Oregon 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
See Video
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