discounted properties
[dɪsˈkaʊntɪd ˈprɑːpərtiz]
nounpl: discounted properties
imóveis com desconto
1. Real estate or buildings sold at a reduced price below market value or asking price
The real estate agent specializes in discounted properties for first-time homebuyers.
O agente imobiliário se especializa em imóveis com desconto para compradores de primeira viagem.
2. Properties offered at a lower value due to foreclosure, distress sales, or motivated sellers
Many investors purchase discounted properties to renovate and resell for profit.
Muitos investidores compram imóveis com desconto para renovar e revender com lucro.
3. Real estate listings marketed at promotional or reduced rates to expedite sales
The bank is offering discounted properties from its foreclosure portfolio.
O banco está oferecendo imóveis com desconto de sua carteira de imóveis hipotecários.
In Brazil, discounted properties became increasingly relevant after economic fluctuations, particularly in São Paulo and Rio de Janeiro. They represent opportunities for middle-class buyers and real estate investors. In the USA, particularly in NYC, discounted properties often result from foreclosures, short sales, or REO (real estate owned) inventory from banks. This term is common in both English and Portuguese-speaking real estate markets, reflecting global economic practices.
NYC Slang
distressed deals, bank-owned deals, short sales
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