Should I Buy a Home that had Previous Foundation Issues?
One of the most important parts of a home’s value is a strong foundation. Previous foundation issues can be a red flag, but the most important deciding factor should be the current strength and condition of the foundation.
When is it ok to buy a repaired foundation home?
Whether or not buying a home with a repaired foundation is a good idea depends entirely upon the quality of the repair. There are a few signs that you should look for when deciding if it’s a safe purchase. First ask for the city permit and approved plans to prove the repairs were completed with engineer approval and that they are up to appropriate safety codes. Next you should ask who completed the repairs. Look up the reviews on the company and ask for any warranties that would be transferred should you purchase the home. Finally to be extra cautious you should have a professional come and inspect the repairs personally to ensure the quality and that there will not be any unforeseen issues. During negotiations you can often make a request for an inspection part of any due diligence or contracts.
How a repaired foundation can be a good thing
Believe it or not, a repaired foundation can be a great thing for any potential home buyer. If the foundation has been appropriately repaired, there are a few advantages owning such a home. One advantage is that repairs can often increase the value of the home. Recent repairs can also lengthen the lifespan of the property also leading to an increase in value. Lastly, you can rest easy knowing you won’t have to worry about the age of the foundation in relation to the property.
Sure Safe offers home foundation inspections and specializes in helping real estate agents and prospective buyers. We’ve helped many homeowners make sound purchases by inspecting the foundation repair work of potential purchases. What’s best is that if we catch a mistake we can help save a sale by offering some of the best prices and fastest repair services in San Diego. Contact us today if you need a foundation repair inspection!
