Have you seen these townhomes in Eastlake?  As some of you may know, they came back on the market as banked owned over the last 30 days (Sterlings Saving Bank). Recently Kennedy Wilson Announced that 8 of them would be going to auction.  So they are now a part of a 46 property auction on August 7th in Seattle.  I spoke with a representative today and it sounds like they may only have to auction 2 out of the 8 properties.  Number 41 and 42.  See the brochure here: KW Auction. Just last week, some of the properties were put on the market and had multiple offers. If all those homes go under contract, there would be just 2 remaining (consistent with what I heard today). It is important to note that these remaining homes can sell before the auction.  So if you think you may be interested in buying one before August 7th, you can get in touch with the listing agents or the Kennedy Wilson rep.

AUCTION DETAILS:

Auction website:  http://PugetSoundAuction.com

WHERE:  Grand Hyatt Seattle 721 Pine Street, Seattle, Wa 98101 (August 7th, 2011)