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2009 Foreclosure Process Time Line

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									                                                                         2009 Foreclosure Process Time Line
                                                                                         2005-06 Taxes remain unpaid

                                                                   APPROXIMATE                                                 ACTION BY TAXPAYER TO END
                                                                                       ACTION BY COUNTY
                                                                   DATE                                                        FORECLOSURE PROCESS

                                                                   Approx.             Delinquent notices are sent             Payment of delinquent tax and interest
                                                                   May 19th, 2009
  Can take property out of foreclosure by payment of the 2005-06




                                                                                       indicating the date that proceedings    for 2004-05 tax year.
                                                                                       are to begin.
                                                                                                                               Payment of delinquent tax and interest
                                                                                       Owners of property subject to           for the 2004 and older taxes. Payment
                                                                   Approx.             foreclosure are notified by First       by cash, cashier's check or money
                                                                   July 1st 2009       class mail to the latest address on     order is required from July 16th
                                                                                       tax roll.                               forward.
                                                                                                                               Payment by cash, cashiers check or
                                                                   Approx.             Owners of property subject to           money order of delinquent tax and
                                                                   July 16th 2009      foreclosure are notified by Certified interest for the year(s) causing
                                                                                       mail to the latest address on tax roll. foreclosure.

                                                                                       Foreclosure list is prepared and        Payment by cash, cashiers check or
                                                                   Approx.             submitted for publication in a          money order of delinquent tax and
                                                                   August 11th 2009    newspaper of general circulation in     interest for the year(s) causing
  taxes, interest and fees.




                                                                                       the county, the Grants Pass Daily       foreclosure plus a penalty of 5% of the
                                                                                       Courier.                                total tax and interest owed on the
                                                                                                                               property.
                                                                   August 17th 2009    Foreclosure list is published in the
                                                                                       Grants Pass Daily Courier.

                                                                                       30 days after publication Judgement
                                                                   October 12th 2009   is granted by the circuit court. 2-
                                                                                       year redemption period begins.

                                                                                       County notifies the owner and other     Payment by cash, cashier's check or
  Can redeem the property by paying the 4




                                                                                       persons with a recorded interest in     money order is required.
                                                                     (After 10/6/10)   the property that the redemption
                                                                                       period will end in 1 year. The notice   All taxes and interest shown on the
  oldest years’ taxes, interest & fees.




                                                                         Target
                                                                                       is sent by first class mail and by      judgment plus additional interest and
                                                                     December 2010
                                                                                       certified mail. The notices to the      penalties must be paid in full.
                                                                                       owner are sent to the address on the
                                                                                       current tax roll.                       Partial payments cannot be accepted.
                                                                     (After 9/16/11)
                                                                         Target        Notice of expiration of redemption
                                                                     December 2011     period is published in two weekly
                                                                                       issues of a newspaper.
                                                                                       Redemption period ends. Property
                                                                   (After 10/16/11)
                                                                                       is deeded to the county 2 years after
                                                                   December 2011                                             All ownership rights are lost.
                                                                                       judgement is granted.



S:\TAX\ALL\Foreclosure Folders\Foreclosure Timeline\2009 Time Line.doc

								
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