No. Cash home buyers in our network buy homes in almost any condition, though a home’s condition can affect what they offer.
Sell your Salt Lake City house on your own timeline
A cash offer for your Salt Lake City home, whatever style it is.
We buy houses in Salt Lake City, UT
Selling your Salt Lake City home starts with sharing a few details about your property. From there, we’ll schedule a visit, learn more about the house and share an offer. If you decide to accept, you can choose a closing date that works for you.
STEP 01
Request your cash offer
Share a few details about your Salt Lake City home and how soon you’d like to sell.
STEP 02
Plan one visit
A cash home buyer comes by once to see the property in person.
STEP 03
Get your cash offer
Review the offer at your own pace, with no obligation to say yes.
STEP 04
Close your way
Choose the closing date that fits your plans and get paid at closing.
Why sell your Salt Lake City house with SellMyHouse.co
Here’s what changes when the buyer is paying cash.
- The house stays as it is. Cash home buyers in our network buy homes in almost any condition, including older brick homes that haven’t been retrofitted and homes with deferred repairs.
- No agent commission to subtract. A traditional sale of a median-priced Salt Lake City home typically incurs $31,800 to $38,100 in agent fees, which a cash offer doesn’t take out of your proceeds.
- A closing date built around your move. Whether you are relocating, downsizing, or settling an estate, you choose the closing date.
- Fewer walk-throughs. A cash home buyer typically makes an offer after a single visit instead of open houses and repeat showings.
- Your home doesn’t need to be vacant or move-in ready to sell. Cash home buyers in our network often consider tenant-occupied rentals, inherited properties, and homes that need major repairs. The offer will depend on the home’s condition and situation.
What Salt Lake City sellers need to know
Utah has fewer requirements for home sellers than many states. There’s no real estate transfer tax or mandatory seller disclosure form, but sellers still need to understand their responsibilities when it comes to known property issues. Foreclosure timelines and creditor claims against home equity can also affect a sale.
If you own a home elsewhere in Utah, the statewide market and rules show how timelines and prices change from county to county.
Seller disclosure
Utah is a buyer-beware state, and state law spells out very few required disclosures. The Utah Supreme Court does require sellers to disclose known material issues a buyer couldn’t find in a routine inspection, and the standard state purchase contract uses the Seller’s Property Condition Disclosure form. Homes built before 1978 also need a federal lead paint disclosure.
No transfer tax
Utah doesn’t charge a state or local real estate transfer tax, so no percentage of your sale price goes to the government at closing. You’ll still pay standard recording fees and your share of the year’s property taxes, and your title company can confirm the amounts.
Foreclosure outside of court
Most Utah foreclosures are trustee sales. After the trustee records a notice of default, the home can’t be sold for at least 3 months, and the sale notice then runs for 3 weeks. There’s generally no right to buy the home back afterward, and selling before the auction may let you pay off the loan from your proceeds and keep any equity.
Homestead exemption
Utah shields up to $53,700 of equity in your primary residence from most creditors, and the amount adjusts each year. To use it against a forced sale, you generally record a homestead declaration with the county recorder. Mortgage lenders, property taxes, and contractor liens fall outside it.
Frequently asked questions
In most cases, yes, and buyers other than cash home buyers purchase them too. Share what you know about the home’s condition, and ask the city whether Fix the Bricks funding could help if you’d rather retrofit before listing.
No. Utah has no state or local real estate transfer tax. However, you will still be responsible for recording fees and your portion of property taxes at closing.
It depends on your home and your timeline. If your home is move-in ready and you can wait, listing may bring a higher price. If it needs work or you need to move soon, a cash sale can spare you the repairs and showings and let you choose your closing date, though the offer will usually be lower than a listing might bring.
In most cases, yes. Utah requires at least 3 months between the notice of default and a trustee’s sale, which can leave time to sell and pay off the loan from the proceeds. A foreclosure attorney can explain your exact timeline.