Foreclosures in Bothell 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.
Bothell is located northeast of Seattle, bisected by the King County/Snohomish County border. The city is well-known for its Northshore School District that serves most of its residents. Formerly a "commute-out" locale, Bothell has seen a rise in new companies making their homes locally including biotech, telecom, and engineering firms. The city of 30,000 residents has a number of distinct neighborhoods including Canyon Creek, Canyon Park, Country Village, Downtown Bothell, Fitzgerald, Lake Pleasant, Maywood, North Creek, Norway Hill, Pioneer Hills, Queensgate, Mays Pond, Queensborough/Brentwood, Riverfront, Waynita, Westhill, Shelton View, and Thrasher's Corner.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Bothell. 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 Bothell based on zip code 98011.
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