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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: 5
Avg: $249,750
Avg $ SqFt: $133
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:
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$174,900
3222 W MARK AVE, Salt Lake City UT 84119
4
BEDS
2
BATHS
1,736
SQFT
$101
$/SQFT
0.19
ACRES
1959
BUILT
"Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement."
* PENDING SALE  * LISTED OVER 120 DAYS 
$199,950
8243 ALLEN ST, Midvale UT 84047
3
BEDS
1
BATHS
1,560
SQFT
$128
$/SQFT
0.20
ACRES
1935
BUILT
"Great centrally located Midvale Rambler. This home is needing some work. It's a blank canvas to make it the way you want your home. Please call CSS for showing appointments or listing agent for all other questions. Excellent for an FHA 203k loan purchase. "
* PENDING SALE  * LISTED OVER 120 DAYS  * PRICE LOWERED - $209,950 TO $199,950 
$240,000
2708 S HIGHLAND DR Unit 10, Salt Lake City UT 84106
3
BEDS
2
BATHS
1,666
SQFT
$144
$/SQFT
1975
BUILT
"ACCEPTED OFFER PENDING SIGNATURES. This condo is located in the highly desirable Highland area of Salt Lake City. The condo is in a well-maintained, with controlled-access. Inside there is neutral paint and carpet through-out. The kitchen is large with lots of storage space. The laundry room has built-in cabinets and a sink. One of the bedrooms has nice built-in wood shelving and paneling. Property being sold as is . "
* PENDING SALE 
$294,900
2922 W WESTCOVE, West Valley City UT 84119
4
BEDS
3
BATHS
2,300
SQFT
$128
$/SQFT
0.11
ACRES
1987
BUILT
"This is the home you have been waiting for. Home has been fully updated with 4 bedrooms and 2 1/2 baths. Home features a totally new kitchen and appliances. New paint, carpet, and flooring throughout. New half bath and updated master bath. New water heater. This is a must see!"
* PENDING SALE  * PRICE LOWERED - $299,900 TO $294,900 
$339,000
3371 W 6880 S, West Jordan UT 84084
3
BEDS
2
BATHS
2,028
SQFT
$167
$/SQFT
0.18
ACRES
1986
BUILT
"No Showings."
* NEW LISTING  * SHORT SALE 
 
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