Foreclosure Tips: Foreclosed Homes Need Close Inspection

foreclosed home
foreclosed home

With foreclosures at record highs, buying a foreclosed home might be a great deal, but the risk of getting a lemon also is greater.

Home inspectors don't always catch all the flaws in foreclosed homes that have remained empty for months, if not a year or longer.

Here are the top areas, from air conditioning to plumbing, that a potential homebuyer should either urge a home inspector to thoroughly check, or bring in a specialist to examine: