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Replacing Floor Joist/ Moisture in Crawlspace
I came across a property that dropped out of contract this morning with highly motivated sellers. Inspections from the previous potential buyer came back, and there was moisture in the crawlspace and the floor joist need to be replaced. The asking price is $110k and the house is just under 700 sqft, but I am not sure what the estimate of replacing the floor joist would be. I would assume it would be close to $15-20k. I will consult a contractor on the repairs, but wanted to ask the forums first on any experience with similar situations! Thank you for any help!
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Moisture in crawlspace - although I would check it out to see exact cause, I would not worry about it unless it is excessive. Every raised foundation house has some moisture under it.
The floor joist could be easy - you may need an engineer - but without seeing it, I would just sister a couple of other boards (same dimensions) on either side of the break/split, glue and through-bolt. You need to overspan the break by ~5 ft each side.
Generally speaking I would never let these issues deter me from buying this house....