Beaverton School District promotes a deep sense of belonging while supporting, challenging and inspiring all students to explore their passions, achieve their goals and graduate ready to thrive in their learning and life after high school. To achieve this mission, the district and its schools will implement strategies and track outcomes in four areas: Student Safety and Well-being, Strong Start in Early Learning, Academic Achievement for All, and Supporting Post-High School Success.
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% on-time, four year graduation rate by 2027. 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.
Our Staff (rounded FTE)
OREGON AT-A-GLANCE DISTRICT PROFILE
Beaverton SD 48J
Outcomes
117 Administrators
2,164 Teachers
469 Educational assistants
Counselors
ON-TRACK TO GRADUATE
ON-TIME GRADUATION
Psychologists
Students We Serve
OREGON AT-A-GLANCE SCHOOL PROFILE
Raleigh Park Elementary School
PRINCIPAL: Aki Mori | GRADES: K-5 | 3670 SW 78th Ave, Portland 97225 | 503-356-2500
REGULAR ATTENDERS
Students
ENGLISH LANGUAGE ARTS
MATHEMATICS
School Goals
Beaverton School District promotes a deep sense of belonging while supporting, challenging and inspiring all students to explore their passions, achieve their goals and graduate ready to thrive in their learning and life after high school. To achieve this mission, the district and its schools will implement strategies and track outcomes in four areas: Student Safety and Well-being, Strong Start in Early Learning, Academic Achievement for All, and Supporting Post-High School Success.
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2027. 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.
Safe & Welcoming Environment
WE are committed to providing all of our students and families with safe, caring and inclusive learning environments, free from bullying, intimidation, and harassment. We will not tolerate any form of discrimination and we will take swift action to address concerns. We have a Board Policy (AC) on non-discrimination. We will serve all students and families.
Students in grades 4 - 5 reporting:
· Feeling safe, welcomed, and accepted at school: 81%
· At least one adult at school really cares about them: 85%
Our Staff (rounded FTE) 21
OREGON AT-A-GLANCE SCHOOL PROFILE
Raleigh Park Elementary School
Outcomes
REGULAR ATTENDERS
ENGLISH LANGUAGE ARTS
Teachers 7 Educational assistants
2
Counselors/ Psychologists/ Social Workers
About Our School
BULLYING, HARASSMENT, AND SAFETY POLICIES
Maintaining a safe school environment is a priority of the Beaverton School District. We collaborate with community partners to review and enhance our safety practices, emergency readiness and response. Students in grades 4 and 5 reporting not being bullied at or on the way to or from school: 51%
Anti-bullying curriculum, Positive
Behavioral Interventions and Supports (PBIS)
EXTRACURRICULAR ACTIVITIES
See our website for activities available to students.
PARENT ENGAGEMENT
100% of parents report they are valued as active participants in their child’s education. Parents are their child’s first and most important teacher. We encourage you to stay engaged as your student progresses through their K-12 education. You can help by setting high expectations for your child’s success.
Here are some ways you can ensure your child’s success:
• Attending school is essential to learning
• Volunteer at school, in the classroom or at home
• Make sure to follow your child’s academic progress
• Provide a quiet place to read or study
• Ensure your child gets enough sleep
• Encourage your child to try diverse extracurricular activities
COMMUNITY ENGAGEMENT
WE are very fortunate to have strong community support. We collaborate with parents, community members, faith partners, businesses and non-profits to bring additional resources to support students’ success. We seek diverse community and staff input.
81% of parents report that the school encourages feedback from parents and the community.
Beaverton School District promotes a deep sense of belonging while supporting, challenging and inspiring all students to explore their passions, achieve their goals and graduate ready to thrive in their learning and life after high school. To achieve this mission, the district and its schools will implement strategies and track outcomes in four areas: Student Safety and Well-being, Strong Start in Early Learning, Academic Achievement for All, and Supporting Post-High School Success.
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2027. 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.
Safe & Welcoming Environment
WE are committed to providing all of our students and families with safe, caring and inclusive learning environments, free from bullying, intimidation, and harassment. We will not tolerate any form of discrimination and we will take swift action to address concerns. We have a Board Policy (AC) on non-discrimination. We will serve all students and families.
Students in grade 7 reporting:
· Feeling safe, welcomed, and accepted at school: 43%
· At least one adult at school really cares about them: 72%
Our Staff (rounded FTE)
OREGON AT-A-GLANCE SCHOOL PROFILE
Whitford Middle School
Outcomes
REGULAR ATTENDERS
ENGLISH LANGUAGE ARTS
Teachers 8 Educational assistants
Counselors/ Psychologists/ Social Workers
No
About Our School
BULLYING, HARASSMENT, AND SAFETY POLICIES
Maintaining a safe school environment is a priority of the Beaverton School District. We collaborate with community partners to review and enhance our safety practices, emergency readiness and response.
