It's not every day we stumble across a chance to purchase a home for less than the value of the raw land underneath it.

So, if you have any interest in a 4.4 acre mini-ranch with killer mountain views and a 3500 square foot home, check this one out... 

Bank-Owned Park City Mini Ranch

Since our last update on July 4th, we found 30 new properties on the "Notice of Default" list, and 21 properties in Summit County were purchased at trustee's sales.

Don't forget--some of the best deals are bank-owned, but some are not.  We track them all!

This home was voted one of 4 "Best Buys" by over 100 agents in our office last week.   And that was before the $149,000 price reduction this morning!  The details are here:
http://blog.parkcityrealestateguide.com/tuhaye-homes/

Click the links below to browse currently available bank-owned homes in the Park City & Deer Valley area:

Bank-Owned Homes Over $1 Million

Bank-Owned Homes Under $1 Million

Bank-Owned Homes Under $500k

Bank-Owned Condos



"Best Buy World Cup" Audit
Remember last month when we chose the 32 best buys in the Park City marketplace?

Seven of the 32 properties we fingered have already pended or closed.  That's a 21.8% success rate in the first 30 days.  Compare that to market-wide sales rate of 4.2% during the same month across the Park City school district areas.

So, in case you're still suspicious that we're not competent sorting out the best deals from the dogs, put 5X better than market average in your pipe and smoke it!

Kidding aside, we invest time researching these updates so you can profit...and it's working.


Congrats!
Last week two of our Foreclosure Update subscribers closed on the purchase of your new Park City condos from out-of-state banks...who sold the properties for 28%-36% less than RECENT comps.  We are excited for you and your families--congratulations!

Plus, a few more of you are poised to spring on a couple of not-yet-listed foreclosures as soon as the banks will look at offers.  Nice work :)

Please contact us immediately (via email or toll free 877-838-2805) if any of these properties catch your attention...the good ones don't last forever!

Happy Hunting!
Erik

A Marketing Group Of Keller Williams Park City Real Estate
Erik Asarian ~ Quinn Eichner ~ Greg Harrigan ~ Claire Osborne ~ Doug Tulloch

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