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 almost 5 years ago,
Thoughts on property in high structural issues area
Hey BP World!
I am currently looking for a SFH in Littleton, CO which is just west of Denver. Upon speaking with quite a few people and touring multiple homes the soil in that area is prone to structural issues due to the amount of Bentonite. I understand the importance of having a structural engineer to inspect any properties in question and I have one lined up if the case should arise.
However, I am surprised at how "comfortable" people are when discussing structural repairs out here. I come from an area in which a home with structural issues would be difficult to sell because it was not "normal" and usually a better option could be found. I am trying to educate myself on the process and effect a property with this "stigma" would have on resale.
If you were to find a property with structural repairs that the seller discloses, how comfortable would you be in proceeding?
Thanks for helping.