Students in grade 7 reporting:
· Not being bullied at or on the way to or from school: 44%
· Reports of bullying will be taken seriously and responded to by the school: 30%
Anti-bullying curriculum, Positive Behavioral Interventions and Supports (PBIS)
EXTRACURRICULAR ACTIVITIES
See our website for activities available to students.
PARENT ENGAGEMENT
72% of parents report they are valued as active participants in their child’s education. Parents are their child’s first and most important teacher. We encourage you to stay engaged as your student progresses through their K-12 education. You can help by setting high expectations for your child’s success.
Here are some ways you can ensure your child’s success:
• Attending school is essential to learning
• Volunteer at school, in the classroom or at home
• Make sure to follow your child’s academic progress
• Provide a quiet place to read or study
• Ensure your child gets enough sleep
• Encourage your child to try diverse extracurricular activities
COMMUNITY ENGAGEMENT
WE are very fortunate to have strong community support. We collaborate with parents, community members, faith partners, businesses and non-profits to bring additional resources to support students’ success. We seek diverse community and staff input.
77% of parents report that the school encourages feedback from parents and the community.
Students We
OREGON AT-A-GLANCE SCHOOL PROFILE
Beaverton High School
PRINCIPAL: Andrew Kearl | GRADES: 9-12 | 13000 SW Second St, Beaverton 97005 | 503-356-2830
REGULAR ATTENDERS
Students
Students earning a diploma within four years. Cohort includes students who were first-time ninth graders in 2018-19 graduating in 2021-22
FIVE-YEAR COMPLETION
Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2017-18 finishing in 2021-22
COLLEGE GOING
Students enrolling in a two or four year college within 16 months of completing high school in 202021. Data from the National Student Clearinghouse.
from
School Goals
Beaverton School District promotes a deep sense of belonging while supporting, challenging and inspiring all students to explore their passions, achieve their goals and graduate ready to thrive in their learning and life after high school. To achieve this mission, the district and its schools will implement strategies and track outcomes in four areas: Student Safety and Well-being, Strong Start in Early Learning, Academic Achievement for All, and Supporting Post-High School Success.
State Goals
The Oregon Department of Education is partnering with school districts and local communities to ensure a 90% ontime, four year graduation rate by 2027. 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.
Safe & Welcoming Environment
WE are committed to providing all of our students and families with safe, caring and inclusive learning environments, free from bullying, intimidation, and harassment. We will not tolerate any form of discrimination and we will take swift action to address concerns. We have a Board Policy (AC) on non-discrimination. We will serve all students and families.
Students in grades 9 - 12 reporting:
· Feeling safe, welcomed, and accepted at school: 77%
· At least one adult at school really cares about them: 86%
· Not being bullied at or on the way to or from school: 67%
Our Staff (rounded FTE)
OREGON AT-A-GLANCE SCHOOL PROFILE
Beaverton High School
Outcomes
REGULAR ATTENDERS
TO GRADUATE
Psychologists/ Social Workers
About Our School
ADVANCED COURSEWORK
WORLD LANGUAGE COURSES
Spanish, French, Japanese
HONORS & DUAL -ENROLLMENT COURSES
· Spanish Dual Language Program · 17 Advanced Placement (AP) courses
· Dual credit courses (contact school)
CAREER & TECHNICAL EDUCATION
Career Pathways in: · Health Occupations · Marketing · Digital Media · Education
In 2021-22, 96.8% of CTE Concentrators earned a dipl oma in four years.
EXTRACURRICULAR ACTIVITIES
Students in grades 9-12 reporting participating in at least one extracurricular activity: 70%
See school website for activities available to students.
PARENT & COMMUNITY ENGAGEMENT
Parents, community members, faith partners, businesses and non-profits are all committed to the success of all of our students.
87% of parents report they are valued as active participants in their child’s education.
79% of parents report that the school encourages feedback from parents and the community.
