“I’ve seen some properties say ‘corporate owned’. Does that mean it’s a foreclosure?”
Answer:
Usually.
It typically means it’s a foreclosure, or occasionally if a relocation company has bought someone’s home to facilitate their job transfer or new job.
Some banks don’t like us to use “foreclosure” when marketing their properties, but most of those banks are OK with “corporate owned.”
Find a Home Not Officially “On The Market” or in MLS
