Property Q&A in Wildomar>Question Details

Elizabeth Sa…, Home Buyer in 92562

Is this a bank owned house? What is corporate owned? What is the house's status?

Asked by Elizabeth Sandoval, 92562 Sat Nov 15, 2008

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This question is about this property: http://www.trulia.com/property/1071548604-24827-Kentman-Ct-W…

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Answers

2
Elizabeth,

This is a nicely upgraded Corporate owned home. Meaning, the seller's employer moved the family out of the state and therefore purchased the home on their behalf.

Now the company wants this home off their books.

I was in the relocation business for 14 years so I can most definately educate you on the in's and outs of buying a relocation property.

This home is still available if you would like us to show it to you.

Amy & Robert Vaughan
951-963-0163
x1000 Amy
x1001 Robert
0 votes Thank Flag Link Mon Nov 17, 2008
Elizabeth -

Corporate owned is a term used on foreclosed homes. It is synonymous with REO, Bank Owned, Foreclosed, etc... See my link below for more details on how foreclosed homes are advertised.

A local agent will most likely respond to give you more details about this particular listing.

CJ
0 votes Thank Flag Link Sat Nov 15, 2008
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