4W // Real Estate & Home Builders Guide // October 2017
Each offi ce independently owned and operated
1055 S. Hwy 395,
Suite 313,
Hermiston, OR 97838
541-289-5454
Cornerstone
Fax: 541-289-5456
hermistoncornerstone.com
GREAT PIECE OF PROPERTY!
ON NORTH WEST SIDE OF HERMISTON
Brenda Knight,
Broker
541-720-1507
& H om ebu ilders G u ide
WEST ZONE
TABLE OF CONTENTS
Service Directory ................................2W
Morrow County:
Mt. Valley Land Co ..................16W, 17W
Umatilla County:
EO Media Group • 211 SE Byers • Pendleton, OR 97801
A
R eal E state
To Advertise in the Eastern Oregon Real Estate & Homebuilders Guide Contact
541-278-2670 • 1-800-987-7511 • realestate@eastoregonian.com
Q
: We lost a piece of property due to
back taxes. The property was in the
names of my husband and his two sisters
and brother. None of them would help
us pay the taxes, so they were not paid. I
received a letter that the property had been
sold, but I could pay the tax and redeem the
property. That is what I want to do, but only
in my name and my husband’s name, as the
other relatives refuse to help pay the taxes
or maintain the property. Can this be done?
: When you say that you lost the
property, you may not understand the
process of how tax sales work. The property
is owned by your husband and his siblings.
At this point they still own the property
even though there has been a tax sale.
So let’s give a brief summary of how
real estate tax sales work. In places where
homeowners pay real estate taxes, those
taxes are billed annually and generally paid
once or twice a year. If the homeowner fails
to make a payment, the property goes into
the delinquent rolls. At some point -- say
one year or more -- the taxing body sells the
delinquent taxes to the highest bidder in an
auction.
Tax buyers are willing to pay the taxing
body for the delinquent tax amounts
because they know that if the tax bills
remain unpaid they can come to own the
property for the amount they paid at the tax
sale. (This is what happened not too long
ago in San Francisco, where two enter-
prising investors picked up small parcel in
the middle of one of the most expensive
blocks in the city for less than $1,000.) If
the taxes are redeemed, then the investors
get their money back plus interest at a hefty
amount. For tax buyers, buying at tax sales
can be a great business model.
On the other side is the homeowner. The
homeowner usually will pay up to avoid
losing the home to back taxes. So, once the
tax buyer has purchased the taxes, the local
municipality may send out an additional
notice to the homebuyer telling him or her
that they have a certain amount of time to
redeem the tax sale. That means that the
homeowner -- in your case your husband
and his siblings -- can pay what is owed and
bring the property back to current status on
the tax rolls.
Jeanne Jewett • Audra Workman
Kimberly Macias • Angela Treadwell
By Ilyce Glink
and Samuel J. Tamkin
Tribune Content Agency
Eastern Oregon
Advertising Sales
Paying back taxes for family does
not guarantee home ownership
American West Properties, Hermiston
.................8W, 9W, 10W-11W, 12W, 13W
Fordice Real Estate Services. Inc ......14W
Hermiston Realty ...17W, 18W-19W, 20W
Preferred Realty, Inc .....................3W, 8W
RE/MAX Cornerstone ..................4W, 5W
Universal Realty .................... 6W-7W, 8W
Miller Realty .............................14W, 15W
C Holt Real Estate ............................14W
Affiliates:
Pioneer Title .....................................17W
Fairway Independent Mortgage .........1W
Bank of East Oregon ........................14W
Landmark Professional Mortgage .....14W
American Pacific Mortgage ..............13W
Banner Bank .......................................8W
W
M
E
Price Reduced!
HOME SITS ON JUST UNDER 1 ACRE, COMPLETELY
FENCED. Fresh paint and some updates through out home.
There are 2 carports for all your toys and lots of room to spread
out and enjoy country life without too much land to take care
of. HID water rights, drilled well, located just out side of the city
limits. RMLS 17381481 $175,000. Hermiston, OR
W= WEST: Umatilla, Morrow, Gilliam & Wheeler Counties
E = EAST: Umatilla, Morrow, Gilliam & Wheeler Counties
M = MOUNTAIN: Union, Wallowa, Baker, Grant, Malheur
& Harney Counties
October 2017, Volume 32, Number 10 Eastern Oregon Real Estate & Home Builders Guide is published month-
ly by the East Oregonian Publishing Company, 211 SE Byers, Pendleton, Oregon 97801. Subscription rates are $16
for 12 issues. Third-class postage paid at Pendleton, Oregon. For subscription service questions, call (541) 278-2670
or 1-800-987-7511 or write Eastern Oregon Real Estate & Home Builders Guide, 211 SE Byers, Pendleton, Oregon
97801. All real estate advertising in this paper is subject to the Federal Fair Housing Act of 1968 which makes it
illegal to advertise “any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial
status or national origin, or an intention to make any such preference, limitation or discrimination.” This paper will
not knowingly accept any advertising for real estate which is in violation of the law. Our readers are hereby informed
that all dwellings advertised in this paper are available on an equal opportunity basis. The information in this paper
is deemed to be correct but not guaranteed. All properties or information contained in this paper are subject to prior
change, modification, sale, or withdrawal from the market. Copyright© 2016 EO Media Group. All rights reserved.
www.eastoregonrealestate.com