Distress sale

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Distress sale

The selling of assets under adverse conditions, e.g., an investor may have to sell securities to cover a margin call.

Distress Sale

A rapid, urgent sale of assets, often at a loss. Distressed sales often occur when cash is needed to cover immediate needs or debts. They are also associated with margin calls. A common example of a distressed sale is the rapid sale of real estate when the owner can no longer make the mortgage payments; he/she must sell the property immediately to pay off the mortgage, even if it involves losing money on the property. See also: Distressed securities.
References in periodicals archive ?
6 percent in the one-year period ending in February when you include distressed sales.
Go to charts: Distressed sales by borough and zip code
The data included all distressed sales reported by NTREIS between $50,000 and $1 million during the eight year period and all non-distressed sales between $75,000 and $1 million.
3 percent of all the home sales in Detroit involved distressed sales.
Prior to joining Imperial she worked at Guggenheim Capital Markets, where she was Managing Director of high-yield and distressed sales.
Including distressed sales, 33 states and the District of Columbia were at or within 10 percent of their peak prices in May 2015.
Of the 15 metros on the list of highest-performing major metro markets, Orlando, Florida, had the highest share of distressed sales as a percentage of all sales at 34.
para]] Share of Distressed Sales to Total Sales (Single-family) [[/para]]
The data for that 2010 issue, supplied by CoreLogic, also showed that Las Vegas had the second-highest share of distressed sales as a percentage of all sales.
Including distressed sales, 30 states plus the District of Columbia were at or within 10 percent of their peak prices in April.
3 percent from peak if you include distressed sales.
FNC's RPI, on the other hand, excludes distressed sales that are final sales of REO and foreclosed properties.