Foreclosures in Downtown 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.
If there are no foreclosures available today in Downtown, check back daily for new listings.
If you'd like us to do the searching for you, just Contact Us with your home preferences.
Downtown Seattle - The cultural and financial center of the region and the city, downtown Seattle covers about 1.7 square miles. With stunning views of Elliott Bay, it boasts towering offices, a vibrant shopping district of about 16 city blocks, and entertainment outlets that keep it active into the evenings and weekends. Famous downtown Seattle landmarks such as Pike Place Market and the Seattle waterfront ferry terminals gather plenty of locals and tourists alike. Downtown Seattle has a mix of classic and new construction condos in many price ranges.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Downtown. 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 Downtown based on zip code 98101.
More information about:
Back to: All Central Seattle Neighborhoods