Foreclosures in Kent 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.
Kent is a city in South King County that covers 28 square miles of land. With a population of 118,000, Kent's residents are spread across the neighborhoods of East Hill, the Valley, and West Hill. While mostly residential and rural, Kent has a revitalized retail core at Kent Station, and a fair amount of warehousing business. Oberto Sausage company and REI have corporate headquarters in Kent.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Kent. 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 Kent based on zip code 98032.
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