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Real Estate News from the Ground Up™ June 2013
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TO: Friends of Total Property Resources (TPR) and
Total Property Management Services (TPMS)
Several of our brokers participated in the 2nd Annual AmeriTitle 'Balls of Fury' Bocce Ball Tournament fundraiser as team "Incredi-Balls." Once again, they took 1st place in Best Costume winning $200 for their charity of choice - Special Olympics Oregon High Desert. Congratulations Incredi-Balls!
Total Property Resources, LLC
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OPEN HOUSE in Tetherow!
When: Saturday, June 29th. - 1pm-4pm
Where: 61557 Hosmer Lake Dr., Bend
Hosted By: Katy Elliott, Broker
Email: kelliott@total-property.com
Offered at $949,900
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The Fine Print - June 2013 Issue
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THE NEW THREE TRANSACTION EXCEPTION IN OREGON FOR SELLER FINANCING: BE WARY!
Question: I am a licensed real estate broker in Oregon, and am representing a seller of a single family rental property who is interested in offering seller financing. The client does not live in the property and has never lived in the property. I understand that Oregon's law dealing with seller financing was recently amended, and that my client can go ahead and offer and negotiate terms of the seller financing, and that I may assist him, all without having to get licensed as a mortgage loan originator (MLO). Is this true?
Click here for the ANSWER
DISCLAIMER: this column does not constitute the giving of legal advice, and your reading this column does not create an attorney/client relationship. You are encouraged to consult a lawyer or accountant should you have questions about how this information may be applicable to your particular situation.
David R. Ambrose
Principal, Chief Executive Officer
Ambrose Law Group LLC

Direct Dial: 503.467.7217
drambrose@ambroselaw.com
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