Buying a Home with Foundational Issues? Here’s what you Need to Know!
CMS Mortgage Solutions Inc.
CMS Mortgage Solutions Inc.
Published on March 15, 2023

Buying a Home with Foundational Issues? Here’s what you Need to Know!

When buying a home, foundational issues can be one of the most costly and time-consuming repairs that you may have to face. Foundation problems can significantly reduce the value of a home and present costly repair bills. Therefore, it is important to be aware of potential foundation problems before making a purchase. In this article, we will provide readers with an overview of foundational issues and what they need to know when buying a home with foundational issues. It will cover topics such as types of foundation issues, warning signs to look out for, the inspection process, and tips on how to make the best decision when faced with foundation problems.

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Types of Foundational Issues

The most common foundational problems are foundation settlement, heaving or shifting foundation walls and floors, foundation cracks, and foundation failure due to water damage. Settlement occurs when the foundation soil beneath a structure weakens or shifts resulting in the foundation sinking. Heaving is caused by ground movement which can cause foundation walls and floors to separate from each other. Cracks in foundations can be caused by either of these conditions as well asby excessive moisture or poor installation. Lastly, foundation failure due to water damage happens when water seeps into the foundation causing it to crack or buckle over time.

Warning Signs of Foundational Issues

Recognizing warning signs is key for avoiding costly repair bills in the future. Warning signs include foundation cracks, foundation walls that are separating from the floor or ceiling, doors or windows that no longer close properly, and foundation settlement. It is important to note that foundation problems may not be visible until they have caused significant damage.

Inspection Process

Having a professional home inspection completed before purchasing a home is key to uncovering any potential foundation issues. During an inspection, the inspector will assess the foundation, looking for signs of visible damage as well as assessing soil conditions. They will also look at the exterior of the home to check for signs of foundation movement such as cracked bricks or mortar joints. If any foundation issues are found during the inspection process, it is recommended to consult with a structural engineer in order to get a better understanding of the foundation and develop a plan for repair.

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Making the Best Decision

If foundational issues are uncovered during an inspection, it is important to weigh all options before deciding if you want to move forward with purchasing the home. Depending on the severity of the foundation issues, repairs may be required which could cost tens of thousands of dollars. If repairs are needed, it is important to get quotes from multiple contractors in order to make sure that you are getting a fair price. In some cases, if foundation repairs will cost too much money or take too much time, it may be better to look for another home without foundation problems.

By understanding foundation issues and what to look out for when making a home purchase, buyers can avoid costly repair bills and make the best decision for their needs. While foundation issues can be daunting, with proper research and planning, they do not have to be a deal breaker.

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CMS Mortgage Solutions Inc.
CMS Mortgage Solutions Inc. Virginia Beach
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