Participation Financing

Is participation financing like a participation trophy that you get just for trying? Definitely not! Participation financing is a financing arrangement in which two or more lenders or investors share in funding a mortgage loan and participate in the loan’s...

Two-Step Mortgage

Is a two-step mortgage is a type old-timey home loan dance? Well… it depends on how you define “dance.” Unfortunately, this mortgage doesn’t involve a lot of joyous dancing, though after it’s paid off, there may be dancing-related...

RP Residential

“RP Residential” is a property type designation in Portland, Oregon (and in some other jurisdictions) that stands for “Real Property, Residential.” This means that the property is currently used as a residence, and not for commercial or...

RCU Residential, Commercial Use

“RCU Residential, Commercial Use” is a property designation used in Portland, Oregon (as well as in other jurisdictions across the country) to describe a property that has both residential and limited commercial uses, excluding industrial uses. Thus, a...

Timeshare License in Oregon

Beginning January 1, 2026, Oregon offers a new Timeshare Sales Agent License for individuals who want to sell or offer to sell timeshares without obtaining a full real estate broker license. Created by House Bill 2373, the new license is limited in scope and applies...