Short Sale Properties

Short Sale Properties Park City

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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All Listings $100,000 - $250,000 $250,000 - $500,000
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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 October 21st, 2017 at 4:28am MDT.