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    larryc1010's Avatar
    larryc1010 Posts: 1, Reputation: 1
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    #1

    Feb 17, 2011, 09:52 PM
    Oregon real estate can I buy back my forclosed house?
    My house was forclosed last year. It came on the market this year. I came into some money. Enough to pay cash for it.can I buy it back?and will they come after me for balance?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    Feb 18, 2011, 07:06 AM
    Quote Originally Posted by larryc1010 View Post
    ... can i buy it back?...
    You have enough to buy it outright? Sure.

    Quote Originally Posted by larryc1010 View Post
    ... and will they come after me for ballance?
    Depends on whether, under the terms of the mortgage they can sue you for the deficiency; or whether Oregon has an anti-deficiency statute. You should consult with an attorney in Oregon. And, fortunately, you have the money to enable you to do that.
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