Park City Short Sales

Easily browse all Park City homes, townhomes, condos, and lots offered as short sales. Short sales can be a good option for buyers looking for a great deal, but be aware that the short sale process can be quite complicated and frustrating. We are experienced with both buyers and sellers of short-sale properties and can guide you through the process. You may want to learn more about how it works before attempting to purchase a short sale. If so, give us a call — we'd be happy to discuss the pros and cons with you.

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$625,000

7461 E Stardust Court 312c 3.19, Heber City

4 Beds 3.5 Baths 2,063 SqFt Fractional Interest MLS® # 12504502

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This website displays ALL available homes, condos & lots currently listed by all real estate agents and brokerages operating in the greater Park City area. This list of properties is generated from the Park City Multiple Listing Service and is your most accurate, one-stop resource for real estate at Deer Valley® Resort and Park City, Utah.

We have compiled all the homes for sale in Park City and Deer Valley, Utah, that are potential short sales. We also list homes that have been foreclosed, are bank-owned, or are REO listings. While distressed properties like short sales and foreclosures can be great deals, there might be better options for you that are not distressed properties. These distressed properties have lowered prices, so regular properties with reasonable mortgages or owned outright must compete with bank-owned homes. You don't have to buy a bank-owned property to benefit from their presence on the market! For the best deals, call us today. Keep a link to this page and check back often, as it is updated daily.

SHORT SALE DEFINED.
The term “Short Sale” is used in real estate to describe a situation in which the property's current fair market value is less than the debt owed on it. In other words, the Seller can’t sell the property unless the creditors (“Third Parties”) agree to accept a payment that is less than (or “short” of) the amounts actually owed to those Third Parties. The Third Parties may include mortgage lenders, mortgage insurers, bankruptcy trustees, federal, state, and local taxing authorities (such as the IRS or State Tax Commission), and other lien holders. For more information, you can view our Understanding Short Sales page.