Foreclosures in Kenmore 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.
Kenmore is located on the northern shore of Lake Washington. Home of the famous seaplane airport at Kenmore Air Harbor, the city has a mix of retail, industrial, and quiet residential areas. Bastyr University and St Edward State Park are just two of the attractions near the heavily-wooded waterfront in eastern Kenmore, while the 522 byway runs right along the waterfront as one heads Southwest into Seattle. Served by the highly-regarded Northshore school district, Kenmore is a quiet town with easy access to Seattle and the Eastside.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Kenmore. 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 Kenmore based on zip code 98028.
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