Oct 5 2018 60967 1

Dated: 10/05/2018

Views: 53

There is a lot of jargon for the realty business, and one such phrase that many people don’t know the meaning of is “distressed home sales”. So, what are distressed home sales? Distressed home sales, or distressed property, is when a home or property is needed to be sold in a quick manner, and often suffers loss because of it. Typically, this happens when a property is about to be foreclosed on, so it is being sold at a very low price—often at a rate much lower than its value on the market. Another example of a distressed home sale is a house that is being sold by its mortgage. An important thing to keep in mind, though, that just because the house is being sold for less than its market value does not mean it is being sold for less than it is worth.

Latest Blog Posts

MiniCassia Market Update 3rd Quarter 2018

As you can see above, the market in Mini-Cassia continues to soar upward, even as much of the US and metropolitan areas are experiencing a slowdown.  Market reports for the greater southern

Read More

Oct 5 2018 60967 1

There is a lot of jargon for the realty business, and one such phrase that many people don’t know the meaning of is “distressed home sales”. So, what are distressed home sales? Distressed home

Read More

Dont Miss This Open House

JOIN OUR OPEN HOUSE!5 Bed - 3 Bath - 2,886 sqft - JUST NEEDS A LITTLE TLC!Very solid & well built home on over 1/3 acre near college.Newer Roof, Gas Furnace and AC, sewer hookup. Has well for yard

Read More