Inspection report shows significant foundation issues, worth it to look into fixing?

[Sean Haran]

Hello! Had an offer accepted on a house in the Reeb-Hosack area of Columbus OH. Inspection report came back with a few things, but the one that concerns me is foundation problems. There is cracking and quite a bit of of movement/settling/leaning in 2 corners of the foundation. There’s also these weird support beams that I’m assuming the current owner installed. They aren’t secured to a footer, they are just kinda jammed between the basement floor and some of the major beams on the bottom of the house. He also observed some active water penetration into the basement

I am trying to figure out if it’s worth it to look into fixing it and trying to make the deal work, or if I should just keep looking for a different property. I’m a first-time investor and I’m investing out of state… don’t want to get dragged into rebuilding the whole house lol.

These were the actual words from the inspection: “I observed cracks throughout the foundation and leaning/settlement at the east and north structural wall of the house foundation. Major defect.

I am not a structural engineer. I recommend a structural engineer further evaluate and make recommendations related to this observation” 

And regarding this make-shift supports: “

Temporary posts exist in the basement that should be considered for replacement with a permanent support system.

A temporary post is noted as a support to the ground that does not appear to be resting on a footer.

This temporary support post is holding up a metal beam supporting a large portion of the house.

This is a structural concern that should be reviewed by a qualified engineer/contractor”

I will include a couple pics as well 

[Mindy Jensen]

I wouldn't touch this property with someone else's 10 foot pole.

I don't do ANYTHING with foundation work.

There are people who do, and that's awesome for them. I know my limits, and this is outside of them.