The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.
307 NE ROSETREE DR SUBLIMITY OR 97385
329577
MARION COUNTY OR
Owner Information
Owner Name: MACK LARRY B / MACK JOSI J
Vesting:
Mail Address: 307 NE ROSETREE DR SUBLIMITY OR 97385
Owner Status: OwnerOccupied
Location Information
Legal Desc: COUNTRY PINE ESTATES IN SUBLIMITY LOT 13 ACRES 0.25
County: MARION Alt Parcel # 081W35BC04200
Census/Block: 010702 / 3015
Tsp-Rng-Sec: T08S-R1W-S35
School District: NORTH SANTIAM 29J
Municipality:
Lot / Block: Lot: 13 Block: Parcel #: 329577
Housing Tract: COUNTRY PINE ESTATES IN S
Last Market Sale
Date: 2014-09-17/2014-09-15
Lender: RESIDENT LNDG GRP INC
Sale Price: 345100 Loan: 310500
Document #: Document #:
Doc Type: GENERAL WARRANTY DEED Loan Type: CONVENTIONAL
$ Sqft: $103.14 Loan Term: 30
Prior Sale Information
Date: 2002-09-03/2002-09-02
Price: 269210
Lender:
Loan: 264205
Document #: Document #:
Doc Type: DEED Loan Type: CONVENTIONAL
The above is believed to be accurate, but is not guaranteed. Copyright © 1995-2023 CDS Marketing, Inc.
329577
MARION COUNTY OR
Property Characteristics
Gross Area: 4245
Living Area: 3346
Above Grade: 4,245
Garage Area: Interior Wall
Roof Shape:
Foundation:
Porch Type:
Patio Type:
Bedrooms: 3 Roof Material: COMPOSITION ROLL Air Cond: CENTRAL
Bath (F/H): 1/1
Construction:
Fixtures:
Fireplace: Heat Type: FORCED AI Floor:
Year Built: 2002
Parking Type: Garage
Units: 1
Cooling Type: CENTRAL
Exterior Wall:
Rooms: 1
Equipment:
Stories: 2
Pool: No
Basement: Quality: Condition:
Property Information
Land Use: SFR County Use: RESIDENTIAL IMPRO State Use: RESIDENTI
Zoning: R-1
0.25
Len/Wid: /
The above is believed to be accurate, but is not guaranteed. Copyright © 1995-2023 CDS Marketing, Inc.
The above is believed to be accurate, but is not guaranteed. Copyright © 1995-2023 CDS Marketing, Inc.
The above is believed to be accurate, but is not guaranteed. Copyright © 1995-2023 CDS Marketing, Inc.
307 NE ROSETREE DR SUBLIMITY OR 97385
329577
MARION COUNTY OR Elementary Schools
North Santiam Sd 29j
Sublimity Elementary School
431 Main St Sublimity OR 97385
Grades: KG to 08
Charter School: N Magnet School: U
Stayton Elementary School
875 N 3rd Stayton OR 97383
Grades: KG to 03
Charter School: N Magnet School: U
Middle Schools
Stayton Middle School
1021 Shaff Rd Stayton OR 97383
Grades: 04 to 08
Charter School: N Magnet School: U
North Marion Middle School
20246 Grim Rd Ne Aurora OR 97002
Grades: 06 to 08
Charter School: N Magnet School: U
High Schools
Stayton High School
757 W Locust St Stayton OR 97383
Grades: 09 to 12
Charter School: N Magnet School: U
North Marion High School
20167 Grim Rd Ne Aurora OR 97002
Grades: 09 to 12
Charter School: N Magnet School: U
503-769-2459
Area Desc:
Distance: 0.27 Miles
Title One: NO
503-769-2336
Area Desc:
Distance: 2.26 Miles
Title One: SWP
503-769-2198
Area Desc:
Distance: 1.64 Miles
Title One: NO
503-678-7118
Area Desc:
Distance: 26.38 Miles
Title One: NO
503-769-2171
Area Desc:
Distance: 2.22 Miles
Title One: NO
503-678-7124
Area Desc:
Distance: 26.14 Miles
Title One: NO
Your assigned school should be the first school in each category, but it is recommended you check with the district or school.
