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Updated over 2 years ago on . Most recent reply

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Misty Quaintance
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What to Watch for When Listing Says Settling

Misty Quaintance
Posted

I'm looking at a property but notice they stopped halfway through the rehab. In the description it says the house has some settling. I'm wondering if anyone has advice on what to look for that could indicate foundation issues or bigger issues I'd want to steer clear of?

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Greg Scott
#4 Wholesaling Contributor
  • Rental Property Investor
  • SE Michigan
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Greg Scott
#4 Wholesaling Contributor
  • Rental Property Investor
  • SE Michigan
Replied

A lot of that depends on your geography and the construction type.   For example, Texas soil expands and contracts so it is very common to have foundation issues.  Fortunately there is a large foundation-repair industry to help.  In Michigan, we have basements.  Settling can have much different implications with a basement than a house built on a slab.

First, I would talk with the home inspector.  Get their opinion.  If it looks like it is more than a cosmetic issue, ask for a recommendation for a specialist that can provide a cost estimate for completing the work.

  • Greg Scott
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