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BANK OWNED HOMES FOR SALE IN UTAH                                          

Utah Bank Owned and Foreclosure Properties..  Free Report!!

Salt Lake County Bank Owned Properties

 

  Bank Owned, Foreclosures? Today in Salt lake County we have over 230 Bank Owned Properties, of theses 239 active REO listings, 159 or a little more than 66% are priced below $200,000. 18 % (45) are priced between 200k-300k. This is great news for first time Buyer's. Contact us about our buying Bank Owned property handbook.  Buying REO properties is not as scary or risky at all. I like the fact that the homes are Vacant giving my clients freedom to fully inspect and perform any testing (DUE Diligence)to complete satifaction. We have been succesful in negotiating seller paid repairs and seller paid closing costs up to 3%. Purchasing REO property in Salt Lake county has for the most part has  been a very positive experience for myself, a Realtor, and my Clients. 

 Here are some other interesting facts:

1. In Salt Lake County we have 239 (3.5% of market)Active Bank owned properties.

2.  We have 109  REO properties under contract 10 % of total Sale Pendings.

3. In the last 90 days we have sold in Salt Lake County 419 Bank Owned Homes, of a total Sold of 2119. Almost 20% of all Sold in last 90 days in Salt Lake County have been Bank Owned Homes.

Herriman /Bluffdale  = 5

Salt Lake City Bank Owned  = 76 active listings

South Jordan/ West Jordan = 43 REO properties

West Valley City = 23

 Murray Taylorville/Midvale/ So. Salt Lake = 28

Bank owned Homes in Bountiful/North Salt Lake/Woods Cross = 14

Park City/ Summit County Bank Owned = 23 properties  

 The facts are in.. Our Real Estate Market is about Bank Owned Property. Until we stop the forclosures and Dry up the inventory Bank Owned properties will continue to be the core of the market offering exceptional value especially starter homes and first Time Home Buyer's. If the value is there, Buy That REO!

4. What does this tell us?  Buying a Bank Owned home for a primary residence or as a investment property may be something to consider .  Bank Owned Listing and property by location:

Draper/Sandy =  36 active Bank Owned Homes.

 

Found: 8
Avg: $215,800
Avg $ SqFt: $131
Search Area: Alta, Bluffdale, Brighton, Cottonwood Heights, Draper, Emigration Canyon, Herriman, Holladay, Kearns, Magna, Midvale, Murray, Riverton, Salt Lake City, Sandy, Snowbird, Solitude, South Jordan, South Salt Lake, Taylorsville, West Jordan, West Valley City
Price: $0 to $50,000,000
Style: NA
Sale Type: Foreclosure
Show:
View:  
  Page 1 of 1  
 
$95,000
621 S CHEYENNE ST, Salt Lake City UT 84104
2
BEDS
1
BATHS
660
SQFT
$144
$/SQFT
0.12
ACRES
1911
BUILT
"Convenient location. 2 car detached garage and out buildings. Ready for your upgrades. This is a Fannie Mae property. Buyer to verify all info. "
$169,900
3625 S 5450 W, West Valley City UT 84120
4
BEDS
2
BATHS
1,756
SQFT
$97
$/SQFT
0.21
ACRES
1942
BUILT
"NO BLIND OFFERS/SUPRA REPORT IS CHECKED** Darling bungalow style home situated on 0.21 acres of land with an over-sized 2 car detached garage. Located down a very quiet, mature tree lined street. Home features 4 bedrooms and 2 full bathrooms. There are laundry hookups in the kitchen as well as a full laundry room in the basement. *See agent remarks for submitting offers* "
$184,900
462 E BRAIDHILL DR, Draper UT 84020
3
BEDS
3
BATHS
1,564
SQFT
$118
$/SQFT
0.04
ACRES
2002
BUILT
"*** New Carpet Installed, Price Reduced***Great location!! This townhome has a great layout and excellent potential. . Big bonus room in the basement with W/D hookups. Close to freeway access, dining and shopping. Must see! Home is being sold as is, buyer/agent to verify all. "
* PRICE LOWERED - $189,900 TO $184,900 
$190,800
7242 W GARDENIA AVE, Magna UT 84044
5
BEDS
2
BATHS
1,844
SQFT
$103
$/SQFT
0.15
ACRES
1977
BUILT
"Beautiful Magna home with lots of upgrades. New carpet, paint, appliances, and more. This is a Fannie Mae HomePath property. Buyer to verify all info. First Time Buyers, complete the HomePath Ready Buyer homeownership course. Attach certificate to offer and request up to 3% closing cost assistance. Restrictions apply. "
* NEW LISTING 
$240,000
1486 E 4230 S, Salt Lake City UT 84124
3
BEDS
1
BATHS
1,170
SQFT
$205
$/SQFT
0.20
ACRES
1955
BUILT
" Price reduced! New carpet, paint, countertops, vinyl, and more. Shaded side patio leads to open family room. Dog run. This is a Fannie Mae HomePath property. Buyer to verify all info. First Time Buyers, complete the HomePath Ready Buyer homeownership course. Attach certificate to offer and request up to 3% closing cost assistance. Restrictions apply. "
* PRICE LOWERED - $254,900 TO $240,000 
$244,900
1630 E 2700 S, Salt Lake City UT 84106
3
BEDS
2
BATHS
1,848
SQFT
$133
$/SQFT
0.12
ACRES
1947
BUILT
"***MULTIPLE OFFERS HAVE BEEN RECEIVED ON THIS PROPERTY. PLEASE COMPLETE THE ATTACHED MULTIPLE OFFER DISCLOSURE FORM AND SUBMIT YOUR HIGHEST AND BEST BY 08/24/2016 BY 5:00 PM.*** Fresh paint and new carpet and new interior doors including new french doors to the deck. Fully fenced backyard. Mother-in-law apartment with separate entrance. SEE ATTACHMENT FOR PAS REQUIREMENTS AND WFHM OFFER SUBMITTAL INFORMATION IN MLS DOCUMENT SECTION. PLEASE SUBMIT ALL OFFER TO THE LISTING AGENT. See Age"
$295,000
248 E 1700 S, Salt Lake City UT 84115
3
BEDS
2
BATHS
1,920
SQFT
$154
$/SQFT
0.11
ACRES
1919
BUILT
"Tenant has moved out and new carpet installed. NEW Sewer line, Water line, water heater and furnace. This home is in the heart of the City and close to everything, SLCC, Shopping, Freeway, or Downtown. Perfect starter home for the new family or rental for the college kids. Possible Mother In Law in basement. Great backyard with detached garage. Very little available in this price range in this neighborhood. "
$305,900
12946 S 6000 W, Herriman UT 84096
5
BEDS
2
BATHS
3,200
SQFT
$96
$/SQFT
0.25
ACRES
2006
BUILT
"Great location in the heart of Herriman! Spacious home with an attached 3 car garage. Tile and laminate floors throughout. Nice, cozy fireplace in dining area and lots of updates have been started throughout the home. Basement has full bath, but needs to be finished. Home is sold AS IS, Buyer/agent to verify all. "
* PRICE LOWERED - $334,900 TO $305,900 
 
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