real estate

How to avoid buying a money pit

Plan a bad-weather visit
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Plan a bad-weather visit

It may sound strange, but it's a good idea to tour a prospective property on a bad-weather day, says Rusty Meador, project manager for Beach and Barn, a design and renovation firm in Wilmington, N.C.

Meador admits that house hunting during rough weather isn't always practical. But looking during these times is "the best indicator of how the house performs under real-world conditions."

Another idea that may require a little legwork is to ask the neighbors about the property.

"It's amazing what they will tell you if you just ask," Meador says. "They will tell you how often they see crews working on it, when it was last painted, etc."




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