PROPERTYpropertythat anownermustsellbecause theyfailedtopaytheirpaymentson amortgage:Commercialpropertymarketssawanincreasein foreclosures anddistressedpropertyin the thirdquarter.(Definition ofdistressed propertyfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofdistressed property
distressed propertyAn investor may acquire adistressedpropertywith a lease option and make improvements to the property.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Investors would buy adistressedproperty, perhaps make a few cosmetic repairs, and then resell the property for up to two or three times its actual value.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Upon arriving at the scene, however, the fire fighters did nothing while their employer bargained over the price of their services with thedistressedpropertyowner.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In the 1990s, he focused on buying distressed properties at government auctions.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Retail buyers typically can not get financing or have too much to choose from to bother with physically distressed properties.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The meaning ranges from steps home owners can do themselves to buying up distressed properties and making them certifiably green.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Vu's investment theory involved finding distressed properties: foreclosures, bankruptcies, divorces, tax liens, and selling them at a profit.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/distressed-property##
