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distressed property

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distressed property

Real property that suffers a reduction in its market price because of pressures operating on the owner, such as threatened foreclosure, divorce, settlement of an estate, or fear of economic changes that might decrease the value.



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You get access to the Shadow Market of Distressed Property through NETWORKING .
Of the more than 11,000 real estate agents in America who have the Certified Distressed Property Expert (CDPE) designation, more than 60 percent are affiliated with RE/MAX, according to the press release.
If you plan to invest in distressed property, you can always try to get a good deal at the public auctions of such properties.
 
 
 
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