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Bank Owned Unit At Mosler Lofts

If your out shopping for a Seattle condo this weekend, you may want to check out this bank owned unit at Mosler Lofts.  Just weeks ago it was listed as a short sale. Now listed as Fannie Mae owned,...

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Lake Washington Waterfront, Once Listed At $3,700,000, Now 1,695,000

    Bank owned Lake Washington waterfront?  Yep.  The crash in the housing market has hit some of the most coveted real estate in the Seattle.  Check this place out!  It’s located in the highly desired...

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Top Floor Condo At Florera In Greenlake, Bank Owned

There is a new bank owned unit on the market in Greenlake.  It is a top floor 1 bed, 1 bath at the 2007 built Florera Condominiums.  It last sold in January of 2008 for $445,950.  It is now listed at...

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Top Floor Condo Sells For $110,000 At Foreclosure Auction On Friday

I thought I would share a quick update from this weekends foreclosure auction.  There were a number of units that I had been following leading up to Friday morning: A studio at Belltown Court, a 19th...

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Bank Owned Condo At Washington Square, West Facing

    I just noticed this bank owned condo that came on the market yesterday.  It is on the 7th floor at Washington Square. In January of 2008 it was purchased for $420,000.  It’s now listed at $274,900....

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Bank Owned At The Cosmopolitan, 26th Floor

Unit #2601 just hit the market at the Cosmopolitan.  Its is listed at $360,000, and the legal owner is US Bank.  It is a one bedroom, 1 bath plus den, facing North.  It has views of South Lake Union,...

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4 Million Dollar Bank Owned Penthouse At One Lincoln Tower

  Once I think I have seen it all in this market something surprises me.  The penthouse at One Lincoln Tower just hit the market in Bellevue.  The catch is, its bank owned.  The legal owner East West...

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Prices Down, Inventory Down, Sales Up For Condos

I’m currently in NYC. Yep. I’m touching base from my hotel room. Not playing at the moment, just working – go figure!  I had some important news to share with you guys. I caught word yesterday that...

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Bank Owned Seattle Condo, Selling At A 59% Reduction of Last Sale Price

Unit M-247 at Lumen just went pending last week after 5 days on the market.  That might not mean much until you consider its history. It was once listed as high as $549,950 after being  purchased in...

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Bank Owned Loft, Once Listed At $2.45 Million, Now Selling At $1,549,000

Do you remember this unit?  We wrote about it back in October of 2011 just before it went to the public foreclosure auction. It is a 3,798 square foot loft in the Banner Building in Belltown.  It was...

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Washington Square – Bank Owned Condo, Coming Soon

For those of you looking to buy something bank owned, I have a unit for you to keep your eye on. Unit #603 at Washington Square was on the market last year for $245,000 (bought in 2008 at $413,000)....

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Bank Owned Condo At The Parc, Last Sale $522,950, Now $354,900 (Investment...

    Looking for a bank owned condo? How about at the Parc in Belltown. Unit #627, sold for $522,950 in 2008. Now post recession, it has gone on the market this week for $354,900! It has a courtyard...

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Foreclosure Auction Highlights – 12/14/12

There were a few highlights from yesterday’s foreclosure auction. 2 condos that stood out to me the most were: 500 Elliott Ave W #308, Seattle Elliott Condominiums Did the bank really want to sell this...

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Auction Update: 98 Union Sold, 1 Bed At The Parc Goes Bank Owned

Quick Update from yesterday’s Seattle foreclosure auction (condos): 98 Union St #908 (minimum bid – $258,571) Sale Price – $290,500 2 bed, 2 bath 967 sq. ft. We posted about this unit yesterday. As...

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Penthouse At Newmark Tower, Bank Owned

A 2 bed, 2 bath penthouse at Newmark Tower just hit the market. The legal owner, JP Morgan Chase has it listed at $430,650. I haven’t seen it yet, but given the lack of inventory in DT Seattle right...

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Bank Owned 1 Bedroom Loft At Mosler, Coming Soon

For those of you that love Mosler Lofts, there is a great unit that went to foreclosure auction last Friday, and didn’t sell – Unit #1108. We have written about this unit in the past (Wall of Windows...

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2 Bedroom Condo In Seattle Last Sold for $449,950, Now Offered at $325,000

Check out unit #404 at Harbor Heights. It last sold in 2006 for $449,950 – Its now offered at $325,000. It is does require a BK approval (bankruptcy), but if successfully purchased, it appears to be a...

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