The process of selling distressed real estate can be very challenging.

A distress sale, also known as a forced sale or a distressed sale, is a situation in which a seller is compelled to sell their property or goods quickly and at a lower price than market value. Such sales typically occur when the seller is experiencing some form of financial hardship or unexpected circumstances that leave them with no choice but to sell quickly. Distress sales are common in the real estate market.

In a distressed sale, the properties are sold at discount to make them attractive to buyers. Hence, the seller experiences a financial loss after a distressed sale. Such a  sale does not happen in an open and competitive market; hence, the sale price does not reflect the market value.

GLC can help you get a deal as soon as possible if you are having trouble paying your mortgage or are struggling to avoid foreclosure. We will work with you to obtain the best possible deal on the market and the best rate from the buyers because it is our responsibility to assist you at every stage. We can successfully close the deal for you thanks to our knowledgeable staff, extensive clientele, and market expertise.