A Connecticut real-estate buyer recently paid $525,000 for a four-bedroom house he had never entered. The home appeared to be a bargain in a community where the property had been valued at roughly $650,000.
Then he opened the door.
Inside were the skeletal remains of three people, including a former owner and her son. The discovery, reported Monday by The Wall Street Journal, is an almost unimaginably grim example of the risk built into foreclosure auctions: A buyer can study tax records, aerial photographs and comparable sales, yet still know remarkably little about the property being purchased…