Bank-owned homes in the greater Seattle area are homes that have gone through the foreclosure process and are back on the market. These are sometimes referred to as REO (Real Estate Owned), ORE, foreclosures, 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 the case that the property doesn't live up to their expectations.
There are not always bank-owned homes available for sale in every neighborhood, so check back often as new listings will appear on our site daily. If you can't find the bank-owned condo you're looking for, just Contact Us and we'll do the searching for you.
Great opportunity to own in Rainier Valley. 3 bed 2.5 bath townhouse style condo. Loft style master includes walk in closet, double sink, tub, vaulted ceilings and lots o...
Listing courtesy of Sound Point Real Estate LLC.
Bank Owned! Great opportunity to build or renovate your new home in this popular close in location. Value is in the land. Good size lot with services already to the prope...
Listing courtesy of Executive Real Estate, Inc..
Broadview stunner! Immaculate, spacious home that sits on an double corner lot. Beautiful, custom eat-in kitchen with all stainless appliances. Each level of this home p...
Listing courtesy of Faira.com LLC.
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