I found a property that I am very interested in, namely for a personal property but can be used as a short term rental as it is in a popular vacation destination.
It turns out the property is a flip and is listed at a fair market (but high) price. It has been on the market for over 200 days, and hasn't sold. When looking deeper into the county records, it shows that the property is owned by a Realty company, not an individual. It was bought and remodeled (presumably as a flip). It would be great to pick it up at a discounted price.
I was wondering if anyone has ever been in a situation like this, and either A) tried contacting the owner (company) direct to see if they are motivated to sell much cheaper or B) working through a realtor just make a much lower offer? Any advise on how to play the angle?
Any input is appreciated, and apologies if I misplaced this posting in the wrong forum.
