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
A wonderful nice 2 bedroom home just completely redone. New flooring, exterior and interior painting, new roof, new carpet., new appliances. Come check this home out.
- 3 Beds
- 1 Baths
- 220174504 MLS
Courtesy of Fisher Nicholson Realty, LLC .
Nestled in the Candlelight subdivision, this 3 bed 2 bathroom home was built in 2007. With an open dining/ living room area, there is plenty of space for entertaining. Th...
- 3 Beds
- 2 Baths
- 220174438 MLS
Courtesy of Home Quest Realty .
This beautiful craftsman home is located in the high demand River Crest Estates in the Green community of Roseburg. If you like views of the rolling hills and valleys, th...
- 3 Beds
- 2 Baths
- 23325297 MLS
Courtesy of Different Better Real Estate .
Opportunity to own the entire end of the block. This large lot will offer ample opportunity to garden, build a shop, or just have space. Original footprint features two...
- 2 Beds
- 1 Baths
- 23547971 MLS
Courtesy of Emerald Valley Real Estate .
Come view this charming condo in the tranquil Leisure Estates community, boasting 2 beds and 2 baths across 962 sq. ft. - all on a single level. Outside, a shared gazebo...
- 2 Beds
- 2 Baths
- 220174414 MLS
Courtesy of Home Quest Realty .
Fantastic single-level home nestled in a prime location, just moments away from schools, shopping, and all the conveniences SW Medford has to offer. Ideal for first-time ...
- 2 Beds
- 2 Baths
- 220174410 MLS
Courtesy of Home Quest Realty .
Single level 3 bedroom 1.5 bath home close to a hospital, schools, shopping and ocean beaches! Enjoy the city views right from your door step. Fenced in backyard with two...
- 3 Beds
- 1 Baths
- 23442537 MLS
Courtesy of Seaboard Properties .
Great Central Point neighborhood, corner lot, 3BRs/2BAs + bonus loft. Plant shelves, large kitchen abundant cabinets and island, vaulted ceilings, primary w/ attached bat...
- 3 Beds
- 2 Baths
- 23620650 MLS
Courtesy of White Star Realty, Inc .
Great Central Point neighborhood, corner lot, 3BRs/2BAs + bonus loft. Plant shelves, large kitchen abundant cabinets and island, vaulted ceilings, primary w/ attached bat...
- 3 Beds
- 2 Baths
- 220174385 MLS
Courtesy of White Star Realty Inc .
Take a peak at this great deal. The front of the house features a living room with fireplace, dining room with two large windows for plenty of natural light. The kitche...
- 3 Beds
- 2 Baths
- 23565147 MLS
Courtesy of Emerald Valley Real Estate .
Offers to be placed on Xome.com. Interior inspections are not available, do not trespass! Forward all inquiries and questions to Xome Customer Service. Contact Listing A...
- 1 Beds
- 2 Baths
- 220174287 MLS
Courtesy of Realty Services Team .
Spacious 3 bedroom home situated on almost a half acre lot in the suburbs. 2-car garage plus a nice wood shed behind the garage. Quiet street with a paved driveway. Fo...
- 3 Beds
- 1 Baths
- 220174210 MLS
Courtesy of Action Realty .
Located in a quiet residential neighborhood with tree-lined streets and sidewalks. The home has a new roof, new paint and floor coverings, low maintenance landscaping, a...
- 3 Beds
- 2 Baths
- 220174191 MLS
Courtesy of Action Realty .
Step into the possibilities of homeownership with this charming 2-story fixer-upper waiting to be transformed into your dream haven. With spacious rooms spanning both flo...
- 3 Beds
- 2 Baths
- 23543063 MLS
Courtesy of RE/MAX Integrity .
One level home located on 4.79 acres in Riddle. This property comes with mountains views and seclusion. Home is currently a 2 bedroom, 2 bathroom house, with addition spa...
- 4 Beds
- 2 Baths
- 23379175 MLS
Courtesy of Keller Williams Southern Oregon-Umpqua Valley .
Stunning estate on the hill. Beautifully situated home with stunning features. Walk into a grand entrance with crystal chandeliers, and a dramatic stairway to the upper...
- 3 Beds
- 5 Baths
- 220173374 MLS
Courtesy of RE/MAX Integrity .
Investor opportunity in an area of newer homes. This property is now under auction terms. This sale is subject to a 5% or $2,500 minimum buyer's premium pursuant to the a...
- 2 Beds
- 1 Baths
- 23123591 MLS
Courtesy of White Star Realty, Inc .
Investor opportunity in an area of newer homes. This property is now under auction terms. This sale is subject to a 5% or $2,500 minimum buyer's premium pursuant to the a...
- 2 Beds
- 1 Baths
- 220173287 MLS
Courtesy of White Star Realty Inc .
Oregon Dream Property! This iconic estate property was once a true gem offering an impressive 4577SF main home, adorable guest cabin, tree house, bath house, carport and ...
- 3 Beds
- 4 Baths
- 220173256 MLS
Courtesy of John L Scott Real Estate Grants Pass .
Huge Price Reduction! Looking for move-in home in excellent condition? Here it is! This charming 3-bedroom, 2-bathroom newer home in Oregon is a cozy haven. Fresh and mod...
- 3 Beds
- 2 Baths
- 23081651 MLS
Courtesy of eXp Realty, LLC .
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