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Started By
Message
First time home buyer - is a foundation issue found during inspection a dealbreaker?
Posted on 4/29/19 at 12:34 pm
Posted on 4/29/19 at 12:34 pm
I’m having a structural expert come out to generate a quote for use in negotiation and to determine if this is a true foundation issue or a cosmetic one (doubt it, personally); but I’ve got to believe this is going to hurt resell badly and could leave me footing the bill for more expensive issues down the road. House is nine years old and had a vertical crack going straight through a cinderblock that turns into a stair step crack as it gets closer to the ceiling of the crawl space.
Me and my fiancée kind of fell in love with the house, but my instincts are telling me this is a run, don’t walk away scenario. Never been through it before so was curious what you guys had to say.
ETA:
Self taken picture
ETA2:
Walked away
Me and my fiancée kind of fell in love with the house, but my instincts are telling me this is a run, don’t walk away scenario. Never been through it before so was curious what you guys had to say.
ETA:
Self taken picture
ETA2:
Walked away
This post was edited on 4/29/19 at 7:20 pm
51
Posted on 4/29/19 at 12:35 pm to Ross
yes, next question.
there are a million houses, and you and the woman will fall in love with a few. no reason to buy a new-ish house with foundation issues if you don't have to.
there are a million houses, and you and the woman will fall in love with a few. no reason to buy a new-ish house with foundation issues if you don't have to.
This post was edited on 4/29/19 at 12:36 pm
Posted on 4/29/19 at 12:35 pm to Ross
Yes
Posted on 4/29/19 at 12:35 pm to Ross
Yes dude, walk away
quote:
foundation issue found
quote:
I’ve got to believe this is going to hurt resell
This post was edited on 4/29/19 at 12:38 pm
Posted on 4/29/19 at 12:36 pm to Ross
Stay away from that
Posted on 4/29/19 at 12:37 pm to Ross
Most houses have foundation issues at some point
Posted on 4/29/19 at 12:38 pm to Ross
quote:
I’m having a structural expert come out to generate a quote for use in negotiation before closing; but I’ve got to believe this is going to hurt resell. House is nine years old and had a vertical crack going straight through a cinderblock that turns into a stair step crack as it gets closer to the ceiling of the crawl space.
Me and my fiancée kind of fell in love with the house, but my instincts are telling me this is a run, don’t walk away scenario. Never been through it before so was curious what you guys had to say.
Was the foundation repaired already? If not, walk
I bought a home that was repaired. It came with a 25 year warranty and has not budged in 5 years.
Posted on 4/29/19 at 12:38 pm to Ross
run
I've owned a house with a foundation issue. It sucks. The repairs generally don't stick. NO NO NO NO NO.
ETA: Had an engineer review the house prior to purchase. The foundation issues that came up were minor, but when it is time to sell, you immediately lose customers who have zero interest in a house with foundation issues.
I've owned a house with a foundation issue. It sucks. The repairs generally don't stick. NO NO NO NO NO.
ETA: Had an engineer review the house prior to purchase. The foundation issues that came up were minor, but when it is time to sell, you immediately lose customers who have zero interest in a house with foundation issues.
This post was edited on 4/29/19 at 12:41 pm
Posted on 4/29/19 at 12:38 pm to yellowfin
quote:
Most houses have foundation issues at some point
What is that supposed to mean? He should just buy one with a preexisting issue to get it out of the way?
Posted on 4/29/19 at 12:39 pm to Tigeralum2008
quote:
Was the foundation repaired already? If not, walk
I bought a home that was repaired. It came with a 25 year warranty and has not budged in 5 years.
Dad had a house with a foundation repair under warranty. Foundation buckles. "Oh, that is in a new area not covered by the warranty."
Posted on 4/29/19 at 12:39 pm to Ross
Literally the worst problem you can have on a house
Would you buy a Used car with a bent frame?
Would you buy a Used car with a bent frame?
Posted on 4/29/19 at 12:39 pm to Ross
Not sure what you described is automatically considered a "foundation issue".
Posted on 4/29/19 at 12:40 pm to Tigeralum2008
quote:
Was the foundation repaired already? If not, walk
I bought a home that was repaired. It came with a 25 year warranty and has not budged in 5 years.
What is the difference between one that is already repaired and one that will be repaired by seller and warranty given?
Posted on 4/29/19 at 12:40 pm to Zach Lee To Amp Hill
quote:
is a foundation issue found during inspection a dealbreaker?
quote:
yes, next question.
Posted on 4/29/19 at 12:41 pm to Ross
That's not necessarily a foundation issue. There may have been some differential settlement that occurred and is no longer a problem.
Posted on 4/29/19 at 12:42 pm to Festus
quote:
Not sure what you described is automatically considered a "foundation issue".
Exactly. Houses sometimes settle and cracks appear. Get the report from the expert before jumping to conclusions and self-diagnosing a "foundation issue".
Posted on 4/29/19 at 12:42 pm to Ross
Depends on the area. If it's the only one in the neighborhood I'd shy away.
However, some places like old Shreveport (Highlands, Broadmoor) most homes have cracks, and finding one without issues is an exception.
However, some places like old Shreveport (Highlands, Broadmoor) most homes have cracks, and finding one without issues is an exception.
Posted on 4/29/19 at 12:44 pm to VABuckeye
quote:
Exactly. Houses sometimes settle and cracks appear.
Houses ALWAYS settle and cracks appear.
There's a big difference between some minor settling causing hairline cracks and major settling causing serious issues.
Posted on 4/29/19 at 12:46 pm to Ross
First time home buyer myself--closing tomorrow actually. House we loved had a crack in the front of the house to the foundation and we worried about the same thing. Home inspector came and had a structural guy look too. Both weren't worried at all about it and said it had a very solid foundation. Like others have said, don't jump to conclusions. Wait for the inspector to come and ask him very frankly about his thoughts on it and if it's worth buying. Good luck amigo.
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