Marketing Your Property
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago on . Most recent reply
Trying to sell a house with foundation issues
Hello! We have a house, that is NOT our primary residence, that we are trying to sell. But the house has foundation issues and we want to to use the funds from the sale of the property to start investing well we currently live. We considered financing from the property like a HELOC but it is not our primary residence. Any suggestions or feedback would be greatly appreciated!
Most Popular Reply
Bruce Woodruff
#1 Contractors Contributor
Pro Member
#1 Contractors Contributor
- Contractor/Investor/Consultant
- West Valley Phoenix
- 14,245
- Votes |
- 12,077
- Posts
Bruce Woodruff
#1 Contractors Contributor
Pro Member
#1 Contractors Contributor
- Contractor/Investor/Consultant
- West Valley Phoenix
Foundations really scare away most buyers, You will have to discount heavily. I would get it repaired BY A LICENSED CONTRACTOR and have them include an Engineer's report as part of the deal. Then you have something to show buyers and you can ask full value for the house....