Foreclosures in Gatewood 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 Gatewood, check back daily for new listings.
If you'd like us to do the searching for you, just Contact Us with your home preferences.
Gatewood is a quiet West Seattle community bordered by Graham St to the North and Thistle St to the South. Located on the East side of Fauntleroy and California Ave SW, the neighborhood has a hilly terrain with a number of local businesses and restaurants. Gatewood Elementary is joined by two other elementary schools in the neighborhood, and there are a couple of great outdoor recreation areas in the Orchard Street Ravine and Pelly Place Natural Area. Lowman Beach Park is also a favorite of Gatewood residents.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Gatewood. 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 Gatewood based on zip code 98126.
More information about:
Back to: All West Seattle Neighborhoods