You’ve probably noticed in the news that real-estate markets across the nation are starting to see a little increase in activity and sales prices. That’s fantastic news for the typical seller, but for sellers having distressed property sale prices and surely days-on-market figures may not be looking up much. The truth is it is tough to sell an underutilized or distressed property in any market as traditional purchasers view it as a high risk investment given its condition and the amount of capital that will be necessary to get it into good running condition. So what’s an owner of distressed commercial, industrial or retail property to do? Think about a real estate bargain sale!
What IS a Real Estate Bargain Sale?
A bargain sale real estate transaction is an alternate to traditional selling techniques that allows the seller to pocket cash at closing while getting a substantial tax deductible donation that usually saves them from paying more in taxes on … Read the rest