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Distressed Properties - Your Washington, DC Area Realtor
REO, Foreclosures, & Short Sales are dominating the housing market across the Washington, DC Area along with across the country.  Finding a diamond in the rough can be difficult but it is possible and doable.  Many investors, along with first time home buyers are out diligently searching daily and nightly for that ONE property that meets their needs. Distressed Properties are properties that are usually below the current market value and have been run down, abandoned, or not been taken care of for whatever reason.
Like it has always been noted it really is about LOCATION, LOCATION, LOCATION.  Being as though I cover a Tri-State area Washington, DC, Virginia, & Maryland going into one area will be totally different as far as if the majority of the houses are REO, Foreclosures, Short Sales, or Regular Sales.  Many always ask about foreclosed properties & they are here.
Washington, DC which in the past months has been the strongest housing market in the entire country has more regular sales than anything else.  There are very few short sales or foreclosures compared to the rest of the surrounding areas which gives it a stronger market in terms of value. Thus making for less distressed ... more

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