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
Fairy tales begin in houses like this. Four stories, parlour doors, transom windows, oak paneling, antique bathroom vanities, oak floors, Tiffany style chandeliers, glass...
- 4 Beds
- 2.1 Baths
- 19129186 MLS
Listing courtesy of Emerald Valley Real Estate.
Enjoy quiet small town living in this nice 3 bedroom 1 bath ranch style home featuring large patio, several utility sheds and fenced corner lot. Easy commute to Eugene o...
- 3 Beds
- 1 Baths
- 19293924 MLS
Listing courtesy of RE/MAX Integrity.
Located on the outskirts of town with end of street privacy. Proximate to school, parks, and shopping amenities. Don't miss out on this opportunity!
- 2 Beds
- 1 Baths
- 19090909 MLS
Listing courtesy of Berkshire Hathaway HomeServices Real Estate Professionals.
Do not miss the opportunity with this close in country living with this 3 bedroom 1 bath home on 0.92 acres featuring detached shop/garage, 1 bedroom 1 bath apartment and...
- 3 Beds
- 1 Baths
- 19166477 MLS
Listing courtesy of RE/MAX Integrity.
Do not miss this 3 bedroom 2 bath home located in a wonderful Springfield neighborhood. Featuring separate living room, dining room and a spacious kitchen and family roo...
- 3 Beds
- 2 Baths
- 19523024 MLS
Listing courtesy of RE/MAX Integrity.
Ranch Style home in BONANZA, OR this one is a major fixer, built 1968, that currently features 3 bedrooms and 2 bathrooms, wood burning stove in living room, front porch ...
- 3 Beds
- 2 Baths
- 19609333 MLS
Listing courtesy of Owners.com.
Quaint and updated 1940s home. Recent updates: kitchen & bath cabinets, flooring, vinyl windows, & dramatic bathroom. Detached garage/shop/man cave behind the house. Th...
- 2 Beds
- 1 Baths
- 19329142 MLS
Listing courtesy of Emerald Valley Real Estate.
See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Located across the street from the Mckenzie River. Great area for recr...
- 2 Beds
- 1 Baths
- 19114994 MLS
Listing courtesy of Oregon Real Estate Services.
Ranch Style home in Springfield, OR, major fixer that has 4 bedrooms and 1bathroom, some updates, sitting on a level lot, come take a look at this one,bring your contract...
- 4 Beds
- 1 Baths
- 19550533 MLS
Listing courtesy of Owners.com.
Living room features dining area and sliding patio door to patio. Galley kitchen with south facing window. Complex has a swimming pool and dues cover garbage, sewer, wa...
- 2 Beds
- 1 Baths
- 19256283 MLS
Listing courtesy of Emerald Valley Real Estate.
Great opportunity to enjoy a newer built home. This home is move-in ready. Enjoy the plank wood flooring, vaulted ceilings, stone fireplace with an open living concept. I...
- 3 Beds
- 2.1 Baths
- 19284668 MLS
Listing courtesy of Century 21 Valley Real Estate.
Lots here for the money! Great single story home on beautiful setting outside Glendale in an area of very nice homes and ranches. Very nice circle paved driveway, Fenced ...
- 3 Beds
- 2 Baths
- 19017043 MLS
Listing courtesy of RE/MAX Integrity.
Great investment opportunity! Take a walk in the charming area with views of the bay from the street. It is only a 20-minute drive from Florence and a 4-minute drive to...
- 3 Beds
- 1 Baths
- 19089195 MLS
Listing courtesy of Coldwell Banker Coast Real Est.
2003 manufactured home with 4bd/2bth and deck overlooking 10 acres of beautiful pastured land. Property features shop, barn, and numerous outbuildings. Would be perfect f...
- 4 Beds
- 2 Baths
- 19283481 MLS
Listing courtesy of Keller Williams Realty Umpqua Valley.
This property is now active in an online auction. The sale will be subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). All a...
- 4 Beds
- 3 Baths
- 19151812 MLS
Listing courtesy of RE/MAX Integrity.
FIXER UPPER ON ACREAGE WITH OUTBUILDINGS WITH SOME WORK THIS IS A DIAMOND IN THE ROUGH HORSE PROPERTY AS IS SALE CASH ONLY."THIS PROPERTY MAY QUALIFY FOR SELLER FINANCING...
- 2 Beds
- 2 Baths
- 19348031 MLS
Listing courtesy of CENTURY 21 Team Realty, Inc..
Sitting on 1.95 acres. Has a detached garage with work area. Carport. Located nearby to the airport and the South Side Expressway. Home needs work but the land alone is w...
- 2 Beds
- 1 Baths
- 3007747 MLS
Listing courtesy of Century 21 Showcase, Realtors®,Inc..
Lots of potential three bedrooms with extra bonus room two full baths, large family room with lots of windows, big carport, located on a short low traffic street.
- 2 Beds
- 2 Baths
- 19092887 MLS
Listing courtesy of Oregon Real Estate Services.
Tons of potential but needs love. Great room design with vaulted ceilings, stone fireplace, and large kitchen with island and loads of storage. Garden tub in master suite...
- 3 Beds
- 2 Baths
- 19462292 MLS
Listing courtesy of Yoss Team RE Professionals.
Price reduced for this close in country property featuring 3.82 level acres with 3 bedroom 1 bath home. Great location to restore home or build to suit. Property featur...
- 3 Beds
- 1 Baths
- 19278686 MLS
Listing courtesy of RE/MAX Integrity.
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. Listing content is copyright © 2018 SOMLS, Medford, Oregon. Last updated:
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 © 2019 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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