Foundation Problems, HELP A NEWBIE!

[Adriana Saldana]

Hi Everyone,

I am a newbie, and I got an offer accepted. However, during inspection the property showed foundation problems.  Two of the walls have 3/4 of an inch out of plumb. The reason for this is most associated with poor grade or pitch which caused  excessive soil /water pressure against the wall resulting in incremental displacement as wall yields to horizontal earth pressure. IF LEFT unchecked then it could lead to structural problems. Per structural engineer this could be fixed and would cost about $5.000 to fix. 

MY CONCERN is if I buy and fix it and keep the property for a while, then at the time to sell, will people walk away if they know this had foundation problems that were fixed?  IS IT COMMON for people to buy properties with foundation problems? Will foundation affect plumbing? What would anyone recommend in this case ? I've always heard that if a property has foundation problems to walk away so I am not sure whether to keep the property or move on ?