If you don't close you not only would lose your deposit, but you could face the possibility of being held in contempt of court.Because condo values have tanked recently, be sure and check the recent comps at least on Zillow, Trulia, Cyber Homes, NETRonline, etc. because the Sheriff's appraisers tend to be drive by "windshield" appraisals, and you can easily overpay based on their appraisal.

Oil tanks, broken sewers, asbestos, foundation issues, knob&tube or other old electric, mold.

Last one bought property for a garage but the garage tanked and subsequently they did as well.

Repairs needed.Basement 50 There is an old oil tank in the cellar that needs to be removed.

@Megan WakefieldMy current why is to get my husband and I to the point where we work because we want to, not because we have to because we both enjoy our current jobs, but I know all too well what it looks like when things don’t go well.I was just starting my career after college in 2007-2008 and both my dad and I lost our jobs due to the market tanking.

Things a tank and can tow whatever I throw at it trailer wise including 5th wheeler.

Sharks and guppies.... there is just too much marketing material out there saying how easy it is and snazzy names have been created to really make things marketable - house hack, turnkey, BRRR, etc etc. 

Could be a huge buying opportunity coming up soon if the economy tanks. 

@Russell Brazil I suppose “tanks” is a strong word.

Is there a single job provider in the area that can move out tomorrow and tank the entire town?