The above is believed to be accurate, but is not guaranteed. Copyright © 1995-2023 CDS Marketing, Inc.
2,068
SUPERINTENDENT: Lee Loving | 1155 N 3rd Ave, Stayton 97383 | 503-769-6924
Grades K-2
REGULAR
Students who attended more than 90% of their enrolled school days. 66%
Grade 3
Students meeting state grade-level expectations. 40%
Grades 3-8
Year-to-year progress in English language arts and mathematics. Data not available in 2021-22
Grade 8
Students meeting state grade-level expectations.
Grade 9
Students earning one-quarter of graduation credits in their 9th grade year. 82% Oregon average
District Goals
District Goals
Ensure that each student has the opportunity to achieve excellence through measurable progress and personal growth each year
Provide sustainable quality facilities and promote positive school climates
Promote student and staff involvement in the community and involve the community in our schools
Recruit, develop, value and retain high-quality staff
We Change Kids' Lives.. Through a Commitment to Excellence, Integrity, Equity and Community Engagement.
State Goals
Grade 12
Students earning a diploma within four years. Cohort includes students who were first-time ninth graders in 2017-18 graduating in 2020-21
85% Oregon average 81%
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.
www.oregon.gov/ode/schools-and-districts/reportcards/reportcards/Pages/Accountability-Measures.aspx
Our Staff (rounded FTE)
11 Administrators
130 Teachers
43 Educational assistants
4 Counselors
0 Licensed Librarians
0 Psychologists
73%
% of licensed teachers with more than 3 years of experience
American Indian/Alaska Native <10 students or data unavailable
Asian <10 students or data unavailable
Black/African American <10 students or data unavailable
Islander <10 students or data unavailable
<10 students or data unavailable
<10 students or data unavailable Students in Foster Care <10 students or data unavailable Talented and Gifted <10 students or data unavailable
64% Non-Binary <10 students or data unavailable
American Indian/Alaska Native <10 students or data unavailable
Asian <10 students or data unavailable
Black/African American <10 students or data unavailable Hispanic/Latino 9%
Multiracial <10 students or data unavailable Native
Islander <10 students or data unavailable
Migrant <10 students or data unavailable
Homeless <10 students or data unavailable
Students in Foster Care <10 students or data unavailable
Talented and Gifted <10 students or data unavailable Female 12%
24% Non-Binary <10 students or data unavailable
PRINCIPAL: Ryan Westenskow | GRADES: K-8 | 431 Main St, Sublimity 97385 | 503-769-2459
Students who attended more than 90% of their enrolled school days.
Year-to-year progress in English language arts and mathematics.
Students meeting state grade-level expectations.
Data not available in 2021-22
Students meeting state grade-level expectations.
Student learning is our school’s number one priority. We promise to deliver academic excellence to our students daily. We want to ensure that every student is inspired to learn and empowered to excel to become life-long learners and positive community members. Our goals for the 202223 school year are to increase student academic performance and growth, to support the social emotional learning of all students and to begin implementation of a school-wide AVID program.
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.
Sublimity School promotes a school climate that is safe, supportive and respectful. Students are motivated and engaged in learning. Each student's self-esteem is nurtured by positive relationships with other students and staff. The school has a core instructional program with qualified teachers, a challenging curriculum, and high standards and behavior expectations for all. Our staff model these expectations and recognize students who exhibit the. There is mutual respect and collaboration among parents, families and school staff.
Our
85%
87% Same
Sublimity is a Positive Behavioral Intervention and Supports school and is proactive with our behavior program. PBIS is utilized so students increase academic performance, decrease problem behavior, and establish a positive school culture. Services are available to students with disruptive behaviors. Assistance includes, but not limited to, one on one or small group support with a behavior specialist to help the student be successful on a day to day basis. The building administrator is also available to help with accessing this program.
All reports of bullying/ harassment are investigated thoroughly. In addition to staff reporting, our school subscribes to Safe Oregon. Students can report incidences of bullying and/or harassment anonymously.
