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Difficult to detect, these three renovation horrors could devour more than your budget, Fran Molloy warns.

Many canny home-buyers pore over real-estate pages looking for the worst house in the best street, hoping to turn a bargain “renovator’s delight” into their dream home. But there are many traps for the unwary: the three most likely to cause a renovator’s budget to blow out – with little tangible return – are the problems of rising damp, termite infestation and the presence of asbestos….more

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