The At-A-Glance School and District profiles tell a story about Oregon’s schools and districts. The story is harder to tell this year as the COVID-19 pandemic significantly impacted our schools and the data we collect. As a result, statewide assessment and attendance data cannot be compared to prior years and are not shown here. We have included links to our website where you can view the 2020-21 statewide assessment and attendance data and read a detailed description of how these data were impacted. We’re thankful for your partnership as we focus on care, connection and the creation of safe, inclusive and supportive learning environments.
Students earning one-quarter of graduation credits in their 9th grade year.
Grade 12
ON-TIME GRADUATION
Students earning a diploma within four years. Cohort includes students who were first-time ninth graders in 2016-17 graduating in 2019-20.
District Goals
Our district strives to produce culturally responsive graduates who will thrive in an ever changing global community. We focus on providing high-quality instruction to each student in our district while providing a physically and emotionally safe and culturally responsive learning environment that gives students and families voice. We use our resources wisely and apply an equity lens in all decision making. We empower and inspire each student.
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% on-time, four year graduation rate by 2025. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a wellrounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE DISTRICT PROFILE
Gresham-Barlow SD 10J
Outcomes
Grades K-2 REGULAR ATTENDERS
Grade 3 ENGLISH LANGUAGE ARTS
American
Black/African
Ever
Ever
Students
Grade 8 MATHEMATICS
Grade 9
Students We Serve
OREGON AT-A-GLANCE SCHOOL PROFILE
Powell Valley Elementary School
PRINCIPAL: Thelina O'Daniel | GRADES: K-5 | 4825 SE Powell Valley Rd, Gresham 97080 | 503-661-1510
Special Note
The At-A-Glance School and District profiles tell a story about Oregon’s schools and districts. The story is harder to tell this year as the COVID-19 pandemic significantly impacted our schools and the data we collect. As a result, statewide assessment and attendance data cannot be compared to prior years and are not shown here. We have included links to our website where you can view the 2020-21 statewide assessment and attendance data and read a detailed description of how these data were impacted. We’re thankful for your partnership as we focus on care, connection and the creation of safe, inclusive and supportive learning environments.
Academic Success
ENGLISH LANGUAGE ARTS
Students meeting state grade-level expectations.
School Environment
REGULAR ATTENDERS
Students who attended more than 90% of their enrolled school days.
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2025. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a well-rounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
Safe & Welcoming Environment
We celebrate the diversity of our families, our staff, the rich language, and the cultural assets each person brings to our District. We honor and uphold the right to freedom of speech and expect individuals to exercise that right responsibly. The District will be steadfast in providing a safe and welcoming environment for ALL.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE SCHOOL PROFILE
Powell Valley Elementary School
Outcomes
REGULAR ATTENDERS
ENGLISH LANGUAGE ARTS MATHEMATICS
18 Teachers
7 Educational assistants
1
Counselors/ Psychologists
American Indian/Alaska Native
Asian
Black/African American
Hispanic/Latino
Multiracial
Native Hawaiian/Pacific Islander
White
Free/Reduced Price Lunch
Ever English Learner
Students with Disabilities
Migrant
Homeless
Talented and Gifted
Female
Male
Non-Binary
About Our School
BULLYING, HARASSMENT, AND SAFETY POLICIES
We strive for our school to be free from discrimination, safe and healthy. Each student is entitled to come to school in an environment in which learning is valued and disruptions are minimized. Our discipline philosophy is designed to produce behavioral changes that will enable students to develop the self discipline necessary to remain in school and to function successfully in their educational and social environments. Lessons in regard to prevention of, and appropriate response to, acts of harassment or bullying are taught within our school and all entities are encouraged to report any bullying and harassment to school officials.
EXTRACURRICULAR ACTIVITIES
· Leadership Team
· Audio/Visual Team
· Jump Rope Club
PARENT ENGAGEMENT
Two-way communication and active engagement is key. We have activities throughout the year where families are invited to join us in learning together. Parent volunteers are welcome and valued. Please visit our school website for more specific information about our various activities. We have community liaisons that support Spanish and Russian families. In addition, we access telephonic language interpretation and schedule outside interpreters as needed to support families from all other language backgrounds.
