Should You Buy A Home With Foundation Issues?
Whether you’re purchasing your first house or your tenth, it can be a mix of trepidation and excitement. While it’s a little overwhelming to go through the entire process, it can be enjoyable to know that you’re moving into a brand new house. One of the facets of buying a house is figuring out what needs to be done in the establishment. If you’re looking at a home that needs a little foundation repair, then don’t be deterred by the amount of work that needs to go into it. As a foundation repair company, Foundation Solutions 360, can help you figure out if buying a home with foundation issues is the right choice for you and your family. If the repairs are done correctly, there won’t be any future problems. A lifetime warranty that can transfer to the next buyer protects everyone. Regardless of the foundation issues you might be having in your home, remember that we are the foundation repair service that’s right for you.
So, you’re considering purchasing a home that might have foundation issues. It’s exciting that you’re thinking about purchasing a home, but you’re not sure if buying one with foundation issues is the right option. It’s understandable that you might be a little hesitant to purchase a fixer-upper, but the question we’re going to address is whether you should purchase a home that needs a little work. The answer is that it depends on a few factors.
First, while it’s true that you may want to stay away from a home with foundation issues, if you love the house and it’s for a great price, then the question is how much will the cost be and it the home not past a critical stage for repair. Second, if you have the time and money to put into the house, then it’s an ideal buy. Third, you’ll want to figure out the number of foundation repairs that are needed in your home before you put down an offer on the house. In some cases during the home inspection process, these problem can be found and the seller is obligated to fix them before selling. If you’re still not sure if buying a fixer-upper is the right choice for you, then make sure to consult a professional.
The Checklist Before Purchasing The Home
Before you decide to purchase your dream home, make sure that you factor in these to-dos onto your checklist. It’s vital that you take these factors into consideration because you should know exactly what type of home you’re planning on purchasing. While there are bound to be some small repairs, if the repairs are expensive and not worth the home, then you may want to walk away from a money pit. Keep in mind that Foundation Solutions 360 can do a myriad of foundation repairs such as wall stabilization, piering, and waterpoofing.
Talk To A Professional
The first thing you’ll need to do is talk to a professional before you purchase your ideal home. When you find a fixer-upper with some foundation problems, you’ll want to consult a professional to figure out how many foundation repairs the house will need. It’s vital you talk a licensed expert at a foundation repair company to determine the problems and how much they cost and the amount of work it will need to be done. An expert will help to analyze the problems of the foundation and give you a professional assessment of the damage in the home.
Talk To The Seller
The next thing you’ll want to do is talk to the seller about the work that’s been done on the house in the past. It’s important that when you talk to the seller that you understand exactly what’s been done on the foundation previously. The seller obligated and should be able to tell you about any past issues and repairs as well as the present ones. Also, the seller should detail how the past foundation repairs were handled and how they worked as well as give you the paperwork and the company that they used previously for foundation repairs. While you don’t need to use the same company, it’s important that you know the exact work that’s been completed. Also, most reputable companies stand behind their work with a transferable warranty.
Be Aware Of The Actual Costs
Lastly, you’ll want to be aware of the actual costs of the house. If the house isn’t worth the amount that needs to go into it, then it might be best to walk away. When you’re aware of the full cost of the foundation repairs, you’ll be able to budget that into the amount that you’re already paying. If you don’t do this, you might end up paying more than what you originally planned on.
Are you purchasing a home with foundation repairs? Take the time to contact Foundation Solutions 360 to learn more about our services.