow Officer. People buying and selling real estate usually open an escrow for their protection and convenience. Both the buyer and seller rely on the escrow agent to carry out their written instructions relating to the transaction and to advise them if any of their instructions are not mutually consistent or cannot be carried out. If the instructions from all parties to an escrow are clearly drafted, the escrow officer can proceed on behalf of the buyer and seller without further consultation. This saves much time and facilitates the closing of the transaction.

TYPICAL ROLES IN THE CLOSING PROCESS

The Seller/Agent

Delivers a fully executed Purchase Sale Agreement to the escrow agent.

Executes the paperwork necessary to close the transaction.

The Buyer/Agent

Deposits collected funds required to close (in with the escrow agent.

Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement.

Executes the paperwork and loan documents necessary to close the transaction.

The Escrow Agent

The Lender Clears Title

Deposits loan documents to be executed by the buyer

Deposits the loan proceeds. Directs the escrow agent of the conditions under which the loan funds may be used

Obtains title insurance

Obtains payoffs and release documents for underlying loans on the property Receives funds from the buyer and/or lender. Prepares vesting document affidavit on seller’s behalf.

Prorates insurance, taxes, rents, etc.

Prepares a final statement (often referred to as the “HUD Statement” or ”Settlement Statement”) for each party, indicating amounts paid in conjunction with the closing of your transaction. Forwards deed to the county for recording. Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties.

In Summary

Escrow is the process that assembles and processes many of the components of a real estate transaction. The sale is officially closed when the new deed is recorded and funds are available to the seller, thus transferring ownership from the seller to the buyer. The escrow agent is a neutral third party acting on behalf of the buyer and seller.

WHAT IS TITLE?

About Title Insurance

Title is a bundle of rights in real property. Protecting purchasers and lenders against loss is accomplished by the issuance of a title insurance policy. Usually, during a purchase transaction, the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner's Policy).

In short, the policy states that if the status of the title to a parcel of real property is other than as represented, and if the insured (either the owner or lender) suffers a loss as a result of a title defect, the insurer will reimburse the insured for that loss and any related legal expenses, up to the face amount of the policy, subject to exceptions and exclusions contained in the policy.

Typically there are two policies issued. The Mortgagee’s Policy insures the lender for the amount of the loan. The Owner’s Policy insures the purchaser of the purchase price.

How is title insurance different from other types of insurance?

While the function of most other forms of insurance is risk assumption through the pooling of risks for losses arising out of unforeseen future events (such as sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past. To achieve this goal, title insurers perform an extensive search and examination of the public records to determine whether there are any adverse claims (title defects) attached to the subject property. Said defects/claims are either eliminated prior to the issuance of a title policy

or their existence is excepted from coverage. Your policy is issued after the closing of your new home, for a one-time nominal fee, and is good for as long as you own the property.

What’s involved in a title search? A title search is actually made up of three separate searches:

Chain of Title – History of the ownership of the subject property

Tax Search – The tax search reveals the status of the taxes and assessments

Judgment and Name Search – Searches for judgment and liens against the owners’ and purchasers’ names

Once the three searches have been completed, the file is reviewed by an examiner who determines:

Whether or not the Chain of Title shows that the party selling the property has the right to do so. The status of taxes for the subject property. The Tax Search will also indicate the existence of any special assessments against the land and whether or not these assessments are current or past due.

Whether there are any unsatisfied judgments on the Judgment and Name Search against the previous owners, sellers, or and purchasers.

Rights established by judgment decrees, unpaid federal income taxes and mechanic liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights. The title search will only uncover defects in title that are of public record, thus allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance.

In Summary

After the searches have been examined, the title company will issue a commitment, stating the conditions under which it will insure title. The buyer, seller and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination.

.

WHO PAYS WHAT IN OREGON

SELLER PAYS

TYPICAL COSTS

The following costs generally affect all transactions:

Escrow Fee - one-half of the fee, based on title company’s fee schedule

Recording Fees - based on county fee schedule

Title Premium - based on fixed statewide fee schedule

Real Estate Commission - based on agreement with Broker

Tax Prorate - to apportion taxes between parties as of date of closing

General Costs - as listed for each specific transaction, as requested by principals

Release fees for loan payoff(s)

LAND SALE CONTRACT TRANSACTION

Attorney Fee - optional, and is sometimes shared with purchaser

Collection Escrow Setup Fee - optional, and is often shared with purchaser

ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION

Any delinquent payments to bring contract or loan current

Prorate share of current month’s interest based on current rate

CONVENTIONAL, FHA, VA LOAN TRANSACTIONS

Any closing cost (not expenses of property or loan interest) negotiated on behalf of the purchaser, subject to lender’s approval

FHA, VA Loans - check with lender for any applicable seller costs

BUYER PAYS

TYPICAL COSTS

The following costs generally affect all transactions:

Escrow Fee - one-half of the fee, based on title company’s fee schedule

Recording Fees - based on county fee schedule

Fire Insurance Premium - mandatory when any lender is involved, including the seller’s lender

