Can You Sell a House with Foundation Problems?

Every lived-in home has its issues. Homeowners will often address repairs or aesthetic concerns before placing the property on the market. Significant structural concerns aren’t always straightforward, though. 

How do you approach selling a house with foundation issues? Below, IPS Cash explains what to expect.

How Do House Foundation Problems Manifest?

Can you tell that your house actually has a bad foundation? Look for the following:

• The outer walls have noticeable cracks, especially near the base.
• There are fractures on interior floors and walls, too.
• The flooring seems to slope at an angle.
• The cabinetry and countertops don’t sit flush with the wall, but they did before.

Even though it’s possible, selling a home with foundation issues creates significant challenges. It doesn’t matter how pervasive the damage is. 

Potential Roadblocks To Selling a House With Foundation Issues

To repair or not to repair? That is the question that homesellers must ask. 

If you choose to fix the foundation, you’ll potentially face:

• Foundation slab repair costs: You could pay anywhere from hundreds to several thousands of dollars, depending on the damage’s extent. 
• Foundation damage disclosure: Regardless of your decision to fix the foundation, you must still disclose all remaining damage and current repairs to buyers. 
• Property problems related to the foundation: Bad building foundations often cause more structural problems. The harder you look, the more flaws you’ll likely find. 
• Market price effects: You might already have to list your property at a lower price. You may also face traditional homebuyers who haggle over the listing price. 

Is it worth trying to avoid these trials when selling a house with foundation issues? 

Would Foundation Repairs Be Worth It?

You’ll want to weigh the benefits of home foundation repair vs. selling as-is. If you catch minor damage early, you may not have to empty your bank account to cover the repair costs. Small foundation issues may even cost under $500 to fix, which could be worth it.

However, more pervasive damage means a higher initial repair cost. Plus, you’ll have a laundry list of related repairs to cover beyond cosmetic preparation. Sellers should consult with home inspectors and structural engineers to determine whether the service costs outweigh the marketable benefits. 

What Homeselling Alternatives Are Out There?

Perhaps you want to sell your home as soon as possible while funneling as few financial resources as you can. Traditional buyer concerns with foundation problems won’t make that easy. Selling property as-is with structural issues isn’t likely to attract quality buyers seeking a traditional, long-term home. 

Via listings, you’ll also cover real estate agent fees and more before even getting your property on the market. It would be faster and simpler with cash home buyers in Nashua, New Hampshire, like Joe Theriault of IPS Cash. A cash buyer has no problem purchasing your house outright as it comes.

IPS Cash Buys New Hampshire Houses — Flaws and All

If you’re thinking about selling a house with foundation issues, ask for a cash offer first. Call me and my team at IPS Cash about selling to a professional cash buyer in New Hampshire at 888-893-7188.