Foreclosures in Leschi 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 Leschi, check back daily for new listings.
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Leschi is located on Lake Washington in central Seattle near I-90. The waterfront in Leschi has a small business and enteraintment district, and there are a number of large parks and boat moorage facilities nearby. The neighborhood was originally named for Chief Leschi of the Nisqually tribe who regularly camped out locally. Homes range from large luxury waterfront homes to small classic bungalows and some view condos.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Leschi. 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 Leschi based on zip code 98144.
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