Oregon · money left over after a foreclosure sale

You can claim it yourself, for free

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.

If someone offers to do it for you

Checklist: Oregon, money left over after a foreclosure sale

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)

Steps

  1. Find out whether it was a trustee's sale or a court foreclosure
  2. Trustee's sale: ask the trustee in writing for the surplus after junior liens are paid
  3. Court sale: contact the court administrator for the case about the order of distribution
  4. Ask the court to direct payment to you if the order does not already do so

Documents

Not researched yet — ask the clerk

What it costs you

Not researched yet — ask the clerk

If someone offers to do it for you

Official links

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.