Foreclosures in Whidbey Island 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.
Whidbey Island, WA
Whidbey Island is located about 30 miles North of Seattle in Island County. The largest of nine islands in the county, Whidbey has a population of around 60,000 and covering 170 square miles. The island's dramatic length (35 miles) creates a number of distinct cities including Oak Harbor, Coupeville, Greenbank, Freeland, Langley, and Clinton. Whidbey Island Naval Air Station in the North end of the island is a strong influence on the development and employment of Oak Harbor and surrounding areas, while the South end of Whidbey is more of a tourist destination. Crossing from North Whidbey Island to the mainland is done via the towering Deception Pass Bridges.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Whidbey Island. 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 Whidbey Island based on zip code 98260.