Protecting homeowners during the COVID-19 pandemic is one of the key components of the CARES act. For Oregonians who have fallen behind, or are struggling to keep afloat with their mortgage payments, this is an important article from the Consumer Finance Organization on some of the protections homeowners have. Read full article here: How to […]
Foreclosure
Oregon Eviction Ban extended
By order of Governor Kate Brown, the eviction ban in Oregon which was set to expire on September 30th has been extended through December 31st. However, this new executive order (No. 20-56 for those following the scorecard) only applies to residential tenancies and not commercial landlord-tenant agreements. The news posts we have seen from local news […]
Oregon bans foreclosures thru September 30th, some relief retroactive to March 8, 2020
Oregon Stops Foreclosures thru AT LEAST September 30th Oregon’s governor just signed into law an emergency bill that takes effect immediately and stops any foreclosure in this State thru at least September 30th. Like most things in the law, the devil is in the details and exceptions may exist – you should contact a lawyer […]
10 Things you MUST know about Non-Judicial Foreclosure
Foreclosure means a home is at risk. Most of the time this is a home that serves as the primary residence of the borrower. In Oregon, foreclosures follow one of two very different processes. We previously posted information about “Judicial Foreclosures” and the information that follows is about “Non-Judicial Foreclosures.” Next week we will compare and […]
10 Things you MUST know when facing Judicial Foreclosure
Foreclosure can be a terrifying word, but sometimes the concept is worse than the reality. After taking the time to learn a bit about foreclosure, the homeowner can take back some control and explore non-retention options on their timeline, or even better, the problem can be fixed and the home retained. In Oregon, foreclosures are […]
