Foreclosures in Bellevue 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.
Bellevue is Seattle's rapidly-growing neighbor across Lake Washington. A major business and employment center, Bellevue's population is around 120,000, making it the second largest city center in the state of Washington. Named the best place to live and launch a business by a number of national publications, Bellevue's bustling skyline is a perfect image of the city. Its gleaming new skyscrapers are inhabited by some of the world's most powerful companies, and they personify Bellevue's business-friendly nature. West Bellevue has some of the most sought-after waterfront and luxury neighborhoods in the greater Seattle area. Heading East and South, Bellevue neighborhoods are more quiet and residential. Real estate values continue to be strong, but with more affordable opportunities. Commuting into Seattle from Bellevue is quick, with the I-90 and 520 Floating Bridges providing access. The Bellevue School District is regularly ranked as one of the best in the nation, and the shopping, retail, and entertainment amenities in Bellevue rival any city in terms of style and variety.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Bellevue. 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 Bellevue based on zip code 98004.
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