|
04-03-2009, 07:01 PM
|
|
Junior Member
|
|
Join Date: Apr 2009
5 posts, read 2,668 times
Reputation: 10
|
|
Need emergent help! New home buyer, foundation problem
My wife and I signed the sales contract of a foreclosed house. The house was built in 2004 and is located in DFW (76131). The inspector told us there are brick cracks (about 1/8 to 1/4 inch in width, diagonal) at the corner (next to gargage door) and the house has foundation (slab) settlement (about 1/2 inch). There is no visible crack or sign of leakage inside the house. The inspector suggested that two or three piers be installed for the long run.
Is it a big issue? Is this house worth buying? Since we have to make our decision (cancel or bargin) by next Monday, would anyone please give us some suggetions?
Thanks.
|
|
04-04-2009, 11:42 AM
|
|
Senior Member
|
|
Join Date: Feb 2007
5,697 posts, read 4,852,007 times
Reputation: 1002
|
|
|
too many variables to give informed decision
sounds like you are winging this w/o real estate agent
why ask for advice now
|
|
04-05-2009, 03:41 PM
|
|
Senior Member
|
|
Join Date: Jan 2008
117 posts, read 107,357 times
Reputation: 17
|
|
|
who was the original builder? are they reputable? then again, it is hard to judge the house. you need a second opinion it seems. are you able to pay for a second inspection? momma always said, if in doubt, don't do it. but momma wa not always right. so what do you think?
|
|
04-06-2009, 12:07 AM
|
|
Senior Member
|
|
Join Date: Mar 2008
350 posts, read 273,313 times
Reputation: 62
|
|
|
If there is concern about the foundation when the inspector looks at it, generally you want an engineer specializing in this to do an inspection of the foundation and if there is damage make recommendations to fix it. This should be at the seller's expense but talk to your realtor.
I chose not to buy a home 2 years old because of similar cracks.
|
|
04-06-2009, 12:07 PM
|
|
Junior Member
|
|
Join Date: Aug 2008
8 posts, read 5,502 times
Reputation: 14
|
|
Foundation
Dealing with foundation issues can be costly and if you do not have the real issues addressed and know what you are getting into it could create a problem for you later. You will also be affected whenever you decide to sell as you have to disclose any problems that were with the property.
There are plenty of homes on the market without these issues and may be worth looking further or at least clarify what is going on with this home before you officially purchase.
|
|
04-06-2009, 09:00 PM
|
|
Junior Member
|
|
Join Date: Apr 2009
5 posts, read 2,668 times
Reputation: 10
|
|
|
Thanks , folks. We have terminated the contract. We will pay special attention to those issues next time.
|
|
04-06-2009, 09:08 PM
|
|
Senior Member
|
|
Join Date: Jan 2008
117 posts, read 107,357 times
Reputation: 17
|
|
|
good for you. it really wasn't a great idea to take on such an issue. good luck on your search.
|
Please register to post and access all features of our very popular forum. It is free and quick.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Linear Mode
