Vandalism and theft are common in vacant foreclosures.
If they've been off for months, you must ask if they can be turned back on for a pressure test on the plumbing and a safety check on the electrical systems before you buy. The Legal Minefield questions to ask when buying a foreclosed home
Many foreclosures are sold as-is , and some lenders won't finance homes in poor condition. You may need specialized options like an FHA 203(k) loan or a Fannie Mae HomeStyle loan. The Physical "Red Flags" Vandalism and theft are common in vacant foreclosures
Long vacancies can lead to burst pipes, mold growth, or pests in the ductwork. questions to ask when buying a foreclosed home
Foreclosed homes often suffer from "deferred maintenance"—a polite term for neglect.