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
Beautiful & ready to go! Brand new single-level home on 1/2 AC lot - fabulous buy! Beautiful finishes including easy-care LVP flooring, custom cabinets & quartz counters....
- 3 Beds
- 2 Baths
- 23374847 MLS
Listing courtesy of Berkshire Hathaway HomeServices Real Estate Professionals.
Single-Level 3 bedroom 2 bath home situated on a large .92 acre lot. It has .titlefloors, newer kitchen, indoor utility, vaulted ceillings,jetted tub and doyble paned wi...
- 3 Beds
- 2 Baths
- 220158392 MLS
Listing courtesy of Keller Williams Realty Southern Oregon.
Charming 3 bed 1.5 bath home in the Newton Creek area with a fenced backyard and deck off the dining area. Could be a great home for a first time home buyer or investmen...
- 3 Beds
- 1 Baths
- 23419079 MLS
Listing courtesy of Keller Williams Southern Oregon-Umpqua Valley.
REO Occupied - the seller does not represent or guarantee occupancy status. NO access to property- no Interior photos. Please DO NOT DISTURB the occupant. "As is" cash on...
- 3 Beds
- 2 Baths
- 23214652 MLS
Listing courtesy of REALHome Services & Solutions, Inc..
solitude in the trees! This property features a double wide manufactured home with 3 beds 2 baths, plus an addition with separate entrance which has a kitchen, full bath,...
- 4 Beds
- 3 Baths
- 220157894 MLS
Listing courtesy of RE/MAX Integrity Grants Pass.
Cute smaller home, great location, oak hardwood floors, fireplace with woodstove, newer vinyl insulated windows, heating and air, single car attached, covered patio, sepa...
- 2 Beds
- 1 Baths
- 220157892 MLS
Listing courtesy of Windermere Trails End R.E..
Half an Acre (0.51 ac) in the Suburbs! 4BR/2BA Mfg home with over 2,500 sq.ft. of living space. The covered front porch invites you into this triple-wide home with high...
- 4 Beds
- 2 Baths
- 220157772 MLS
Listing courtesy of Action Realty.
Desirable Jerrome Prairie area! This 3-bedroom, 2 bath Mobile sits on Walnut Avenue just minutes from town. The neighborhood has a local market and is located in a quiet,...
- 3 Beds
- 2 Baths
- 220157493 MLS
Listing courtesy of Century 21 Harris and Taylor.
Ready for a project? Then this listing is for you! Property is being sold in "AS IS, WHERE IS" condition. Please do not enter asset due to fire damage. Listed at land ...
- 22051233 MLS
Listing courtesy of ICON Real Estate Group.
Tons of potential with this rural Grants Pass property. Home is currently under construction and is a perfect project to turn into your dream home. Property offers over...
- 4 Beds
- 2 Baths
- 220157430 MLS
Listing courtesy of Realty Services Team.
This is a great opportunity!! 11 lots total.. 9 of which are vacant and 2 lots have a 3/2 bath home with a 2 car garage totaling 1.90 acres. Deeded access to the water is...
- 3 Beds
- 2 Baths
- 220157426 MLS
Listing courtesy of Fisher Nicholson Realty, LLC.
REO Occupied - the seller does not represent or guarantee occupancy status. NOaccess to property- no Interior photos. Please DO NOT DISTURB the occupant. "Asis" cash only...
- 2 Beds
- 1 Baths
- 22299605 MLS
Listing courtesy of REALHome Services & Solutions, Inc..
Welcome to your charming home in Talent! This delightful 2 bedroom, 1 bathroom abode is the perfect home for you and your family. Enjoy lounging around in the spacious li...
- 2 Beds
- 1 Baths
- 220157335 MLS
Listing courtesy of Home Quest Realty.
Amazing Remodeled kitchen w/ floor to ceiling backsplash/accent, granite counters, updated cabinets, recessed lighting. Exceptional 3 bay shop & Multi level barn both w/ ...
- 4 Beds
- 3 Baths
- 22121599 MLS
Listing courtesy of White Star Realty, Inc.
Huge price drop! Beautiful country acreage. Amazing Remodeled kitchen w/ floor to ceiling backsplash / accent, granite counters, updated cabinets, and recessed lighting. ...
- 4 Beds
- 3 Baths
- 220157206 MLS
Listing courtesy of White Star Realty Inc.
This 3BR/3BA home with over 2,500 sq.ft. of living space is situated on almost 2 acres surrounded by mature trees. Attached 3-car garage including an RV Bay. Shared we...
- 3 Beds
- 3 Baths
- 220157137 MLS
Listing courtesy of Action Realty.
Explore the potential of this 3-bedroom, 2-bath home that sits on 6.83 acres with back pasture that would be great for animals. Includes two shops w/electric, concrete fl...
- 3 Beds
- 2 Baths
- 22691564 MLS
Listing courtesy of Windermere West LLC, Newberg.
Easy interstate access. Proximate to stores, school, and restaurants. Large lot with large shop in back.
- 4 Beds
- 1 Baths
- 22192844 MLS
Listing courtesy of RE/MAX Integrity.
This 4 bedroom, 3 full bath home sits on the 6th fairway on The Robert Trent Jones Golf course in Eagle Point Oregon. It has views of the course and the beautiful pond. ...
- 4 Beds
- 3 Baths
- 220155788 MLS
Listing courtesy of Landline Real Estate.
Opportunity awaits you! 1985 Skyline Manufactured Home on its own land near South Medford High School... you will own your own land here. 2 beds, 2 bath, with a little ...
- 2 Beds
- 2 Baths
- 220155425 MLS
Listing courtesy of Home Quest Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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. Last updated:
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 © 2023 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. 
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2023 MTRMLS, Inc. RealTracs Solutions.
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