Buying Foreclosures in Flooded Areas

Debi, this is great advice. It may take awhile for the damage to show. It's like buying a used car from someone who was living in flooded area. :)

Hi Debi: Mold issues are a huge concern in Sacramento, too. The problem is most owners stop fixing things when their home goes into foreclosure. Then, when it's vacant, thieves break in and steal everything that is nailed down. Yup, doesn't matter if it's a fixture or copper pipes or a water heater, out it goes. Broken pipes leak. Moisture causes mold.  Good post, Debi.

Debi.. This is very good advice. Seems like common sense.. but I didn't put one and one together quick enough.  Mold is becoming a big problem.. especially with all the humidity lately.  Thanks for sharing.

Foreclosures are risky but sometimes they can't have power turned on for inspections.  In fact, lots of times they can't!  But if possible, inspect, or buy cheap.

When I've written offers on foreclosures my buyer took the bite and paid for the electricity to be put back on.  I think it was $50.   It was well worth the money.