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AED Program Implementation
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Real Property Auction: Do I need to pre-register for the real property auction?
There is no pre-registration for the real property auction. Registration occurs at the door the day of the auction.
Real Property Auction: Do you have “over the counter sales” for real property not sold at auction?
Washington County refers to over the counter sales as private sales. Real property that did not sale at a previous real property auction may be sold through a private sale
Real Property Auction: Do you hold mortgage foreclosure auctions?
No, the mortgage foreclosure auctions are not conducted by Washington County. Mortgage foreclosure real property auctions are conducted by a Trustee appointed by the Mortgage Company. Typically, the only involvement Washington County has with the mortgage foreclosures is recording of the documents. The Washington County, Department of Assessment & Taxation, Recording Division, can be contacted at 503.846.8752 regarding a mortgage foreclosure property. You can also visit this department and do research on the mortgage foreclosures. The Department of Assessment & Taxation, Recording Division, is located at 155 North First Avenue, Room 130, Hillsboro, OR.
Real Property Auction: How can I be notified of the next real property auction?
Click on the Real Property Auction page and on the bottom of the page you can submit the form to be added to the email notification list. The County will send out an email approximately 1 month before the auction.
Real Property Auction: How does the auction work?
You must register to bid and receive a bidder’s number. Bidding begins at the minimum bid established in notice of sale and continues incrementally until no more bids are offered. The successful bidder must provide the required deposit at the time of sale and sign a Certificate of Sale Agreement. The balance of the purchase price is due at closing, which is typically within 30 to 60 days from the date of the auction.
Real Property Auction: How is the minimum bid set for the real property auction?
The minimum bid for tax properties at auction is typically established at 70 percent of the assessed Real Market Value (RMV) for the property.
Real Property Auction: How often are real property auctions held?
The auctions are held whenever there is property available for sale. Currently, there is no specific date when the auction occurs.
Real Property Auction: Is the required deposit for the purchase of the real property refundable?
No, the required deposit for purchase of the real property at auction is not refundable.