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:
"PENDING SELLER SIGNATURES ON APPROVED OFFER. Mr. Clean did NOT live here. This home is ready for your personal touch. Don’t miss out! This property is eligible under the Freddie Mac First Look Initiative through 05/03/2012. Only Owner Occupant Buyer offers during this time. AGENTS: PLEASE READ AGENT REMARKS FOR SHOWING AND OFFER INSTRUCTIONS."
"This unit is on the 2nd floor #C204. New paint, carpet, and new appliances. Beautiful courtyard w/ swimming pool. Secure gated parking area, 55+ complex with some restictions. Buyers to verify all details of the community HOA. Agents: View Agent Remarks for Showings and Offer Instructions."
"Owner is HomeSteps / This Complex is not FHA/VA certified /DUE TO HOA RESTRICTIONS THIS UNIT CANNOT BE USED AS A RENTAL/ Updated kitchen, needs some TLC, but has great potential / Wonderful open floor plan with lots of light. / Move in ready! / SEE AGENT REMARKS FOR OFFER INSTRUCTIONS AND PROMOTION DETAILS< CLICK ON THE GREEN ICON FOR OFFER DOCUMENTS - SEE AGENT REMARKS FOR SHOWING INSTRUCTIONS - OTHERWISE SUPRA BOX SO GO SHOW NOW! Square Footage taken from tax records."
"Awesome condo in The Willows, nice cozy floorplan with fire place, new paint, new carpet and garage parking. Beautiful park-like setting with ponds, streams and mature trees. Great location with easy freeway access, less than a mile to Traxs."
"Accepted offer, awaiting bank signatures. Needs paint and minor work. Built in equity! Great cul-de-sac location. The Grantee(s), or purchaser(s), of the Property may not re-sell, record an additional conveyance document, or otherwise transfer title to the Property within 60 days following the Grantor’s execution of this Deed. Accepted offer, awaiting bank signatures."
"PRICE REDUCED!! Large TownHome available. Mr. Clean did not live here. There are repairs needed. Come take a look! Agents: Please view Agent Remarks for showing and offer instructions. Freddie Mac First Look Initiative Expires 040/2012."
"Finance Offers need Prequal fromBofA or Merril Lynch. Cash offers: 1. need POF. 2. may not re-sell, record an additional conveyance document, or otherwise transfer title to the Property within 60 days following the Grantor’s execution of this Deed."
"BANK OWNED. ALLOW UP TO 48 HOURS FOR SELLER RESPONSE. SOLD AS IS. COPY OF EARNEST MONEY, LETTER FROM LENDER OR PROOF OF FUNDS MUST ACCOMPANY OFFER. NO RISCO KEYBOX. PLEASE READ AGENT REMAKRS FOR KB CODE. ALL OFFERS MUST BE SUBMITTED ONLINE. SEE AGENT REMARKS."
"JUST REDUCED!! **Great 2 bedroom 1 bath single family home with large bedrooms, open floorplan, 1-car garage, COME SEE!! **SUPRA ***SHOW ANYTIME NO APPT NEEDED **A Pre-Qual Letter, Proof of Funds, Owner Occ Cert and earnest money MUST accompany ALL offers."
"NO MORE OFFERS! Waiting on bank signatures. Investors special. Across from Kennedy Jr High. Updated bath with tile, basement has kitchen and entrance from carport. Possibly 203K financing. Buyer to verify all information."
"Purchase for as little as 3% down w/ Approved HomePath Mortgage Financing & Renovation. See agent remarks for details & showing instructions. GREAT CONDO MUST SEE! LAMINATE FLOORS THROUGHOUT. ALL INFO PER COUNTY TAX RECORDS, BUYER TO VERIFY ALL."
"MULTIPLE OFFERS. H&B DUE BY MONDAY 05/14/12. Come take a look! There are repairs needed. Sold in As-Is Condition. Agents: Please view Agent Remarks for showing and offer instructions. Freddie Mac First Look Initiative Expires 04/17/2012."
