Buying a house is a major decision because properties aren't liquid assets. There are a lot of transaction costs associated with the purchase and sale of real estate. And if it turns out you made a mistake, it can be expensive to rectify it -- in some cases, it can be difficult or even impossible if you can't find a buyer to take it off your hands.
You don't want to end up regretting your purchase because of a problem with the house, so consider walking away if a property you're interested in shows any of these red flags.
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