Foundation issues on a flip in Fort Wayne Indiana
Hi Drew,
How are ya? Hope all is well with you!
I was hoping for some local Fort Wayne insight.
I just got an inspection done on a property where the inspector believes there are major foundation issues (cracks, bowing interior, ineffective DIY metal posts in basement).
When I spoke to the contractor who also looked at the property to provide a bid to fix and flip the house, he basically said foundation issues are not that big of a deal in Fort Wayne because all houses in Fort Wayne basically have some type of foundation issue because of how old the houses are.
My question to you is- do you have much experience with foundation issues creating issues when it comes to buying and/or selling the house?
I dont want to spend a bunch of money fixing up the house (and not the full issues behind the foundation), only to list it, get a buyer, and then have it fall through when the buyer gets their inspection.
Would appreciate your thoughts.
Thank you!