Jackson County, Oregon, USA

FINANCE DEPARTMENT
Jackson County Courthouse
10 South Oakdale Ave.
Medford, Oregon 97501

July 25, 2017
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Annual Real Property Sale

Questions regarding County property sales contact the Property Manager Theresa Spradling 541-774-6532

If you wish to be placed on the auction notification , please provide a stamped self addressed envelope, or email your request to spradlta@jacksoncounty.org for email notification of the list.  I will then place you on the list of people to be notified at the time of the next auction, the list can also be accessed on our website, when available.
 
1.  There is normally only one public auction per year, and the date varies.  The auction is held in the morning at 10:00 am in the courthouse auditorium.
 
2.  The auction is advertised in the Mail Tribune four consecutive week’s before the sale.
 
3.  Registration for the sale takes place from 9:00 to 10:00 a.m. the morning of the auction.
 
4.  Properties are offered for sale with a minimum bid specified.  This minimum bid is usually set at approximately 70% of the market value.  They are not sold for the amount of back taxes.
 
5.  Payment in full is required at the time of sale on properties with a closing bid under $10,000.  Properties with a closing bid in excess of $10,000 will have the option of purchasing on a Land Sales Contract. Purchasers are requested to pay by cash, cashier’s check, or money order.  A down payment of 10% or $200 (whichever is greater) can be made, with the remainder of the purchase price or down payment due within five business days.  The down payments are non-refundable, and all purchases are considered final.

Financial Statement

Sample contract
 
6. Terms for Land Sales Contract shall be ten percent down (10%) at the time of the auction, balance of sales price to be paid in equal monthly installments over a term not exceeding fifteen years (15) with interest at nine percent (9%) per annum. Purchaser must submit completed financial statement and signed Land Sales Contract within ten (10) business days from the date of sale or this sale shall be null and void, and deposit forfeited.
 
7.  A Certificate of Sale is issued to the purchaser at the time of sale, with a quit claim deed being prepared within 180 days of the auction.  We make no warranty on these properties, and we do not provide title insurance.
 
8.  In the state of Oregon, a previous owner’s right of redemption ends at the time the property is deeded to the county.  It is the purchaser’s responsibility to determine the existence of any other existing liens.
 
9.  Any person desiring to bid must do so in person, or may send a representative to bid for him/her.
                                                          
10.  Those properties which do not sell at auction may possibly be offered later at a private sale.