[oh'mike]

No picture?

Often long lengths sticking up indicate plans for a masonry wall on top of the foundation--

Could be the budget changed and they went for a framed structure instead of the planned brick or block --picture could help explain it--Rebar could be cut back so it doesn't allarm future buyers.

 

[oh'mike]

Unsightly but not a big deal--that wouldn't be a deal breaker for me---

If you can't stand looking at it--Parge the walls and bury it---

 

[oh'mike]

I put that as 'funky by functional' and would not cut out the exposed rod---

Like you said--it's been there since it was made and hasn't fallen down---

Still doesn't sound like a deal breaker.

Do you have a skilled contractor that you could call in to assess the house for you?
Not an inspector--that is needed perhaps --but a person knowledgeable in older homes that could quickly go through the place and give you a thumbs up or thumbs down on the structure--and mechanical of the house?

 

[oh'mike]

You will need a basement waterproofing expert or a foundation expert to look at that---

If it is rain related then a set of drain tiles might be all that is needed--
worse case? excavate and waterproof--then backfill and drain tiles--

Not likely you will get a great answer here---a good one ? Maybe--there are several foundation pros here.

 

[oh'mike]

Why did you say that? The rebar was placed to close to the forms and the concrete spalled off--

are you seeing something I missed?

 

[oh'mike]

I understand that ---why did you say the foundation was failing?

 

[oh'mike]

Poster is looking at an vintage house (1948) -- a foreclosure--this is a garage foundation--

 

[oh'mike]

Most foreclosures are sold 'as is'---and the selling price reflects the flaws---stolen plumbing--flooded basements and all---so don't be dissapointed if they say--"this is the price--take it or leave it"

 

[oh'mike]

The foundation crack injection services do a very good job----I've never seen a DIY product the worked from the inside of the house.

 

[oh'mike]

They use a pump with 2000 pounds of pressure--really pushes the epoxy deep into the crack--often all the way outside the house.

I don't see a homeowner kit having that kind of force.