Foreclosures in Des Moines 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.
Des Moines, WA
Des Moines is a waterfront community on the shores of Puget Sound in South King County. Pronounced "De Moynz" ( as opposed to the silent "s" pronunciation of Des Moines, IA), this shoreline community has a picturesque boardwalk along the water and a small-town retail and shopping area nearby. With a population of 30,000, Des Moines combines quiet residential neighborhoods and lively retail districts. Redondo Beach, Woodmont, and Zenith are just some of the well-respected neighborhoods of Des Moines.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Des Moines. 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 Des Moines based on zip code 98198.
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