Southwest Florida Title Insurance & Real Estate Blog -

Why not consider purchasing a distressed sale? defines a distressed sale as an urgent sale of normal or distressed goods, at deeply discounted prices.

For the purpose of this article, “distressed goods” refers to homes that sell at deeply discounted prices via either a short sale or foreclosure.

We have been and still are in a housing market unlike any we’ve seen in years. The economy of the past few years has produced more properties that are either in foreclosure or short sales status.

From our point of view, many buyers (we’ll call Group A) routinely steered clear of distressed sales because they had the idea that these properties were damaged money pits and very likely to be trashed. Therefore they avoided taking such a risk on a big investment.

But then there are others (we’ll call Group B) who enter the market either for the first time or as a seasoned buyers, who view distressed sales as an opportunity.

They’re searching for (and finding) great properties that have been overlooked by those people describe above who categorically excluded foreclosures and short sales.

If you’re part of Group A, you may want to reconsider purchasing a distressed sale because they make great sense, especially when the market is tight.

What is the difference between a Foreclosure and a Short Sale?

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Short Sales can be overwhelming, to say the least. But as soon as we go over some…

This is the 1st step in our series: “12 Things You Should Know to Survive a Short Sale.”

…basics, you’ll be able to talk short sales with Donald Trump.

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NOT LEGAL ADVICE: This information is not to be construed as legal advice. Legal advice must be tailored to the specific circumstances of each case. Every effort has been made to assure that this information is up-to-date as of the date of publication. It is not intended to be a full and exhaustive explanation of the law in any area. This information is not intended as legal advice and may not be used as legal advice. It should not be used to replace the advice of your own legal counsel.

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.