Seattle Homes For Sale

http://realestate.yahoo.com/Washington/S ...


it just seems really cheap ......?

Thats just the starting value for the auction, there is certainly no guarantee it will sell that low. If the person loses the house needs more than their mortgage, looking to their mortgage company to be in the bidding, they arent going to let you buy it very cheap and losing a lot of money on the transaction, they will push the bidding up to somewhere around what they should to try to recover as much as possible to the property.

I do not know the Seattle market at all, but my mother always told me, "If it seems too good to be true ..."
Use common sense and find a real estate agent to help you.

This is what happens when a house is taken by the bank and sold at auction.

Yeah, it does sound economic and it is! You can get great deals on homes because of foreclosure landslide swept the country. Simply make an offer.

As the person above stated. This is an auction so it will probably go more than that. But you never know. Sometimes you can buy these houses that were seized from a large, but with a cost. For example, I bought an old Victorian family, 2 to $ 15.500. But there are major repair work to be done. You can find bargains everywhere at the moment because the market is not so well. Many of these auctions, if all you do to put money in before entering the auction and is sold as is. No warranty is offered and you can not see inside before you buy. I hope this helps! Good luck! :)

The price that you see is the starting bid. foreclosed properties are auctioned off and this is where the bidding begins. Before getting your hopes I would look in the auction. Most require a minimum of $ 5000 not even in the door and be able to tender.

I think that the original offer for sale at public auction.