Buying & Selling Real Estate
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 about 6 years ago,
Bad Foundation - NEEDS Piers - Future Implications
Hi all! I am currently looking to purchase a home with significant settling issues in St. Louis, MO. The house will need piers, and my guess is it will cost about 20k. Its been sitting on market for a while and i believe most are too scared/don't have the capital to fix the issue shortly after closing. Fortunately, i do have the capital to take on the project, but worried about what future buyers will think. Assuming the piers do their job, and the structure of the home is sound...will this scare off buyers still? Does anyone else have experience selling a home that has had piers installed? Any and all advice would be greatly appreciated! I thank you fellow BPers in advance!