The number of foreclosed homes in Oregon have declined in recent years.
But according to new numbers from Realtytrac.com 28 % of current foreclosed homes in the state are vacant, the second highest percentage in the nation.
RealtyTrac.com Vice President Daren Blomquist believes that one of biggest reasons for vacant foreclosed homes are the current laws in place which can take years to get through the foreclosure process.
But those laws are changing.
Recently the state passed House Bill 2662 which prohibits an owner of a foreclosed property from neglecting the property during period of vacancy.
Brian Graunke of Mediation Works and Karen Pierce of ACCESS are currently working together on a program that would help those facing foreclosure save their home.?
And they say while it's better to contact them before the foreclosure process begins. There's no such thing as too late.
The program isn't slated to begin until August but if you are wanting to learn more about it you can visit www.foreclosuremediationor.org?