Sunday, November 7, 2010

Leaks Can Dry Up Your Wallet - WSJ.com

Left unchecked, water leaks can be a house's worst enemy.

"Water is one of the most destructive things to a house," says David Tamny, president of the American Society of Home Inspectors. "It can account for so many things going wrong in a structure."

Water damage is the second most-common cause of damage in homes, following fires, says Scott Spencer, world-wide appraisal and loss-prevention manager for insurer Chubb Group.

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