@Tom Gimer  Ed and his wife Sandy sued WAMU, Wells Fargo, FDIC and two title companies. 

But in general, some examples could be poor exterior grading, soil types, issues with gutters or drainage, freezing/thaw cycles, poor construction, deteriorated components to name a few.

High-end condos make a lot of money at a time but there is a huge market for the young couple with no kids or one or two and they can't afford $400/night, something like $250/night (peak season price) and a 2 minute walk to be on the sand is attractive to them too.

@Sandy Sawyer is right about cashout refinances needing a 6 month seasoning period.

I have an irrigation system at my house , its sandy soil and PVC pipe  4 to 6 inches in the ground .

Hey guys,we are considering a purchase of a house in Texas, where there are "areas of active soil", meaning lots of houses have foundation issues due to bad soils.The seller repaired the foundation and there's a LIFETIME transferrable warranty.Does it mean next time there are issues with foundation, the repair company will take care of it without us having have to pay?

Here in East Texas we have clay soil which expands and contracts a lot.

I hear about issues with lead in the paint and soil on older homes. 

I realize the soil is that nasty clay stuff and I guess houses built in the 70s are just giving it up.

TX soils are netorious for foundation issues and the fix for your particular issue will depend if it is a raised foundation or slab.