Bank-Owned Properties

Bank Owned Properties Park CityBank-owned properties are homes, condominiums or vacant lots owned by banks as a result of foreclosure. These properties are sold in a similar fashion as a privately owned property. A representative of the bank acts as the seller in the negotiating the sale of the property. Since banks generally do not want to own these properties and so they are often willing to sell them at below market prices. Bank-owned properties are usually sold without any warranties or representations as to the condition of the properties because most banks do not have firsthand knowledge of these properties nor are they willing to represent any facts about them. A buyer needs to exercise addition care and diligence when purchasing a bank-owned property for these reasons but they represent terrific opportunities to buy properties at exceptional prices.

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2017 Park City Board of Realtors®, All Rights Reserved. Access to the multiple listing information through this website is made available by Keller Williams Park City Real Estate as a member of the Park City Board of Realtors® multiple listing service. No other entity, including a brokerage firm or any franchisor, may be listed in place of the specific Listing Broker on the foregoing notice. Terms of Use

Listing information last updated on December 11th, 2017 at 4:28am MST.