Foreclosures  | Bank Owned | REO | Foreclosed Homes | HUD Foreclosure

With the largest run-up in prices in several decades combined with relaxed standards for buyer qualification, sellers have encountered severe setbacks with negative equity plus increased monthly payments due to adjustable loans with initial starter interest rates. 30-40% of home sellers have a negative equity position and are unable to maintain their current mortgage obligation. Consequently many homes are foreclosures or have become bank owned (REO) and are priced at less than market. For the homebuyer it is an excellent opportunity to take advantage of 30 year fixed interest rates at 5% and below and pay a discounted price for their new home. Foreclosures properties offer a short timeframe for receiving a lender response and can be closed in a normal timeframe after approval. Bank Owned Homes in Snohomish County WA are an opportunity of a lifetime.

MARYSVILLE, ARLINGTON, SNOHOMISH, MONROE