5020 SALT LAKE CITY, UT 84118

Features

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Facts

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Sale Type

This is a HUD Home that the Government has foreclosed on because the owner couldn't meet their payments. This home is sold via an auction process whereby the highest bidder wins the home, typically at prices affordable for lower-income families.

Description

Buyer's financing fell through. This property is part of a special HUD federal program. Equity and income restrictions apply. Homebuyers must be income qualified at or below 80% of Area Median Income (AMI) to purchase the property. Interested homebuyers can go through Community Development Corporation of Utah (CDCU)- nonprofit agency, to be determined eligible to purchase. Homebuyers need to complete and submit the Online Eligibility Form. The eligibility form will be reviewed as soon as possible, and the listing agent will contact the homebuyers/agents that are determined eligible to move forward with the purchase process. See Agent Remarks for contact at CDCU to request eligibility requirements. All offers are first come first served, and eligibility form must be completed before offers will be reviewed. For property questions contact the listing agent.