Finding Utah real estate deals in a distressed market
Mon, 07/13/2009 - 11:00
Draper (Salt Lake Tribune) » It's called Canyon Vine Cove, but a more appropriate name might be Foreclosure Boulevard.
Within walking distance of the Draper Temple, trophy home after trophy home was built in recent years, with construction fueled by the lax lending standards and adjustable-rate loans that would later help push the nation's teetering economy into recession.
Today, two years into the Wasatch Front's real estate downturn, the street is littered with properties in various stages of being repossessed by banks.
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