Buying a home is one of the biggest purchases most Oregon residents will make in their lifetime. In fact, this purchase is so substantial that the majority of homebuyers do not buy the property outright. Instead, you, like most others, made a down payment and took out a loan for the remaining amount of the home's price.
This type of scenario happens almost every day as people buy their first or subsequent home. While many people anticipate making their monthly mortgage payments and one day owning their home in full, that is not always what happens. You may be among the group of people who faces financial issues that have led to foreclosure proceedings.