Foreclosures in Shorewood 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 Shorewood, check back daily for new listings.
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Shorewood is a 4-square mile neighborhood on the Southwest edge of Seattle at the Burien border. With Puget Sound waterfront homes and plenty of view homes, Shorewood enjoys a quiet neighborhood feel with the seclusion of being near the water, and still has access to the airport and downtown. Homes in Shorewood can be upwards of $1 million near the water, and become much more affordable as you head inland.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Shorewood. 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 Shorewood based on zip code 98146.
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