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Updated over 16 years ago, 03/28/2008

User Stats

92
Posts
3
Votes
Andrew B.
  • Real Estate Investor
  • Calgary
3
Votes |
92
Posts

Structure Issues

Andrew B.
  • Real Estate Investor
  • Calgary
Posted

I'm looking at buying my first home (for myself to live in). I went and looked at it and it checked out pretty good for what I'm looking for, It does need work but the price reflects on that.

It needs new

Windows
Tub Surround and bathroom updates
Laminate Flooring (about 350 sqft (guess)
Carpet in bedrooms (3 bedrooms)

The whole house is 980SFT (bungalow) has a new roof in 2007 with 25 year warranty.

Now the issue, It does have cracks in the foundation, The realtor said the homeowner nows this and will pay for it, it will be in the contract that it will be fixed before I take possession (inspection before and after tomake sure it was done correctly)

Im just scared he will attempt to do it himself or hire a buddy that owns a company and do a real cheap and ****** job, Should I worry about this?

Should I get an estimate from a structural repair company and take it off the cost of my offer and get it done myself? Any other ideas?

There is also cracks in the garage floor that pop up, The only thing I see it as a tripping hazard because I've seen it in most houses around here, Should this concern me much? The house was built in 1968

Thanks Guys

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