Foreclosures in Ravenna 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 Ravenna, check back daily for new listings.
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Ravenna is located north of the University District and has a quick transition from university housing to quiet residential streets and historic homes. Ravenna Park is a classic example, with stately brick Tudor homes and beautiful tree-lined streets. Candy Cane Lane, a Christmas fixture, is an enormous display of lights along the homes in one section of Ravenna. Parks are abundant, and close access to Roosevelt's business district make Ravenna a versatile neighborhood.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Ravenna. 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 Ravenna based on zip code 98115.
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