Distressed House:
Distressed houses are properties in poor condition, often due to neglect, age, or foreclosure. These homes may have structural issues, outdated interiors, or require significant repairs, making them less desirable on the market. However, for savvy buyers and investors, distressed houses present an opportunity to purchase at a lower price and renovate them for profit or personal use. While the potential for a good deal exists, buyers should be aware of the costs and effort involved in restoring a distressed home. Inspections and proper budgeting are essential to ensure the renovation is financially viable.
