House buying interview?? We were looking at a house that the asking price is 40,000....
We were looking at a house that the asking price is 40,000. When I called the definite estate company they said that the main problem with the house is that at hand is a foundation leak at the backside of the home it is either underneath the bathroom or kitchen. About how much would it cost to get this fixed if we were to buy this house. I involve quotes ranging from horrible to good conditions. Other clever there are just minor things that we have need of to do with this home.
It would be expensive to fix. Either run away or hire a home inspector to access the condition of not one and only that problem but the whole house.
Ditto, Run away as vigorous as you can.
Since you or the agent are not sure where the leak is I am assuming that this is a house on a concrete slab as anti a crawl space or basement.
The words "under the bathroom or kitchen" are a clue -- broken sea pipe or pipes in the slab. The cure is to jack-hammer out a portion of the slab, repair the broken pipe or pipes and repour that portion of the slab. Now you have a house on a slab of questionable structural integretity.
Run FAST !
Answers: Foundation problems are always costly and foundation problems which own resulted in causing a soak are terribly costly. Basically there are two solutions to repairing the outflow. Either you take a jack hammer and break through the slab to the broken pipes and fix them or you tunnel lower than the slab and fix the pipes. Of course you first have to determine where the dribble is or tear up/ tunnel under a heck of like mad of slab. Now you have the leak repaired and you enjoy to hire a different company to fix the slab, level it and fix it so it won't do the same item again. Not always easy or even possible. The house is cheap for a explanation. The slab shifted because the people who built it either didn't know what they be doing or knew they'd be gone by the time it started shifting. Don't walk away, RUN.