COMMUNITY ENGAGEMENT
Our school is well supported with out partnership with our Parent Teacher Club and Community Church, who work together to create community building events like Community Christmas crafting event during the Holiday, our Spring Carnival and our Powell Valley Creates learning celebration. We also partner with OASIS for additional reading support for students, as well as various outdoor education organizations to bring authentic science based learning experiences to our students (raising and releasing baby Salmon, and planting trees to keep our environment healthy).
Students We Serve
OREGON AT-A-GLANCE SCHOOL PROFILE
Gordon Russell Middle School
PRINCIPAL: Rolland Hayden | GRADES: 6-8 | 3625 SE Powell Valley Rd, Gresham 97080 | 503-667-6900
Special Note
The At-A-Glance School and District profiles tell a story about Oregon’s schools and districts. The story is harder to tell this year as the COVID-19 pandemic significantly impacted our schools and the data we collect. As a result, statewide assessment and attendance data cannot be compared to prior years and are not shown here. We have included links to our website where you can view the 2020-21 statewide assessment and attendance data and read a detailed description of how these data were impacted. We’re thankful for your partnership as we focus on care, connection and the creation of safe, inclusive and supportive learning environments.
Academic Success
ENGLISH LANGUAGE ARTS
Students meeting state grade-level expectations.
School Environment
REGULAR ATTENDERS
Students who attended more than 90% of their enrolled school days.
Academic Progress
INDIVIDUAL STUDENT PROGRESS
Year-to-year progress in English language arts and mathematics.
For 2020-21 English Language Arts data please visit:
Promote student success through a welcoming and engaging environment. Our PBIS Program, Kindness Challenge, Happiness Project Curriculum, Student Leadership Program, 6th Grade Outdoor School, SUN School and AVID give our students many different opportunities.
Academic success and preparing students for high school using Response to Intervention model, tutoring and enrichment programs, an ELD program to support students, Special Education for qualifying students.
Our school motto is Every Student, Every Class, Every Day to prepare our students for high school and beyond.
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2025. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a well-rounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
Safe & Welcoming Environment
We celebrate the diversity of our families, our staff, the rich language, and the cultural assets each person brings to our District. Our school motto is Every Student, Every Classroom, Every Day and we will be steadfast in providing a safe and welcoming environment for ALL. Our Equity Team continues to support Culturally Relevant Teaching and Learning to meet diverse learner needs and improve cultural responsiveness within the school community. Screen reader support enabled.
Our Staff (rounded FTE) 34 Teachers
OREGON AT-A-GLANCE SCHOOL PROFILE
Gordon Russell Middle School
Outcomes
REGULAR ATTENDERS
American Indian/Alaska Native
Asian
Black/African American
Hispanic/Latino
Multiracial
Native Hawaiian/Pacific Islander
7 Educational assistants
2
Counselors/ Psychologists
White
Free/Reduced Price Lunch
Ever English Learner
Students with Disabilities
Migrant
Homeless
Talented and Gifted
Female
Male
Non-Binary
About Our School
BULLYING, HARASSMENT, AND SAFETY POLICIES
We strive for our school to be free from discrimination, safe and healthy. Each student is entitled to come to school in an environment in which learning is valued and disruptions are minimized. Our discipline philosophy is designed to produce behavioral changes that will enable students to develop the self discipline necessary to remain in school and to function successfully in their educational and social environments. Lessons in regard to prevention of, and appropriate response to, acts of harassment or bullying are taught within our school and all entities are encouraged to report any bullying and harassment to school officials.
