County Name: Clackamas
APN / Parcel Number: 00349126
Current Ownership: Kevin & Melissa Farin
Site Address: 19211 SW Terry Ave, Lake Oswego OR 97035
Mail Address: 19211 SW Terry Ave, Lake Oswego OR 97035
*Owner Occupied
Tract / Subdivision: / Rivergrove Acres
Census Tract / Block: 020401 / 3037
Lot / Block: 11
Twn / Rng / Sec / Qtr: 02S / 01E / 19 / NW
Brief Legal Description: 866 RIVERGROVE AC LT 11
Sale Recording Date: 02/05/2015
Vesting: Individual(s) Purchase
Buyer Name(s): Kevin L Farin and Melissa C Farin
Beds: 4
Stories: 1
School District: Lake Oswego Watershed: Fanno Creek-Tualatin River
Sentry Dynamics, Inc and its customers make no representations, warranties or conditions, express or implied, as to the accuracy or completeness of information contained in this report
Parcel ID: 00349126
SiteAddress: 19211 SW TerryAve
Sentry Dynamics, Inc and its customers make no representations, warranties or conditions, express or implied, as to the accuracy or completeness of information contained in this report
Exception
No Exemptions Found
09/11/2019 09/11/2019 15:11:00 The situs address has changed by LESLIESOS
02/21/2019 02/21/2019 16:07:00 The situs address has changed by LESLIESOS
02/05/2015 02/11/2015 13:00:00 Recording Processed Property Transfer Filing No.: 273848, Warranty Deed, Recording No.: 2015-006068 02/05/2015 by AMANDAOLS
02/05/2015 02/11/2015 13:00:00 Taxpayer Changed Property Transfer Filing No.: 273848 02/05/2015 by AMANDAOLS
07/01/1999 07/01/1999 12:00:00 Ownership at Conversion Conversion deed: 73-23761, , $ 0
Assigned School
Primary School: River Grove Elementary School
Middle School: Lakeridge Middle School
High School: Lakeridge High School
Primary School
River Grove Elementary School 1
Middle School
Lakeridge Middle School 2
High School
Lakeridge High School 3
Other School
1. River Grove Elementary School
Distance: 0.22 mile(s)
Address: 5850 Sw Mcewan Rd District: Lake Oswego Sd 7J Type: 1-Regular school
Charter: No
Title 1 Elig: 1-Yes
Male / Female: 180 / 162
2. Lakeridge Middle School
Students: 342
Title 1: 5-Title I schoolwide school Grade Levels: Kindergarten - 5th Grade
0.92 mile(s)
Address: 4700 Sw Jean Rd District: Lake Oswego Sd 7J Type: 1-Regular school
Charter: No Magnet: Students: 827
Title 1 Elig: 2-No
Male / Female: 457 / 367
3. Lakeridge High School
Title 1: 6-Not a Title I school
Levels: 6th Grade - 8th Grade
2.36 mile(s)
Address: 1235 Sw Overlook Dr District: Lake Oswego Sd 7J Type: 1-Regular school
Charter: No
Title 1 Elig: 2-No
Male / Female: 621 / 561
1,198
Title 1: 6-Not a Title I school Grade Levels: 9th Grade - 12th Grade
The property owner (Seller) initiates a contract, or a listing agreement, with a licensed Real Estate Agent.
Property owner (Seller) enters into a purchase contract, typically referred to as an Earnest Money Agreement, with a Buyer.
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As part of the purchase contract, Seller agrees to purchase a title insurance policy for the Buyer and both agree to close the transaction with a licensed escrow company. In Oregon, most title insurance companies also offer escrow services to facilitate a convenient “one-stop” approach to closing real estate transactions.
An escrow is a neutral third party depository for legal documents and funds necessary to complete a real estate transaction. The escrow agent will disburse funds and record documents for the proper recipients according to their written instructions.
What title insurance and escrow costs are incurred in a real estate sale?
The fee for escrow services is based on the sales price of the property. This fee is typically split equally between the Seller and Buyer. However, Buyers should check with their lenders if financing is involved because some federally insured lending programs do not allow borrowers to pay this fee. The Seller typically pays for a standard owner’s policy of title insurance which names the Buyer as the insured. Charges for this policy are based on the sales price of the property. The Buyer typically pays for a lender’s policy of title insurance and any required endorsements if s/he is obtaining a new loan to purchase the property. Charges for this policy are based on the loan amount.
What services does an escrow agent perform on behalf of the Seller and Buyer?
• Upon opening of escrow, escrow agent will order a preliminary title report, which will be sent to all interested parties involved in the transaction. The report will detail the current ownership, liens and encumbrances of the property.
• Closing statements will be prepared for each party, showing all credits and debits. The escrow agent will schedule appointments for all parties to sign their final necessary documents, including any funds needed to be deposited, to complete the transaction.
• Signed loan documents are returned to the Lender, for final review and funding approval.
• Recordable documents are released to the County Clerk’s office for recording.
• Once recorded, all funds are disbursed per written instructions.
• Final title policies are issued to the insured parties.
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Receive and review Earnest Money Agreement and Broker’s instructions.
Open escrow. Order title report.
Determine financing.
Information gathering from Buyer and Seller.
Receive title report. Send copies to all parties in the transaction.
Resolve any title issues. Order any payoff demands.
Review file. Are conditions satisfied? Contingencies removed?
Prepare closing statement, closing instructions and transfer deed
Obtain signatures on all escrow and loan documents. Collect any funds due from Buyer and/or Seller
Record applicable documents with the County Recorder's office.
Close file. Prepare final statements. Disburse funds.
Forward final documents to all interested parties - Buyer, Seller, Real Estate Agents, Lender, Broker, Attorney, etc.
Notify Escrow with name of new lender and loan officer.
Send title report to lender.
Notification of final loan approval. Are repairs complete?
Deliver Seller & Buyer Closing Disclosures. Buyers’ consummation 3-6 days.
Loan documents delivered to escrow.
Return loan documents for final approval to fund and record.
Order loan funds.