Distress and Shortsale
Distress and Short Sales are properties which have not necessarily reached the point of complete foreclosure proceedings.
In a Short Sale the owner makes a deal with the bank holding the mortgage to sell the property for less than what is owed on the loan.
In a Foreclosure the lender has taken title to the property.
Regardless, any of these properties are a great way and a good deal to buy a home. We at All/Pros have the expertise to help you find the right property to meet your needs.