Foreclosures in Gig Harbor 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.
Gig Harbor, WA
Gig Harbor is a city near Tacoma, WA that is named for the body of water which it surrounds. Seattle-area residents often travel through Gig Harbor on the way to the Olympia peninsula, as it is located just across the main thoroughfare over Puget Sound, the Tacoma Narrows Bridge. Gig Harbor is well known for its shopping, dining, and entertainment, as its beautiful waterfront location and downtown shopping district attract visitors from all over the Northwest.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Gig Harbor. 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 Gig Harbor based on zip code 98335.
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