The residence of the mayor of Salem faces foreclosure due to unpaid bills.
Chris Hoy, the outgoing mayor of Salem, who lost his re-election campaign, is currently facing some financial difficulties, and his home could begin a foreclosure process.
According to Marion County records, Mayor Chris Hoy has failed to pay about $8,000 in bills associated with his primary residence, putting the property at risk of foreclosure. The records reveal that he has not made a mortgage payment since April 2024, with an estimated debt of more than $66,000 to date.
Mayor Hoy bought the East Salem house in 2004 for $149,350, and today, Zillow values the property at nearly $400,000.
According to some reports, Chris Hoy, who was also a deputy sheriff in Clackamas County, receives $12,045 per month from the Oregon Public Employees Retirement System (PERS). As a Tier 1 beneficiary, he receives an annual benefit equivalent to 82% of his final working salary.
State records show that Mayor Hoy attempted to join the Oregon Foreclosure Avoidance Program, a state initiative designed to help people facing financial difficulties keep their homes. However, Hoy did not pay the $175 fee required to join the program.
The foreclosure auction of this property is scheduled for 11 a.m. on March 4, 2025, at the Marion County Courthouse.
Available Foreclosures:
Salem: 15 homes available
Clackamas County: 8 homes available.
By Elías DaSilva | 18 de Noviembre de 2024.