Cracked exterior block wall. Should I run for the hills? PIC

[Kyle Gregg]

I was looking at a house today in baltimore and i stumbled across this nasty looking crack in the exterior wall. It looks like the house use to have a front porch that later was converted into living space. The crack is right where the porch meets the house. Should i stay clear? The house has been on the market for over 100 days and is currently overpriced. any input would be appreciated! 

[Chris Winterhalter]

@Kyle Gregg 

I wouldn't cross the deal off my list just yet.  Just by glancing at the exterior it's not necessarily a high dollar repair (but could be).  

Vertical cracks are generally better than horizontal from a repair standpoint.  Have you walked the interior & exterior thoroughly?  Does the first floor have signs of settling in flooring, windows, doors, etc?  I would walk the home with 2-3 foundation contractors to get an idea of the issue.  Then make your offer contingent upon inspection, have a local engineer inspect and recommend a solution.  Many foundation contractors can recommend a cost effective yet experienced engineer.  It may be minimal or could be very expensive.  

You mention it's overpriced, I would make a low offer (especially since it's been on market for 100 days), & see where they counter.  If you get close spend your time walking with a few foundation contractors.