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Real Estate Lawyers Oregon.com
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Real Estate Lawyers Oregon.com
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Did You Know?
Three theories exist regarding who has legal title to a mortgaged property
Under the title theory title to the security interest rests with the mortgagee. Most states, however, follow the lien theory under which the legal title remains with the mortgagor unless there is foreclosure. Finally, the intermediate theory applies the lien theory until there is a default on the mortgage whereupon the title theory applies.
Newsroom
News about real estate cases in Oregon and nationwide:
Hud Housing Program
The Uniform Act, passed by Congress in 1970, is a federal law that establishes minimum standards for federally funded programs and projects that re... Read more >
Definition:
To avoid foreclosure ("in lieu" of foreclosure), a deed is given to the lender to fulfill the obligation to repay the debt; this process doesn't allow the borrower to remain in the house but helps avoid the costs, time, and effort associated with foreclosure.
Cap
Definition:
A limit, such as that placed on an adjustable rate mortgage, on how much a monthly payment or interest rate can increase or decrease.
Default
Definition:
The inability to pay monthly mortgage payments in a timely manner or to otherwise meet the mortgage terms.
If you live in the following cities and need an real estate attorney you should contact
our Real Estate Attorney as soon as possible:
Albany
Ashland
Beaverton
Bend
Canby
Central Point
Clackamas
Coos Bay
Corvallis
Cottage Grove
Dallas
Eugene
Forest Grove
Grants Pass
Gresham
Hermiston
Hillsboro
Hood River
Klamath Falls
La Grande
Lake Oswego
Lebanon
Mcminnville
Medford
Newberg
Ontario
Oregon City
Pendleton
Portland
Prineville
Redmond
Roseburg
Salem
Sherwood
Springfield
The Dalles
Troutdale
Tualatin
West Linn
Wilsonville
Woodburn
Legal Disclaimers All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Real Estate Lawyers Oregon.com is not intended to be real estate advice, but merely conveys
general information related to real estate issues commonly encountered.
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