97,494 $47,863 34.7 48.6% 51.4%
Beaverton
HOUSING
50.54% of homes owner occupied
49.46% of homes rented
POPULATION DENSITY
4,794.6 inhabitants per sq. mile
39,500 housing units at an average density of 2,108.9 per sq. mile
HISTORY
AGE DEMOGRAPHIC
22.9% under age 18
9.2% between ages 18 to 24
33% between ages 25 to 44
24.5% between ages 45 to 64
10.4% above age 65
CITY QUICK FACTS
7 Miles west of downtown Portland
18.73 square miles
189 feet elevation
Incorporated in 1893
Highest Average Temperature 63º
Lowest Average Temperature 43º
METRO AREA BASE MAP
Car Dealer
L O C A L B U S I N E S S E S
L O C A L B U S I N E S S E S
C F N Gas Station, Beaverton 4875 SW Western Ave #4925, Beaverton, OR 97005, USA
9085 SW Beaverton Hillsdale Hwy, Portland, OR 97225, USA (503) 595-5678
Mona Lisa Beauty Salon 9955 SW Beaverton Hillsdale Hwy #101, Beaverton, OR 97005, USA
OR 97005, USA (503) 469-9047
SW 107th Ave, Beaverton, OR 97005, USA (971) 708-8092
Bellezza Salon 2433, 8565 SW Beaverton Hillsdale Hwy #3, Portland, OR 97225, USA (503) 296-0093
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Electric LLC 9115 SW Club Meadow Ln, Portland, OR 97225, USA (971) 417-9345
Roselyn Home Repairs
10700 SW Beaverton Hillsdale Hwy Building 1 #200-6, Beaverton, OR 97005, USA (503) 330-9205
Star Electrical Services Inc 10700 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503) 579-9201
Joules Electricians LLC 8644 SW Canyon Rd #1590, Portland, OR 97225, USA (503) 994-5517
& Karrigan Inc
9725 SW Beaverton Hillsdale Hwy Ste 300, Beaverton, OR 97005, USA (503) 526-9608
9725 SW Beaverton Hillsdale Hwy Ste 330, Beaverton, OR 97005, USA (503) 747-4700
SW Beaverton Hillsdale Hwy Suite 202, Beaverton, OR 97005, USA (503) 941-8009
9340 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (971) 217-6464
Oregon Moving Labor Services 9650 SW Canyon Rd, Portland, OR 97225, USA (503) 857-3344
Transfer & Storage Co 11035 SW 11th St #270, Beaverton, OR 97005, USA (503) 226-3055
Service Moving 11040 SW Allen Blvd, Beaverton, OR 97005, USA
Movers 4145 SW Watson Ave, Beaverton, OR 97005, USA (971) 266-3101 0 83
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Providence St Vincent Heart Clinic Cardiology 9427 SW Barnes Rd Ste 495, Portland, OR 97225, USA (503) 216-1661 0.95 miles
St. Vincent's Hospital West Pavilion 9369 SW Barnes Rd, Portland, OR 97225, USA (503) 216-1234 0 98
The Oregon Clinic 9701 SW Barnes Rd, Portland, OR 97225, USA (503) 297-8081
Doernbecher Children’s Hospital 3181 SW Sam Jackson Park Rd, Portland, OR 97239, USA (503) 494-8811
Pharmacy 10775 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503) 207-0646
Genoa Healthcare 10700 SW Beaverton Hillsdale Hwy #122, Beaverton, OR 97005, USA (503)
Urgent Care
2695 SW Cedar Hills Blvd #180, Beaverton, OR 97005, USA (503)
Urgent
Tigard, OR
Providence Medical Group - Scholls Immediate Care
12442 SW Scholls Ferry Rd Suite 100, Tigard, OR 97223, USA (503) 216-9254 2.08 miles
CrossFit Iliad
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SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503)
G3 Fitness: House of Grit Grace & Glory 5585 SW Arctic Dr, Beaverton, OR 97005, USA (503) 718-8952
L O C A L B U S I N E
S S E S
A M Kennedy Park 10200 SW Kennedy St, Beaverton, OR 97005, USA (503) 629-6360
McMillan Park 4855 SW 98th Ave, Beaverton, OR 97005, USA
Roxbury Park 10700-, 10714 SW Berkshire St, Portland, OR 97225, USA (503)
Beard Papa's 10500 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503)
Nothing Bundt Cakes 11629 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA
Tous Les Jours Beaverton
Studio 10 Bar & Karaoke Box 9955 SW Beaverton Hillsdale Hwy #235, Beaverton, OR 97005, USA (503) 746-5255
Lou's Bar at The 9900 9900 SW Canyon Rd, Portland, OR 97225, USA (503) 297-8325
The Pit Stop Sports Bar & BBQ Grill 10245 SW Canyon Rd, Beaverton, OR 97005, USA (503)
Nebulous Taproom 11645 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503) 352-5620
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The Human Bean
Ki Coffee
C A L B U S I N E S S E S
8355 SW Beaverton Hillsdale Hwy, Portland, OR 97225, USA (503) 203-1570
4655 SW Griffith Dr #160, Beaverton, OR 97005, USA (503) 746-5907 0
Thornton Coffee Annex 6110 SW Arctic Dr, Beaverton, OR 97005, USA (503) 352-4427
Kitchen 12125 SW Allen Blvd #4720, Beaverton, OR 97005, USA (971)
8045 SW Nimbus Ave #12A, Beaverton, OR 97008, USA (805) 387-8338
Koreana Restaurant
9955 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503) 646-7767
Ramen Ryoma Beaverton 10500 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503) 605-1688
Sambi | Japanese Restaurant 9230 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503) 296-0045 0
Beaverton Swagat Indian Cuisine 4325 SW 109th Ave, Beaverton, OR 97005, USA (503) 626-3000 0.31 miles
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L O C A L B U S I N E S S E S
Smith & Bevill Jewelers 9875 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503) 644-1333
Meyer Jewelers 11425 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503) 526-1815
