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Updated over 18 years ago on . Most recent reply

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47
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Mike Smith
  • Real Estate Investor
  • St. Louis, MO
0
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47
Posts

Foundation Cracks and Psychology

Mike Smith
  • Real Estate Investor
  • St. Louis, MO
Posted

I'm in the offer process on my first property. The inspeaction reveaved some horizontal foundation cracks near the top of the foundation as well as some mold. I'm not so much worried about the mold as the cracks. I'm getting alot of info that horizontal cracking on the foundation is VERY bad adn costly to fix if need be. There is no evidence of water leakage and the seller is not aware of any.

Anyway, I'm starting to think maybe I should pass on the property, but then I wonder if I'm using the cracks as an excuse. Anyone got any thoughts on horizontal cracks in the foundation. If it helps, the cracks are 1/4" at the widest and are on 2 walls. They are several feet in lenght. An interior door does not open smoothly (scrapes the floor).

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