Maybe someone knows something about this topic here, since it is a new one for me. I found a property in New Hampshire that looks like a pretty good deal, assessed at $130k, listed for $75k. Taxes are about $2k per year. It was built in the late 1980s and is a foreclosure (last sold for $173k back in 2005), supposedly with only interior cosmetic issues (needs paint, carpets redone -- however, I asked for more pictures and was told they didn't have any, which is possibly a bad sign). It was under contract earlier this fall, but the sale didn't go through. I inquired with the listing agent and was told a cash sale would probably be easier since it is on a "private road with no agreement", although there are no association fees. There are about 10 other houses on this road, and they all look to have higher property values. Does this mean that literally no one is responsible for road maintenance, plowing, etc? I've never heard of this situation before, but understand it is somewhat common in Maine, for instance. Is it too risky to buy a home in this situation? We like the area in NH (currently living in CT) and were thinking of buying it as a rental property for a few years and then maybe moving into it ourselves later on.