SW Beaverton Hillsdale Hwy #1407, Portland, OR 97225, USA (503)
SW Beaverton Hillsdale Hwy, Beaverton, OR 97005, USA (503)
Emergency Police/Medical/Fire 911
Poison Control (800) 222-1222 www.aapcc.org
United States Postal Service (800) 275-8777 www.usps.com
Xfinity (800) 266-2278 www.xfinity.com
Ziply Fiber (866) 699-4759 www.ziplyfiber.com
Verizon (800) 483-4100 www.verizon.com
AT&T (800) 288-2020 www.att.com
CenturyLink (866) 963-6665 www.centurylink.com
Dish Network (800) 318-0572 www.dish.com
DIRECT TV (800) 531-5000 www.directtv.com
The Oregonian (503) 221-8240 www.oregonlive.com
TRI-MET (503) 238-7433 www.trimet.org
Northwest Natural Gas (800) 422-4012 www.nwnatural.com
Portland General Electric (503) 228-6322 www.portlandgeneral.com
West Slope Water District (503) 292-2777 www.wswd.org
Clean Water Services Sewer (503) 681-3600 www.cleanwaterservices.org
Waste Management (800) 808-5901 www.wm.com
Beaverton School District (503) 356-4500
www.beaverton.k12.or.us
CHANGE OF ADDRESS
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 $100 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
AUTO REGISTRATION AND DRIVER LICENSING
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
wwworegondmvcom/oregon/indexhtm
General DMV Information Contact: 503-299-9999
VOTERS REGISTRTION
TO REGISTER TO VOTE, YOU MUST BE:
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
HOW TO REGISTER
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.
REGISTRATION DEADLINE
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.
CHANGE OF ADDRESS
If you move to a new county, you must complete a new voter registration, otherwise you must request a transfer of your registration
Clackamas County Voter Registration: 503-655-8510
Multnomah County Voter Registration: 503-988-3720
Washington County Voter Registration: 503-846-5800
Metro South (503) 234-3000 wwworegonmetrogov 2001 Washington St Oregon City, OR
Clackamas County (503) 668-8885 wwwwmnorthwestcom 19600 SE Canyon Valley Rd. Sandy, OR
VOTER REGISTRATION
Clackamas (503) 655-8510
Multnomah (503) 248-3720
Washington (503) 846-5800
WATER BUREAU
Beaverton (503) 526-2257
Clackamas (503) 722-9220
Gladstone (503) 656-5223
Gresham (503) 618-2373
Hillsboro (503) 681-6228
Lake Oswego (503) 635-0265
Milwaukie (503) 786-7525
Oregon City (503) 657-8151
Portland (503) 823-7770
Tigard (503) 639-1554
Tualatin (503) 692-2000
West Linn (503) 656-4261
Wilsonville (503) 682-1011
CYBER SECURITY
g p , g 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:
Outgoing Wire from WFG to seller or borrower for proceeds
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.
Incoming Wires from the buyer and/or lender to WFG bank account
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
claims, or restrictions on the buyers 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.
WHAT IS ESCROW?
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.
TYPICAL ROLES IN THE CLOSING PROCESS
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.
WHAT IS TITLE?
About Title Insurance
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
In Summary
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
WHO PAYS WHAT IN OREGON
SELLER PAYS
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
BUYER PAYS
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
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 1 2 3 5 6 7 8 9 10 4 11
700 NE Multnomah St Ste 190 Portland, OR 97232 503-230-8488
Beaverton, OR 97005
REPORT FOR 8/21/2024
Single-Family Homes
This week the median list price for Beaverton, OR 97005 is $550,000 with the market action index hovering around 66. This is less than last month's market action index of 68 Inventory has increased to 21.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Real-Time Market Profile
Median List Price $550,000 Median Price of New Listings $500,000 Per Square Foot $342
Days
Strong Seller's Market
The market has been cooling over time and prices plateaued for a while Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Market Segments
Strong Seller's Market
Each segment below represents approximately 25% of the market ordered by price.
Median List Price
Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
Segments
In the quartile market segments, we see the upper end of the market in this zip code showing weakness. While there is enough demand in the low end (Quartiles 3 and 4) to keep prices flat, unless there is a persistent up-shift in the Market Action Index, the entire market may resume a down trend soon.
Price Per Square Foot
While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money. 7-Day
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
Market Action Index
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.
Median Days on Market (DOM)
The properties have been on the market for an average of 67 days. Half of the listings have come newly on the market in the past 21 or so days. Watch the 90-day DOM trend for signals of a changing market.
Segments
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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