Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

1
Posts
0
Votes
Raffi Nazarian
  • Granada Hills, CA
0
Votes |
1
Posts

Purchased property from Auction, basement has bowed foundation.

Raffi Nazarian
  • Granada Hills, CA
Posted

Hello All,

I purchased a property from sheriffs Auction, basement has bowed foundation, however it seems that the previous owners have fixed the issue.  I see about 8 or 10 piers installed.  The questions is would there be any problems for me in obtaining a traditional loan that the foundation is fixed.  If I were to sell the property would there be any issues with the buyers being able to obtain a loan with the fixed basement.

Thank you, Raffi

Loading replies...