Tax Prorate - to apportion taxes between parties as of date of closing

General Costs - as listed for each specific transaction, as requested by the principals

LAND SALE CONTRACT TRANSACTION

Attorney Fee - optional, and is sometimes shared with seller

Collection Escrow Setup Fee - optional, and is sometimes shared with seller

Recording Fee - for contract or memorandum thereof

ASSIGNMENT OF CONTRACT FOR ASSUMPTION OF LOAN TRANSACTION

Assumption or Assignment

Next monthly payment due, if required by lender

Recording Fee - for Assumption/Assignment of Agreement, if required by lender

CONVENTIONAL, FHA, VA LOAN TRANSACTIONS

Lenders title insurance policy & endorsements, as required by lender

Loan Fee - as required by lender

Credit Report Fee - as required by lender

Appraisal Fee - as required by lender

Mortgage Insurance Premium - based on fee schedule and endorsements of lender

Prepaid Interest - if required by lender

VA Loans only - funding fee, if required by lender

FHA, VA, and some Conventional Loans - reserves for real property taxes, fire insurance and mortgage insurance

TITLE VESTING Common ways to hold title to real property

AS AN INDIVIDUAL

An individual may hold title in his or her name only, regardless of whether or not married – e.g. “Jane Smith, an individual”. That individual then owns all rights to the property, which can be sold or transferred to others via will or trust. While a divorce is pending, however, if the property was acquired during the marriage it will likely be treated as part of the marital estate and thus be subject to court authority.

AS TENANTS BY THE ENTIRETY

A conveyance to a husband and wife creates a tenancy by the entirety – e.g. “John Smith and Jane Smith, husband and wife, as tenants by the entirety”. This creates a survivorship estate, which means that if one spouse dies, his/her interest will automatically go to the surviving spouse. A husband and wife may also take title as tenants in common (discussed below) if the intention to hold title in that manner is expressly stated.

AS TENANTS IN COMMON

Unless a conveyance expressly provides that the parties intend to create a survivorship estate (discussed below), a conveyance to two or more persons who are not married creates a tenancy in common in which each has (unless otherwise stated) an equal undivided interest in the property – e.g. “John Smith and Robert Jones, as tenants in common, each as to an undivided 50% interest”. Each tenant in common then owns an undivided interest in the entire property, which can be sold or transferred to others via will or trust.

AS A SURVIVORSHIP ESTATE

Two or more persons who are not married may also hold title as tenants in common with a right of survivorship, as long as the survivorship declaration is expressly contained in the deed – e.g. “John Smith and Robert Jones, not as tenants in common, but with the right of survivorship”. This creates a survivorship estate, which means that if one party dies, his/her interest will automatically go to the survivor and cannot be sold during the lifetime of or transferred via will or trust by the party who dies first.

AS REGISTERED DOMESTIC PARTNERS

Registered domestic partners may take title as (i) tenants in common– e.g. “Jane Smith and Mary Jones, registered domestic partners, as tenants in common, each as to an undivided 50% interest”, or (ii) in a survivorship estate similar to that of a tenancy by the entirety – e.g. “Jane Smith and Mary Jones, as registered domestic partners with right of survivorship”.

AS A SAME SEX MARRIED COUPLE

Same sex married couples may take title as (i) tenants in common – e.g. “John Smith and Robert Smith, a married couple, as tenants in common, each as to an undivided 50% interest”, or (ii) in a survivorship estate similar to that of a tenancy by the entirety – e.g. John Smith and Robert Smith, a married couple with right of survivorship, or (iii) as tenants by the entirety – e.g. “John Smith and Robert Smith, a married couple, as tenants by the entirety”.

AS AN ENTITY

A registered entity, such as a corporation, limited liability company or partnership, may hold title. Title should be held exactly as the name is registered with the Oregon Secretary of State – e.g. “Smith & Jones, LLC, an Oregon limited liability company”.

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. 155 Beaverton, OR 97006 503-850-3990

DOWNTOWN VANCOUVER 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 La Pine, OR 97739 is $497,900 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 95.

Market Action Index

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

Market Profile

Price of New Listings $428,500 Per Square Foot$309

Days on Market 179

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Market Segments

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

Median List Price

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.

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.

Price Per Square Foot

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.

7-Day Median

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.

Market Action Index

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Action Segments

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.

Median Days on Market (DOM)

The properties have been on the market for an average of 180 days. Half of the listings have come newly on the market in the past 156 or so days. Watch the 90-day DOM trend for signals of a changing market.

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

Instant access to

WFG’s MyHome® provides full transparency, real-time updates, and post-closing home information in a secure built with YOU in mind.

Contact information for

Sign up for an account at https://myhome.wfgtitle.com today!

Click Register for MyHome® account on a MyHome® email to https://myhome. wfgtitle.com

Complete a brief registration form. Use your email address on immediate access.

via text, email, or

for your transaction

your escrow team

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

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.