Category Archives: Real Estate

Real Estate Pre-License Study Video: Understanding the Escrow Process

Questions and answers about a real estate escrow By Jeff Sorg, OnlineEd Blog (August 27, 2019) (PORTLAND, Ore.) OnlineEd – What is escrow? Why is escrow important for real estate transactions? Who opens the escrow? When is escrow closed? Find out the answers to these and other questions by watching this informative study video designed to […]

FHA Issues Rule to Include Approval of Individual Units in Non-Approved Condo Projects

FHA responds to the market By Jeff Sorg, OnlineEd Blog (August 22, 2019) To promote homeownership, especially among credit-worthy first-time buyers, the Federal Housing Administration (FHA) published its long-awaited final regulation, and policy implementation guidance, which establish a new condominium approval process. That provides for comprehensive revision to FHA condominium project approval policy. The new policy […]

Home Value Appreciation Has Slowed Each Month This Year

Annual home value appreciation decreased for the seventh straight month in July By Jeff Sorg, OnlineEd Blog (August 16, 2019) SEATTLE, Aug. 16, 2019 /PRNewswire/ — U.S. home value growth continues to slow, according to the July Zillow® Real Estate Market Reporti. The typical U.S. home is worth $229,000, up 5.2% from a year ago – this is the smallest […]

Why Oregon Realtors® Have No Business Being Involved in FIRPTA

” . . . this should be in the form of a joint seller/buyer instruction to escrow; let them do the job they are paid to do.” By Jeff Sorg, OnlineEd Blog (August 14, 2019) (PORTLAND, Ore.) Jeff Sorg – The disposition of a U.S. real property interest by a foreign person is subject to the […]

Categories: Real Estate

Report for Residential Construction Activity in June 2019

Building permits, housing starts, and housing completions report By Jeff Sorg, OnlineEd Blog (July 17, 2019) (Wahington) US Dept. of HUD – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for June 2019. Building Permits Privately-owned housing units authorized by building permits […]

Starting Today, Portland Home Sellers Can Request a Cash Offer From Zillow

Zillow Now Buying and Selling Homes in Portland By Jeff Sorg, OnlineEd Blog (July 15, 2019) (PORTLAND, Ore.) July 15, 2019 /PRNewswire/ — Starting today, home sellers in the Portland, Oregon metro — including Vancouver, Wash. — can use Zillow Offers to request a cash offer from Zillow to buy their home. Portland is the twelfth market where Zillow now directly buys homes – […]

Oregon Real Estate Transaction Law for Domestic Well Water Testing

“The seller of the real estate shall, upon accepting an offer to purchase that real estate, have the well tested.” By Jeff Sorg, OnlineEd Blog (June 28, 2019) (PORTLAND, Ore.) OnlineEd – Oregon requires testing of domestic well water during a real estate transaction. This requirement is often referred to as the Real Estate Transaction Law […]

Risk Anticipation Practices for the Real Estate Broker

It is essential for the broker to develop strategies to recognize and avoid problems that might occur instead of dealing with them after they occur. By Jeff Sorg, OnlineEd Blog (June 27, 2019) (PORTLAND, Ore.) OnlineEd – Risk anticipation for the real estate broker relies on the ability to identify problems that might eventually happen with a […]

Categories: Real Estate

OnlineEd Launches Free Oregon Real Estate Forms Course on Seller Carried Financing

Join OREF Forms Committee legal counsel, Alan Brickley, as he goes in-depth to explain seller carried financing issues.  By Jeff Sorg, OnlineEd Blog (June 25, 2019) (PORTLAND, Ore.) OnlineEd – OnlineEd, Inc. and Oregon Real Estate Forms, LLC (OREF) have launched a new mid-year OREF course called Seller Carry Issues. Course presenter, Alan Brickley, served as […]

U.S. Home Values Fall for the Second Straight Month

Home values grew 5.4% annually, down from 7.5% annual growth a year earlier OnlineEd Blog (June 25, 2019) SEATTLE, June 25, 2019 /PRNewswire/ — U.S. home values dropped for the second month in a row, according to the May Zillow® Real Estate Market Reporti. The typical U.S. home is worth $226,800, down 0.1% from a month earlier. Home values […]

Categories: Real Estate