Foreclosures in Seward Park 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 Seward Park, check back daily for new listings.
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Seward Park, Seattle
Seward Park is a large urban forested peninsula jutting out into Lake Washington. The Seward Park neighborhood surrounding it in South Seattle is a mix of quiet residential lakeside homes and an active urban district to the West. Waterfront homes in Seward Park are often the most-expensive homes in all of South Seattle, and much of the Eastern part of the neighborhood shares strong real estate values in the quiet residential streets. Closer to Rainier Ave there are much more affordable homes with livelier surroundings.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Seward Park. 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 Seward Park based on zip code 98118.
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