buying a house with structural damage??
So I am look at buying a house right now. My budget is low so I am looking at rehab homes. I looked at one yesterday and got very excited about the showing.....until I went upstairs:( the hallway and rooms have an obvious slant . I don't know anything about building or construction but it doesn't take a genius to figure out that it has structural damage.
After looking at the basement it was brought to my attention that the house was raised and leveled.
So I guess my question is. If the the house was raised and leveled but the upstairs still slopes what should my concerns be with buying?
and what might be needed to repair the upstairs and does anyone know what this might cost?
From what little you stated,.. An estimate of the repairs is Impossible....
Post does not say how old the house is, or characterize the damage, or indicate if there is reason to suppose it might be recent, or not.
In my area there are entire streets of 100+ year-old homes selling (or were selling, a few years back) for $750,000-1,500,000 that were built on masonry foundations extending 18" below grade with no footing, have slopes of one to 2 inches across a bedroom with doors cut down the match, and have been stable for decades after gravity had its way with the house. Part of the property's "character", and doesn't substantially affect resale value.
On the other hand, I also inspect properties constructed in the last 20 years with significant and continuing damage to poured concrete foundations that are ongoing structural nightmares.
Sometimes, the reasons for such problems are readily apparent, and it straightforward to estimate the cost of replacement or repair.
Some of my clients are more than willing to deal with these problems if the price is right.
If they are, IMO a reasonable first step is to spend a few hundred dollars for evaluation by a structural engineer familiar with the construction of such properties.
|All times are GMT -5. The time now is 07:56 AM.|
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2015 DragonByte Technologies Ltd.