Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Luke C.
  • Wausau, WI
1
Votes |
9
Posts

Accepted offer on side by side duplex with foundation Cracks

Luke C.
  • Wausau, WI
Posted

So I received an accepted offer on a duplex and had the inspection done today. The inspection showed two horizontal cracks about 1/8 inch wide and bowing in about 1 inch. The inspector was very detailed and found a few other items and radon levels just above the recommended EPA guide lines. I'm worried because I know the foundation repair can be expensive and lower the property value. Also having a radon system installed would be a must. I am considering backing away from the deal which is tough since I have been looking for two years now. My next step is to have the crack checked by an masonry contractor and look into having the sellers pay for the correction. Just feel like I may be getting in over my head. 

The home was build in 1978 and one side is in pretty good shape and the other needs a good amount of TLC. The roof is newer, Furnaces and water heaters are newer. Thoughts?

Most Popular Reply

User Stats

48
Posts
26
Votes
Victor Evans
  • Investor
  • Frederick, MD
26
Votes |
48
Posts
Victor Evans
  • Investor
  • Frederick, MD
Replied

@Luke C. ,Can you share photos of the foundation cracks and inspection report? Typically concrete cracks are considered to be hairline up to 1/8" width and considered negligible. I'm concerned about the "bowing" of 1 inches.. First of all, I'm not quite sure what you meant by that.. but if part of the concrete foundation has cracked and rotated in-plane to the basemat, that's a red flag for me. I would either get a structural engineer or foundation GC out there for a quote and let the seller and the agent know that THEY have a problem..

Loading replies...