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Updated over 9 years ago on . Most recent reply
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Warranty on Foundation work but home was bought at an auction
I am trying to close on a home that has foundation issues. You can tell the home was repair but now there is issues again. The home was bought at an auction. I called the foundation company and they stated it was a life time warranty on the home but the owner has to transfer the warranty. Is there a process to get the warranty transferred since the home was auctioned off? The old owner abandoned the home.
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Usually if the home is foreclosed on and goes through auction everything restarts. No more liens on the property but also no more warranties. Sorry!
- Colin Smith