Sublimity School performs drama productions as well as music concerts in the winter and spring. Our middle school students have the opportunity to participate in Fall, Winter, and Spring Sports which include: (Football, Volleyball, Cross Country, Wrestling, Dance, Basketball, and Track) sponsored through our school. Santiam Youth Sports organizes sports for all kids in grades K-5 in every season. We also offer choir to our fourth through eighth grade students. We have a very active ASB Student Government group that demonstrates leadership skills.
At Sublimity we believe that parent/family engagement in schools improves student achievement, reduces absenteeism, and creates collaboration in their children's education. Students with involved families earn higher grades and test scores, have better social skills, and show improved behavior. We love to work together to support and improve the learning and development of our kids. Parents are encouraged to be involved in their children's education by attending things such as Open House, parent/teacher conferences, music programs, parent education nights, sporting events, joining our Parent Teacher Club, and volunteering at school. Parents are the first and most important educator in their children’s lives and we value their input and involvement.
Community engagement is a two-way street where the school and the community actively work together, creating shared responsibility for student success. It is a tool that promotes and strengthens communities to support young peoples’ full development. We partner with local businesses/organizations to support our students with such activities as: Adopt a Grandparent Program in conjunction with the Marion Estates Retirement Center, Toys for Tots Holiday Toy Drive with the local fire department, Grandparent’s Day Lunch, Community and School Food Drive with the local Food Bank, and we invite the entire community to all school activities.
Students who attended more than 90% of their enrolled school days.
Students earning one-quarter of graduation credits in their 9th grade year.
Students earning a diploma within four years. Cohort includes students who were first-time ninth graders in 2017-18 graduating in 2020-21
Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2016-17 finishing in 2020-21
Students enrolling in a two or four year college within 16 months of completing high school in 201920. Data from the National Student Clearinghouse.
Our school goals are focused around our mission to empower all students for life. We do this by focusing on relationships with and among students, maintaining high expectations academically and behaviorally, and expecting active participation both in class and in our school community. Our school leadership team and our curriculum teams focus on data to understand our current reality and develop strategic steps for growth. We prioritize high-level instructional practices.
93% Oregon average 88%
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.
52% Oregon average 56%
Stayton High School is fortunate to receive unparalleled support by parents, local businesses, and our Boosters—we are a community school, striving to ensure that all students and visitors on our campus feel comfortable. Our teachers receive training in culturallyresponsive instruction, we coordinate with Stayton Police Department for safety drills, and we utilize Safe Oregon as a means for our students to confidentially report instances of harassment and other concerns.
72% Same
Our students have the option of enrolling in a variety of excellent CTE courses, and to engage in activities including medical coursework and building a residential home. There are CTE pathways that are recognized at graduation:
· Manufacturing and Construction
· Biomedical Science
· Agriculture
· Business
· Criminal Justice
· STEM
· Education
Our school offers several extracurricular activities and clubs for students:
· National Honors Society
· FBLA (Business)
· FFA (Future Farmers of America)
· SKILLS USA (Manufacturing)
· Leadership (ASB)
· Robotics Club/competitions
· Gaming Club
· Writing Club
· Art Club
Our school also offers OSAA Athletics. Visit our school website for more details.
In addition to strong and well-received communication through our NSSD app and other sources, our school works to connect students and the school to the community in a variety of ways:
· 8th Grade Night
· Homecoming and other athletic events
· Drama Productions
· Choir and Band performances
· Community involvement/collaboration around CTE programs
· Interview Fair
· Parent Nights
· Parent Conferences
· College Application Week events
· AVID parent nights
www.oregon.gov/ode/schools-and-districts/reportcards/reportcards/Pages/Accountability-Measures.aspx
2,967 $49,034 47.6 47.1% 52.9%
HOUSING
· 68.18% of homes owner occupied
· 31.82% of homes rented
POPULATION DENSITY
· 2,882.8 inhabitants per sq. mile
· 1,142 housing units at an average density of 1,228 per sq. mile
AGE DEMOGRAPHIC
· 21.6% under age 18
· 5.6% between ages 18 to 24
· 18.8% between ages 25 to 44
· 24.9% between ages 45 to 64
· 29% above age 65
CITY QUICK FACTS
· 0.93 square miles
· 551 feet elevation
· Incorporated in 1903
· Highest Average Temperature 86º
· Lowest Average Temperature 35º
The Sublimity area before 1840 was a vast forest, interspersed by Indian trails and sparkling
307 NE ROSETREE DR SUBLIMITY OR 97385
329577
MARION COUNTY OR
The above is believed to be accurate, but is not guaranteed. Copyright © 1995-2023 CDS Marketing, Inc.