EXTRACURRICULAR ACTIVITIES
· OST Out of school time, provides enrichment and cocurricular offerings
· SUN School with a variety of before and after-school programing
· Marching and Jazz Band
- Concert and Jazz Choir
· Soccer, wrestling, football partnerships
· School district sponsored Track and Field, Basketball
· Student offerings Art, Band, and Yearbook
· Journalism/yearbook program
- STEAM Class Offerings at all grade levels
· Video Production
· Computer Coding
· Career Explorations: Learning about high wage, high demand careers
ENGLISH LANGUAGE ARTS MATHEMATICS
PARENT ENGAGEMENT
Two-way communication and active engagement is key. We have activities throughout the year where families are invited to join us in learning together. Parent volunteers are welcome and valued. Please visit our school website for more specific information about our various activities. We have community liaisons that support Spanish and Russian families. In addition, we access telephonic language interpretation and schedule outside interpreters as needed to support families from all other language backgrounds.
COMMUNITY ENGAGEMENT
We partner with local business to provide students with learning opportunities as well as the following community organizations: - East Hill Community Church
- Police and Fire Department
- Infinity Images
Annual food drive for our families. Health and Wellness fair open to students. local businesses and the community Community Care Day in Augustcommunity, school staff and students come together to beautify the school and grounds. Kindness Challenge - promotes acts of kindness within our school community. Many local partners and volunteers work hard to make this event a success.
Students We Serve
OREGON AT-A-GLANCE SCHOOL PROFILE
Sam Barlow High School
PRINCIPAL: Bruce Schmidt Jr | GRADES: 9-12 | 5105 SE 302nd Ave, Gresham 97080 | 503-258-4850
Special Note
The At-A-Glance School and District profiles tell a story about Oregon’s schools and districts. The story is harder to tell this year as the COVID-19 pandemic significantly impacted our schools and the data we collect. As a result, statewide assessment and attendance data cannot be compared to prior years and are not shown here. We have included links to our website where you can view the 2020-21 statewide assessment and attendance data and read a detailed description of how these data were impacted. We’re thankful for your partnership as we focus on care, connection and the creation of safe, inclusive and supportive learning environments.
School Environment
REGULAR ATTENDERS
Students who attended more than 90% of their enrolled school days.
Students earning a diploma within four years. Cohort includes students who were first-time ninth graders in 2016-17 graduating in 2019-20.
FIVE-YEAR COMPLETION
Students earning a high school diploma or GED within five years.
COLLEGE GOING
Students enrolling in a two or four year college within 16 months of completing high school in 201718. Data from the National Student Clearinghouse.
School Goals
We strive for excellence at Sam Barlow High School and set aggressive goals as a school. We work hard to provide a well rounded comprehensive high school experience that addresses the needs of all students. To measure our success, we are working to reach a graduation rate to 90%, increase the number of freshmen that are on-track to graduate to 90% and a school attendance rate of 90%.
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2025. To progress toward this goal, the state will prioritize efforts to improve attendance, provide a well-rounded education, invest in implementing culturally responsive practices, and promote continuous improvement to close opportunity and achievement gaps for historically and currently underserved students.
Safe & Welcoming Environment
We celebrate the diversity of our families, our staff, the rich language, and the cultural assets each person brings to our District. We honor and uphold the right to freedom of speech and expect individuals to exercise that right responsibly. The District will be steadfast in providing a safe and welcoming environment for ALL.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE SCHOOL PROFILE
Sam Barlow High School
About Our School
ADVANCED COURSEWORK
Our school offers 11 AP courses to include: Biology, Chemistry, Language and Composition, Literature, US History, European History, Human Geography, Macroeconomics, Calculus A/B and B/C, and AP Statistics.
We also offer 27 dual-enrollment courses through Mount Hood Community College. During the 2019-20 school year, students earned a total of 3,200 college credits.
CAREER & TECHNICAL EDUCATION
Our students have the opportunity of enrolling in a variety of CTE courses where students can get hands on experiences in high wage, high demand fields, and earn college credits. Sam Barlow has eight programs of study in our CTE department:
· Computer Science
· Early Childhood Education
· Engineering Technology
· Hospitality and Tourism/Culinary
· Manufacturing Technology
· Media Arts
· Marketing
· Construction Technology
EXTRACURRICULAR ACTIVITIES
We offer 19 OSAA sanctioned athletic programs, 7 OSAA sanctioned activity programs, and 20 student clubs which are all designed to engage students, promote long term success, and provide all students the opportunity to represent their school community in a positive setting.
