Foreclosures in Westlake 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 Westlake, check back daily for new listings.
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Westlake is the waterfront community along Westlake Ave at Lake Union. With a wide mix of condos, floating homes, restaurants, and marine industry, Westlake provides great access to downtown Seattle and local entertainment. As Westlake rises up the East end of Queen Anne hill, many homes and condos have spectacular views of the lake and the mountains.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Westlake. 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 Westlake based on zip code 98109.
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