Buy or pass on property based on inspection report

[Lucky Tran]

Seeking advice and opinions on those with more experience with foundation problems.

I am really excited about having this property under contract but am now questioning if it's a good deal or not based on the foundation problems reported.

Home inspection guy says he's not an expert but recommends structural engineer if I want to know specifics on how many years I'm looking at before I need to do some repair on foundation.

Settlement is normal for these properties in the area and for the age of the house.

Inspector's opinion is that foundation showing signs of movement that exceeds normal tolerances and changes in floor elevation of house greater than would normally be expected.

Not only does that sound like a red flag to me, but also the following::

- Soil levels against exterior grade beam appear to be too low

- interior sheetrock cracks and/or stress indicators (multiple areas photographed; about 20)

- floor slopes and/or unlevel areas (bathrooms, living space)

- misalignment of exterior doors due to foundation movement (very obvious)

- deflection cracks in exterior veneer (a few I wouldn't be too concerned, but there are pictures of about 20 areas that show more than a hand's width of defect with signs of poor "band-aid" repair)

Not sure if I can post pictures but figured the description is enough to determine yes or no.

Is this a good or bad investment stepping into?

Thanks all!