Foreclosures for sale in Mercer Island are homes that are bank-owned. These are sometimes referred to as REO (Real Estate Owned), ORE, or bank-owned homes. While foreclosures sold at county auctions require all-cash buyers and have much higher risk involved, these bank-owned foreclosures are fairly straightforward and even first time buyers are purchasing them.
There are not always foreclosure condos available for sale in Mercer Island, so check back often as new listings will appear on our site daily. If you can't find the foreclosure condo you're looking for, just Contact Us and we'll do the searching for you.
Looking for more options?
Search by building name, floor, HOA dues, and more in the Detailed Condo Search.
Mercer Island is one of the Seattle region's most-revered locales. Situated in the middle of Lake Washington and connected to Seattle and Bellevue by the I-90 floating bridges, this urban oasis maintains an identity all its own. Multi-million dollar waterfront homes dot the miles of shoreline around the island, while upscale homes dominate the inland neighborhoods. Mercer Island's public school district is regularly ranked as one of the best in the state, and its residents have a fierce loyalty to their local schools. The north end of Mercer Island has a retail/shopping/dining district with a handful of condo buildings, while most of the island is heavily wooded, quiet, and residential.
More information about: