What are "Distressed Sales?"

Distressed Sales are urgent sales of assets, in this case real estate, because of negative conditions, often because a home owner is no longer able to make payments on their mortgage.

Distressed Sales are seen most often in two forms:

  • Real Estate Owned (“REOs”) also known as Bank Owned Properties
  • Short Sale

Here is a simple explanation of a short sale:

When a property becomes a distressed property like we discussed above, it becomes beneficial to both the borrower (homeowner who can’t pay the mortgage loan) and the lender (the bank) to avoid foreclosure.

For more information about distressed sales, download our free eBook "12 Things You Need to Know Know To Survive  a Short Sale" or Contact Us.

Call 239.985.4142 or contact us for a FREE Title Insurance Request today!

Serving Fort Myers, Cape Coral and Naples, Florida.

Winged Foot Tite, LLC is not associated with the government, and our [short sale orchestration] service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.