Monthly Foreclosure Lists

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

6481 Highway 227, Trail $229,900

The home is located in a lovely rural wooded setting. The house has unlimited potential with 4 bedrooms and 2 baths and ample room for RV parking and all your additiona...

4 Beds
2 Baths
220122638 MLS

Courtesy of RE/MAX Integrity

Listing courtesy of RE/MAX Integrity.

5640 Harlan Drive, Klamath Falls $235,000

This nice move in ready home is located in the suburbs on a .79 acre lot. 3 bedroom 3 bath home with potential to have 4th bedroom in the loft. Large primary bedroom has ...

3 Beds
3 Baths
220122483 MLS

Courtesy of Action Realty

Listing courtesy of Action Realty.

4270 Avalon Place, Klamath Falls $129,000

Awesome opportunity on this 3 bedroom, 1 bath home sitting on an oversized lot. Home has a new roof, new refrigerator, and a new vanity in bathroom. Plenty of room for ...

3 Beds
1 Baths
220122049 MLS

Courtesy of Century 21 Showcase, Realtors

Listing courtesy of Century 21 Showcase, Realtors.

822 W Linn Road, Eagle Point $599,000

Privacy and Rural Living Feel with views in every direction. Mt. McLaughlin and the Table Rocks, City Lights at Night. Circular Dr., mature trees and shrubs. Sit on the ...

3 Beds
2 Baths
220121784 MLS

Courtesy of Vianet Realty

Listing courtesy of Vianet Realty.

7501 Crater Lake Highway, White City image

7501 Crater Lake Highway, White City $1,350,000

Now available for sale...The former movie Theater in the Cascade shopping center is now available for sale. The 1.48 acre property features access from both Crater Lake ...

220121605 MLS

Courtesy of Coldwell Banker Commercial Pro West

Listing courtesy of Coldwell Banker Commercial Pro West.

14345 Highway 66, Klamath Falls $200,000

This nice 2 bedroom 2 bath home is located in Keno. 1.2 acres with a nice view. Metal roof, fenced yard and an attached garage. Home has a nice kitchen, hardwood floors a...

2 Beds
2 Baths
220121294 MLS

Courtesy of Action Realty

Listing courtesy of Action Realty.

538 SE FLOED AVE, Roseburg $90,100

Built in 1910, this multi family residence features two units. Unit one consists of 1 bedrooms and one bath with approximately 1,104 square footage of living space. Unit ...

21635676 MLS

Courtesy of REALHome Services & Solutions, Inc.

Listing courtesy of REALHome Services & Solutions, Inc..

2385 NE DIAMOND LAKE BLVD, Roseburg image

2385 NE DIAMOND LAKE BLVD, Roseburg $78,000

Excellent business location. High traffic demand. Free standing building with on site parking. Well established Asian restaurant for over 10 years. 70 seats in dining roo...

21393116 MLS

Courtesy of ERA Freeman & Associates

Listing courtesy of ERA Freeman & Associates.

122 Cabernet Circle, Cave Junction image

122 Cabernet Circle, Cave Junction $35,000

Beautiful mountain views of the surrounding area. Nice level lot located in the Vineyard subdivision. There are CC&R's to protect your investment.

220118465 MLS

Courtesy of Junction Realty

Listing courtesy of Junction Realty.

215 Iowa Street, Medford $159,900

Tons of potential and close to services. Offers alley access.

2 Beds
1 Baths
220117191 MLS

Courtesy of Realty Services Team

Listing courtesy of Realty Services Team.

442 W B AVE, Drain $160,000

Successful drive thru coffee business operating from 2016 to the stay at home order. Owners love the business but are ready to retire. Sale includes land, building, signa...

20357568 MLS

Courtesy of ICON Real Estate Group

Listing courtesy of ICON Real Estate Group.

Lot 5 Timbermill Shores Drive, Klamath Falls image

Lot 5 Timbermill Shores Drive, Klamath Falls $625,000 ▼

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

Courtesy of Rookstool Moden Realty Llc

Listing courtesy of Rookstool Moden Realty Llc.

Altadena, Klamath Falls $45,000

Residential Lot in Nice Subdivision! Nice sized lotof .24 acres just off Harlan Dr. Perfect for your new home!

103010921 MLS

Courtesy of Lester Realty, Inc.

Listing courtesy of Lester Realty, Inc..

2205 Ashland Street Unit 103, Ashland image

2205 Ashland Street Unit 103, Ashland $1,000,000

Fantastic Opportunity to own a commercial investment in Ashland! Commercial condominium for sale with a solid tenant until 2023. Newer building built in 2008 with off str...

102985099 MLS

Courtesy of RE/MAX Platinum

Listing courtesy of RE/MAX Platinum.

1465 SE PARKWOOD DR, Roseburg $70,000

Stunning views on this ready to build lot in Skyline Terrace. Build your dream home. Utilities are available and ready to be connected.

19076281 MLS

Courtesy of Premiere Property Group, LLC

Listing courtesy of Premiere Property Group, LLC.

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 © 2021 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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