Between 2007-2011 about 50% of the Provo Utah Real Estate homes were
short sales and bank foreclosures. Since that time prices have gone up on Real Estate in
Provo Utah. In 2013 25% of the homes in Provo Utah were short sales. In
2014 this number went down and short sales are more difficult to find.
Most of the short sales in Provo Utah are under contract. If you want a
short sale in Provo Utah you must get it on the first day it is listed.
Therefore, you must have an established relationship with a Provo Utah
Real Estate Agent to quickly get these listings.
More Information About Provo Utah Short Sales
Getting a Short Sale in the Provo Utah Real Estate Market
Many of the short sale in Provo Utah have offers pending. In fact, 24
out of the 100 short sales in Provo have offers in first position. This
means if you want to buy a short sale in Provo you will have to look
thru the few available without offers, wait in a back-up position or
find a new short sale listing.
Waiting in a back-up position on an
unapproved short sale in Provo Utah is a terrible idea. Your statistical
odds of getting a short sale home in back-up position is perhaps around
10%. It is like buying a raffle ticket. Are you looking for Provo Utah Real Estate? Do you want to know how to get the Provo Utah short sales
first? You need to contact a local Realtor and get on a daily list. This
email list will notify you the minute a new short sale arrives on the
market.
Home for Sale in Provo Utah
We currently have 100 homes that are sale pending in Provo Utah.
The prices range from $55k – $1.175k on Real Estate in Provo Utah.
Instead of using the term sale pending we often use the term under
contract in Utah County.
Provo Utah
If you are looking to buy or sell a home in Provo Utah hire a local
Real Estate Broker that is familiar with the city. Not all Utah County
Realtors are familiar with Real Estate in Provo Utah. Contact Paul and
tell him what you are looking for in a new home. Paul may be able to
match you up with a home that is not yet listed. Paul has been selling
homes in Provo since 1995.
If you are looking to buy or sell a home in Provo Utah contact Team
Teasdale Realty.
Search Real Estate in Provo Utah.
