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Utah Foreclosure Auctions

Utah Trustee Sales

foreclosuresign.jpgHomes are foreclosed in Utah at a trustees sale. Trustee sales usually take place at the court house steps of the county seat. This is a public auction, and anybody may bid on the house to buy a house at a trustee sale you should know that:

  1. You must provide $5,000 certified funds prior to bidding.
  2. Must pay off the entire purchase price in full within 24 hours. For people who don't have hundred thousands lying around, financing can be obtained through hard money lenders.  
  3. Properties sold at the public auctions are sold without warranties. There still may be judgements tied to the property. The properties might even still have residents needing eviction.
The following Trustee sites will tell you when and where upcoming Utah Foreclosure auctions will be:

You can also find out about upcoming trustee sales by viewing the classifed sections of local newspapers. If nobody purchases the house at the public auction, the property is purchased by the bank. It then becomes a bank owned or REO Property, and will most likely be listed by a Realtor and then sold.

To learn more about foreclosure auctions, or the entire foreclosure process, call us at 801-467-7007 or fill out the form below and we will contact you.

If you'd like to receive a list of foreclosure properties currently available, please click this link:
http://www.UtahHomeTeam.com/foreclosures.html
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Last Updated ( Wednesday, 04 August 2010 )
 

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