Distressed Properties: Discounts and Difficulties

April 20, 2011 by blogwriter · Leave a Comment 

Most buyers want to make sure they get a ‘good deal’ when they purchase something, and purchasers of real estate are no different. That is why many decide to buy a distressed property (a foreclosure or a short sale). The National Association of Realtors (NAR) recently reported foreclosures, on average, sell at a 22% discount and short [...]