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Call: Gina Ursini
What is a distressed property?
The term distressed refers to the mortgage financing on the home, not the home itself. Distressed homes may require TLC, while others are in excellent condition.
Why seek a distressed property?
Price is the biggest motivating factor. On average, distressed properties sell for an average of 20% below market value.
What are the categories for distressed properties?
1. Foreclosures or REO’s (real estate owned)
2. Short Sales or ‘pre-foreclosures”
How can I be the first to find the best deals?
Register for listing alerts. Properties will be emailed to you as soon as they hit the MLS.
How can I find out the value of my distressed property?
Have a no obligation complimentary market value analysis done on your home. Complete the below form to get started. I will email your complimentary report within 24 hours.