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An abandoned house is a property that is vacant . For numerous reasons, including foreclosure or bankruptcy, the owners have left the property. Abandoned homes are often tempting purchases because they're usually sold well below the market price.What is an abandoned real estate?
An abandoned property is usually a property whose original owner is no longer in possession of the home, and due to financial difficulties the house is run down and in need of repair. However, some abandoned properties turn out to be in good condition, with an owner who wants to unload it before foreclosure.What is an abandoned property?
abandoned property. n. property left behind (often by a tenant) intentionally and permanently when it appears that the former owner (or tenant) does not intend to come back, pick it up, or use it.