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Updated over 1 year ago on . Most recent reply

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Stu Bennett
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Selling my first flip but it’s got foundation issues

Stu Bennett
Posted

I have a home built in 1947 on a dirt crawl space with very little clearance. Original part of house was a cottage with two additions built on each side but clearly has settled and original floors are not level. I was under contract but home inspection killed the deal with foundation concerns on the additions. Cracks in joints at blocks and moisture in crawl. This home has been this way for nearly 80 years and is completely renovated inside with all new mechanicals with 1.5 acres and a large detached garage.

What are options for trying to sell this place without running into home inspection issues every time. (This inspector could not identify the main water and gas shut offs which are clear so I wasn’t impressed) 

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Stu Bennett:

Fix the foundation. It's often much cheaper than you would expect and should increase the value of the home and make it more sellable.

  • Nathan Gesner
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