Definition of «distressed sales»

Distressed sales refer to any type of sale in which a property or item is sold due to some form of distress, such as financial difficulties, foreclosure, bankruptcy, divorce, or relocation. These types of sales often occur when an owner needs to quickly liquidate their assets and are typically sold at a lower price than they would be under normal circumstances. Distressed sales can include real estate properties, vehicles, boats, and other personal property.

Sentences with «distressed sales»

  • The other factor is the reduction in distressed sales over this 2 year period - from 42 % of the sales down to 24 %. (chicagonow.com)
  • As well as providing advice on restructuring, we also act on distressed sales and purchases, and our team has particular expertise in insolvency litigation. (gunnercooke.com)
  • We're seeing fewer distressed sales as a percentage of the market, and prices are reflecting that more favorable mix. (speakingofrealestate.blogs.realtor.org)
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