PARENT & COMMUNITY ENGAGEMENT
Our school hosts a variety of events for attendance by families and the community. We also partner with local businesses to create opportunities for students. Please see our school website for specific information about our various activities. Two-way communication and active engagement is key. We have community liaisons that support Spanish and Russian families. In addition, we access telephonic language interpretation and schedule outside interpreters as needed to support families from all other language backgrounds
105,594 $43,442 33.6 49% 51%
Centennial
Gresham Barlow
Reynolds
HOUSING
52.36% of homes owner occupied
47.64% of homes rented
POPULATION DENSITY
4,551.5 inhabitants per sq. mile
14,015 housing units at an average density of 1,767.9 per square mile
HISTORY
AGE DEMOGRAPHIC
21.1% under age 18
10.3% between ages 18 to 24
34.7% between ages 25 to 44
22.4% between ages 45 to 64
11.6% above age 65
CITY QUICK FACTS
4th largest city in Oregon
23.43 square miles
12 miles from downtown Portland
325 feet elevation
Highest Average Temperature 82
Lowest Average Temperature 34
METRO AREA BASE MAP
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
Veterinary Care
LOCAL BUSINESSES
Gradin
LOCAL BUSINESSES
LOCAL BUSINESSES
Joyeria Medusa 1694 NW Fairview Dr, Gresham, OR 97030, USA (360)
Oregon Trail Center 2083 NE Burnside Rd, Gresham, OR 97030, USA (833) 800-4343
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
GRESHAM UTILITIES
Emergency Police/Medical/Fire 911
Poison Control (800) 222-1222 www.aapcc.org
United States Postal Service (800) 275-8777 www.usps.com
Northwest Natural Gas (800) 422-4012 www.nwnatural.com
Portland General Electric (503) 228-6322 www.portlandgeneral.com
City of Gresham Sewer Provider (503) 618-2373
www.greshamoregon.gov/utilities
City of Gresham Water Provider (503) 618-2373 www.greshamoregon.gov/utilities
Waste Management (800) 808-5901 www.wm.com
Gresham/Barlow School District (503) 661-7200 www.reynolds.k12.or.us
CHANGE OF ADDRESS
USPS
Below is the website if you would like to change your address online or you can visit your local post office, they will provide you with the change of address packet. https://moversguide.usps.com
Benefits you will receive when you change your address online are:
Exclusive mover savings coupons
Safe and secure with identity verification by a simple $1.00 charge to your credit or debit card
Email confirmation at the end of registration of your change of address
* Must have valid email address and credit card to register online.
AUTO REGISTRATION AND DRIVER LICENSING
Below is the website if you would like to change your address online or you can visit your local DMV office.
Oregon Department of Transportation DMV Services 1905 Lana Avenue NE Salem, OR 97314-0100
www.oregondmv.com/oregon/index.htm
General DMV Information Contact: 503-299-9999
VOTERS REGISTRTION
TO REGISTER TO VOTE, YOU MUST BE:
A citizen of the USA
A resident of Oregon
A Legal Resident of Oregon State at least 18 years of age on or before the next election.
HOW TO REGISTER
To register to vote online you will need an Oregon driver's license, permit or ID card number issued by the Oregon Driver and Motor Vehicle Services Division (DMV).
If you do not have an Oregon driver's license, permit or ID card, you can still use the online voter registration application. The information you enter will display on a voter registration card (PDF document) that you will need to print, sign and deliver to your county elections office to complete your registration.
REGISTRATION DEADLINE
A new registrant must submit their online registration by 11:59:59 p.m. Pacific Time on the 21st calendar day before an election to be eligible to vote in that election.
CHANGE OF ADDRESS
If you move to a new county, you must complete a new voter registration, otherwise you must request a transfer of your registration.
