Friday, January 16, 2015

Seattle Distressed Property

There are 25 new notices of default in Seattle this week. These are mostly unlisted properties. A new list comes out every week.

34 of the active listings in Seattle are short sales on the Northwest MLS, which means the owner has borrowed more money than the house is currently worth in today's market. Some of these properties may be headed toward foreclosure if they do not result in a sale.

67 of the active listings in Seattle are bank owned properties, which means they have already been through foreclosure.

All of these properties are owned by motivated Sellers, and are typically offered to investors and home buyers at the best discounts. For a complete list of any of these kinds of properties in Seattle, please message me privately at

Happy Investing!

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