Notices of Default in Bend
In between floating the river, trying to successfully catch the salmon fly hatch on the Deschutes, checking the speed and roll on the local greens, and sampling the latest microbrew, we try to keep a pretty close eye on the notices of default in Bend and Central Oregon. In fact, we track them daily. With the forces presently at work in the economy, nobody can actually predict what is going to happen; however, the NOD’s can help give us a clue to the future number of foreclosures in Bend OR.
The latest statistics show that the number of notices of default in Deschutes County actually fell quite substantially for the month of May, especially when viewed in comparison with the previous couple of months this spring. The chart below paints a pretty clear picture and helps us to analyze trends in foreclosures in Bend OR.
Notices of default in Bend on real estate mortgages are often the start of the foreclosure process; the lender must file a notice in the county where the property is located. Also, the defaulting borrower must be personally served at least 120 days before the sale date. The notice must contain additional information: date, time, and place of sale, a description of the default.
Foreclosure Sales
Bend foreclosure sales must take place between 9 AM and 4 PM on the day designated as a part of a public auction. The property will be auctioned to the highest bidder.
Click on the following links to receive more updates on notices of default and foreclosure sales in Deschutes County. We’d like to be your Bend foreclosure property team. Now, about that beer, click on microbrew and specify your preference.
