Oregon Tax Sales Explained

Today’s Post features excerpts from the Oregon Tax Sales Explained video on YouTube. Oregon has 36 counties. It is a deed state. It uses the Premium Bid Method to conduct it’s tax sale auctions.

Oregon Tax Sales Explained

The state of Oregon gives most of the disicion making to the counties. Counties set their minimum bid for properties. A percentage of the fair market or assessed value is the norm. Now, this minimum bid is an obvious disadvantage for an investor. After all, we are looking to buy real estate for pennies on the dollar.

There IS some good news. In the past, many Oregon counties have financed investor purchases. That said, there is a give and take at play that might be useful for the right property.

More on Oregon Tax Sales Explained

Annual Oregon tax deed auctions occur at various times throughout the year. The timing depends on the county. All Oregon tax deed auctions are all conducted on location. Over the Counter Sales are also permitted. The County Assessment and Taxation Office sells Unsold tax deed properties. The submitted offer must meet the required approval of the county board.

The “two-thirds of assessed value” thing is a problem. But the fact that Oregon is willing to finance the properties is helpful. Also, since there is generally less profit per deal, there will be less competition. That said, I give Oregon a weak 3 out of 5. It is trending more toward a 2 out of 5 for obvious reasons. Remember folks, we are looking for low hanging fruit or problems we can solve in an easy and simple manner.

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If you would like to have Oregon Tax Sales explained even more,

Click on one of the links below

For the Tax Sales Course

Click Here:

Ultimate Tax Sales Course

Interested in Other States?

Click Here:

State Tax Sales Map

To Get the FREE State Worksheet

Click Here:

FREE State Worksheet

For the Ultimate Real Estate Dictionary

Click Here:

Ultimate Real Estate Dictionary

For the Tax Sales Course

Click Here:

Ultimate Tax Sales Course

Interested in Other States?

Click Here:

State Tax Sales Map

To Get the FREE State Worksheet

Click Here:

FREE State Worksheet

For the Ultimate Real Estate Dictionary

Click Here:

Ultimate Real Estate Dictionary

Interested in Tax Sales in Another State?

Tax Sales investing is a niche that has the potential to be insanely profitable.

However, most investors do not have a deep understanding of this investing strategy.

Every state has a unique set of rules and regulations. There are some basic rules you need to understand as to how the process works. Generally, states will fall into one of three categories:

Tax Lien States
Tax Deed States
Hybrid States

Hybrids are states who conduct their tax sales by selling tax deeds with a caveat. The deeds have a redemption period much like a tax lien certificate.

This map provides links to information for every state as well as Washington DC.

Oregon Tax Sales Explained