King Homes with Short Sale

King Homes with Short Sale

King County, located in the state of Washington, is a vibrant and diverse region in the United States. Known for its thriving economy, stunning natural beauty, and rich cultural heritage, King County offers an ideal setting for those seeking to settle down and invest in real estate.

One of the key aspects of the housing market in King County is the availability of homes with short sale options. A short sale occurs when a homeowner sells their property for less than the amount owed on their mortgage. This can be an attractive option for both buyers and sellers, as it allows homeowners to avoid foreclosure and potential financial hardship, while buyers can often find properties at a discounted price.

For those interested in purchasing a home with a short sale in King County, it is important to work with a knowledgeable real estate agent who specializes in these types of transactions. They can guide you through the process, negotiate with the lender, and help you navigate any potential challenges that may arise.

It is worth noting that while short sales can offer great opportunities, they can also be complex and time-consuming. Patience and flexibility are key when dealing with short sales, as the process may take longer than a traditional home sale.

Overall, King County is a desirable location for real estate investment, with a range of housing options, including homes with short sale opportunities. Whether you are a first-time buyer or an experienced investor, exploring the real estate market in King County can lead to exciting opportunities for homeownership and financial growth.

Newest King Homes with Short Sale

$450,000
3 Beds 2 Baths 2569841 MLS CONTINGENT Status
Totally Destroyed FIXER home CASH /REHAB loan offers only, Literally a Race to beat the Foreclosure auction. 2450 sqft, Mid Century Modern style w/ soaring cathedral ceilings 16 feet high open boxbeams, Space for 25' long kitchen area w island, Should be 3+ beds, 1.75+ baths, demolition inside is stripped to studs in places some existing drywall, at least the yard is highly desirable with so much potential, Lots of mature trees and privacy with a 2 car detached garage converted to office space about 400sqft , 1.1+ oversized jumbo acre, courtyard, existing fruit trees. Lot is 160 wide and 300 feet long. Current septic is failed and lower bath has positive slope that needs to be corrected or removed. Golden opportunity to flip your own home or scrape and build a mansion on this prime area. Still time to pick remodel floor plan, upgrades, appliances from scratch in a 203K FHA rehabilitation loan limit up to $1,063,750 allows "AS IS" purchase and you can make anything possible here at the finish line you create with 12 month to get permits and all the work you can dream of, Keep in mind with about $50,000 this is possible as down payment is 3.5% of purchase price and construction loan amount on FHA 203k rehab loans. Home comes with hostile renters and eviction will be required. ShortSale from lender required: 2-10 months is average review time, no Pre approved Shartsale list price has been calculated. $450k asking price is estimate of 2 shell buildings, land, Utility value.

11815 SE 282nd Street, Auburn

Listing courtesy of Michael J Real Estate LLC.

Start Your Search
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.