Any tips for buying a corporate owned house?


Saw a 3/1 home with an inlaw apt. recently reduced. The listing says it’s corporate owned. Is it possible to have them pay closing costs? Any room for negotiation, given that it’s corp owned? Any tips?


One aspect that might work in your favor is a corporation does not have emotional attachment to the property. Otherwise making an offer, negotiating a sale and closing should follow the usual path.

Try to find out how motivated the corporation is. Depending on how many offers they receive and how long the listing was up should give good clues to how motivated they corporation is. Like 71 said they are not emotionally attached to the property. Plenty of room for negotiation. I would go ahead and send in an offer at your lowest price then negotiate up to the price you’re willing to go to.

Hope this helps.