Home — 474 S 2550 W Unit 2, Springville, UT 84663
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Buy Now $299,900
Freddie Mac foreclosure at 474 S 2550 W Unit 2, Springville, UT 84663. Status: Active
Springville, UTReal EstateHomeSteps
Listed until soldSee what these items sold for: real estate sold prices in Utah.
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Utah's real estate market includes frequent auctions of government-owned properties from federal agencies, the GSA, state departments, and local municipalities. These auctions often feature residential properties, commercial buildings, and land parcels that have been seized, foreclosed, or declared surplus by agencies like HUD, the Bureau of Land Management, and the Utah State Institutional Trust Fund Office. Bidding on government surplus real estate in Utah typically means lower opening bids than traditional market sales and access to properties that don't appear on standard real estate listings.
Government auctions in Utah include single-family homes, multi-unit residential buildings, commercial properties, vacant land, and agricultural parcels. Properties come from federal agencies like HUD and the GSA, as well as state and local government entities. The specific inventory changes regularly, so checking auction platforms frequently gives you access to newly listed properties in your target area or price range.
Most auctions require you to register on the platform where the property is listed, such as GSA Auctions, GovDeals, GovPlanet, or PublicSurplus. You'll need to create an account, review the property details and inspection information, and place your bid before the auction closes. Many auctions require a deposit or proof of funds before you can bid. Read each auction's terms carefully since requirements vary by platform and agency.
Government properties are typically sold as-is with no warranties or guarantees. Plan to inspect properties before bidding or review available inspection reports and photographs. Check local property records for liens, taxes owed, or other issues. Factor in potential repairs, back taxes, and HOA fees if applicable. Winning bidders must complete the purchase within a set timeframe, usually 30 days, so have financing arranged in advance.
762 active real estate auctions in Utah right now.
11348 S SILVER POND Dr, South Jordan, UT 84009. 4 bed | 4 bath | 2,796 sq ft | built 2025 | 2,178 sq ft lot. Step into this beautifully appointed twin...
