Foreclosures in Sammamish 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.
Sammamish is a recently-incorporated city on Seattle's Eastside and a highly-coveted location. Ranked as one of the best places to live in the U.S. by CNN Money, Sammamish has great schools, recreation, and a beautiful landscape. The city's 46,000 residents voted to incorporate in 1999, creating its name from its long shoreline on Lake Sammamish. Two other lakes of note in Sammamish are Beaver Lake and Pine Lake, and some of the area's most luxurious waterfront homes can be found on Sammamish's shorelines. Served by both Lake Washington School District and Issaquah School District, Sammamish also has a private option with Eastside Catholic School.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Sammamish. 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 Sammamish based on zip code 98074.
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