Foreclosures in Shoreline 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.
Shoreline is a city just North of Seattle with around 50,000 residents. Incorporated in 1995, Shoreline has a well-regarded school district and a number of well-known neighborhoods near the Puget Sound waterfront in the west. Short commutes and more affordable housing in central Shoreline are strong pulls for many home buyers who work in Seattle. The Highlands, an extremely-private luxury community on the bluffs of Puget Sound, became a part of Shoreline during incorporation, though it operates nearly independently as its own city.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Shoreline. 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 Shoreline based on zip code 98133.
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