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
Do not miss this wonderfully updated 4 bedroom 2 bath ranch style home located on 2.58 acres. Updates include new interior paint, carpet and LVP Vinyl flooring and appl...
- 4 Beds
- 2 Baths
- 21333882 MLS
Listing courtesy of RE/MAX Integrity.
Great investment property. Located in a good neighborhood, close to shopping and schools. This one level home has much to offer, featuring fireplace in the living, large ...
- 2 Beds
- 2 Baths
- 220117275 MLS
Listing courtesy of RE/MAX Integrity Grants Pass.
Great investment property. Located in a good neighborhood, close to shopping and schools. This one level home has much to offer, featuring fireplace in the living, large ...
- 2 Beds
- 1.1 Baths
- 21635688 MLS
Listing courtesy of RE/MAX Integrity.
Tons of potential and close to services. Offers alley access.
- 2 Beds
- 1 Baths
- 220117191 MLS
Listing courtesy of Realty Services Team.
This is what you have you have been looking for! Beautifully updated with LVP flooring in kitchen, dining and family room. Large living room with new carpet. Spacious up...
- 4 Beds
- 2.1 Baths
- 21540715 MLS
Listing courtesy of RE/MAX Integrity.
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
- 1 Baths
- 21424431 MLS
Listing courtesy of REALHome Services & Solutions, Inc..
WOW! Looking for an updated move in ready home under $300,000? Well, here it is. Updates include: new roof, paint, all new cabinets, fixtures, flooring, shiplap wall, ...
- 3 Beds
- 1 Baths
- 21575117 MLS
Listing courtesy of Emerald Valley Real Estate.
Great location in Rogue River offers usable land and a detached shop. Lots of potential.
- 3 Beds
- 2 Baths
- 220116201 MLS
Listing courtesy of Realty Services Team.
Cape Cod Style home in Springfield, OR this one is a major fixer, with 1 bedroom and 1 bathroom, some hardwood flooring and a covered back porch. Home sits on a nice leve...
- 1 Beds
- 1 Baths
- 20471881 MLS
Listing courtesy of REALHome Services & Solutions, Inc..
Here's a chance to live on your own private, self sufficient & secure, retreat property! All 19.68 usable acres are newly field fenced w/certified survey. 1 acre+ Bass po...
- 3 Beds
- 2 Baths
- 220114085 MLS
Listing courtesy of Coldwell Banker Pro West R.E..
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
Listing courtesy of ICON Real Estate Group.
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.
Residential Lot in Nice Subdivision! Nice sized lotof .24 acres just off Harlan Dr. Perfect for your new home!
- 103010921 MLS
Listing courtesy of Lester Realty, Inc..
Own your own commercial space in desirable Ashland, Oregon. Lease the space or use it for your business. High Ceilings, could be a great retail or office. Located in Barc...
- 102985097 MLS
Listing courtesy of RE/MAX Platinum.
Here is an opportunity to own an Ashland commercial investment. Unique mixed use building located on Ashland St. that has good off street parking. Upstairs condominium cu...
- 102985100 MLS
Listing courtesy of RE/MAX Platinum.
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
Listing courtesy of RE/MAX Platinum.
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
Listing courtesy of Premiere Property Group, LLC.
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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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