Foreclosures in Woodinville 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.
Woodinville is located northeast of Seattle and is well-known for its tourist district. With vineyards, wineries, and breweries throughout, Woodinville is popular with residents across Western Washington for wine tasting and the famous Red Hook Brewery and restaurant. Boutique hotels and dining establishments have grown significantly as the tourism in Woodinville has grown. Not officially incorporated until 1993, Woodinville has benefitted greatly from the distinct nature of its recreational areas as well as its quiet, wooded residential districts.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Woodinville. 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 Woodinville based on zip code 98072.
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