Foundation Problems and Real Estate Transactions Explained

Posted January 28, 2021, under Blog

Foundation problems not only impact the current homeowner, they can also affect the future sale and value of the property.

If you’re considering selling your home or buying a new property with existing foundation issues, it’s a good idea to know what the cost of repair will be to get the foundation fixed and up to code.

If you’re in the market to buy something, it’s crucial to hire a structural engineer or a foundation specialist to conduct an inspection of the home and analyze the foundation’s condition.

And if you’re in the market to sell your home with existing foundation issues, it’s important to keep in mind how those issues will impact the sale and value of your home.

For example, some realtors won’t show a property to potential buyers if it’s not move-in ready – this includes any foundation issues that are in need of repair. It’s also the relator’s duty to notify potential buyers of any structural issues to the home they may be aware of.

Oftentimes, when buyers find problems with the foundation, they will use this to negotiate a lower price or ask the seller to make these repairs before the deal is finalized.

If you’re looking to sell your property, it’s in your best interest to have the foundation inspected for any issues and make the needed repairs before the property hits the market. This will place you in a better position to get the greatest value for your home and reach as many potential buyers as possible.

If you’re on the hunt for a new home, always hire a structural engineer or foundation specialist to inspect the property before finalizing the sale. This will protect you from having to fix these issues later on and suffer the cost of those repairs.

At Julian Construction, we’ll conduct a free home inspection for you complete with a quote for repair.

We have extensive experience serving our Los Angeles community and nearby regions. In fact, Julian Construction has inspected over 30,000 structures in the area!

Julian Construction was formed in 1994 and our focus has always been on building foundations, doing foundation repair and replacement, earthquake retrofitting, and house leveling.

When you work with Julian Construction, you get the principles of the company and the workers of Julian Construction under your home.

And in order to keep foundation repair affordable for our customers, we offer a price guarantee — because we know our quote for repair will represent your very best value.

Give us a call at call (323) 733-3377 to schedule your free inspection or complete the inspection request form.

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