Clackamas County Voter Registration: 503-655-8510
Multnomah County Voter Registration: 503-988-3720
Washington County Voter Registration: 503-846-5800
www.oregonmetro.gov 6161 NW 61st Ave. Portland, OR
Metro South (503) 234-3000 www.oregonmetro.gov 2001 Washington St. Oregon City, OR
Clackamas County (503) 668-8885 www.wmnorthwest.com 19600 SE Canyon Valley Rd. Sandy, OR
VOTER REGISTRATION
Clackamas (503) 655-8510
Multnomah (503) 248-3720
Washington (503) 846-5800
WATER BUREAU
Beaverton (503) 526-2257
Clackamas (503) 722-9220
Gladstone (503) 656-5223
Gresham (503) 618-2373
Hillsboro (503) 681-6228
Lake Oswego (503) 635-0265
Milwaukie (503) 786-7525
Oregon City (503) 657-8151
Portland (503) 823-7770
Tigard (503) 639-1554
Tualatin (503) 692-2000
West Linn (503) 656-4261
Wilsonville (503) 682-1011
CYBER SECURITY
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.
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?
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 Lender
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
The Escrow Agent
Clears Title
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 DISCLAIMER:Thisflyerisnotintendedtobeanall-inclusivelistoffeesand
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
2105 NE 129th St. Ste. 107 Vancouver, WA 98686 360-314-1818
VANCOUVER MALL 5101 NE 82nd Ave. Ste. 102 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 9 10 11 4 8
LLOYD/COMMERCIAL
700 NE Multnomah St. Ste. 190 Portland, OR 97232 503-230-8488
DOWNTOWN VANCOUVER 101 E 6th St. Ste. 125 Vancouver, WA 98660 360-314-0300
This week the median list price for Gresham, OR 97080 is $569,000 with the market action index hovering around 78. This is less than last month's market action index of 85. Inventory has increased to 59.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Real-Time Market Profile
Median List Price
$569,000 Median Price of New Listings $535,900 Per Square Foot $282
Days on Market 32
Strong Seller's Market
The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Market Segments
Strong Seller's Market
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 generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We'll need to see a persistent shift in the Market Action Index before we see prices across the board move from these 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.
Inventory
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
Market Action Index
The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Market 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 40 days. Half of the listings have come newly on the market in the past 13 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.
Personalized. Secure. Transparent. SIMPLIFYING YOUR JOURNEY TO A SUCCESSFUL CLOSING
WFG’s MyHome® provides full transparency, real-time updates, and post-closing home information in a secure web environment. It is fully responsive, mobile-first and built with YOU in mind.
Sign up for an account at https://myhome.wfgtitle.com today!
Click Register for MyHome® account on a MyHome® email notification or go directly to https://myhome. wfgtitle.com
Confirm email for immediate access. 1 2 3
Complete a brief registration form. Use your email address on file with WFG, and have your escrow number handy.
• Instant access to essential file details
• Contact information for all parties involved
• In-depth Knowledge Center
• Timeline view of the entire escrow process
• Real-time updates via text, email, or personalized dashboard
• Complete forms needed for your transaction
• Upload documents to your escrow team
• Explainer videos for each milestone
• Access on desktop, tablet or mobile
CONSUMER EXPERIENCE TIMELINE
TRANSACTION CLOSED GATHER UP
Notification sent one day after transaction is marked recorded.
TRANSACTION STARTED
Notification is sent five days after Title is cleared.
Notification is sent after Title Report is completed.
Notification is sent after Title Report is completed.
MIDPOINT FEEDBACK
Invitation to provide feedback and rate your experience. Sent 3 days after transaction closed.
Notification is sent to both Buyer and Seller.
All notifications include a link that can be used for registration and access to your MyHome® dashboard post registration.
Notification is sent once all title curative items are received and ready for closing.
Notification is sent 15 days after Title Report is completed.
® notifications start triggering to the Client once the order has been opened.
Notification is sent when earnest money is received by Escrow.
MyHome
Contact us to schedule a demo or sign up for an account.
