Utah County Bank Owned Homes
Included is a list of bank owned properties. They are also known as 'REO Properties' (Real Estate Owned), 'Foreclosures', 'Bank Owned', or even 'Auction properties' (however auction properties is not technically correct.) It is not uncommon for a a bank owned property to be listed slightly under market value and many would consider them good deals. Buyer beware however, a bank owned property is usually sold in 'As-Is' condition and sometimes can have serious issues with the home. For help navigating the bank owned property risks and rewards, contact us.