Buying a house through a relocation company?

[iamwiz82]

A house we will be looking at on Sunday is being sold by a relocation company. I am wondering how flexible they are. I have heard that they will not fix problems found in an inspection, you have the option of either accepting it or not accepting it.

 

[Lola]

a realtor said that they may be more leinent with offerings

 

[VirginiaDonkey]

I just bought a House through relocation company.

Usually, When you make an offer to the owners, you submit the offer to them, they in turn, have their relo company draw up an identical contract, so you deal with the relo company, not the owner. BUT, the owner is on the hook for home inspection, appraisal, termite inspection, etc. Of course you make the offer contingent on home inspection and you ask for a credit at closing for things found wrong or ask them to fix them.
My inspection found about 2K worth of stuff to fix, they fixed probably $500 worth, credited me $500 and the other 1K was for the furnace and I let slide it since they had documentation , that it had been recently serviced. it was a PITA to deal with a relo company, but we got er done

Just ask, worst they can say is no!

 

[minendo]

Originally posted by: Lola
a realtor said that they may be more leinent with offerings

They sure are. We have sold all of our previous houses to relocation companies. The buyer then pays no where near what the original asking price was.