Pre-foreclosure
Would they be willing to let you catch up payment and transfer title into your name? If you are going for a short sale you could get new financing. I have access to 95% LTV non owner occupied loan and can go with stated income. You could put the property under contract and assign the contract to someone else.
If you are going to live in it they might... from an investors stand point, why would you want the property in your name? You would then fall under seasoning requirements in some cases. Not sure about Utah.