State Foreclosure Guides

Wyoming Foreclosure Listings & Complete Buying Guide

Wyoming is a non-judicial foreclosure state and one of the fastest in the country โ€” average completion time of approximately 60 to 120 days from notice to sale. Wyoming provides a post-sale right of redemption of 3 to 12 months depending on property type. With markets in Laramie County (Cheyenne), Natrona County (Casper), and resort communities (Teton County/Jackson Hole), Wyoming offers foreclosure inventory across an energy and tourism economy state with no state income tax.

How Wyoming Foreclosure Works

Wyoming uses non-judicial power-of-sale foreclosure under Wyo. Stat. ยง 34-4-101 et seq. The trustee publishes notice in a local newspaper for 4 consecutive weeks and posts notice at the courthouse. The sale is held at the county courthouse or another public location. Full cash payment required at or shortly after the sale.

Redemption Period: Wyoming provides a post-sale right of redemption โ€” 3 months for most properties, up to 12 months for agricultural properties. The prior owner can reclaim the property within this window by paying your purchase price plus interest and costs. Factor the redemption period into your carrying cost analysis.

Major Markets

Laramie County (Cheyenne) โ€” State capital and largest city. Government and military (F.E. Warren AFB). Active foreclosure inventory at affordable prices. Natrona County (Casper) โ€” Oil and gas economy. Foreclosure volume tracks energy price cycles. Teton County (Jackson Hole) โ€” Ultra-high-value resort market. Foreclosure inventory is thin but extraordinary values when distressed properties appear. Campbell County (Gillette) โ€” Coal mining economy. High foreclosure volume relative to population during energy downturns. Very affordable prices.

Due Diligence

Title search through the county clerk before every bid. Redemption period: confirm whether 3-month or 12-month applies to your specific property. Mineral rights: Wyoming frequently has severed mineral rights โ€” coal, oil, and gas rights may be owned separately. Confirm what conveys. Water rights: Wyoming prior appropriation law โ€” confirm water rights on rural properties. Tax status: Wyoming has no state income tax but property taxes apply.

Financing

Trustee sale: Full cash at sale. Hard money with redemption risk factored in. Pre-foreclosure/REO: Conventional, FHA, VA, USDA. Wyoming Community Development Authority (WCDA) offers homebuyer programs. USDA available in rural Wyoming.

Land.net has tracked foreclosure listings since 1996. Browse our Wyoming foreclosure listings updated daily.

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