Foreclosures in Alki 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 Alki, check back daily for new listings.
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Alki wraps itself around the entire northern tip of West Seattle. Alki and Alki Beach cover a full three miles of walking paths, beaches, volleyball, boat rentals and many restaurants. Alki is a very popular destination in warm weather, as it's one of the few sandy beaches with saltwater access in Seattle. Everyone in Alki has a view to go along with the vacation lifestyle along the shoreline. Take the passenger ferry to downtown, enjoy the drive along the beach, or just stay home and enjoy the views of the islands in Puget Sound.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Alki. 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 Alki based on zip code 98116.
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