The description in the Pasadena multiple listing service stated that the house was "corporate owned". Could it be due to a job transfer and it was now being sold by the relocation company? Or maybe it was a corporate buyout allowing one of its key employees to rid themselves of their last ties to the area, enabling them to relocate and start fresh. .."Are we preparing to enter the Wal Martization of the housing industry as bank owned properties populate the landscape" It was none of those. … [Read more...]