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Updated over 6 years ago on . Most recent reply

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39
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Jay Krietzman
  • Aurora, OR
8
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39
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Oregon - Title Company or RE Attorney?

Jay Krietzman
  • Aurora, OR
Posted

Howdy gang!

In Oregon here.  Wondering do I need a Title Company or RE Attorney? Also does anyone have a good referral they would like to share? 

Any help is much appreciated!!!

Thanks all.

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,096
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42,806
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

State of Oregon - Real Estate Agency

Before you embark on wholesaling IE advertising houses you don't own see below and talk to the state first.. the way most do it  its not legal.

but title companies close escrows in Oregon.. Attornies can write contracts for you leases.. and other things that you may need.. however for vanilla SFR transactions most all folks just use a good escrow officer.

Here is a response I got from the state when I wanted to know for sure if you could advertise property like wholesalers do so I sent in an add from a local wholesaler and this was the response I got.   

"

Frances Hlawatsch | Financial Investigator

Best regards,

Thank you again for the information, if I have further questions for you during the investigation I will certainly reach out.

The Agency is well aware that unlicensed “wholesalers” are rampant in our jurisdiction. Addressing the problems is like trying to put out small individual fires in a forest that is burning. The Agency’s investigations are complaint driven, so we rely heavily on the public, and our licensees to bring these individuals to our attention.

Thank you for getting back to me. The advertising copy you attached to your email came out perfectly and will be very helpful. Thanks!

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JLH Capital Partners

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