Hey guys,we are considering a purchase of a house in Texas, where there are "areas of active soil", meaning lots of houses have foundation issues due to bad soils.The seller repaired the foundation and there's a LIFETIME transferrable warranty.Does it mean next time there are issues with foundation, the repair company will take care of it without us having have to pay?

Here in East Texas we have clay soil which expands and contracts a lot.

I hear about issues with lead in the paint and soil on older homes. 

It is now a $10K job that requires digging to run a new water line into the building due to the age of the pipes underneath.

I realize the soil is that nasty clay stuff and I guess houses built in the 70s are just giving it up.

TX soils are netorious for foundation issues and the fix for your particular issue will depend if it is a raised foundation or slab.

We have a lot of expansive soils around here and they used the excavation spoils to backfill instead of gravel - in some parts of the area almost half of the houses from the 60s have braced basements.Last year I did a major basement job with my own guys, because the major basement contractors were all booked out for the summer.

My PMI ended up being very low because I fell underneath the average income of the area.

@Chris LumLee I'm interested in farmland investing, and currently doing research on markets, soil productivity, conservation programs that pay  $$$.

They will come out and test the soil to make sure no lead chips got into the ground.