Search Your Area For Foreclosures
Buying Foreclosures
Foreclosures are commonly desirable by investors and real estate buyers not only in Southern Oregon but all over the country due to the sometimes lower sales prices they can offer.
Foreclosures are either Judicial or Non-judicial and eventually sold at public auction. These auctions are can be held in different locations depending on the state. In Oregon they are either sold at a Sheriff (Judicial) or at the courthouse steps (non-judicial).
Foreclosures that did not sell at public auction are most the time then listed with a local real estate broker and placed on the open market. A lot of times these homes will be distressed and need work therefore they are priced lower to factor in repairs needed. Sometimes these properties will be priced low to attract a bidding war therefore driving the price up to normal market values.
Judicial Foreclosures
The judicial process of foreclosure will involve a lender or lienholder filing a lawsuit to obtain a court order to be able to foreclose, and is used when no power of sale is present in the deed of trust or mortgage. In most cases, after a declaration of foreclosure by the court, the home will be auctioned off to the highest bidder. With this type of foreclosure, the borrower has the right to redeem the property by paying the purchase price, plus interest, any foreclosure costs and the expenses the purchaser has incurred in operating and maintaining the property within 180 days after the sale date. To redeem the borrower needs to file a notice no less than two days and not more than thirty with the sheriff.
Non-Judicial Foreclosures
The process for non-judicial foreclosures is used when a mortgage or deed of trust contains a power of sale clause. A "power of sale" clause in a deed of trust or mortgage, in which the borrower will pre-authorize the sale of property to satisfy the loan balance in the event they default. In mortgages or deeds of trust where a power of sale exists, the lender is given the power to sell the property and may be executed by the lender or their representative, generally referred to as a trustee. Rockwell Real Estate and their team are no way providing legal advice and anyone with legal questions surrounding foreclosures should consult legal advice with an attorney. This information is provided as general in nature.
Current Foreclosures On The Market
Large attached garage is tucked behind house with access via secondary road. Two bedrooms are located on the west end of the house with the master on the east end. Open...
- 3 Beds
- 2 Baths
- 19089863 MLS
Listing courtesy of Emerald Valley Real Estate.
Spacious home with open layout, formal dining area with built in oak hutch.Split bedrooms, eat-in kitchen with ample cabinets and breakfast bar.Private and secluded .48 a...
- 3 Beds
- 2 Baths
- 19562877 MLS
Listing courtesy of Seaboard Properties.
Just Listed! Single Level Duplex on Large Lot in N. Eugene. Right Side Duplex has Hardwood Floors, Newer Carpet, Updated Bathroom, & Ductless Heat Pump. Left Side Uni...
- 19222356 MLS
Listing courtesy of Keller Williams /Eugene-Spfld.
Bring your tool-belt and imagination for this one. Tons of potential. High ceilings, large rooms, could have 2 bathrooms. Lot has potential to be divided as-per City of C...
- 2 Beds
- 0.1 Baths
- 19485095 MLS
Listing courtesy of Hybrid Real Estate.
Large home featuring open, spacious living area, front and back decking, fenced yard and 2 car attached garage Lower level living area not included per FHA Appraisal. In...
- 3 Beds
- 2.1 Baths
- 19564748 MLS
Listing courtesy of RE/MAX Integrity.
HUD Home. Sold "AS IS" by elec. bid only. Prop avail 9-12-19. Bids due by 9-21-19 11:59 PM Central Time then daily until sold. This spacious home has lrg. rooms & an open...
- 3 Beds
- 2 Baths
- 19152960 MLS
Listing courtesy of Berkshire Hathaway HomeServices Real Estate Professionals.
Bungalow Style home in Reedsport Or, this one is a major fixer, currentlyfeatures 2 bedrooms and 1 bath room per the tax records, enclosed front porch,stairs to upper lev...
- 2 Beds
- 1 Baths
- 19366709 MLS
Listing courtesy of Owners.com.
Large Cottage Style home in rural JACKSONVILLE,OR featuring 2 bedrooms and 1.5bathrooms per the tax records, large wrap around deck, wood burning stove infamily room, har...
