Legend Continues Building Their Legend

We should see RMLS Action at any time but in the meantime I thought this was of note: The Oregonian reports Legend Homes has come to an agreement with their lenders to continue building homes. Courts has frozen their cash since filing bankruptcy in June. The agreement will allow them to be able to build around 40 homes at a time. The creditors will get a payment each time a house sells. The lenders must see that this will be more profitable than foreclosing now.Portland Real Estate Blog

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