329577
MARION COUNTY OR
329577
MARION COUNTY OR
Places of Religion
The above is believed to be accurate, but is not guaranteed. Copyright © 1995-2023 CDS Marketing, Inc.
is totally optional!
Use Updater to:
Forward USPS mail
Reserve a mover online
Update your accounts
Connect utilities
Hook up home services
Search move-in special offers
Share moving announcements with friends & family
For more information on Updater, visit; https://wfgoregon.updater.com/sign-up
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.
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
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.
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.
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.
If you move to a new county, you must complete a new voter registration, otherwise you must request a transfer of your registration.
Marion County Voter Registration: 503-588-5041
UTILITIES
Electric NWNaturalGas
WaterDistrict
SewerDistrict
GarbageProvider
Cable/Satellite
Fuel(Propane)
PhoneServices
Internet
BanksandCreditUnions
CreditCardCompanies (includingdepartmentstorecreditcards)
Lenders
(Mortgage,HomeEquity,Auto,StudentLoans)
InsuranceCompanies
(Health,Renters,Auto,Home,Medical,Dental,Disability,Life)
Retirement
(Pensionplans,401K,SocialSecurity,VeteransAffairs)
Investments(InvestmentAgenciesandBrokers)
OnlineBillPayer
Paypal
USPostOffice
DepartmentofMotorVehicles
(Obtainyourdriver’slicenseandchangevehicleregistration)
IRS
PassportOffice
VeteranAffairs
UnemploymentOffice
(Ifyouarecurrentlyreceivingunemploymentbenefits)
HEALTH
Physician
Pharmacies
SERVICE PROVIDER
Childcare
Housecleaning Services
Delivery Services
Lawn Care Services
Veterinarian Pool Service
Health Clubs
Membership Clubs(AAA or similar)
Community Groups (PTA, Neighborhood Associations, Civic Clubs)
Children’s Extracurricular Activities (Dance Classes, Music Lesson, Sports Clubs)
SUBSCRIPTIONS
Newspapers
Magazine(USPS will only forward 2 months)
Movie Subscriptions
Book or Music Clubs
OTHER
Friends and Family
Employers (typically notify the HR Department)
InventorySheets:Createaninventorysheetofallyour belongingswhichneedtobemoved
ResearchMovingOptions:You’llneedtodecideifyoursisa do-it-yourselfmoveorifyou’llbeusingamovingcompany. RequestMovingQuote:Solicitmovingquotesfromasmany movingcompaniesandmoversaspossible.Therecanbea largedifferencebetweenratesandserviceswithinmoving companies.
DiscardUnnecessaryItems:Movingisagreattimefor riddingyourselfofunnecessaryitems.Haveayardsaleor donateunnecessaryitemstocharity. PackingMaterial:Gathermovingboxesandpacking materialforyourmove.
ContactInsuranceCompanies:You’llneedtocontactyour insuranceagenttocancel/transferyourinsurancepolicy.
YourChangeofAddress:Changeyouraddresswiththe USPS,DMV,FinancialInstitutions,Utilities,Government Offices,HealthCareServiceProviders,Memberships, SubscriptionsandInsuranceProvisions.
BankAccounts:Transferorclosebankaccountsifchanging banks.Makesuretohaveamoneyorderforpayingthe movingcompany.
ServiceAutomobiles:Ifautomobilesaretobedrivenlong distance,you’llwanttohavethemservicedsoyouhavea trouble-freedrive.
CancelServices:Notifyanyremainingserviceproviders (newspapers,lawnservices,etc.)ofyourmove.
TravelItems:Setasideallitemsyou’llneedwhiletraveling. Makesurethesearenotpackedonthemovingtruck.. ContactUtilityCompanies:Setutilityturnoffdate,seek refundsanddepositsandnotifythemofyournewaddress.
