There are several types of distressed properties that may be purchased:
- Short sales
- Foreclosures (a.k.a. bank-owned or REOs)
We not only know how to best help you with each type of distressed property, but we also know when to advise against certain purchases for your specific scenario.
For example, if you’re needing to move in within 1-3 months, you shouldn’t pursue a short sale, which usually takes 3-6 or even 6-12+ months to close.
If you’re an investor, we also know when, for example, government-owned properties are available only to owner-occupant purchasers.
Just tell us your situation and your goals, and we’ll help you find the right property, whether it’s technically a distressed sale or not.