Fancied Freedom

true liberty is living life as we should, not as we please

Pursue home with faulty foundation? August 28, 2007

Filed under: Advice, General, Home buying, Home repairs, Life — kimita @ 2:10 am

Blogging has taken a back seat in the last week or so since we started house hunting.  It has become a dreaded task, at least for me.  Learning the lingo, knowing the numbers and determining the designs we truly want is not easy.  Sometimes it can be fun – looking at all different kinds of houses.  Until the 95-degree weather causes sweat to drip down your back every time you get in and out of the car and walk through homes with with no AC.  Yes, loads of fun.

So, I’m going to use the blogosphere as a forum to seek advice.  A pretty decent, yet older home, is available at a good price.  We will go check it out in person tomorrow.  It’s about 25 years old and has been almost completely remodeled within the last year or so.  It looks nice from the pictures but looks can be deceiving, as I have found.  One glitch – the former owners had the foundation repaired seven years ago.  Hmmm….

In speaking with my realtor, I was reassured that it’s better that the problem was detected and repaired (and now the warranty can be transferred to us, if we move forward with the home) rather than us finding the problem after we close on the deal.  But is it still worth it to purse a home (a first-time home) that had foundation repair within 20 years of being built?  I know near to nothing about foundations so maybe I’m being a bit too apprehensive about this.  Perhaps it is normal in certain parts of of the country for foundations to be repaired and obviously homes are still livable.  My concern is that I don’t want to have to pay exorbitant amounts of money if the foundation needs continued repair in the future.

Any tips or advice?  Anyone ever have their foundation repaired and all has gone well?  Is it normal for a home within its first 20 years to need foundation repairs? Looking for some thoughts…