Property Resources

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 lien holder(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 it is added to the county's inventory of property and offered for sale at public auction.

In Clackamas 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.