It's no secret that this year's real estate market has been exceptionally strong. A recovering economy and first time millennial homeowners are increasing rapidly. Low mortgage rates, as well as increased work from home opportunities have fueled a surge in home buying demands. Buying your first home or next home is such an exciting time. Home buyers sometimes get so caught up in the thrilling home buying process they forget one of the most important things to do. Getting a Foundation Inspection.
One of the largest costs in fixing a home is repairing your foundation. Your home's foundation is the most important part of your home. Its primary purpose is to hold your house up. A sturdy foundation also allows your home to be undisturbed by natural forces, moisture and pests. You should never ignore foundation issues. A small issue now, may become a bigger and more costly problem down the road. A foundation inspection costs between $500-$1000, but can save you tons of money in the long run.
When getting a foundation inspection a qualified professional will take a deeper look at your home's foundation. They will examine the interior and exterior of the home. During an interior evaluation your inspector will look at a variety of things including: ● Foundation cracks and bowing walls
● Examine basement support beams
● Look for water damage, water staining efflorescence and evidence of mold on basement walls
An exterior examination will consists of:
● Landscaping, downspouts, and crumbing concrete or if concrete is pitched towards the house
● Cracks on the exterior of the home
● Buckling walls
After your inspection you will receive a report with the status of the foundation. You will also receive recommendations on which repairs are needed and how much it will cost to get fixed. One you have gotten your report there are a variety of things you can do. If the home needs repairs you can either push for a lower asking price, or ask the seller to repair the foundation issues before the sale of the home.
Many lenders often require a home's foundation to be intact before financing a home purchase. Also many insurance providers require repairs before insuring your home. It is important to speak with your real estate agent and/or lawyer on which steps to take after receiving your foundation inspection report.
Whether you are a home buyer, considering selling your home or a real estate agent helping your client find a reputable Foundation Repair Company contact us today for all your foundation repair needs.
CONTACT JAY ICE FOUNDATION REPAIR TODAY!
414 763 9656