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.

 

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

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $800,000 - $900,000 $900,000 - $1,000,000
184 Properties Found. Showing Page 1 of 31
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*special Jumbo Financing May Be Available, Contact...

$979,000
Seattle, WA
3 br, 4½ ba, 2,710 ft² Residential
Price:
$979,000
City:
Seattle
Beds:
3
Baths:
Type:
Residential
MLS® #:
280632
Provider:

*special Jumbo Financing May Be Available, Contact Agent. Sweeping Sound Views, An Abundance Of Privacy,...

Photo of Listing #280632

*special Jumbo Financing Available, Contact Agent....

$959,000
Seattle, WA
4 br, 3½ ba, 2,700 ft² Residential
Price:
$959,000
City:
Seattle
Beds:
4
Baths:
Type:
Residential
MLS® #:
280631
Provider:

*special Jumbo Financing Available, Contact Agent. Contemporary Craftsman Exquisitely Designed W/stylish...

Photo of Listing #280631

Value Priced~4 Bedrooms,3.5 Bathrooms~lovely Home Featuring...

$915,000
Seattle, WA
4 br, 3½ ba, 3,300 ft² Residential
Price:
$915,000
City:
Seattle
Beds:
4
Baths:
Type:
Residential
MLS® #:
328146
Provider:

Value Priced~4 Bedrooms,3.5 Bathrooms~lovely Home Featuring A Spacious Kitchen With Granite Counter Tops...

Photo of Listing #328146

Large 4,920 Sq/ft 5 Br, 4 Ba Home Boasts Lake And Mountain...

$849,900
Seattle, WA
5 br, 3½ ba, 4,920 ft² Residential
Price:
$849,900
City:
Seattle
Beds:
5
Baths:
Type:
Residential
MLS® #:
326791
Provider:

Large 4,920 Sq/ft 5 Br, 4 Ba Home Boasts Lake And Mountain Views. Gorgeous Interior With Gleaming Hardwood...

Photo of Listing #326791

3 Bdrm 1.5 Bath Home Plus A 1bd, 1bath Carriage House...

$825,000
Seattle, WA
4 br, 2½ ba, 3,910 ft² Residential
Price:
$825,000
City:
Seattle
Beds:
4
Baths:
Type:
Residential
MLS® #:
312199
Provider:

3 Bdrm 1.5 Bath Home Plus A 1bd, 1bath Carriage House Over The Detached Garage Makes Perfect $$ Producing...

Photo of Listing #312199

This Lovely Home Located On A Quiet Street Features...

$575,000
Seattle, WA
4 br, 3½ ba, 3,440 ft² Residential
Price:
$575,000
City:
Seattle
Beds:
4
Baths:
Type:
Residential
MLS® #:
329121
Provider:

This Lovely Home Located On A Quiet Street Features A Bright And Open Floor Plan. The Spacious Kitchen...

Photo of Listing #329121