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Updated almost 11 years ago on . Most recent reply

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Bill Newport
  • Newport Beach, CA
2
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25
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Structural / Foundation Damage

Bill Newport
  • Newport Beach, CA
Posted

Hello All,

I have found a property that has structural / foundation damage. It is an REO and the listing agent is not giving a lot of information about the damage other than it exists. I was hoping someone could give me advice on who would be a good source for finding out what exactly the damage is and how much it would cost to fix. Thank you...

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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
4,924
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10,177
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

A lot of foundation companies will give free bids (I would recommend getting at least 2). Or if its really bad you could have a structural engineer look at it, although that will cost money and they wont give you a quote to repair it either.

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