While in many cases we are seeing multiple offers and many above asking price on foreclosures, every situation is different. the "Corporate Owned" home that may seem at the surface as a foreclosure could actually be owned by some LLC that buys homes at auction, flips them and prices them WAY too high.
You're best bet is to (when you find the right property for you) look in depth into the comparable sales in the area and offer based on your comfort level and how much you want the home.
It has been my experience that if the Corporate home or short sale is well priced then it could make sense to offer more than asking price, specially if there are other offers on the table. Ask your Realtor to find out if there are other offers and if any are above asking. Good luck. Leonardo
This is commonly done on foreclosure opportunities that represent the right home at the right price when buyers feel there may be multiple buyers interested in the property.
Unfortunately, we don't really know for certain if it a good idea until we are told the property went to another buyer that offered a higher amount for the home.
This depends on your level of desire for the home.