⚠ Do Not Enter Without Permission💵 Cash-Only Purchase📋 Sale Date Subject to Change
Price Insights
Est. Value
$534,000
Public feed AVM
Equity
N/A
Estimated
All data sourced from public county records, REAPI, and automated valuation models. AVM figures are estimates only. Verify all data with a current title search and property inspection before bidding.
All figures are estimates from public data. Conduct a full title search before bidding.
How the Auction Works
This is a non-judicial (trustee) foreclosure in UT. No court involvement is required. The trustee follows a statutory notice process and sells the property at a public auction, typically at the courthouse steps.
Bidders must bring certified funds. The winning bidder typically receives the trustee deed within days of the sale.
7028 S DEREK HOLLOW CV is a property in Midvale, UT. It is currently in active foreclosure status in SaltLake County.
The estimated market value is $534,000.
Frequently Asked Questions
Where does the foreclosure auction take place?
This is a non-judicial (trustee) sale typically held at the SaltLake County courthouse steps or at a designated third-party auction location. Confirm the exact location with the foreclosing trustee.
Can I purchase 7028 S DEREK HOLLOW CV at the foreclosure auction?
Yes — foreclosure auctions are open to the public. Payment is required in certified funds (cashier's check) on the day of the sale. You cannot use a conventional mortgage or FHA/VA loan at the courthouse; purchases must be all-cash. Many investors arrange private or hard-money financing before attending.
Can the owner stop the foreclosure on 7028 S DEREK HOLLOW CV?
In UT, the owner's reinstatement window is: Up to 3 business days before the trustee sale. After that deadline, the lender may proceed to sale. Filing bankruptcy creates an automatic stay that pauses the sale but does not eliminate the debt.
Is there a redemption period after the foreclosure sale?
No post-sale redemption right. Once the sale is completed and the deed is recorded, the winning bidder has clear title.
Does buying at a foreclosure auction require all cash?
Yes. Foreclosure auctions require all-cash payment on auction day. You cannot finance through a conventional lender at the courthouse steps. Most investors arrange private money or hard-money loans in advance. OffRamp REI can connect you with verified private lenders in UT.