Definition of "Distressed property"

Seena Allen real estate agent

Written by

Seena Allenelite badge icon

RE/MAX Alliance Group

(1) foreclosed real estate or subject property in a bankrupt estate. (2) Income property which is making inadequate returns and has a negative capitalization rate.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Misuse, alteration, destruction, or neglect of land by an individual right-fully in possession that breeds a significant and permanent reduction of its value to the legal interest owned by ...

protective wall along a roof or below a terrace. ...

Rental based on a percent of sales or profit that in addition to the constant rental amount. ...

A notice, usually in writing, in which notice of termination is given by one individual or business to another. It is pursuant to a cancellation provision in a contract to forestall ...

Paneled brickwork between timber quarters, a framed wall, or partition. ...

Charges billed for services rendered. They may be on a flat basis or on an hourly rate. ...

Nineteenth-century style home architecture featuring three dimensional ornamentation, made by hand using a chisel and gouge. ...

Right of property owner to have his or her property used in satisfying a loan. Written contract of court judgment placing a lien on a parcel of property as collateral for a loan. An ...

Constructed in place by filling holes drilled through to bearing strata with concrete. ...

Popular Real Estate Questions