David Lythgoe and Regina Lythgoe, Brokers
Merit Properties - Mt. Hood

503-622-3141
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68280 E Hwy 26, Welches, OR 97067
 

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Real Estate Glossary

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  • Offer - Indication by a potential buyer of a willingness to purchase a home at a specific price; generally put forth in writing.

  • Origination - The process of preparing, submitting, and evaluating a loan application; generally includes a credit check, verification of employment, and a property appraisal.

  • Origination Fee - The charge for originating a loan; is usually calculated in the form of points and paid at closing.

  • Owner Financing - A property purchase transaction in which the property seller provides all or part of the financing.


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Merit Properties - Mt. Hood, 68280 E Hwy 26, Welches, OR 97067
Phone: 503-622-3141  Fax: 503-622-3117  Email: Send an Email 

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