Buying and owning a house is often considered a significant financial investment and a milestone in personal wealth building.

“A house depletes your savings. It's a money pit,” he said. “It's crazy the amount of money that a house costs you.” Proponents of homeownership often argue that property values appreciate ...

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 expensive repairs. To help you ...

If you’ve had a hard time buying a house because you either can’t afford it, can’t get a loan or haven’t found the right fit, here’s some good news: You might be avoiding a “money pit ...

Also, trees that are close to the house put an additional strain on your ... “It can still be a money pit even if the home is sound but the HOA is not.” ...

Identifying a money pit is sometimes obvious—listing the house “as-is,” visible cracks in the foundation, mold everywhere—but sometimes the signs you’re about to ruin your life with a ...

Unfortunately, the condo is a “MONEY PIT” with big, bold letters in capslock and has not appreciated, according to the Redditor. According to the poster, there are many issues with the layout ...

House Speaker Mike Moyle ... go back and watch “The Money Pit” again. Plus, as Rosenberger reported, legislators didn’t even include the proceeds from the sale of the building when weighing ...