Learning that your house has problems with its foundation is the pits. And, well, the property may eventually sink into a pit without proper repairs. Do you shell out thousands of dollars to have a team professionally repair the damage? Should you do it yourself? What about ignoring the issues and simply hoping things don’t get worse?
Hiring a professional is the best way to go if you are committed to staying in your home and repairing the foundation. A structural engineer should be your first, second and third phone call—their inspections will help you better gauge the scope of work and potential cost that you’ll be facing. Repair costs start around $2,000 and can reach up to $50,000, depending on the severity of the damage. That kind of investment may be startling to some, especially if you aren’t sure whether your home is your “forever home.”
When it comes to problems with your foundation, attempting a DIY approach can actually cause additional damage that will need to be fixed by a professional. One of the most common mistakes DIY-ers make is filling cracks in the foundation with cement. The cement fills the void, but the new cement does not bond with the original cement—it’s a bandaid over the wound and will eventually crack again, thrusting you right back into the early phases of this frustrating project.
Turn A Blind Eye
Ignoring the foundation damages is certainly one way to save yourself time and money, upfront. If you ever decide to sell your home with a realtor, though, you will have to knock thousands of dollars off your asking price. Staying in your home without repairing the damage can result in countless problems including:
- Infestation of insects
- Mold and mildew
- Gas leak
- Sticking doors
- Sagging floors
- Cracked walls
- Broken water pipes
Sell Your House For Cash!
At Summit All Cash Buyers, we help people who need to sell their house fast. We buy houses in any condition… that’s right, AS-IS! You won’t need to spend a dime on any repairs and we guarantee a same-day cash offer. We don’t take commission. There are no closing costs, and you can close on the property within seven days. We understand how overwhelming expensive repairs can be and bills start to add up. If you would like to learn more about our team and process, fill out a form online or give us a call today.