Seattle Foreclosures
In these economic times, it is more and more common to see foreclosed homes in Seattle. After many years of rising home sales, the rate is finally dropping. But the rate of Seattle foreclosure is still increasing. While these numbers are unfortunate for the people who couldn’t make their mortgage, it often means that a home-buyer can find a great deal on a foreclosed home for much less than market value. Because the bank and lender are trying to recover money lost on the property already, buyers can save huge amounts of money that would be impossible otherwise. Since they want to recover as much of their investment as possible, the discounts can even be upward of 30%. Buying Seattle bank owned homes, or REO homes, are sometimes a great idea for the thrifty home looker.
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Hud Homes Seattle
Another route to consider is purchasing a hud home seattle. When the house is in pre-foreclosure, the seller sometimes has the option to put the home in short sale. Short sale is often the preferred method of selling a home rather than going into foreclosure, which can give the seller considerably bad credit. Both the lender and the seller need to agree to the short sale, and then the bank has to approve it. Short sales in Seattle are growing more and more common, and the discounts on the house are still considerable. For the patient buyer, Seattle pre-foreclosures can sometimes be a great find.
Seattle Foreclosures
Original 1930?s Detailing, Delicately Preserved & Built...
- Price:
- $4,900,000
- City:
- Seattle
- Beds:
- 4
- Baths:
- 5¼
- Type:
- Residential
- MLS® #:
- 295989
- Provider:
-
Original 1930?s Detailing, Delicately Preserved & Built Upon During A Meticulous, 3-year Renovation That...
Gorgeous Nw Contemporary On Lake Washington! Seller...
- Price:
- $1,235,000
- City:
- Seattle
- Beds:
- 4
- Baths:
- 3¼
- Type:
- Residential
- MLS® #:
- 312971
- Provider:
-
Gorgeous Nw Contemporary On Lake Washington! Seller Just Finished Rehabbing This Home Where The Builder...
This Amazing 4,920 Sq/ft Home Was Completely Remodeled...
- Price:
- $999,900
- City:
- Seattle
- Beds:
- 5
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 290614
- Provider:
-
This Amazing 4,920 Sq/ft Home Was Completely Remodeled In 2007. This 5 Bed/ 4ba Home Has Grand Spaces...
*special Jumbo Financing May Be Available, Contact...
- Price:
- $979,000
- City:
- Seattle
- Beds:
- 3
- Baths:
- 4½
- Type:
- Residential
- MLS® #:
- 280632
- Provider:
-
*special Jumbo Financing May Be Available, Contact Agent. Sweeping Sound Views, An Abundance Of Privacy,...
*special Jumbo Financing Available, Contact Agent....
- Price:
- $959,000
- City:
- Seattle
- Beds:
- 4
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 280631
- Provider:
-
*special Jumbo Financing Available, Contact Agent. Contemporary Craftsman Exquisitely Designed W/stylish...
3 Bdrm 1.5 Bath Home Plus A 1bd, 1bath Carriage House...
- Price:
- $945,000
- City:
- Seattle
- Beds:
- 4
- Baths:
- 2½
- Type:
- Residential
- MLS® #:
- 312199
- Provider:
-
3 Bdrm 1.5 Bath Home Plus A 1bd, 1bath Carriage House Over The Detached Garage Makes Perfect $$ Producing...
