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: Cracks in brickwork, a "dropping" brick line, or gaps between the wall and the roofline.
: If the foundation was previously repaired, ask for documentation and check if the warranty is transferable to a new owner. Negotiation Strategies
: Consider specialized financing like an FHA 203(k) or VA renovation loan , which allows you to bundle the purchase price and repair costs into one mortgage. Common Signs of Foundation Trouble buying a house with foundation issues
: Ask for a discount that covers the full estimated repair cost plus an "inconvenience tax" for the risk you are assuming.
Would you buy an older house with foundation issues? : r/homeowners : Cracks in brickwork, a "dropping" brick line,
: Foundation issues are a major red flag for mortgage companies. Government-backed loans like FHA or VA have strict structural requirements and may deny the loan unless repairs are completed before closing.
: Do not rely solely on a general home inspector or a foundation repair company for an assessment. An independent engineer provides an unbiased report on the root cause and a "prescription" for the necessary fix without trying to sell you a specific repair service. Common Signs of Foundation Trouble : Ask for
: Request credits at closing to ensure you have the funds specifically set aside for the work.
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