At the end of the redemption period, the Tax Collector deeds the property to the county, at which time all taxes, interest, and penalties are canceled. Once the property has been deeded to the county, the taxpayer's ownership, as well as any vested interest holder rights, are terminated. The property owner may ask the Board of County Commissioners (BOCC) to sell the property back at a private sale, but it is at the discretion of the BOCC to grant or deny the request.
Once acquired, the property becomes part of the county's land and can be sold at public auction (at the discretion of BOCC) to the highest bidder. It is rare for Tillamook County to acquire property through tax foreclosure, and typically they are properties that are nuisance strips or have some other condition which diminishes use and/or value.
For further information regarding public lands sales, click HERE
Step One and Two: Delinquent Taxes & Real Property Foreclosure
Step Three: Two Year Redemption Period
Additional Foreclosure Information from the Department of Revenue
This page was last updated on Wednesday, July 30, 2014 10:57 AM