| Lane County, Oregon | eGovernment |
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Lane County will be holding an oral auction of its surplus, real property on Monday, September 11, 2006. The auction will begin at 10:30 AM and will be held in Harris Hall in the Lane County Public Service Building, 125 E. 8th Avenue, Eugene, OR 97401.
Plan on arriving about thirty minutes before the auction begins as you will need to register and be assigned a bidding number.
Below is the auction Notice and Terms. To view a list of the properties being offered, Click Here
NOTICE OF SALE OF SURPLUS LANE COUNTY‑OWNED REAL PROPERTY
NOTICE IS HEREBY GIVEN in accordance with the provisions of ORS 275.110 and 275.120 and pursuant to an Order made on the 2nd day of August, 2006 the Board of Commissioners of Lane County, Oregon, directed the sale of real property acquired by Lane County through foreclosure, purchase or otherwise. The Board of Commissioners fixed the minimum price for which said property shall be sold, and directed me, as Sheriff of Lane County, to sell said real property in accordance with the provisions of the Order on the 11th day of September, 2006 at the hour of 10:30 a.m. at Harris Hall, Lane County Courthouse/Public Service Building, 125 East Eighth Avenue, Eugene, Oregon. The parcels of real property described will be sold for not less than the minimum price set opposite each piece and/or parcel of real property. All sales will be considered final and no refunds will be made. Terms of the sale are as follows:
Properties are sold on an AS IS, WHERE IS, WITH ALL FAULTS basis without warranty or guarantee, expressed or implied, as to the physical/environmental condition of the property, location of property boundaries, condition of title, whether lots were legally created according to Oregon Land Use law, existence of legal access or the ability to acquire permits for building, subsurface, sewerage or other development rights under Oregon Land Use law. Conveyance will be by QUITCLAIM DEED. Eachparcel may be subject to claims or liens of a municipal corporation or other liens of record. Accordingly, each parcel should be thoroughly investigated by prospective bidders to judge the condition of the property, seeking professional help if necessary. The Board of Commissioners reserves the right to withdraw any of the properties from the sale at any time prior to, or at the time of, the sale. Also, the Board of Commissioners reserves the right to accept or reject any or all bids. All information is presumed from reliable sources. If an error is detected,the parcel may be removed at the time of the sale and offered again at a later date. Title insurance, if any, will be at the option and expense of the purchaser. This notice will be published for four consecutive weeks prior to the date of sale in the Register-Guard, a newspaper of general circulation in Lane County.
ADDITIONAL TERMS
SALE PRICE TERMS*
1. Up to $14,999 Cash Only. 25% of sale price due at time of sale. Balance payable at closing.
2. $15,000 ‑ $49,999 Cash/Contract Terms: 25% down at time of sale, balance payable at closing or in equal monthly installments including interest at the rate of prime plus 3% per annum (fixed rate) amortized over a period not to exceed 72 months. Entire contract balance will be due and payable within 24 months of contract execution.
3. $50,000 + Cash/Contract Terms: 25% down at time of sale, balance payable at closing or in equal monthly installments including interest at the rate of prime plus 3% per annum (fixed rate) amortized over a period not to exceed 120 months. Entire contract balance will be due and payable within 24 months of contract execution.
4. Parcel # 5 (17-04-36-41-12500) will be sold for cash only. No contract terms offered.
PAYMENT MUST BE MADE WITH CASH, CASHIER’S CHECKS OR CERTIFIED BANK CHECK PAYABLE TO LANE COUNTY. NO PERSONAL CHECKS, BUSINESS CHECKS OR CREDIT CARDS WILL BE ACCEPTED.
All bidders shall register prior to bidding.
For parcels which sell above the minimum bid, a 25% deposit of the minimum bid will be due at the time of sale with the balance of the required 25% deposit due by 5:00 p.m. of the day of sale. If the 25% deposit of the minimum bid has not been remitted for any particular parcel prior to the closing of the sale by the Sheriff, said parcel shall be considered as not receiving a bid and may be re-offered for bid by the Sheriff before closing the sale.
The balance of cash or first payment on contract will be due within thirty days after approval of sale by the Board of County Commissioners. Said approval shall take approximately thirty days. A timber acceleration clause will be included in all contracts as well as a personal guaranty if purchaser is a business entity or Trust.
For questions or further assistance, contact Lane County Property Management Division at (541) 682-4174.
Russel Burger, Lane County Sheriff
ADDITIONAL TERMS AND INFORMATION ABOUT THE SALE
OF SURPLUS COUNTY‑OWNED REAL PROPERTY
1. These parcels were acquired by foreclosure resulting from delinquency in payment of real property taxes, and other means of acquisition.
2. No survey has been or will be made by Lane County to establish property lines. Properties described may have portions dedicated to public bodies for use as roads, easements or other use. All bidders should inspect the sites to be aware of the conditions.
3. Certain parcels are small strips or irregular pieces which would be of no value to anyone except the owners of the adjacent property and are now being offered for sale as the law requires such sale to be public. It is the policy of Lane County to sell these parcels to an adjoining owner.
4. Oral bidding for each parcel will start at the minimum bid shown in the published notice. All raises must be in increments of $50 or more.
5. The full purchase price must be paid in the form of cash, cashier's check or certified bank check for parcels that are sold for less than $15,000. Terms are available for purchases of $15,000 or greater, as per the schedule in the legal advertisement in the Register-Guard. A 25% deposit is required at the time of sale for all parcels. For parcels which sell above the minimum bid, a 25% deposit of the minimum bid will be due at the time of sale with the balance of the required 25% deposit due by 5:00 p.m. of the sale day. No personal or business checks or credit cards will be accepted. Cashier's checks or bank checks must be made payable to Lane County.
6. A certificate of sale, subject to approval of the Lane County Board of Commissioners, will be issued to the purchaser on the day of sale. A Quitclaim Deed or Agreement to Sell will be processed after approval by the Board of Commissioners.
7. CAUTION: On occasion, some parcels have proven to be only errors in descriptions, gaps where surveys do not coincide or where only a partial interest may be held, and conflicts of ownership have thus arisen. No warranty as to title is made. Any interest that Lane County may have will be conveyed by Quitclaim Deed. It is strongly suggested that bidders secure title reports prior to the sale date for parcels they are interested in.
8. CAUTION: The properties may not be developable under Oregon Land Use Regulations. It is strongly advised that prospective bidders check with the jurisdiction(s) responsible for issuing development permits for the property they are interested in regarding allowable uses and development criteria.
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