Tax Foreclosed Property
Tax Foreclosed Property Foreclosure Process
The tax foreclosure process begins when a person becomes delinquent on taxes after three years of non-payment. They are then allowed a two-year redemption period in which to bring the account current. If the account remains delinquent at the end of the two-year redemption period, the property is deeded to the county in which the foreclosure has taken place.
During the redemption period the last record owner, contract owner, and any lienholder(s) are notified of the foreclosure proceedings and they are the only ones who are allowed to redeem the property. Once the property has been deeded to the county (October of each year) it is added to the county's inventory of property and offered for sale at public auction.
In Washington County, all departments and other governmental agencies are notified of the new properties that will be offered for sale at public auction. Should any of the departments or governmental agencies be interested in the properties, the parcels are removed from the auction list. The remainder of the properties is placed on the auction list and minimum bids are established for each parcel. The auction list is then published in a newspaper(s) of general circulation in the community for four consecutive weeks prior to the auction. Notebooks are available for the public to review during this four week period prior to the auction. Information in the notebook includes the appraisal, plat map, location map, preliminary title report, assessment and taxation information on the property, and any other pertinent information that is known about the property and is available.
Bidding and Financing
Bidding is started at the minimum bid amount and you must be present to bid. Washington County requires a 10% non-refundable down payment at the time of purchase. Washington County accepts cash, personal check, cashier's check, or a company check at the time of purchase. At the time of sale, a certificate of sale is given to the purchaser until a deed can be prepared. The deed is prepared within 60 days of the auction and the purchaser has 30 days to respond to the notification and to finalize the purchase. Failure to finalize the purchase results in the loss of the 10% down payment and the property is then offered for sale to the next highest bidder, can be negotiated to an interested party, or placed back on the auction block at the next available auction. The property is conveyed through a quit claim deed and all properties are sold "AS IS".
Property Not Sold at Auction
Any parcels that are not sold at public auction can be sold through negotiation to any interested party. All sales are at the discretion of the Board of Commissioners. Any property that is valued at less than $15,000 and is unbuildable may be sold through a private sale and does not have to go through the public auction process.
Obtaining a List of Tax-Foreclosed Properties
If you are interested in receiving the list of properties that will be sold at the next public auction, please send a self-addressed, stamped envelope to Property Manager, Washington County, Facilities and Parks Services, 169 N. First Avenue, MS #42, Hillsboro, OR 97124. The list will be mailed to you approximately four weeks prior to the auction.