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That bargain property may not be such a bargain if it turns into a money pit.
In the 1986 film “The Money Pit,” a couple gets a great deal on a mansion — and they don’t find out why until after they’ve moved in. One thing after another falls apart, and all they can do is throw money into the expensive repairs. While the movie may have been fiction, there’s no shortage of homebuyers who’ve bought a money pit house. These people bought a home that needed unexpected and…
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