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Update 11 for Lord of the Rings Online will go live next week and as a result players who own a home which has been abandoned for more than 180 days will face foreclosure unless they pay off their debts.

“With Update 11, if you own a home that has been locked for more than 180 days you will be issued a final foreclosure warning. At that point you’ll have 60 days to get your finances in order and pay down the upkeep or your home will be foreclosed and put back on the market,” developer Turbine explained in a blog post.

“All your items that were stored in the house will be put into escrow. These items in escrow will stay there indefinitely but you will need to clear out your escrow before you are allowed to buy a new home.”

The developer added that the 60 day grace period will likely be shorted in the future.

“The hope here is that by putting all of the long-dormant homes back on the market current players will find it easier to build close-knit communities with their friends. We’ll have more info on future improvements to the housing system down the road a bit,” Turbine added.

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About Matthew Bennett

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Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89

Abandoned Lord of the Rings: Online Player Homes Facing Foreclosure Next Week

By Matthew Bennett | 05/6/2013 02:35 PM PT

News

Update 11 for Lord of the Rings Online will go live next week and as a result players who own a home which has been abandoned for more than 180 days will face foreclosure unless they pay off their debts.

“With Update 11, if you own a home that has been locked for more than 180 days you will be issued a final foreclosure warning. At that point you’ll have 60 days to get your finances in order and pay down the upkeep or your home will be foreclosed and put back on the market,” developer Turbine explained in a blog post.

“All your items that were stored in the house will be put into escrow. These items in escrow will stay there indefinitely but you will need to clear out your escrow before you are allowed to buy a new home.”

The developer added that the 60 day grace period will likely be shorted in the future.

“The hope here is that by putting all of the long-dormant homes back on the market current players will find it easier to build close-knit communities with their friends. We’ll have more info on future improvements to the housing system down the road a bit,” Turbine added.

0   POINTS
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About Matthew Bennett

view all posts

Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89