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All Forum Posts by: Elliot Rosen

Elliot Rosen has started 1 posts and replied 3 times.

Post: Impact of a bowing foundation on resell value

Elliot Rosen
Pro Member
Posted
  • Investor
  • St. Louis, MO
  • Posts 3
  • Votes 1

Understood, @Zachary Deal. Appreciate that insight.

+ thanks, @Peter Mckernan!

Post: Impact of a bowing foundation on resell value

Elliot Rosen
Pro Member
Posted
  • Investor
  • St. Louis, MO
  • Posts 3
  • Votes 1

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.

Post: Impact of a bowing foundation on resell value

Elliot Rosen
Pro Member
Posted
  • Investor
  • St. Louis, MO
  • Posts 3
  • Votes 1

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?