Foreclosures in Ballard 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 Ballard, check back daily for new listings.
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Ballard is a neighborhood of contrasts: gleaming new condos, industrial marine businesses, popular bars and restaurants, and quiet classic bungalow-lined streets. The original wave of immigrant Danes, Finns, Icelanders, Norwegians and Swedes gave Ballard an "old country" flavor that lives on today. Ballard was known early on as the world's top producer of wood shingles and for its fishing fleet, still a towering presence above the Salmon Bay and Ship Canal waterfront. Its housing density has been increasing in recent years, and its business districts are known as popular entertainment destinations.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Ballard. 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 Ballard based on zip code 98107.
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