Finding the right expert in a world of incomplete information
A few months ago, we were in the market to buy a house. A newly constructed home in our preferred neighborhood was beyond our budget, so we focused on the older houses. Built about a century ago, these came loaded with charm. Unfortunately, as our realtor often reminded us, they could also come loaded with issues. More than outdated layouts and rusty fixtures, we needed to be concerned about potential disasters hiding behind walls, under floors and above ceilings – think flood damage, old plumbing and wiring, termites, mold. As potential buyers, our real concern was not what we knew, but what we didn’t know.