In metropolitan areas

and small towns located

up and down Utah’s

Interstate 15 corridor,

thousands of Utahns

have lost their homes to

foreclosure — and the

mortgage lenders have

assumed ownership.

From Magna to Herri-

man and Lehi to Span-

ish Fork, clusters of

foreclosed and real-

estate-owned homes

dot the map.

Real estate-owned propertiesThousands of Utah homes are now in hands of lenders

2 miles

Detailarea

 

BLUFFDALE

SOUTH JORDAN

WEST JORDAN

KEARNS

MAGNA

WEST VALLEY CITY

SALT LAKE CITY

The Avenues

SANDY

ALTA

COTTONWOODHEIGHTS

MURRAY

HOLLADAY

SOUTH SALT LAKE

MILLCREEK

Emigration Canyon

DRAPER

HERRIMAN

   S   t  a   t  e   S   t .

   B  a  n  g  e  r   t  e  r

   H  w  y .

2100 S.

3300 S.

RIVERTON

80

15

15

215

ALPINE

HIGHLAND

AMERICANFORK

 

15

15

 

OGDEN

RIVERDALEROY

NORTHOGDEN

FARRWEST

HOOPER

WESTHAVEN

MARRIOTT-SLATERVILLE

SOUTHOGDEN

WASHINGTONTERRACE

West-side total percentage

84

Notices of trustee sale —when mortgage lendersput foreclosed property upfor sale at auction — showthat about three in four ofthe hardest-hit ZIP codesare on Salt Lake and Utahcounties’ west side.

Wasatch Front’swest side hard hit

Going through theforeclosure process

REAL ESTATE-OWNED (listings in 2011)

WEBER COUNTY

SALT LAKE COUNTY

UTAH COUNTY

Each dot represents a property where the mortgage lender assumed ownership after foreclosure

25 hardest-hit areas, by  ZIP code, mid-2007 to 2011

 

76.2%are in

west-side ZIP codes

City ZIP Percent of

code west-side

notices

Salt Lake 84118 9.4%

Herriman 84096 5.9%

West Valley 84120 5.9%

S. Jordan 84095 5.8%

Draper 84020 5.6%

Salt Lake 84119 5.2%

W. Jordan 84081 5.1%

Saratoga Spr. 84043 4.5%

W. Jordan 84084 4.4%

Magna 84044 4.4%

West Valley

Bluffdale

W. Jordan

Salt Lake

Salt Lake

St. George

Pleasant Gr.

American Fk.

Eagle Mt.

Salt Lake

Sandy

Midvale

Sandy

Saratoga Spr.

Salt Lake

Sandy

84128

84065

84088

84121

84116

84770

84062

84003

84005

84104

84092

84047

84094

84045

84106

84070

4.3%4.0%3.5%3.1%3.0%

2.7%2.6%

2.4%

76.2%

15

15

LEHI

FORK

PLEASANTGROVE

LINDON

OREM

Utah

Lake

PROVO

SPRINGVILLE

SPANISHFORK

SALEM

PAYSON

SANTAQUIN

EAGLEMOUNTAIN

SARATOGASPRINGS

6

T I T LE H O LD E R 

FOR S ALE

FORECLOSURE

Notice of default • A firstindicator that a homeowner isin trouble comes when themortgage’s lien holder sendsout a notice of default, which isan initial, nonjudicial documentsignaling that the homeowneris at least 90 days behind onmortgage payments and thatforeclosure has begun.

Trustee sale • If the lender andthe homeowner cannot cometo terms, the lender sends out anotice of trustee sale, advertis-ing the legal description of theproperty being foreclosed onand setting the date, time andplace for the pending sale.

Real-estate owned • If a buyerfor the foreclosed homecannot be found at the trusteesale, the lender takes owner-ship, often designating a loanservicing company to maintainthe property until it sells.

Sources: RealtyTrac, Tribune research Note: Data collected from 2011 COMPUTER ASSISTED REPORTING BY TONY SEMERAD, GRAPHIC BY TODD ADAMS | The Salt Lake Tribune

LO  AN  I N D E F  AU LT 

 

Utah CountyNotices of trustee sale, by ZIP code,mid-2007 to 2011:

Saratoga SpringsPleasant GroveAmerican ForkEagle MountainSaratoga SpringsSpanish ForkProvoOremSpringvillePaysonOremProvoOremSantaquinProvoAlpineSalemLindonMapletonCedar ValleyGoshen

840438406284003840058404584660846018405784663846518405884604840978465584606840048465384042846648401384633

731

459

453

444

383

328

257

256

243

234

214

207

147

122

121

115

99

85

71

11

7