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Oregon Foreclosure Law  Short Sales

      Oregon Foreclosure Law     

Download Foreclosure Timeline

 

Summary:

 

  • Most notices of default are delivered after 120 days of default
  • Non-judicial foreclosure is most common.  Non-judicial foreclosure is foreclosure by trustee sale, with no right of redemption
  • Minimum 120 days from recording and delivery of notice of default (NOD) to foreclosure sale
  • Last day for equitable redemption, meaning last day for legally enforceable loan reinstatement, is 5 days prior to foreclosure sale
  • Property owner has 10 days to vacate property after foreclosure

 


 

Oregon Foreclosure Law

 

OREGON FORECLOSURE LAW

 

Direct Link to Oregon Law Statutes