Foreclosures in Auburn on SeattleHome.com are homes that are owned by a bank or lender. These are sometimes referred to as REO (Real Estate Owned), ORE, or bank-owned homes. Other foreclosures are sold at county auctions, which are riskier and require all-cash buyers.
In contrast, these bank-owned foreclosures are fairly straightforward and allow for bank financing. Even inexperienced buyers have access to bank-owned foreclosures. Our buyers have the option of an inspection period before closing the contract on a foreclosure. This allows the buyer a short-term "grace period" in case the property doesn't live up to their expectations.
Auburn is located in South King County, and has a population of around 70,000. Mostly rural and residential, Auburn does have its own quaint downtown area as well as a number of retail thoroughfares. The Muckleshoot Indian Reservation is located within Auburn's city limits, and provides local entertainment. Local neighborhoods in Auburn include River's Bend, Christopher/Thomas, Lea Hill, Hazelwood, West Valley, West Hill, Terminal Park, Forest Villa, Lakeland Hills, and Hidden Valley. The Auburn Boeing Plant is a major employer in the area and the largest airplane parts plant in the world.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Auburn. You can see the latest trends in pricing, affordability, supply and demand. We invest in this research so our clients always have the latest insights to make the best decisions with confidence. Below are the latest home pricing trends for Auburn based on zip code 98001.
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