Buying a house is a dream come true for many people across the world. The problem is, some people are not good at inspecting houses, and they end up buying a house that has a bad foundation. There are also some people who knowingly buy buildings with bad foundation maybe because they got a good deal. It is, however, not advisable to buy a house with foundation issues due to the following reasons.
1. You are putting your life at risk
A house with a weak foundation can collapse at any time. No foundation issue is not serious enough to collapse a house because you never know when an earthquake might hit. Other than the whole house collapsing, the numerous cracks on walls as a result of walls pulling away can also be very risky, and one part of the house can become too weak and collapse anytime.
Since the house you intend to buy already shows signs of a weak foundation, dangerous insects can hide in your house. When a foundation is weak, some spaces are created, and cracks are a good example. Such spaces can form even under the house inhibiting dangerous animals. Destructive animals like rats can find refuge in your house as there are plenty of hiding and breeding places for them.
2. The high cost of repair
After buying a house that has foundation issues, you’re most likely to look for foundation Repair Hamilton. The problem, however, is the damage might be beyond repair and can end up re-occurring now and then. Meanwhile, you will be spending so much money while the problem gets worse by the day. You never know how many times the seller had repaired the foundation to the point of selling it. A bad foundation goes deeper into interfering with the stability of a house and getting everything back to track is worth so much money. You will also have to buy the materials needed to enforce the stability of a house.
3. Apart from repairing the foundation, what else needs repair?
A bad foundation comes with a lot of damages to the house. The walls pull away from each other, cracks form all over the walls and floors of the building, doors and windows suddenly don’t close properly amongst other various things that. You’re also most likely to have problems with plumbing since the walls of the house are always under tension interfering with anything that runs inside the walls as well.
4. You’ll need an alternative source of money
To be viable for a loan to buy a house, the institutions providing these loans will evaluate the house to ensure that it is in excellent condition. When it comes to buying a house with a weak foundation, you’re most likely to miss the loans since the house is considered not to be up to the recommended standards. It is, therefore, recommended to buy a hose that has a strong foundation.