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NEXT SCHEDULED AUCTION:

TBD

Registration begins at 9:00 a.m.

Auction begins at 10:00 a.m.

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Auction List of Properties

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Linn County Property Management

330 3rd Ave SW Albany, OR 97321

Phone: (541) 967-3807

Fax: (541) 928-3517

Email: LCproperty@co.linn.or.us

Office Hours:

MON: 8:30 A.M. - 12:00 P.M.

TUE-FRI: 8:30 A.M. - 12:00 P.M. &

1:00 P.M.- 5:00 P.M.



www.co.linn.or.us/propertymanagement

PRIVATE SALES:

Policy Approved January 26, 2016

POST AUCTION PROPERTY PRICING POLICY


Pursuant to ORS 275.200, any real property that remains unsold after a scheduled public auction may be sold by the County in accordance with the following provisions and the terms set forth in ORS Chapter 275.

The following provisions shall apply to any and all properties that fail to sell at a scheduled public auction:

1. For any property that fails to sell at a scheduled property auction, the Property Manager shall set the minimum sealed bid price at 10% less than the minimum auction price.

2. On a bi-annual basis, in July and December, the Property Manager shall review each property in the post-auction property inventory, and the associated minimum bid percentages.

3. Upon each post-auction property inventory review, the Property Manager shall either hold or adjust the percentage discount of the assessed real market value (RMV).  The Property Manager must seek Board of Commissioner approval for any discounts less than 50% RMV.  

4. Upon completion of each post-auction property inventory review, the Property Manager shall submit a report to the Board of Commissioners.  The report shall contain the following information:

a. Current property inventory

b. Real market value for all properties

c. Percent discount, if any, for all properties

d. Any and all current and/or proposed marketing activities

5. If a property exceeds two years on the post-auction inventory list, upon the next bi-annual review, the Property Manager will prepare a realtor’s agreement for the individual sale of the property.  This agreement shall abide by public contracting laws and be subject to legal review and the Board of Commissioners approval.