The Money Pit - wikipedia The Money Pit For the radio show, see The Money Pit Home Improvement Radio Show. For the location known as `` The Money Pit '', see Oak Island. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. ( March 2013 ) The Money Pit Theatrical release poster Directed by Richard Benjamin Produced by Kathleen Kennedy Art Levinson Frank Marshall Written by David Giler Starring Tom Hanks Shelley Long Alexander Godunov Maureen Stapleton Music by Michel Colombier Cinematography Gordon Willis Edited by Jacqueline Cambas Production company Amblin Entertainment Distributed by Universal Pictures Release date March 26, 1986 ( 1986 - 03 - 26 ) Running time 91 minutes Language English Budget $10 million Box office $54.9 million The Money Pit is a 1986 American comedy film directed by Richard Benjamin starring Tom Hanks and Shelley Long as a couple who attempt to renovate a recently purchased house. It was filmed in New York City and Lattingtown, New York, and was co-executive produced by Steven Spielberg. In 2013, NBC announced they were developing a TV series based on the film, but the project was later put on hold. Contents 1 Plot 2 Cast 3 Reception 4 Home media release 5 References 6 External links Plot Attorney Walter Fielding and his classical musician girlfriend, Anna Crowley, learn of Walter Sr. 's wedding to a woman named Florinda shortly after fleeing the country for embezzling millions of dollars from their musician clients. The next morning, they are told they need to vacate the apartment they are subletting from Anna 's ex-husband, Max Beissart, a self - absorbed conductor who has returned early from Europe. Through an unscrupulous realtor friend, Walter learns about a million dollar distress sale mansion on the market for a mere $200,000. He and Anna meet the owner, Estelle, who claims she must sell it quickly because her husband, Carlos, has been arrested. Her sob story and insistence at keeping the place in candlelight in order to save money `` for the goddamn, bloodsucking lawyers '', distracts Walter and enchants Anna, who finds it romantic. They decide to buy it, but Anna insists on putting up half of the money needed for the repairs. She turns to Max for her half by selling him back what she got in their divorce. Walter gets his half from his wealthiest client. From the moment Walter and Anna take possession of the house, it quickly begins to fall apart. Amongst other problems, the entire front door frame rips out of the wall, the main staircase collapses, the plumbing is full of gunk, the electrical system catches fire, the bathtub crashes through the floor, the chimney collapses, and a raccoon is living in the dumbwaiter. Contractors Art and Brad Shirk are called in ( the only construction company who is willing to take on the work ), who summarily tear the house to pieces using Walter 's $5,000 down payment, leaving him and Anna embroiled in bureaucracy to secure the necessary building permits to complete the work. His continuing frustration at the escalating costs of restoring the house leads him to brand it a `` money pit '', whilst the Shirks continue to assure him that the work will take `` two weeks ''. The repair work continues for a grueling four months and Walter and Anna realize they need more money to complete the renovations. She attempts to secure additional funds from Max by selling him some artwork she received in their divorce. Although he does not care for it, he agrees to its purchase. He wines and dines her, and the next morning, when she wakes up in his bed, he allows her to believe that she has cheated on Walter ; in reality, Max slept on the couch. Walter later asks her point - blank if she slept with Max, but she hastily denies it. His suspicions push her to admit that she did so, but the damage is done. Due to Walter and Anna 's stubbornness, their relationship becomes more and more hostile and in a rare moment of agreement, they vow to sell the house once it is restored and split the proceeds. This nearly happens, but he misses her and says he loves her even if she did sleep with Max. She happily tells him that she did n't and they reconcile. In the end, they are married in front of the newly repaired house. In the very final scene, Estelle and her husband / partner - in - crime, Carlos, resurface in Brazil where they try to persuade Walter 's father and his new bride to purchase an old house they claim to have lived in for several years... implying that the vicious cycle is about to start all over again. Cast Tom Hanks as Walter Fielding, Jr. Shelley Long as Anna Crowley Alexander Godunov as Max Beissart Maureen Stapleton as Estelle Joe Mantegna as Art Shirk Philip Bosco as Curly Frankie Faison as James Josh Mostel as Jack Schnittman Yakov Smirnoff as Shatov Carmine Caridi as Brad Shirk Brian Backer as Ethan Mia Dillon as Marika John van Dreelen as Carlos Douglass Watson as Walter Fielding, Sr. Tetchie Agbayani as Florinda Fielding Michael Jeter as Arnie Reception The film received mixed reviews. Rotten Tomatoes, a review aggregator website, reports that 47 % of critics have given it a positive review, based on 19 reviews, with an average rating of 4.8 / 10. Home media release The film was released on DVD by Universal Pictures Home Entertainment as part of a three - film set, the Tom Hanks Comedy Favorites Collection, along with The ' Burbs and Dragnet. References Jump up ^ Andreeva, Nellie ( 2013 - 10 - 04 ). `` NBC Developing Comedy Based On Movie ' The Money Pit ' With Justin Spitzer, Amblin ''. Deadline. Retrieved 2015 - 02 - 19. Jump up ^ Andreeva, Nellie ( 2014 - 03 - 11 ). `` NBC Comedy Pilot ' Money Pit ' Pushed ''. Deadline. Retrieved 2015 - 06 - 09. Jump up ^ `` The Money Pit Movie Reviews, Pictures ''. Rotten Tomatoes. Flixster. Retrieved 2011 - 04 - 12. External links Wikiquote has quotations related to : The Money Pit Film portal The Money Pit on IMDb The Money Pit at AllMovie The Money Pit at the TCM Movie Database The Money Pit at the American Film Institute Catalog The Money Pit at Rotten Tomatoes The Money Pit at Box Office Mojo Films directed by Richard Benjamin My Favorite Year ( 1982 ) Racing with the Moon ( 1984 ) City Heat ( 1984 ) The Money Pit ( 1986 ) Little Nikita ( 1988 ) My Stepmother Is an Alien ( 1988 ) Downtown ( 1990 ) Mermaids ( 1990 ) Made in America ( 1993 ) Milk Money ( 1994 ) Mrs. Winterbourne ( 1996 ) The Pentagon Wars ( 1998 ) Laughter on the 23rd Floor ( 2001 ) The Shrink Is In ( 2001 ) Marci X ( 2003 ) The Goodbye Girl ( 2004 ) A Little Thing Called Murder ( 2006 ) Retrieved from `` https://en.wikipedia.org/w/index.php?title=The_Money_Pit&oldid=840207214 '' Categories : 1986 films English - language films 1980s comedy films Amblin Entertainment films American comedy films American film remakes American films Films about classical music and musicians Films about lawyers Films about suburbia Films directed by Richard Benjamin Films produced by Kathleen Kennedy Films produced by Frank Marshall Films shot in New York ( state ) Films shot in New York City Universal Pictures films Films scored by Michel Colombier Hidden categories : Articles needing additional references from March 2013 All articles needing additional references Talk Contents About Wikipedia Wikiquote Čeština Deutsch Español Euskara Français Galego Italiano Magyar Nederlands 日本 語 Português Русский Suomi Svenska Українська 7 more Edit links This page was last edited on 8 May 2018, at 12 : 00. 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Question: where did walter hear about the million dollar distress sale mansion
Answer: Through an unscrupulous realtor friend