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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
"2009 Foreclosure Process Time Line"