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Asked by R., Indiana Thu Jan 24, 2008

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Answers

4
Maureen Fran…, Agent, Birmingham, MI
Thu Jan 24, 2008
Corp owned can take a while no matter what. They don't typically work evenings, weekends, holidays, etc. If you are asking for something outside of the assigned employee's preapproved guidelines (like a lower price) then it might have to go "higher up" or back to the client for approval.
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2 votes
Joshua Jarvis, Agent, Duluth, GA
Thu Jan 24, 2008
Sometimes, now that the account manager has the file in front of them. However, don't expect much. They are the emotionless seller here. Bluffs don't usually work too well on the bank. Just hang in there, and don't be afraid to lean on your agent or theirs to get as much information as you can.
1 vote
Maureen Fran…, Agent, Birmingham, MI
Thu Jan 24, 2008
The other thing that I would add is that I have seen some of the best "deals" on corporate owned. Much better than foreclosures, which tend to be in less than perfect condition. So, while it may be nerve-wracking, you might be handsomely rewarded for a few extra days of waiting.
1 vote
Lorie Gould, Agent, Duluth, GA
Thu Jan 24, 2008
Maureen answered it perfectly. If you want this property you are at the mercy of the corporate owner.... a great practice in patience.
1 vote
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