When buying a home, most buyers expect to work directly with a seller who lives in the property. But sometimes, you may come across a listing where the owner isn’t around. This is called an absentee owner situation. Understanding what that means can help you know what to expect in the buying process.
What Is an Absentee Owner?
An absentee owner is someone who owns the property but does not live in it. Common examples include:
- Rental properties where the owner lives in another city or state.
- Inherited homes that the owner hasn’t moved into.
- Investment properties that have sat vacant for a while.
What Buyers Should Know
- Property Condition Could Vary
Some absentee owners keep their homes well-maintained, but others may have deferred maintenance. Be prepared for surprises during inspection. - Limited Knowledge About the Property
If the seller hasn’t lived in the home, they may not be able to disclose certain details, like quirks of the heating system or past repair issues. This makes a thorough inspection even more important. - Negotiation Opportunities
Absentee owners may be motivated to sell quickly—especially if the property is costing them money to hold. This could give you room to negotiate. - Extra Paperwork
If the seller lives out of state, expect additional steps for signatures, legal documents, and sometimes power-of-attorney arrangements.
Buying from an absentee owner isn’t a bad thing—it just comes with unique circumstances. With the right real estate agent guiding you, the process can move smoothly, and you may even find a great opportunity.
If you’re considering a move or investment and require a trusted Real Estate Broker, we’re here to assist you. Contact us via email at TEAM@McDanielCallahan.com, complete the form below, or give us a call at 925-838-4300. We are ready to provide expert guidance and support for all your real estate needs. Terry McDaniel DRE License #00941526
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