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A distressed property is defined
several ways. It is a property that is in poor
physical condition. It is a property that is in some
stage of the foreclosure process. The foreclosure
process is the timeline that begins with a late
mortgage payment and ends in a foreclosure sale. It
is a property whose owners financial situation has
changed since buying the property. It is a property
that has a mortgage on it that is more than the what
you can sell it for today. The value of your house
is determined by what a ready, willing and able
buyer is willing to pay.
Call today to find out what your
house is worth.
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