Foreclosure in Veneta>Question Details

Mrs K, Home Buyer in Bethel-Danebo, Eugene,...

my question was not answered before. the question is if property is being foreclosed does the property its self need to be posted with auction date

Asked by Mrs K, Bethel-Danebo, Eugene, OR Mon Feb 8, 2010


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It all depends on where property is located and State laws what needs take place for a lender foreclose on a home. Best confer with an attorney.
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0 votes Thank Flag Link Mon Feb 8, 2010
Hello Mrs. K,

In Oregon you will find that when a NOD is issued a homeowner is notified in writing that the property will be foreclosed and an auction date is set. That date is part of the public record. The notice attached to the property will note the amount of arrears as of the foreclosure date and I believe the auction date is listed on that document. However, you don't always see that notice on properties...especially if the resident is still in the home....they rarely keep it posted on the building.

June Lizotte, Real Estate Broker
Providing REAL Service
June Lizotte Real Estate
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0 votes Thank Flag Link Mon Feb 8, 2010
Unless you have a specific state law the answer is no. In most cases the law states the auction has to be posted in a legal notice in your local paper for 3 consecutive weeks prior to the foreclosure auction.
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0 votes Thank Flag Link Mon Feb 8, 2010
It normally is put in local papers and a list is at the court house. There isnt always a posting at the foreclosed property as to an auction date and/or time.
0 votes Thank Flag Link Mon Feb 8, 2010
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