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Updated 3 months ago on . Most recent reply

User Stats

3
Posts
1
Votes
Elliot Rosen
  • Investor
  • St. Louis, MO
1
Votes |
3
Posts

Impact of a bowing foundation on resell value

Elliot Rosen
  • Investor
  • St. Louis, MO
Posted

Hi all, new investor here. I'm looking at buying a house off-market that has a bowing foundation with horizontal cracks. I can imagine it depends on how significant the issue is but I'm interested in y'alls take on if this will impact the resell value even if I fix it completely? 

Most Popular Reply

User Stats

3
Posts
1
Votes
Elliot Rosen
  • Investor
  • St. Louis, MO
1
Votes |
3
Posts
Elliot Rosen
  • Investor
  • St. Louis, MO
Replied

Thanks Caleb and Kevin! I plan to have a licensed specialist inspect the foundation before we close on it so I know what I'm dealing with.. Definitely not doing the work myself so it sounds like resale value won't be impacted if I have a licensed person fix the issue and provide evidence/documentation that it was done correctly.

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