If the home requires repairs before you move in, know that it is often possible to live in a house while the foundation is being worked on.
While many banks will provide loans for homes with repairs, you may need to check with lenders about their specific requirements for engineered repairs.
Ultimately, a home with properly installed piers and a positive engineer's report can be a safe and smart investment, often boasting a more stable foundation than a similar home that has never been repaired. To give you more specific advice, could you tell me: is the house located? (Soil type matters)
It is vital to have a licensed structural engineer evaluate the foundation rather than relying only on a general home inspector. If the engineer discovers ongoing issues, you can use this information to renegotiate the purchase price, says Foundation Repair Services .
Do you have access to the or repair warranty ? Has the work been completed and certified ? This will help me narrow down the risks. Should I Buy a House with Foundation Problems?
