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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: 7
Avg: $959,307
Avg $ SqFt: $94
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  
 
$28,900
40 E APOLLO WAY, Sandy UT 84070
3
BEDS
2
BATHS
924
SQFT
$31
$/SQFT
1998
BUILT
"Bank Owned/Foreclosure: Reduced $6k. **New Skirting, **Replace a Window, Seller doing Small Repairs to Make Home Move In Ready! Cute Home with Lots of Potential. Large Rooms, Garden Tub, Master Bath, Nice Kitchen, Flowing Floor Plan. **Washer & Dryer, **Fridge Left, Centrally Located, Easy Access to I-15/ I-215, (Seller Hired contractor to do Small Repairs: Skirting & Window, Make Small Repairs) ( Req $500 Earnest Money, Cash Only!, Sold As-Is )"
* PRICE LOWERED - $35,000 TO $28,900 
$39,900
1234 W CJ WAY, West Valley City UT 84119
3
BEDS
2
BATHS
993
SQFT
$40
$/SQFT
2012
BUILT
"Bank Owned/Foreclosure: Just Reduced! Cute Home with Lots of Potential. Large Rooms, Nice Kitchen, Flowing Floor Plan. ( Req $1k Em, Pre-Qual, or Seller Will Finance With Down Payment of $1,995- ) "
* LISTED OVER 120 DAYS  * PRICE LOWERED - $43,900 TO $39,900 
$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 
$346,500
8573 S 6430 W, West Jordan UT 84088
6
BEDS
3
BATHS
2,876
SQFT
$120
$/SQFT
0.15
ACRES
2003
BUILT
"Renovation completed! New carpet, paint and more. Cul-de-sac lot, fully fenced. 6 bedrooms with 3 full baths, garden tub in the master. Close to schools, parks, and highways. THIS WON'T LAST LONG! "
$625,000
2926 W BISON RIDGE RD, South Jordan UT 84095
4
BEDS
3
BATHS
5,706
SQFT
$110
$/SQFT
0.33
ACRES
2007
BUILT
"WOW!!! CHECK THIS ONE OUT! IN This beautiful rambler Imagine hosting your friends & family in the spacious great room with sliding doors opening to a large covered deck. . Awesome master suite, large unfinished walkout basement. Great location, great schools, great value, great neighborhood, a must see. "
* PENDING SALE 
$799,950
, Sandy UT 84092
6
BEDS
5
BATHS
6,923
SQFT
$116
$/SQFT
0.75
ACRES
1980
BUILT
"This location at the base of Little Cottonwood Canyon is unbeatable! Just minutes from world famous Utah skiing. This home has deferred maintenance but with some work, you have a fantastic home. Call or text Dale anytime for your tour. "
* NEW LISTING 
$4,700,000
5909 S DEERWOOD FARMS LN, Holladay UT 84121
5
BEDS
16
BATHS
32,463
SQFT
$145
$/SQFT
4.90
ACRES
1998
BUILT
"**NEW PRICE** You have got to check out this amazing home surrounded by mature landscaping with beautiful mountain views. This home features a large entertainment room with wet bar, movie theater, full second kitchen in the basement, exercise room, study/library, 2 separate offices with fireplaces, formal living, formal dining, 2 butlers pantries and a large loft along with several other spectacular rooms. See agent remarks for showing instructions and offers. MUST HAVE AN APPOINTMENT. Square footage figures are provided as a courtesy estimate only and were obtained from tax records. Buyer is advised to obtain an independent measurement."
* LISTED OVER 120 DAYS  * PRICE LOWERED - $5,000,000 TO $4,700,000 
 
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