Foreclosures in Beacon Hill 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 Beacon Hill, check back daily for new listings.
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Beacon Hill, Seattle
Beacon Hill is a large neighborhood just Southeast of the I-90 and I-5 junction in South Seattle. Stretching far to the South, there are a number of distinctly different feels depending where you are in Beacon Hill. The North end near I-5 is a business district that has been home to Amazon and a Veteran's hospital, the iconic tower that can be seen from across the city. Beacon Hill becomes significantly more residential as one travels south, with mostly small-to-moderate sized homes and many condos and townhomes. Beacon Hill home prices are fairly affordable, relative to most of the city.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Beacon Hill. 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 Beacon Hill based on zip code 98108.
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