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
Located in a peaceful cul-de-sac in a quaint rural town between Grants Pass & Roseburg.Built in 1992 this 1512 Sqft 3 bedroom 2 bath home offers a potential opportunity f...
- 3 Beds
- 2 Baths
- 220104122 MLS
Listing courtesy of John L Scott Real Estate Grants Pass.
Move to the Suburbs! This large corner lot features a clean 2BR/1BA home with a detached garage. Covered deck in the back and easy access to the property with 2 separa...
- 2 Beds
- 1 Baths
- 220104041 MLS
Listing courtesy of Action Realty.
This 2594 sq-ft architectural delight sits on a rural park-like .75 acres and yet is close to town. Enjoy your morning coffee on the deck or hot tub overlooking a year-ro...
- 3 Beds
- 2 Baths
- 220104000 MLS
Listing courtesy of Keller Williams Realty GP Branch.
Wonderful 3 bedroom 2 bath updated home with views with master bedroom with private deck, office/4th bedroom, large vaulted living room. Updates include SS appliances, c...
- 3 Beds
- 2 Baths
- 20341567 MLS
Listing courtesy of RE/MAX Integrity.
This Townhouse has all the essentials for a great price! Central heating/cooling, natural gas fireplace, natural gas oven, fenced back yard! NOTE: To help visualize this ...
- 3 Beds
- 3 Baths
- 220103888 MLS
Listing courtesy of RE/MAX Integrity Grants Pass.
Nice corner lot in Oregon Shores. Build your home or put a manufactured home. HOA fee includes yearly water usage, road maintenance and access to the 17 acres recreationa...
- 220103862 MLS
Listing courtesy of Century 21 Showcase, Realtors.
Traditional ranch style home with attached garage which has been converted to living space. Additional detached garage faces side street with ample parking and access to...
- 3 Beds
- 1.1 Baths
- 20340260 MLS
Listing courtesy of Emerald Valley Real Estate.
Unique style home with custom layout. Multiple decks, 3 car garage. Main level with open floor plan. Custom baths and soaking pools/tubs. Finished 2nd level features kitc...
- 2 Beds
- 2.1 Baths
- 20486696 MLS
Listing courtesy of RE/MAX Integrity.
Easy to fall in love with this little gem on the mountain. Move in condition, available immediately, Fabulous mountain views. New Fridgidaire appliances. All rooms are fr...
- 3 Beds
- 2 Baths
- 220103457 MLS
Listing courtesy of Flat List RE.
Ranch Style home in SUTHERLIN, OR this fixer features 3 bedrooms and 1 bathrooms, wood burning stove in living room, font and back porches, this home was built in 1949, w...
- 3 Beds
- 1 Baths
- 20087813 MLS
Listing courtesy of Owners.com.
Great suburban location - located on a quiet dead-end street. Fenced yard with a garage, carport and shop. Covered back patio, home needs some TLC to make it shine.
- 2 Beds
- 2 Baths
- 220103261 MLS
Listing courtesy of Action Realty.
Great rural setting but close to services and offers easy access to I-5. This beautiful country property is situated on just under an acre and offers usable property wi...
- 2 Beds
- 2 Baths
- 220102861 MLS
Listing courtesy of Realty Services Team.
Hard to find 5 bedroom 2 bathroom home located close to services. Floor plan offers a large, bright living room and large eat-in kitchen. Off street parking.
- 5 Beds
- 2 Baths
- 220102641 MLS
Listing courtesy of Realty Services Team.
Timbermill Shores mixed use development lot bordering Lake Ewuana. This development features landscaped streets, geothermally heated sidewalks a bike/walking path and muc...
- 220102460 MLS
Listing courtesy of Rookstool Moden Realty Llc.
Wonderful opportunity with this 3 bedroom 2 1/2 bath home with 2 car attached garage. Recent updating includes new interior and exterior paint, carpet and LVT vinyl, new...
- 3 Beds
- 2.1 Baths
- 20382015 MLS
Listing courtesy of RE/MAX Integrity.
Manufactured Ranch Style home in CHILOQUIN, OR come take a look at this fixer,that features 3 bedrooms and 2 bathrooms, front and back porches, 2 car detached garage, bu...
- 3 Beds
- 2 Baths
- 20518975 MLS
Listing courtesy of Owners.com.
Talk about a "fixer"! This is it!! This two bedroom home needs the kitchen added to the main dwelling and the guest house completely renovated. Financing available to a...
- 2 Beds
- 1 Baths
- 20379079 MLS
Listing courtesy of RE/MAX Professional Realty.
Enjoyquiet country living in this spacious 4 bedroom 2 bath home with incredible mountain views located on 3+ acres on a dead end road. Uses a septic system and a well. ...
- 4 Beds
- 2 Baths
- 20193450 MLS
Listing courtesy of RE/MAX Integrity.
Large 4 bed 3 bath Melrose home with stunning distant mountain views to enjoy while lounging in your very own swimming pool. $1000.00 EMD or 3% of purchase price whicheve...
- 4 Beds
- 3 Baths
- 20342649 MLS
Listing courtesy of Keller Williams Realty Umpqua Valley.
Per the seller, no interior inspection is allowed for safety reasons. REO Occupied - the seller does not represent or guarantee occupancy status. NO VIEWINGS of this prop...
- 3 Beds
- 2 Baths
- 20682028 MLS
Listing courtesy of Owners.com.
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 © 2020 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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