im looking to buy foreclosed property in seattle area , but i dont know how to approach it . are there any real estate agents specialized in the area ?
Foreclosed properties are auctioned off by the county through a court ordered process. Many of these now happen online but it used to happen in the courthouse. A foreclose has to be sold at public auction to ensure that the true highest and best bid wins. You can talk to a realtor. Some of them specialize in this. However, most auctions don’t pay realtor fees so the realtor fee would be out of pocket. Hope you also realize this is typically all cash. And you’re buying doors with zero inspection. It takes balls of titanium. But hey, no risk no gain. Cheers.
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