missed mortgage payments: Distressed Property: Every home is somebody's Castle!
- 03/21/11 07:05 AM
The The definition of the word "distress" according to Webster is that of "suffering of body or mind: Pain, Anguish, Trouble, Misfortune...." the verb definition includes, "subject to great strain or difficulties, upset". We now see numerous headlines in todays real estate industry refering to the phrase "distressed property" where the automatic conclusion is short sale and most agents that I have run across will immediately start moaning and groaning..."ahhhh...not another one....I do not have time for this....now what am I suppose to do? What paper work do I need?" The meaning of the word that seems to be forgotten is … (0 comments)
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