Morning Minute: Buying a vacant home? Avoid problems that could cost you money

Realtor.com points out four potential problems to look for if you are thinking about buying a home that has been vacant for awhile. Appliances that have gone unused for a long period of time may have issues with hoses and valves. Likewise, plumbing pipes that were shut off but not drained and treated should also be treated with care. Read more from realtor.com’s blog post, “4 Things to Watch Out for If You’re Buying a Vacant Home.

In other headlines:

Family Wealth Grows as Home Equity Builds – KCM Blog

Chicago developer completes 10-for-1 deal – Crain’s Chicago Business

Government applications drive big increase in mortgage apps – HousingWire

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