Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Foundation Issues found in Inspection. Wondering if I should run?
I am a first-time homebuyer wondering if I should walk away from an older, renovated home that has foundation problems.
I just had the Inspection complete on a home. The Inspector found Deteriorated Piers and Support in the Foundation. I'm wondering if I should walk or accept the seller's offer.
From the homeowner:
"We are willing to make repairs, but not with a foundation repair company as the company will want to put in new pillars, and with the age of the home and the updates done, it could cause more damage to the windows and leave cracks around the house. They are willing to add some support for the existing piers."
Is this a valid argument? I have no interest in buying or fixing a home with a shoddy foundation.
Thank you for any advice!