Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Remodeling- Foundation Issue House
I am looking at a house which floor is leaning due to foundation issues. Its a two story house (2200 SF). The house is leaning on one side due to soil settlement. The seller has a foundation repair quote for 20K with 1 year warranty.
Any body who has dealt with such foundation issue remodeling. My concern is even if I spend 20K on foundation, once its fixed, the other stuff such as door frames, window frames, cracks etc will need to be fixed. What are other issues I need to account for?
Once I fix it, would I have challenges in selling the house in the market? If the item is fixed, does it show up on seller disclosures? Because people stay away when they hear foundation issues.