All Forum Posts by: Joshua Meyers

I don't know if Lima is big enough for this thing...hmmm..

Joshua : Don't just walk but Run away from this deal . Stating that the " shiftage " just started to me is BUxx SHXX RED FLAGS ~!! Lots of other deals out there if you put the time and effort into finding them . 

             Just curious but 6 months from now give the guy a call back find out if a better deal is on the table . then let us know .

You mentioned you Might be living in the basement apt . ? water / Moisture on back wall can lead to more problems Flooring / Carpet problems Possible Mold . I am guessing the back wall you referenced had Not been treated with a Tar type foundation sealer ?

Also guessing that when they built the place the Grading of the Property was Not done very well. When the time comes to sell the property in all likelyhood YOU will be faced with Needed repairs for the next buyer Just hate to see you get stuck with a Lemon of a house 

a couple of things stand out to me .

Bottom picture : It looks like Slab walls under the Blocks has cracks and shifted . This would cause the Block joints to seperate and shift . also at top of blocks the Sill looks rotted and worn out 

middle picture : shows more Footing damage and Block seperation . Not sure on the Black pipe sticking out Not a dryer vent Possibly at one time Vent for a wood stove ?

top picture : looks like the continuation of the side 

guessing this caused by water and frost . also guessing there is just a crawl space and no full basement underneath ? If that is the case you are going to have to find either a structural engineer or a Foundation company that jacks up slabs and walls replacing the cracked blocks . If that is the case someone will have to have access to underneath the house to verify and foundation and check the sills 

realisticlly it ain't going to get any better . Might be a $3,000.00 job or a $20,000.00 job . What is the gutter situation on the house ? Not sure what part of PA. you are in but you want to make sure any Footings / new walls are at least 4 feet into the ground .

In this type of instance I would say follow your gut. Do you feel like it is an issue? Is there a basement that you can check out and see if it is wet or anything? If you don't think it is an issue, make your offer and make sure you have contingencies in your contract for inspections. At that point, I would bring in a foundation expert and have them check it out. If it ends up being an issue, get a quote from the foundation expert, and tell the seller you need to lower the price accordingly. If your gut tells you it's an issue, you can still make an offer but make sure you make an estimate as to what those repairs will cost and use that in your initial offer. Either way though, make sure you have contingencies and get it inspected by a professional.  

I'm relatively new to all this. It worries me slightly, but I think the seller is motivated enough for me to purchase this property at a price that is a solid deal right now and still a good deal even it were to be repaired.