Short Sale Properties
Park City and Deer Valley have a limited supply of short sale properties. These are properties that are owned by individuals, however the value of these properties has fallen in recent years and is now less than the amount that is currently owed on the property. You may be able to purchase these properties at very attractive prices, but to do so the seller must agree to a low sale price and the lien-holder (usually a bank or lending institution) must agree to accept a lower amount than what is currently owed on the mortgage for the property. This is referred to as a “short sale” because the lien-holder is agreeing to accept an amount that is short, or less than, the balance that is owed on the property based upon the loan amount borrowed by the current owner.
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Search Park City Short Sales Listings
$100,000 - $250,000
$250,000 - $500,000
$500,000 - $750,000
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Did you know you can set up your own custom property searches and our website will automatically email you matches as often as you want. You'll also have access to our free search tools including the ability to save your favorite listings. Click here to Register. Check out our how-to page for more info.
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.
Listing information last updated on August 17th, 2017 at 1:13pm MDT.