Category Archives: News You Can Use
← Older postsWho’s Going To Review Your Preliminary Title Report Before Closing?
July 20, 2019 by Phil Querin
In residential real estate transactions, there are two basic forms of policies: The Owner’s Policy. This is the standard policy of title insurance that buyers obtain upon closing. In Oregon, customary practice is that sellers pay for this policy. The Lender’s Policy. This is the policy required by lenders when they make a residential purchase […]
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Posted in Miscellany, News You Can Use, Querin Law Legal Services, Real Estate General, Real Estate Laws, Realtors, Residential Housiing, Title Insurance | Tagged Real Estate, Title InsuranceLandlord Guidance Under Portland’s Additional Renter Protections
July 4, 2019 by Phil Querin
Discussion: The Portland Ordinance, 30.01.085 (“Portland Renter Additional Protections”) here, now in effect, has identified the occurrence of certain events that, if triggered, would require landlords to pay Relocation Assistance (“RA”) to tenants. [References below to the “Ordinance” will refer to 30.01.085; references to the Oregon Residential Landlord-Tenant Act, ORS Chapter 90, will be referred […]
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Posted in Landlord-Tenant Laws, Miscellany, News You Can Use, Real Estate Laws, Realtor Risk Management, Rent Control | Tagged Real Estate, RealtorsOregon Real Estate Disputes – Litigation vs. Mediation & Arbitration (Part II)
January 12, 2019 by Phil Querin
Summary of Mediation & Arbitration under Sections 37-38.3 of the OREF Residential Real Estate Sale Agreement. The 2019 OREF forms revisions did not make any major changes[1] to the alternative dispute resolution (“ADR”) provisions of Sections 37-38.3. But before addressing the arbitration process, it is critically important for brokers and their clients to understand that […]
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Posted in Broker Risk Management, Lawsuits, Miscellany, News You Can Use, Real Estate General, Real Estate Laws, Realtor Risk Management, Residential Housiing | Tagged Real Estate, RealtorsOregon Real Estate Disputes – Litigation vs. Mediation & Arbitration (Part I)
January 12, 2019 by Phil Querin
“Which is best? Which is fastest? Which is fairest? Which is the least expensive?” These, and many more questions have been asked over the years regarding the best method of resolving disputes. And oftentimes, the answer depends upon those you ask. So, let’s break the issue down to bite-size bits: Defining the Terms.[1] The term […]
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Posted in Alternative Dispute Resoluton, Arbitration, Broker Risk Management, Lawsuits, Mediation, Miscellany, News You Can Use, Real Estate General, Real Estate Laws, Realtor Risk Management, Residential Housiing | Tagged Real Estate, RealtorsMarket Watch: Forget the Wall Street carnage: To read the economy, look at how much Americans are eating out
October 14, 2018 by Phil Querin
Published: Oct 14, 2018 10:57 a.m. ET By JEFFRYBARTASH REPORTER **** “A good way to tell how Americans are feeling is to look at what they spend on restaurants. “Those are wants and not needs,” noted senior economist Jennifer Lee at BMO Capital Markets. Put another way, people dine out more when the economy is doing […]
Posted in Economic News, Miscellany, News You Can Use | Tagged EconomicsMortgage Professor: “Daily Interest: A Festering Sore in Consumer Loan Markets”
August 12, 2018 by Phil Querin
[Jack M.Guttentag is Professor of Finance Emeritus at the Wharton School of the University of Pennsylvania and author of The Mortgage Encyclopedia. Throughout his career, Professor Guttentag has been concerned with the difficulties faced by consumers in the home loan market.] Question: What do home mortgage loans including second mortgage loans, retail installment loans, automobile loans, home improvement […]
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Posted in News You Can Use, Realtor Risk Management | Tagged MortgagesInman News: White House wants to privatize Fannie Mae and Freddie Mac
August 11, 2018 by Phil Querin
The plan is designed to reduce taxpayer risk while creating a more competitive secondary market for mortgages BY PATRICK KEARNS | Staff Writer JUN 22 The Trump administration is proposing a sweeping reform of how the federal government supports housing finance by calling for the full privatization of mortgage-backed securities giants Fannie Mae and Freddie Mac and a reduction of […]
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Posted in Miscellany, News You Can UsePBJ: Why almost no one is making a profit in Oregon cannabis
August 11, 2018 by Phil Querin
By Pete Danko – Staff Reporter, Portland Business Journal – Aug 1, 2018, 4:51pm PDT Updated Aug 1, 2018, 4:56pm Nobody is making any money. That might not be literally true, but in interviews with a wide range of people in the Oregon cannabis industry recently, it was a phrase heard over and over again. It’s not […]
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Posted in Miscellany, News You Can UseForbes: Here’s What Impacted The June Quarter’s GDP Growth
July 28, 2018 by Phil Querin
Chuck Jones Contributor | Jul 28, 2018, 12:08pm The Bureau of Economic Analysis at the U.S. Department of Commerce announced that the U.S. economy grew at a 4.1% annual rate in the June quarter. This is the highest rate since June 2014’s quarter result of 5.1%. The 4.1% is a solid increase from the March quarter’s 2.2%, but a […]
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Posted in Miscellany, News You Can Use | Tagged EconomicsMarketWatch: Dow reclaims 25,000 mark, Nasdaq ends at record as earnings get under way
July 15, 2018 by Phil Querin
Published: July 13, 2018 5:01 p.m. ET Financials retreat after bank earnings By SUECHANG MARKETS REPORTER | RYAN VLASTELICA MARKETS REPORTER The Dow on Friday reclaimed its perch above the 25,000 level for the first time in nearly a month while the technology-powered Nasdaq to a record, underlining an uptrend that has been driven by signs of […]
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