Foreclosures in Bitter Lake 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 Bitter Lake, check back daily for new listings.
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Bitter Lake, Seattle
Bitter Lake is a neighborhood in NW Seattle surrounding its namesake body of water. The Bitter Lake community Center and retail districts along Aurora Avenue and Greenwood Avenue provide shopping and dining for the local residents. A wide mix of condos and single family homes reside in Bitter Lake, with some of the more affordable prices in North Seattle. A sawmill was originally located at the Southwest corner of Bitter Lake, and the tannic acid from the logs gave the lake its name.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Bitter Lake. 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 Bitter Lake based on zip code 98133.
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