Foreclosures in Issaquah 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.
Issaquah is a growing city at the South end of Lake Sammamish, just a short drive East on I-90 from Seattle. A smaller city of around 30,000 residents, Issaquah has a historic downtown district and a newly developed area to the east in Issaquah Highlands. A large number of new construction houses, condos, and townhomes have been recently built in this growing community, which attracts many of the Seattle area's relocating home buyers.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Issaquah. 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 Issaquah based on zip code 98027.
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