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Buy Oregon Foreclosure Listings
Aside from different kinds of crops produced by Oregon, perhaps the most common and prevalent is foreclosure. The bank foreclosures in Oregon have jumped to 20 percent in the first few months of the year. Overall the Oregon foreclosure listings rank third in the list behind Nevada and Florida. This is very discouraging according to the statement of the local government. Oregon was one of the few states who entered the recession very late. This is the reason why the rate of bank foreclosures will remain higher compared to others. The foreclosure listings in Salem and other cities is a sign that the region is struggling.
There are ten thousand people who are having problems with personal finances due to unemployment and declining home values. The foreclosure situation has gotten in the last few years. Oregon is perhaps the one of the states that was hit hard by foreclosure. The government has given federal assistant of $88 million to homeowners. There are over twenty thousand homeowners who are delinquent in their mortgage payment. Previously there were also quite a number of locals who lost their homes due to economic crisis. Even bank foreclosure rates in Portland are frightening.
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