From the BiggerPockets Blog

 BiggerPockets Blog »

Jump to Forum View All

Click a category below to view different forum categories.


General Info

BiggerPockets Q&A, Site Questions, & Announcements

1522 topics, 14441 posts — Last Post 04/23/14, 12:16AM

BiggerPockets Exclusive PRO Area

118 topics, 843 posts — Last Post 04/21/14, 12:11PM

New Member Introductions

10956 topics, 86287 posts — Last Post 04/23/14, 04:32AM

Real Estate Success Stories

397 topics, 6186 posts — Last Post 04/22/14, 10:39AM

General Real Estate

General Real Estate

Buying & Selling Real Estate

5980 topics, 47135 posts — Last Post 04/23/14, 04:20AM


649 topics, 5853 posts — Last Post 04/22/14, 09:53PM

Get Foreclosure Help - Help Stop Foreclosure Forum

316 topics, 2557 posts — Last Post 04/21/14, 03:59PM

Home Owner Association (HOA) Issues & Problems Forum

238 topics, 1611 posts — Last Post 04/23/14, 04:02AM

Do it Yourself

658 topics, 6313 posts — Last Post 04/23/14, 01:27AM

Reviews & Feedback

Real Estate Deal Analysis and Advice

3701 topics, 29679 posts — Last Post 04/23/14, 12:23AM

Real Estate Guru, Book & Course Reviews and Discussions

1138 topics, 11588 posts — Last Post 04/22/14, 08:22PM

Ask About A Real Estate Company

742 topics, 7341 posts — Last Post 04/22/14, 11:25PM

Real Estate Investing

Real Estate Strategies


5625 topics, 43879 posts — Last Post 04/23/14, 03:50AM

Rehabbing and House Flipping

3345 topics, 31074 posts — Last Post 04/22/14, 10:06PM

Real Estate Development & New Home Construction

554 topics, 4694 posts — Last Post 04/22/14, 09:17PM

Innovative Strategies

705 topics, 6044 posts — Last Post 04/22/14, 04:06PM

Tax Liens, Notes, Paper, & Cash Flows Discussion

867 topics, 6692 posts — Last Post 04/22/14, 08:22PM

Rent to Own a.k.a. Lease Purchase, Lease Options

697 topics, 4916 posts — Last Post 04/23/14, 03:52AM

1031 Exchanges

143 topics, 1062 posts — Last Post 04/22/14, 03:21PM

Foreclosure Investing

General Foreclosure & Pre-Foreclosure Forums

1691 topics, 11313 posts — Last Post 04/22/14, 09:26PM

HUD, VA, and Tax Sales

416 topics, 3102 posts — Last Post 04/22/14, 01:39PM


1217 topics, 10594 posts — Last Post 04/22/14, 09:38PM

Short Sales

1538 topics, 13139 posts — Last Post 04/22/14, 01:38PM

Landlord & Tenant Forums

Landlord & Rental Property Questions

7233 topics, 71008 posts — Last Post 04/23/14, 04:30AM

Mobile Homes & Mobile Home Park Investing

639 topics, 5143 posts — Last Post 04/23/14, 02:19AM

Investor Basics

Starting Out

7724 topics, 60623 posts — Last Post 04/23/14, 01:06AM

Investor Psychology

431 topics, 6107 posts — Last Post 04/20/14, 06:04AM

General Real Estate Investing

4725 topics, 37300 posts — Last Post 04/22/14, 10:31PM

Real Estate Investor Marketing

1737 topics, 14139 posts — Last Post 04/23/14, 02:44AM

Commercial Real Estate

Commercial Real Estate Investing Forum

1412 topics, 9003 posts — Last Post 04/22/14, 09:04PM

Multi-Family and Apartment Investing

1121 topics, 9348 posts — Last Post 04/22/14, 11:46PM

The Business of Real Estate

Real Estate Technology and the Internet

Real Estate Technology, Social Media & Blogging

644 topics, 4909 posts — Last Post 04/22/14, 12:20PM

Business Basics

Goals, Business Plans & Entities

831 topics, 7564 posts — Last Post 04/22/14, 08:50PM

Real Estate Finance & Legal

Financial, Tax, and Legal

Tax, Legal Issues, Contracts, Self-Directed IRA

2800 topics, 20116 posts — Last Post 04/22/14, 09:59PM

Property Insurance

310 topics, 2055 posts — Last Post 04/22/14, 07:38AM

Personal Finance Discussion

330 topics, 2754 posts — Last Post 04/22/14, 12:06PM

Loans, Mortgages, Credit Lines

Private & Conventional Lending Discussion

2851 topics, 19834 posts — Last Post 04/22/14, 10:54PM

Creative Real Estate Financing

1216 topics, 8836 posts — Last Post 04/23/14, 02:06AM

Crowdfunding Real Estate

35 topics, 463 posts — Last Post 04/19/14, 06:24PM

Real Estate Professionals

Real Estate Professionals

Real Estate Agents

1215 topics, 8018 posts — Last Post 04/22/14, 09:50PM

Bankers, Lenders, and Mortgage Brokers

442 topics, 1929 posts — Last Post 04/22/14, 11:03AM


269 topics, 1690 posts — Last Post 04/22/14, 07:33AM

Local Real Estate

Local Real Estate

Local Real Estate Networking & Recommendations

2007 topics, 11695 posts — Last Post 04/22/14, 10:52PM

Americans & International Real Estate

161 topics, 566 posts — Last Post 04/14/14, 11:19AM

Foreigners Buying in the USA

62 topics, 409 posts — Last Post 04/10/14, 06:27AM

