With the current real estate market, there are lots of Short Sale Homes for Sale in Salt Lake City. As first time home buyer, or experienced investor, purchasing short sales is one way to start investing in Utah Real Estate. Short sale homes and other selection of new homes are made available in Salt Lake City Utah. There are 327 short sale properties in Salt Lake. That is close to 15.1 percent out of 2,160 total real estate listings in Salt Lake Utah.
Salt Lake short sales are usually priced below market value. With short sale homes, the existing home owner owes more than the property is actually worth. Short Sales in Salt Lake are usually in default, meaning the home owner is behind on payments and the property is in preforeclosure status. To prevent a foreclosure, the bank will allow the property to be sold for less than what is actually owed. This extra step, requiring the third party approval makes most short sale transactions much more complicated, but, many Salt Lake City Short sales can be obtained at bargain prices.
Here are all the actively listed Salt Lake short sale homes for sale:
"PLEASE VIEW AGENT REMARKS! Investor's dream! Lot's of potential! Spacious yard with storage shed, hardwood flooring, and room in the basement to grow. Needs new carpet and paint. No AC, but will probably fit a cooler. Bring us an offer. Must see!"
"Price Reduced & approved!!Corner lot, 1 car garage, newer furnace & w/h on basement.Seller is a Real Estate Agent but not Listing Agent. Agent related to seller. Home is rented, please do not disturb tenants.Appointment 24 hours in advance. Buyer to verify all info."
"Ideal for one level living- Central Air Conditioning, Ceiling Fans and Den could be a third bedroom. Ceramic tile floor in bathroom. Very quiet street, convenient to Salt Lake's downtown area, airport, and freeways."
"Cozy well maintained home with a fireplace and nice back deck. Large yard with mature trees. Great neighborhood. Den/Office with fireplace is used as a 3rd bedroom. Buyer to verify all information. Call/Text listing agent for showings. Katie 801-916-5085."
"Buyer walked. Can take $60,000 clean. No paid closing costs. READ AGENT REMARKS FOR SHOWING AND OFFERING INSTRUCTIONS. Re-approval will be 7 days and MUST be at the listed number. EMAIL for details and showing instructions and offering instructions. A VERY detailed email with ALL info required to show and offer as well as full status will be returned to the sending email address. NO OFFERS submitted outside of the instructions in the email that must be received by buyerâs agent"
* LISTED OVER 120 DAYS
* PRICE CHANGES
* SHORT SALE
"Great condo, newer paint and carpet, clean well taken care of, large laundry room, full size w/d hookups, pets ok. quiet complex, one level living. see agent remarks for showing instructions."
"Darling bungalow in a great location near downtown SL, parks, libraries, and schools. Large corner lot, fully fenced w/ a detached garage. Short sale, contact agent for more info. Tenant in property. Please contact agent for showing instructions."
"NOT ON A BUSY STREET! Updated 3 Bed 2 bath home in a good neighborhood. Hardwood flooring, large fully fenced backyard. Very easy to show. Sq Ft taken from county records. Buyer to verify."
"Failed sale. Needs work. 2 bedrooms have no closets. Huge garage. Lots of storage. Square footage figures are provided as a courtesy estimate only and was obtained from county records . Buyer is advised to obtain an independent measurement."
"APPROVED PRICE!!!BUYER WALKED!!NEED OFFER!Nice cottage style, covered parking. One level living space. Each unit has own lot. Square footage figures are provided as a courtesy estimate only and was obtained from county records. Buyer to verify sq/ft."
"Offer verbally accepted by bank**REDUCED!!! One Mortgage with no offers!!! Spacious 3 bedroom, 2.5 bath townhome, vaulted ceilings, large laundry room, deck. Close to parl/playground are within complex, mature landscape."
"Beautiful cozy condo in Millcreek area. Home was remodeled in 2007 but has been neglected since. Must have owner occupant as the complex as at rental capacity. Property is tied up in Bankruptcy and short sale is on pause! See agent remarks or call for details."
"Investor Special, Cash Offers Needed. Some Remodeling Started, Ran Out Of Money, Now 1 Bedroom, Was 2 Bedrooms, Well Maintained Complex, Good Location Close To All Amenities, Buyer & Buyers Agent To Verify All Information, SF Taken From Previous Listing. Sold As-Is Make Offer."