The Real Estate
Encyclopedia: P-T

Shadow inventory sounds sinister, and it certainly may feel that way if your own home is involved. Shadow inventory refers to residential properties that are often distressed or in foreclosure that are likely to enter the real estate market but are not currently...

A soft second loan is a second mortgage used to help a homebuyer cover the down payment, closing costs, or part of the purchase price. It is called "soft" not because it is physically squishy, of course, but because it is very flexible; the repayment terms are usually...

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 financial...

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 celebrations. A two-step mortgage...

"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 industrial purposes. However,...

"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 property...

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...

Beginning July 1, 2025, Oregon requires most individuals who engage in residential property wholesaling to either hold an Oregon real estate license or register with the Oregon Real Estate Agency as a Residential Property Wholesaler. This requirement was created by...

Where can I find property ownership records in Multnomah County, Oregon or in Portland, Oregon? Great question! The websites you want are:https://multcoproptax.comhttps://www.portlandmaps.comBoth of these are great resources for checking on who owns any property in...

Profit à Prendre is a legal right that allows one person to enter another person's land and remove part of the land or its natural resources. Unlike an easement, which grants only the right to use another's property, a profit à prendre permits the holder to take...