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Updated about 6 years ago on . Most recent reply

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Arne Olsen
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Foundation issues in Zmanchester, CT

Arne Olsen
Posted

We are planning to purchase a condo in CT. How do we determine if a development is free from the crumbling foundation problem?

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John C.
  • Investor
  • Tolland, CT
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John C.
  • Investor
  • Tolland, CT
Replied

speaking from current experience and having 2 purchases fall through within last 6 months in Tolland county, please familiarize yourself with the vast amount of resources available online starting with http://crcog.org/crumbling-foundations/

https://www.ct.gov/doh/cwp/view.asp?a=4513&Q=599270&PM=1

Without going into too much detail, because there is a lot.  First the years affected are 1983-2015.  There are some reports that say a 1981, but this is your first baseline to check.

Second check with town assessors office to see if the property has applied for a temporary reduced assessment.  This is another clue there may be an issue.

Thirdly get a realtor with experience dealing with this area and the foundation issues.  BP is littered with agents, but if you want mine DM me.  

Lastly the one sure fire way to know is by having the seller submit to a core sample. My 2 deals fell through because they wouldn’t submit to one.  You might think it’s a cost issue but the state has programs to reimburse 50% up to 4K (if I remember correctly). Mine fell through because both sellers said if they submitted to one and it came back positive for pyrrhotite they would have to disclose it.  Go online and watch any vids from wfsb, fox61, or wtnh they are littered with reports on this subject.

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