EUGENE, Ore. — The housing market looks promising for 2013 with home prices rising in Lane County, but a new way of approaching foreclosures has the potential to create a pretty big backlog. Sergeant Brian Smeltzer with the Lane County Sheriff’s Office is tasked with processing foreclosures. In the past few months, his workload has … Continue reading »
Judicial Foreclosures Rising in Oregon
EUGENE, Ore. — New legislation is prompting lenders to take on new tactics to get paid for home mortgages. Eugene-based Gorilla Capital says it’s more difficult for lenders to just foreclose on properties now. Instead, they’re suing to get their money through what’s called a judicial foreclosure. In October, 17 notices of default were recorded. … Continue reading »