StartPacking:Beginpackingallthingsdestinedforyournew location.
ObtainYourMedicalRecords:Contactyourdoctor,physician, dentistandothermedicalspecialistswhomaycurrentlybe retaininganyofyourfamily’smedicalrecords.Obtainthese recordsormakeplansforthemtobedeliveredtoyournew medicalfacilitiesifchanging.Securityiscriticalofpersonal records.
NoteFoodInventoryLevels:Checkyourcupboards, refrigeratorandfreezer.Useupasmuchofyourperishable foodaspossible.
SmallEngines:Servicesmallenginesforyourmoveby extractinggasandoilfromthemachines.Thiswillreduce thatchancetocatchfireduringyourmove.
ProtectJewelryandValuables:Transferyourjewelryand valuablestoasafetydepositbox;youdon’twantthemtobe lostorstolenduringyourmove.
BorrowedandRentedItems:Returnitemsthatyoumay haveborrowedorrented.Collectitemsborrowedtoothers.
PlanYourItinerary:Makeplanstospendtheentiredayat thehouseoratleastuntilthemoversareontheirway. Someonewillneedtobearoundtomakedecisions.Make plansforkidsandpetstobeatasittersfortheday. ReviewtheHouse:Oncethehouseisempty,checkthe entirehouse(closets,attic,basement,etc.)toensureno itemsareleftornohomeissuesexist.
DoubleCheckWithYourMover:Ensurethemoverhasthe newpropertyaddressandallofyourmostrecentcontact information,shouldtheyhaveanyquestionsduringyour move.
VacateYourHome:Makesureutilitiesareoff,doorsand windowsarelockedandnotifyyourrealestateagentyou’ve vacatedtheproperty.
QuestionsToAsk:Whereisthegaragedooropener?Where arethekeystothehouse,mailboxandotherlockablearea? Didyouretrieveallkeysfromneighborsandfriends?
AIRPORT
Portland International Airport (877) 793-4690
www.flypdx.com
AUTO & DRIVER REGISTRATION
DMV (503) 945-5000
www.odot.state.or.us/dmv/
BUS SERVICE
Bus Schedules/Information Cherriots(SALEM)
503-588-2877
Greyhound (800) 231-2222
www.greyhound.com
CABLE TV & INTERNET
XFINITY (Comcast) (888) 824-8264
www.comcast.com
Country Cablevision LTD (Salem)
503-588-8247
Uvision / Willamette Broadband (Stayton)
503-767-4443
Willamette Broadband (Woodburn)
503-982-4085
COUNTY AND GOVERMENT CONTACTS
Adult Family Services
503-378-2731
Better Business Bureau
503-226-3981
COUNTY AND GOVERMENT CONTACTS CONTINUED
Business Information
503-986-2222
Children Services
503-378-6704
Consumer Affairs
503-378-4320
Marion County
503-588-5037
National Guard
503-623-2478
Social Security
800-234-5772
State Police
503-378-3720
ELECTRICITY
Pacific Power (888) 221 7070
www.pacificpower.net
Portland General (800) 542-8818
www.portlandgeneral.com
GARBAGE COLLECTION
Capitol Recycling & Disposal
503-363-8890
D & O Garbage Service 503-363-7923
Pacific Sanitation, Inc.
503-393-1031
N. Marion Recycling & Disposal
503-463-1831
Santiam Sanitary Service Inc.
