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Should You Buy a House That Needs Foundation Repair?

Mar 12, 2024

Should you buy a house that needs foundation repair? That is an important question that every home buyer should consider. Foundation repair doesn't mean the end of the deal, but you should consider these factors.



1. How Bad Is the Problem?



The fact is, not all foundation repair is a critical issue. As a matter of fact, according to Clever, an informative site that provides articles on common homeowner issues, about 8.9% of home inspection reports note foundation issues. However, some foundation repairs are much more expensive than others, and some foundation damage can be catastrophic.



A home inspection can reveal the issue, but typically, a home inspector does not have the skill set to determine repair options or costs. Connecting with foundation specialists can reveal more information about the problem and associated costs. It's important that you evaluate the full picture.



2. What Caused the Problem?



Foundation experts will tell you that you must repair the root problem or cause of the foundation issue, or the problem will return. The next step in evaluating whether the home is worth investing in is to determine what steps would need to be taken to repair the cause of the problem. In some cases, the problem is easy to fix and in other cases, it may not be.



3. What Are the Costs?



Once you gather all your data about the foundation issue, you will need to crunch some numbers. Is the owner willing to provide you with a discount on the purchase price based on the cost of repairs? Will the owner accept responsibility for the repair costs? During the home-buying process, money is constantly being moved around, so be sure to account for this integral structural component of the home.



If you're getting a great deal on a property that is way below your budget, it may be a worthy investment. All the costs should be considered. There is an advantage to having experts evaluate the problem. A home inspector and an expert evaluation by a foundation repair professional can ensure that you move forward with your eyes wide open and fully understand if buying a specific home with a foundation problem is worth the investment. Closely evaluating your options is essential. Call Ruben's Foundation Repair today to learn more.

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Call us today to schedule an inspection with a certified and experienced foundation repair professional.
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