San Antonio - Are foundation issues that common?

[Dannielle Hoffman]

Hi Everybody!

I am moving to SA in a few months and as I do more and more research I have noticed that many of the wholesale deals and some of the properties listed on the MLS mention foundation issues.

Is this very common?  Perhaps in a percentage of total properties?  

Are specific areas more common to have these issues than others?  

I am sure the bowing walls and cracked corners are some of the signs but what would be some other less common visual cues to a foundation issue?  

How much does it cost to repair a middle of the road foundation issue in SA?  

What is "static testing" and how does it work?  How do you fix issues the test exposes since it seems most of the houses are on slab or pier foundations?

Thanks for the input in advance :)

[Jay Hinrichs]

for all these reasons Texas is the last place I would buy out of state rental property :)  I have funded maybe 20 deals there for flippers maybe a few more.. and each and everyone had foundation issues.. so they can be fixed but the poor owner who had to sell for discount they get hosed.