503-749-1055
HOSPITALS
Salem Health Salem Hospital (503) 561-5200
www.salemhealth.org
NATURAL GAS
NW Natural (800) 422-4012
www.nwnatural.com
FERRELLGAS
503-363-3445
AMERIGAS
503-585-6723
NEWSPAPERS
The Oregonian (503) 221-8240
www.oregonlive.com
SCHOOLS
Salem Keizer School District 24-J
503-399-3000
www.salemkeizer.org
SHOPPING
Salem Center (503)-364-0495
www.salemcenter.com
Woodburn Outlets (888) 664-SHOP
Willamette Town Center (503) 585-1338
www.willamettetowncenter.com
TELEPHONE SERVICE
Verizon (800) 483-4100 www.verizon.com
AT&T (800) 288-2020 www.att.com
Qwest 800-244-1111
GTE Northwest 800-483-4100
AUMSVILLE, SILVERTON, TURNER
Gervais Telephone Co
503-792-3611
Stayton Cooperative Telephone Co
503-769-2121
Mt Angel Telephone Co 503-845-2291
Peoples' Telephone Co
503-859-2136
Oregon Telcom
888-588-1888
TRANSPORTATION
Carpool Information 503-371-POOL
Bike Paths/Maps Public Works, Traffic
503-588-6211
Abandoned Autos and Parts Community Service
503-588-6471
Towed Autos / Police Department
503-588-6144
WATER BUREAU CONTINUED
Billing Information Public Works, Customer Service
503-588-6099
New Hookups, Permits Public Works (PAC) 503-588-6211
Service/Repair, Move In/Move Out Public Works, Customer Service 5036-588-6099
Water Conservation Public Works, Customer Service 503-588-6211
24-Hour Message Line 503-361-2212
Sewer Information Permit Application Center 503-588-6211
U.S
VOTER
OTHER INFORMATION Crime Prevention / Police
Graffiti Hotline 503-371-4264
Neighbor to Neighbor Mediation
Burning Information / Fire
Street Tree Info and Problems
Locating/Marking
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:
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.
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.
http://national.wfgnationaltitle.com/2016/04/05/obsess-cyber-security/
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.
OWNERS TITLE INSURANCE Why it's important
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.
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.
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.
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.
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
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
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
DISCLAIMER:Thisflyerisnotintendedtobeanall-inclusivelistoffeesandchargesoneverytransaction,butratheraguidetothemajorcostsofbuyingorselling realproperty. WFGwouldbehappytoreviewandexplainyourclosingcostpriortofinalizingthetransactions.
Anindividualmayholdtitleinhisorhernameonly,regardlessofwhetherornotmarried–e.g.“JaneSmith,an individual”.Thatindividualthenownsallrightstotheproperty,whichcanbesoldortransferredtoothersviawill ortrust.Whileadivorceispending,however,ifthepropertywasacquiredduringthemarriageitwilllikelybe treatedaspartofthemaritalestateandthusbesubjecttocourtauthority.
Aconveyancetoahusbandandwifecreatesatenancybytheentirety–e.g.“JohnSmithandJaneSmith, husbandandwife,astenantsbytheentirety”.Thiscreatesasurvivorshipestate,whichmeansthatifonespouse dies,his/herinterestwillautomaticallygotothesurvivingspouse.Ahusbandandwifemayalsotaketitleas tenantsincommon(discussedbelow)iftheintentiontoholdtitleinthatmannerisexpresslystated.
Unlessaconveyanceexpresslyprovidesthatthepartiesintendtocreateasurvivorshipestate(discussedbelow), aconveyancetotwoormorepersonswhoarenotmarriedcreatesatenancyincommoninwhicheachhas (unlessotherwisestated)anequalundividedinterestintheproperty–e.g.“JohnSmithandRobertJones,as tenantsincommon,eachastoanundivided50%interest”.Eachtenantincommonthenownsanundivided interestintheentireproperty,whichcanbesoldortransferredtoothersviawillortrust.
Twoormorepersonswhoarenotmarriedmayalsoholdtitleastenantsincommonwitharightofsurvivorship, aslongasthesurvivorshipdeclarationisexpresslycontainedinthedeed–e.g.“JohnSmithandRobertJones, notastenantsincommon,butwiththerightofsurvivorship”.Thiscreatesasurvivorshipestate,whichmeans thatifonepartydies,his/herinterestwillautomaticallygotothesurvivorandcannotbesoldduringthelifetime ofortransferredviawillortrustbythepartywhodiesfirst
Registereddomesticpartnersmaytaketitleas(i)tenantsincommon–e.g.“JaneSmithandMaryJones, registereddomesticpartners,astenantsincommon,eachastoanundivided50%interest”,or(ii)ina survivorshipestatesimilartothatofatenancybytheentirety–e.g.“JaneSmithandMaryJones,asregistered domesticpartnerswithrightofsurvivorship”.
