Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

226
Posts
53
Votes
Miles Stanley
Pro Member
  • Realtor
  • Schertz, TX
53
Votes |
226
Posts

House under contract - foundation, plumbing question URGENT(ish)

Miles Stanley
Pro Member
  • Realtor
  • Schertz, TX
Posted

Hi all!

We are on day 3 of our option period.  House and termite Inspection completed today, contractor set to come look at the place Monday and give me a bid (will have inspection report in hand by then as well).  Next point of business, my inspector recommends i get a static and hydro-static test done on the house since the seller's disclosure said foundation work was done, but no paperwork/warranties/reports are available.  Disclosure just says the rear of the house was leveled.  The seller bought it from the previous owner, started rehabbing, and has decided to sell it.  The inspection didn't show anything alarming really, mostly little stuff.  There was no indirect evidence of major foundation issues except for the usual thin cracks in drywall here and there and some of the doors look like they were 'trimmed' a bit to make them close.

But i am suspicious about the foundation work that was done.  I have requested a list of the permits that were pulled for the property from the City, but none of them were for foundation work (at least going back to 2012).  I think the static tests are a good idea to see if the foundation work caused any damage to the plumbing.  Its an older house (±50 years), so i know the pipes are likely cast iron for the sewer.

It's our first one, so I'm in the middle of the option period frenzy to get everything done in time and i wanted to be sure I'm thinking about about this right.  The way i see it, I would be paying a few hundred $ to save potentially several thousand $$$.

Thanks for the input.

  • Miles Stanley
  • [email protected]
  • (210) 279-5133
  • Loading replies...