If you’re exploring the real estate market in the greater Park City, Utah area, you may be considering short sales or bank-owned properties. This page is your resource for viewing all available short sales and foreclosures, including homes, condominiums, and land in Park City and Deer Valley.
A short sale occurs when a property owner negotiates with their lender to accept less than the total amount owed on the mortgage. Not all lenders will agree to these discounted payoffs, and not all sellers or properties qualify for a short sale. Additionally, the owner cannot finalize the sale unless the creditor (often referred to as the “Third Party”) agrees to accept the reduced payment.
As a buyer, it’s important to understand that purchasing a short sale property can be a lengthy process. Negotiations with lenders can take anywhere from a few weeks to several months, depending on the circumstances. For this reason, patience is key, and having an experienced real estate agent skilled in negotiations can make all the difference.
We have successfully handled numerous short sales in the Park City real estate market, representing both buyers and sellers. Our deep understanding of the process and our strong relationships with banks and lenders enable us to achieve fast response times and favorable outcomes. While every lender handles short sales differently, our experience ensures that you’ll have a knowledgeable advocate guiding you through every step.
Below, you’ll find all the current short sales and bank-owned properties available in the greater Park City area. These listings are updated directly from the Park City MLS and include properties from all brokerages.
If you’re interested in any of the properties or have questions about the status of a specific listing, please don’t hesitate to reach out. I’m happy to provide more information or help you navigate the process of purchasing a short sale or foreclosure.
Whether you’re looking for your dream home, an investment opportunity, or assistance with your own property, I’m here to help. Let’s make your Park City real estate journey a successful one!
Receive the best representation when buying and selling real estate in Park City, Utah. Contact Drew Via and Annett Blankenship with The Park City Investor Team at 435.640.6966 for more information about short sales.
Below you can view all short sales in Park City, Utah.
Listings are updated daily from the Park City MLS and are from all brokerages.
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