Buying A House With Foundation Issues -

If you still want the house, use the engineer's report to negotiate:

: Some insurance companies may refuse coverage or charge significantly higher premiums for homes with known structural damage. buying a house with foundation issues

: Doors or windows that stick, sagging or uneven floors, and diagonal cracks in drywall, especially above door frames. If you still want the house, use the

: Even if "fixed," a history of foundation repair must be disclosed to future buyers and can act as a stigma that lowers property value or lengthens the time to sell. : If the lender allows, some of the

: If the lender allows, some of the seller's proceeds can be held in escrow until repairs are completed post-closing.

: Request credits at closing to ensure you have the funds specifically set aside for the work.

: If the foundation was previously repaired, ask for documentation and check if the warranty is transferable to a new owner. Negotiation Strategies