- 2 Beds
- 1.1 Baths
- 19028001 MLS
Listing courtesy of Owners.com.
Older home with over 1700 sqft of living space on over 9 acres, with 2 bedrooms, 1 bath. This is a Fannie Mae HomePath property.
- 2 Beds
- 1 Baths
- 3006472 MLS
Listing courtesy of Keller Williams Realty Southern Oregon.
Modern Ranch Style home in Eagle Point OR, built in 2004, 3 bedrooms and 2 bathrooms, contemporary design, fireplacein the living room, 2 car garage, views of mountains, ...
- 3 Beds
- 2 Baths
- 19115944 MLS
Listing courtesy of Owners.com.
Nice 5+ acre parcel in wine country. Lower level features a large bonus room or storage area and half bathroom. Upstairs has a deck the entire length of the property whi...
- 2 Beds
- 1.1 Baths
- 19309491 MLS
Listing courtesy of Emerald Valley Real Estate.
Excellent redevelopment opportunity with this R3-zoned property that has been annexed into Junction City. Existing structure(s) that could be rehabbed as well. Buyer to...
- 3 Beds
- 2 Baths
- 19611841 MLS
Listing courtesy of RE/MAX Integrity.
This property has been placed in an upcoming online event. DO NOT Disturb occupants
- 3 Beds
- 2 Baths
- 19170128 MLS
Listing courtesy of RE/MAX Integrity.
Upcoming pre-foreclosure auction! Exclusive Xome Property. NO BUYERS PREMIUM! Auctionproperties are sold AS IS without any guarantee or warranty by seller. Property may b...
- 4 Beds
- 2 Baths
- 19113824 MLS
Listing courtesy of Windermere Realty Trust.
Ranch style home with large living room in the front of the house. Dining room is oversized and could be a family room, with sliding door to the back yard. Fully fenced ...
- 3 Beds
- 2 Baths
- 19696759 MLS
Listing courtesy of Emerald Valley Real Estate.
2 bedroom, 1 bathroom home. 1,135 sq ft built in 1910. Detached garage. Cash only. No financing. Being sold as-is. No repairs to be done by seller. Access is not authoriz...
- 3 Beds
- 1 Baths
- 19364830 MLS
Listing courtesy of United Real Estate Properties.
Ranch Style home in Medford OR, this fixer features 3 bedrooms and 2 bathrooms, traditional floor plan, built in 1995, laundry room, 2 car garage, sitting on a nice level...
- 3 Beds
- 2 Baths
- 19455750 MLS
Listing courtesy of Owners.com.
Cape Cod Style home in Oakridge OR, this fixer has 3 bedrooms and 2 bathrooms, one on the main, two upper, stone fireplace location for a stove , garage/carport, sitting ...
- 3 Beds
- 2 Baths
- 19008620 MLS
Listing courtesy of Owners.com.
Truly a diamond in the rough! Needs some work, but what a great place to live! 2 bedroom 1 and a half bath with a huge barn/shop, on 1.70 acres. lots of room to park your...
- 2 Beds
- 1.1 Baths
- 19124093 MLS
Listing courtesy of Berkshire Hathaway HomeServices Real Estate Professionals.
Close to shopping, schools and amenities, this 3 bedroom 2 bath home in Eagle Point has so much to offer and is priced at just $225,000. Home features laminate floors in...
- 3 Beds
- 2 Baths
- 3006105 MLS
Listing courtesy of Windermere Van Vleet & Assoc2.
The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Listing content is copyright © 2018 SOMLS, Medford, Oregon. Last updated:
The content relating to real estate for sale on this website comes in part form the MLS of Central Oregon. Real Estate listings held by Brokerages other than Real Estate Company are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). This content was last updated on . Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. All content displayed on this website is restricted to personal, non-commercial use, and only for ascertaining information regarding real property for sale. The consumer will not copy, retransmit not redistribute any of the content from this website. The consumer is reminded that all listing content provided by automatic transmission by MLSCO is © MLS of Central Oregon (MLSCO).
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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