Should You Buy a House with Foundational Issues?
AuthorAmanda Dodge. Date:
Your mortgage lender might need extra forms before approving your loan, or you could receive unexpected news in your home inspection. One of the scariest issues is the discovery of foundation issues on a property. This could mean that the house is shifting, sinking into the country, or structurally unsafe to live in. Should you buy a house with foundation issues? There’s no easy answer to this question. That depends on your home-buying goals, your budget, and the issues at hand. However, you can use this guide to learn how to approach foundation issues and potentially turn a major home flaw into an opportunity to get a good deal. Is it safe to live in a house with foundational issues? Safety is the top concern when it comes to living in a house with foundation issues. Most inspectors and builders believe it is unsafe to live in a house that … Continued
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