A basement house is one where the house is built below grade or partly below grade.

Have you looked at addressing where the moisture might be coming from ie. exterior grading, lack of gutters etc?

The only way this could be is if they are an "A" Grade commercial lender, even then it seems low?

I work in CA as a land use/planning and site Civil Engineer (think roads, grading, sewer lines, water lines, curb and gutter, storm water drainage ect.) 

The downside was he had a lot of "free" help and many aspects of construction were already builder grade products but they were also installed poorly.

ITs the older homes were as Jon Pointed out were they are just slab on grade that you can see houses that are cracked like humpty dumpty and are off kilter 2 to 6 inchs from one side to the next.

If you are looking for more than just builder grade, call Doug @ D & D Flooring 704-374-9125.Let him know that you received his # from me.He is doing a couple of house for me right now.

He may have done the architectural grading, improvement plans but didn't have to if his goal was just to divide the lots and sell them (cheaper process).

I have bought this color from different stores & many different brands it always seems to look the same.I would leave the privacy fence up, most of us do like privacy.If you have to replace anything or make up grades, you want to go with more durable/indestructible features, but still want the place to look nice.  

I have a $10k reno budget to add laminate when the tenants move out and create the third bedroom in the coach house.The fifth one had a huge updated upper unit but the lower is what they call a "Polish Flat" where the bottom of the window sills are right at grade and cause water to constantly come in.