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WEBER COUNTY
15
NORTH OGDEN
MARRIOTTSLATERVILLE
In metropolitan areas and small towns located up and down Utahs Interstate 15 corridor, thousands of Utahns have lost their homes to foreclosure and the mortgage lenders have assumed ownership. From Magna to Herriman and Lehi to Spanish Fork, clusters of foreclosed and realestate-owned homes dot the map.
ROY HOOPER
15
SOUTH OGDEN
15
Emigration Canyon
80
2 miles
City
SOUTH SALT LAKE 3300 S. MILLCREEK
ZIP code
MAGNA
KEARNS
RIVERTON
ALPINE HIGHLAND
Salt Lake 84118 Herriman 84096 West Valley 84120 S. Jordan 84095 Draper 84020 Salt Lake 84119 W. Jordan 84081 Saratoga Spr. 84043 W. Jordan 84084 Magna 84044 West Valley 84128 Bluffdale 84065 W. Jordan 84088 Salt Lake 84121 Salt Lake 84116 St. George 84770 Pleasant Gr. 84062 American Fk. 84003 Eagle Mt. 84005 Salt Lake 84104 Sandy 84092 Midvale 84047 Sandy 84094 Saratoga Spr. 84045 Salt Lake 84106 Sandy 84070 West-side total percentage
State St.
2.7% 2.6%
2.4%
76.2%
UTAH COUNTY
LEHI OREM
PROVO
Utah
Notice NOT of default A rst E SUR indicatorOREa homeowner is F that CLO in trouble comes when the mortgages lien holder sends out a notice of default, which is an initial, nonjudicial document signaling that the homeowner is at least 90 days behind on mortgage payments and that foreclosure has begun.
ICE OF
Lake
15
FORECLOSURE
SPRINGVILLE
SPANISH FORK
Trustee sale If the lender and the homeowner cannot come to terms, the lender sends out a notice of trustee sale, advertising the legal description of the property being foreclosed on and setting the date, time and place for the pending sale.
FOR SALE
SALEM PAYSON
TITLE HOLDER
Realestate owned If a buyer for the foreclosed home cannot be found at the trustee sale, the lender takes ownership, often designating a loan servicing company to maintain the property until it sells.
15
SANTAQUIN
COMPUTER ASSISTED REPORTING BY TONY SEMERAD, GRAPHIC BY TODD ADAMS | The Salt Lake Tribune