Oregon · money left over after a foreclosure sale
Trustee's sale: the trustee pays any surplus to the borrower (the grantor) or successor. Court foreclosure: the sheriff gives the net proceeds to the court administrator and the court orders distribution
Not researched yet — ask the clerk
After a trustee's sale, ask the trustee named in the sale notice for the surplus. After a court (sheriff) sale, ask the court in the foreclosure case; the court's distribution order controls payment.
Ask the clerk for the deadline.
Who holds it: Trustee's sale: the trustee pays any surplus to the borrower (the grantor) or successor. Court foreclosure: the sheriff gives the net proceeds to the court administrator and the court orders distribution
How long: Not researched yet — ask the clerk
How you claim: After a trustee's sale, ask the trustee named in the sale notice for the surplus. After a court (sheriff) sale, ask the court in the foreclosure case; the court's distribution order controls payment.
Your deadline: ____________ (confirm it with the clerk)
Not researched yet — ask the clerk
Not researched yet — ask the clerk
Source: ORS 86.794; ORS 18.950; ORS 86.705-86.815; ORS 86.797(1); ORS 18.860-18.993; ORS 18.924(4); ORS 18.964; ORS 98.336(2); ORS 703.401(2). Researched, not yet checked by a lawyer; confirm with the clerk. Not legal advice.