Samesexmarriedcouplesmaytaketitleas(i)tenantsincommon–e.g.“JohnSmithandRobertSmith,a marriedcouple,astenantsincommon,eachastoanundivided50%interest”,or(ii)inasurvivorshipestate similartothatofatenancybytheentirety–e.g.JohnSmithandRobertSmith,amarriedcouplewithrightof survivorship,or(iii)astenantsbytheentirety–e.g.“JohnSmithandRobertSmith,amarriedcouple,astenants bytheentirety”.
Aregisteredentity,suchasacorporation,limitedliabilitycompanyorpartnership,mayholdtitle.Titleshouldbe heldexactlyasthenameisregisteredwiththeOregonSecretaryofState–e.g.“Smith&Jones,LLC,anOregon limitedliabilitycompany”.
DISCLAIMER–Theforegoingcontainsinformationalexamplesonlyandisnottobeconstruedaslegaladvice.Giventhecomplexitiesinvolvedinacquiringandholding legaltitletorealproperty,WFGstronglyrecommendsthatyouseeklegaladvicefromanattorneypriortodoingso.
ADMINISTRATIVE 12909 SW 68th Pkwy. Ste. 350 Portland, OR 97223 503-431-8500
CLACKAMAS 9200 SE Sunnybrook Blvd. Ste. 350 Clackamas, OR 97015 503-353-9975
LAKE OSWEGO 5885 Meadows Rd. Ste. 150 Lake Oswego, OR 97035 503-624-4900
LLOYD/COMMERCIAL 700 NE Multnomah St. Ste. 190 Portland, OR 97232 503-230-8488
NW PORTLAND 25 NW 23rd Pl. Ste. 1 Portland, OR 97210 503-219-9088
GRESHAM 1304 NW Civic Drive Gresham, OR 97030 503-512-4910
SUNSET 2430 NW 206th Ave. Ste. 125 Beaverton, OR 97006 503-533-9510
BETHANY 1500 NW Bethany Blvd. Ste. 155 Beaverton, OR 97006 503-850-3990
9 10 11
DOWNTOWN VANCOUVER 101 E 6th St. Ste. 125 Vancouver, WA 98660 360-314-0300
SALMON CREEK 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
Altos Market Report
WFG's My Home
Talking House Tent Cards
CC&R's (if applicable)
The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.
REPORT FOR 6/16/2023
Single-Family Homes
This week the median list price for Sublimity, OR 97385 is $744,450 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has decreased to 4.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Each segment below represents approximately 25% of the market ordered by price.
We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
In the quartile market segments, we see prices in this zip code generally settled at a plateau, although Quartile 2 is on a bit of an up trend 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.
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 has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Three of the four quartiles of this zip code are in the Seller’s Market zone with relatively low amounts of inventory given the current levels of demand. It’s not uncommon that the premium segment of the market takes longer to sell than the rest of the group.
The properties have been on the market for an average of 73 days. Half of the listings have come newly on the market in the past 53 or so days. Watch the 90-day DOM trend for signals of a changing market.
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
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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
Complete a brief registration form. Use your email address on file with WFG, and have your escrow number handy.
Confirm email for immediate access.
• 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 myhome.wfgtitle.com
TRANSACTION CLOSED
Notification sent one day after transaction is marked recorded.
Invitation to provide feedback and rate your experience. Sent 3 days after transaction closed.
CLOSE TO SIGNING
Notification is sent five days after Title is cleared.
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.
UPDATER INVITATION
Notification is sent after Title Report is completed.
Notification is sent once all title curative items are received and ready for closing.
TITLE REPORT DELIVERED
Notification is sent after Title Report is completed.
MIDPOINT FEEDBACK
Notification is sent 15 days after Title Report is completed.
TRANSACTION STARTED
MyHome ® notifications start triggering to the Client once the order has been opened.
EARNEST MONEY
Notification is sent when earnest money is received by Escrow.
Contact us to schedule a demo or sign up for an account.
Our search found no CC&R’s of record for this property. However, no examination of title has been made and WFG National Title assumes no liability.