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Updated about 1 year ago on . Most recent reply
![Lilly Fang's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1040143/1694717044-avatar-lillyf2.jpg?twic=v1/output=image/cover=128x128&v=2)
Foundation problem? ongoing problem? with 3 repairs within 2 years
I am interested in a house with foundation problems. It's a 1300 s.f house built in 1973, no basement, slab foundation. The document shows that the seller paid $27000 in 2022 for 8 eccentric pier installation, 20 carbon fiber grid stitching, 160 polyurethane injection, and permit, with 25 year warranty. Then in 8/2023, another polyurethane injection for $2000, 11/2023 concrete lifting for $2000, now another bid of $7500 for repair, the note says: Install Carbon Fiber Stitches to repair wall crack. Carbon Fiber stitches are meant to stabilize only. Correction cannot be attempted.
I guess finally the seller had enough of the repair and now put the house on the market for a discounted price.
I don't mind paying for repair, but am concerned about ongoing issues. Do you see any problem with this repair pattern?
It would be a good flip, but I don't want to flip a house then the foundation problems come up in 2 years and drag me to some lawsuit. It can be nice long-term rental as well.
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- Contractor/Investor/Consultant
- West Valley Phoenix
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A lot of this type of repeated movement is the house being built on fill and not properly compacted. Back in the 70s there weren't really very good at that. There are entire communities in some cities that have these issues.
But if there have been repeated attempts to fix this, I would not take a chance...it could become much worse and then you're screwed.....