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Real estate
Risks of buying an abandoned property
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[QUOTE="Augusta, post: 302280, member: 25283"] Buying abandoned property might come cheap but the risks of buying abandoned property is high. The first noticeable thing is always the condition of the property. An abandoned property may have been neglected for year's which will make the property very bad as it has been destroyed by mold, pests, and other issues that can be expensive and time-consuming to fix. Another risk you might encounter is if the property is beyond repair, which means you could end up buying a property that is not worth your money giving you very little value for your money. An abandoned property may just be a troubled property. [/QUOTE]
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