Shifting Soil: Deal breaker?

Question

Hi all! We are considering an out of state investment property and the agent disclosed that there was a foundation structural inspection that shows cracks in the brick veneer and foundation wall. The inspector recommended 14 helical piers to prevent additional settling. The agent says that soil shifting is normal for the area, but should we be concerned? The property was in contract, but the previous buyer walked away. The issue hasn't been fixed and we would obviously consider that in the offer price, but what would you all recommend? Worth pursuing or run away? What factors should we consider? Thanks for your input. - Margaret

JD Martin · Answer

Personally, I don't buy properties with active foundation problems. I'm not talking about a 1930 house that shifted a little or settled 50 years ago, I'm talking about active stair-step block/brick cracking, separating concrete walls, inward/outward wall bulging, etc. Foundation problems can be really expensive to correct.

If you have a picture post it up here, you will get better advice if we can see it.

Ned Carey · Answer

@Margaret Jay While shifting soil may be common that doesn't make it acceptable.

Do what the inspector or an engineer recommends and figure it into our offer price. Be sure to add extra for the hassle/risk factor. If they don't accept then walk away. There are plenty of other properties to look at.