Re: Tax Leins - Oregon - Posted by Ronald * Starr(in No CA)
Posted by Ronald * Starr(in No CA) on September 29, 2003 at 20:55:47:
I grew up mainly in Oregon, from age 5 to 21. Still have a soft spot in my heart for it. I moved to California long ago and eventulally got the moss combed out of my hair.
I’ve attended a couple of tax sales in OR.
There are no tax liens in OR. When property taxes are delinquent the counties deed the property over to themselves, then a year or more later they have a public tax auction, whereby one can buy the property and get a deed soon.
OR is the only state which has financing on tax deed purchases. All other states, as far as I can tell, require payment right away or within a few days. However, in OR the state will carry a contract of deed for you, to be paid off over up to 20 years, if I recall correctly, depending upon the purchase price of the property.
Check online sites of treasurers or tax collectors in OR. Some will have some good information for you. Also, read the state statutes on the collection of delinquent property taxes.
Good InvestingRon Starr****