FSBO w/ Foundation Repair
Just looked at a FSBO is a very sought after neighborhood in North Dallas. Built 1980 3/2 at about 1900 sqft. Owners have gutted the place and want to fix it up themselves and resell. Contractor quoted 10k but to get the price they want its probably more 15-20k. Another issue is the foundation has been repaired twice. First time was before the current owner moved in and no paperwork. The second repair was done during current ownership and their is paperwork.
My question is, does foundation repair diminish value and if so how much? I know if I am going to pay top price for a home I don't want foundation repair.
Planning on fix and flipping this house and I am going to have to convince the owner they might struggle to get the asking price they want.