Redemption
24 mo
Max interest
1.3333%
You buy the property itself, not a lien. The owner has 2 years to pay you back. You earn 1.3% interest a month. You win with the highest bid. Sales are held on a schedule that varies by county.
Sale type
ORS 312.200
https://www.oregonlegislature.gov/bills_laws/ors/ors312.html“The properties not redeemed within the two-year period prescribed by ORS 312.120 shall be deeded to the county by the tax collector”
Redemption
ORS 312.120
https://www.oregonlegislature.gov/bills_laws/ors/ors312.html“shall be held by the county for the period of two years from and after the date of the judgment of foreclosure, unless sooner redeemed”
Interest
ORS 311.505
https://www.oregonlegislature.gov/bills_laws/ors/ors311.html“(2) Interest shall begin to accrue, and shall be collected, at the rate of one and one-third percent per month, or fraction of a month, until paid”
Bid method
ORS 312.520
https://www.oregonlegislature.gov/bills_laws/ors/ors312.html“The property shall be sold to the highest bidder at auction, provided the bid exceeds the outstanding taxes and other allowable costs chargeable against the property”
Sale timing
ORS 312.520
https://www.oregonlegislature.gov/bills_laws/ors/ors312.html“After the expiration of the statutory redemption period under ORS 312.120 or 312.122, the county may elect to retain the property for public purposes or transfer title to the property to a nonprofit organization”
ORS 312.120 (2-year redemption, 5% penalty); ORS 311.505(2) (1-1/3%/month). | Prose: deed | interest 1-1/3% per month on delinquent taxes; 5% penalty plus interest on redemption (ORS 312.120(2)) | 2 years after judgment of foreclosure, unless sooner redeemed | public high-bid auction to highest bidder (after county holds property) | varies by county (auctioned only after redemption period if not retained/transferred)
ORS 312.120 (2-year redemption, 5% penalty); ORS 311.505(2) (1-1/3%/month).
| County | FIPS | Platform | Health |
|---|---|---|---|
| Baker County | 41001 | — | not_started |
| Benton County | 41003 | — | not_started |
| Clackamas County | 41005 | — | not_started |
| Clatsop County | 41007 | — | not_started |
| Columbia County | 41009 | — | not_started |
| Coos County | 41011 | — | not_started |
| Crook County | 41013 | — | not_started |
| Curry County | 41015 | — | not_started |
| Deschutes County | 41017 | — | not_started |
| Douglas County | 41019 | — | not_started |
| Gilliam County | 41021 | — | not_started |
| Grant County | 41023 | — | not_started |
| Harney County | 41025 | — | not_started |
| Hood River County | 41027 | — | not_started |
| Jackson County | 41029 | — | not_started |
| Jefferson County | 41031 | — | not_started |
| Josephine County | 41033 | — | not_started |
| Klamath County | 41035 | — | not_started |
| Lake County | 41037 | — | not_started |
| Lane County | 41039 | — | not_started |
| Lincoln County | 41041 | — | not_started |
| Linn County | 41043 | — | not_started |
| Malheur County | 41045 | — | not_started |
| Marion County | 41047 | — | not_started |
| Morrow County | 41049 | — | not_started |
| Multnomah County | 41051 | — | not_started |
| Polk County | 41053 | — | not_started |
| Sherman County | 41055 | — | not_started |
| Tillamook County | 41057 | — | not_started |
| Umatilla County | 41059 | — | not_started |
| Union County | 41061 | — | not_started |
| Wallowa County | 41063 | — | not_started |
| Wasco County | 41065 | — | not_started |
| Washington County | 41067 | — | not_started |
| Wheeler County | 41069 | — | not_started |
| Yamhill County | 41071 | — | not_started |