Foreclosures in Sodo 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 Sodo, check back daily for new listings.
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Sodo is the industrial district of Seattle south of Downtown. Its nickname originally came from "South of the Dome", but when the Kingdome was torn down in 2000, the adjustment to "South of Downtown" was an easy one. The Seattle Seahawks, Seattle Mariners, and Sounders FC Soccer teams all play their home games in the stadium district of Sodo. There are industrial/residential condo spaces scattered throughout Sodo that are popular with artists and urbanites.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Sodo. 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 Sodo based on zip code 98134.
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