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Find & buy an abandoned house: An abandoned house can be a great way to enter the real estate market. It’s often cheaper than buying on the open market, and you may even find. In this article, we’ll explore what you need to know before buying an abandoned house, including the risks and benefits, how to find abandoned properties for sale, and what to look for when. Seeing a sign that reads “abandoned house for sale” isn’t common, and you might wonder about the legality of such sales.