Deterioration, sinking, water?

When all, or a significant portion of your premises becomes unfit, whether by fire, storm damage, or serious deterioration, you have a right to vacate the premises and terminate your contract without penalty.

And, just as in SFH, you have no control over the evolution/devolution of the neighborhood - but, unlike with SFH (unless you own entire blocks), one house located in a deteriorating area takes just a minor portion of your portfolio down, whereas one declining MFH construct might be your entire portfolio.

Sophie: wish you the best with your investment . it appears Buckingham Rd changes to Buckingham ave and back again. values deteriorate quickly as you north from zip code 48230 to zip 48224.

My goal is to acquire properties through foreclosure and if I am doing via tax sale then I believe it should be a home run not just some mediocre deal I can get off the MLS any day.4) I have misjudged the value of properties or the property has deteriorated between the time I inspected it and foreclosed.

With the roof deteriorating and everyone could use some funds i'm in favor of selling for cash. 

A home in foreclosure for several years entertained multiple offers that failed conv financing because of the deteriorating condition of the home.

It's a big house at an A-location, but it's old and has deteriorated for years.

However, our insurance company ruled that the lines had deteriorated over time, and the back-up wouldn't have caused the damage it did if that deterioration had not been there already.

When I went to school there, I lived in a duplex on Sagewood which still seems to bring in a lot of students but a lot of the Duplex’s appear to have deteriorated from when I went there.