Canadian Real Estate

65 topics, 439 posts — Last Post 04/22/14, 09:27AM


Real Estate Marketplace

Real Estate Marketplace

15070 topics, 54083 posts — Last Post 04/23/14, 04:17AM

Real Estate Events and Happenings

167 topics, 2587 posts — Last Post 04/23/14, 01:09AM


Off Topic


2908 topics, 32435 posts — Last Post 04/23/14, 04:24AM

Housing News & Real Estate Market

918 topics, 8371 posts — Last Post 04/22/14, 09:18PM

BiggerPockets Real Estate Investing Summit

97 topics, 1751 posts — Last Post 04/10/14, 02:27PM

BiggerPockets Resources

Forums » Buying & Selling Real Estate » Foundation repair LIFETIME WARRANTY

Foundation repair LIFETIME WARRANTY

8 posts by 6 users


· lubbock, Texas

Hey guys,
we are considering a purchase of a house in Texas, where there are "areas of active soil", meaning lots of houses have foundation issues due to bad soils.
The seller repaired the foundation and there's a LIFETIME transferrable warranty.

Does it mean next time there are issues with foundation, the repair company will take care of it without us having have to pay?

· West Palm Beach, Florida

I would think it's like a roof repair warranty. They guarantee that one small specific area they repaired, assuming the guarantee is worth anything.

Real Estate Investor · Audubon, Pennsylvania

This will be about repairs and warranties in general. There might be some deductible. Also, you have to get a definition of the word "lifetime" - my lifetime, some newborn's lifetime, the predicted lifetime of a typical repair. Sometimes the transfer requires a payment to be made. Sometimes there is a payment schedule to be made during the lifetime, which failure to pay ends the warranty. Sometimes an ongoing (e.g. annually or biannually) re-inspection will be required (and you have to pay them for that).

Best to get a copy of the warranty and read it.

Steve Babiak, Redeeming Properties, LLC
Telephone: 6109082183

SFR Investor · Texas

In Texas, foundation lifetime warranties typically imply lifetime of the structure and if the seller is advertising it, most likely it will transfer to a new owner. Of course you should verify, but that is typical. These warranties came into existence a long time ago because 90% of these repairs require future adjustments. How do you know if you need an adjustment? You doors start sticking and your sheetrock starts cracking. The warranties will not typically cover damage that occurs to other items than the foundation, such as but not limited to sheetrock and plumbing, that occur due to future movements. The warranty covers the cost to re-level the foundation and then you fix everything else. Soil movements are extremely common in Texas, but even so, I am not very turned on by these properties. You can find houses that don't have issues.

· lubbock, Texas

@Bryan: WOW! You CAN find houses with no foundation issues? I was told by other TX investors that the houses are divided into 2 categories: the once with foundation issues and the ones that will HAVE a foundation issue in the future.

So, I thought if we buy a house with a REPAIRED foundaiton, we will eliminate the fear of having have to deal with the issue later

Residential Landlord · Dallas, Texas

I would be highly skeptical of a "lifetime warranty" from a foundation company. I know Brian Hoyt has had a good experience with a reputable company that actually honored its warranty. My perception (based more on anecdotal conversations) is that 9 times out of 10, the company will find some way to avoid having to honor the warranty (e.g. improper drainage caused movement). If you are buying the proposed property from another investor, then I would be even more skeptical that the warrant (or repair work) is worth anything. My observation is that most investors use cheap, crummy companies that are basically fly-by-night. I generally prefer to perform foundation repair myself to ensure it's done by my guy.

Real Estate Investor · Dallas, Texas

WHAT!?! That's what I thought as I read your last sentence @John Chapman, "I generally prefer to perform foundation repair myself" until I read, "to ensure it's done by my guy."

Small_dreamstime_l_17553651_-_copy_crCarlos Flores, Stronger Communities Alliance, LLC
E-Mail: [email protected]

· lubbock, Texas

Brian Hoyt I am so uncomfortable considering a house with a foundation issue... Even if it got repaired...Since, like you mentioned, 90% of the houses will need an adjustment in the future!

Sign up