"**ACCEPTED BID....PENDING SIGNATURES.***WOW!!! This property may qualify for the NEW HUD PROMO: $100 DOWN ONLY!!! See agent remarks for incentive requirements!***VACANT**SHOW ANYTIME**Great opportunity. Rambler style! Nice interior condition w/2-tone paint. Hardwood floors. Lots of light throughout. Carport and detached 2 car garage. Lots of extra parking! Huge backyard! Please read disclosures!! PLEASE VIEW AGENT REMARKS FOR SHOWING/OFFER INSTRUCTIONS."
"BEST PRICE IN CRESCENT HEIGHTS!!! AMAZING UPGRADED CONDO! Beautiful one-level condo in the heart of Sandy. Upgrades included: music system, fireplace, and more.Awesome view of courtyard, gazebos, & water feature. Secured entry bldg, builtin garage w elevators to ea fl. This property is being sold subject to 24 CRF 206.125. All information as courtesy estimates only, buyer to verify all."
"PENDING SELLER SIGNATURE ON APPROVED OFFER. SHOW FOR BACK-UP OFFER ONLY. This Property is a fixer upper, and priced like one. Will not qualify FHA Sold As-Is Come take a look and see why. Mother in law in basement with a separate entrance. This property is eligible under the Freddie Mac First Look Initiative through 05/9/2012. Owner Occupied Buyers only during this time. All Investor offers will be reviewed on 05/10/2012."
"Offer verbally accepted awaiting seller signatures. This property is available under the Freddie Mac First Look Initiative through 5/16/12. See offer instructions in agent remarks and attachments. Any lender required repairs will be added to purchase price."
"Vacant and electronic (supra) Keybox on gate right of front door. Excellent deal in Midvale! Mother-in-law apartment with separate entrance. Large lot! Two driveways. Needs TLC. Property Sold AS-IS. Must do inspections prior to going under contract. No Due Diligence Period. Please Contact Listing agent for details."
"This property is eligible under the Freddie Mac First Look Initiative through 05/24/2012. Owner occupants receive a 2 year HomeProtect Limited Home Warranty! See agent remarks for more info. WHAT A GREAT BUNGALOW! HAS UPDATED KITCHEN AND BATHROOM. MUST SEE! ALL INFO PER COUNTY TAX RECORDS, BUYER TO VERIFY ALL."
"GREAT FAMILY HOME. VAULTED OPEN FLOOR PLAN. GOOD CONDITION. CLOSE TO SCHOOLS, SHOPPING. BANK OWNED SOLD "AS IS" BANK OF AMERICA PREAPROVAL LETTER REQUIRED FOR OFFER SUBMISSION. CASH PROOF OF FUNDS. MIN 1%E.M. CASH OFFER SUBJECT TO DEED RESTRICTIONS. SEE AGENT REMARKS"
"PENDING SELLER SIGNATURES ON APPROVED OFFER. GREAT LOCATION. NEW CARPET AND FRESH PAINT. AGENTS: PLEASE READ AGENT REMARKS FOR SHOWING AND OFFER INSTRUCTIONS. For special financing and incentives, Seller requests potential buyers contact Chase Loan Officer Mickie Small."
"Very nice end unit townhouse in Ivy Springs Condos. This is the big unit with 3 bed, 2.5 baths, and a 2 car gar. This property is available under the Freddie Mac First Look Initiative until 5/26/12. See agent remarks for offer instructions."
"BANK HAS ACCEPTED OFFER AWAITING SIGNATURES. Excellent 4 bedroom 1 full bath, 1 three-quarter bath and 1 half bath single family home with vaulted ceiling, NEW carpet, NEW paint, large bedrooms,great floorplan, 2-car garage, covered patio, great neighborhood, COME SEE!! ** **SUPRA ***SHOW ANYTIME NO APPT NEEDED **A Pre-Qual Letter, Proof of Funds, Owner Occ Cert and earnest money MUST accompany ALL offers."
"Home to be repaired. All info per county recorders office, buyer/agent to verify all info. See agent remarks for offer submission instructions. Home sold as-is,where-is with no sellers disclosures."
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