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Foundation issues: Unexpected nightmares for homebuyers

On Behalf of | Nov 18, 2022 | Residential Real Estate |

Homes need to have a good foundation so they can remain standing as long as possible. Sometimes, unexpected changes in the ground on which the home sits can lead to foundation issues. These can be very costly to repair. 

If a homeowner knows, they must disclose that if they’re going to sell. Additionally, an inspection of the home should include the foundation issue. This lets you know exactly what you’re facing.

Signs that something is wrong with the foundation

You may see some signs of a foundation issue when you view homes. These include things like cracks in the exterior walls or doors and windows that aren’t aligned properly. Cracks in the interior walls and creaking floors can signal foundation issues. 

Foundation issues are costly to repair

Cracked or damaged foundations can be costly to repair. This project is best handled by a licensed contractor who’s experienced in this type of work. Foundation repair can cost thousands of dollars and is an expense that some new homeowners aren’t prepared for because they just shelled out so much money to buy the home. 

One of the best ways that you can protect yourself during the home-buying process is to ensure that you thoroughly read every document pertaining to the home you’re in. Seller disclosures are crucial because these give you an idea of what’s going on with the home. Add in an inspection and you should understand what needs to be done to the house. You have legal protections for many major issues if they aren’t disclosed or reported, so be sure to learn about them if the need arises.