
Category Archives: Broker Risk Management
Oregon Real Estate Laws, Customs, & Practices (2013)
April 10, 2013 by Phil Querin
Ever wondered whether the seller or buyer pays for title insurance in a residential transaction? What if the seller is selling on contract, where title is not conveyed until there is a full payoff? Is title insurance appropriate? What kind of policy should be ordered, and when? And what about escrow costs and recording fees […]
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Posted in Broker Risk Management | Tagged Legislation - Oregon, Real Estate, RealtorsReal Estate Brokerage Claims Evaluation – Part One
November 3, 2012 by Phil Querin
[Note: These are my opinions alone and are not meant to supersede or replace any company’s existing policy, which may differ for various reasons. Nor are they intended to act as a substitute for prompt consultation with the company’s own legal counsel for instruction, advice and direction. In all cases, managing principal brokers[1] are encouraged […]
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Posted in Broker Risk Management, Legislation - Federal, Legislation - Oregon, Miscellany, Real Estate General, Realtors | Tagged Oregon, Real Estate, RealtorsRealtor Alert – Short Sale Fraud
November 3, 2012 by Phil Querin
Introduction. Recently there have been some anecdotal reports that real estate licensees, presumably with the knowledge and consent of sellers and buyers, have engaged in some practices that could be regarded, at best, as “sketchy.” Here is the issue: In some short sale transactions, there have been apparent instances of brokers not submitting repair addenda […]
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Posted in Broker Risk Management, Legislation - Federal, Legislation - Oregon, Lenders, Market Conditions, Miscellany, Real Estate/Distressed, Realtors, Short Sales | Tagged Distressed Transactions, Financial Crisis, Market Conditions, Oregon, Realtors, Short Sales