Posted on November 27, 2018February 14, 2019. “You could see inside the house from outside,” recalls Cape Coral, Florida, real estate agent Mike Lombardo of a home he sold with a worst-case-scenario foundation fiasco. Get free, objective, performance-based recommendations for top real estate agents in your area. Little did they know, the toilet line broke while they were gone. Argh. 1. I have already taken off 3 layers of flooring and 2 sub floors. I haven't got any more info about the vendor and why they are selling (despite trying to extract info from the agent!) 5. Before you make a decision, work with a real estate agent to find out what they think your house could command in a traditional sale. The walls are, everything is straight but the floor has a slight pitch. “We ended up having to get a structural engineer involved and that repair ran almost $50,000,” says Lombardo. For many buyers and sellers, a home with potential or verified foundation and/or structural damage is a common occurrence. Lombardo agrees, noting that eventually the issue could be something a seller may get sued over if they didn’t disclose the problem upfront. When selling a home, one of the features that many buyers will focus their attention on will be the flooring. Extensive damage can eat into a profit quickly. Self-leveling Compound. © HomeLight, Inc. 100 1st Street, Suite 2600, San Francisco, CA 94105. Bowed walls, though, can run around $5,000 to $7,000 to fix because a system needs to be installed to hold the walls up. Whether you're going on to install hardwood, ceramic tile, or laminate, one of the most important steps of any flooring project is making sure the subfloor foundation is level. The buyer will need the full documentation for the mortgage process. New drywall and painting have been done, and, except for the sloping floors, the house shows pretty well. I was just wondering if any professionals knew if it could be sold. Young has run into every situation under the sun when selling homes with foundation problems. Focus on the positives: Even if your house needs some improvements, things like the location, lot size, and floor plan can be big selling points. Generally, you won’t be able to officially diagnose foundation or structural issues on your own, but you can check for visible signs that warrant further investigation. A parquet in good shape with a medium brown tone stain is one way to get this floor back to its glory days and to erase the feel that the floor is getting old. Would you buy a rental property where the house is settling (the floor is not 100% flat)? Remember that more than likely, foundation problems will affect the sale price. House With Sloping Or Sagging Second Floor but First Floor Level Home » Interior » Floors » House With Sloping Or Sagging Second Floor but First Floor Level Sloping and sagging floors can be a warning sign of structural issues, fortunately, most slopping floors are not significantly serious, so little is done about them. If you are selling a home with foundation damage and are unsure how the disclosure works, consult with your real estate agent or property lawyer. Adding hardwood floors to a house won't make or break the value, though. “You’re not going to call a professional every time.”. If it’s just a problematic downspout, it could be as low as $100. A slant/slope situation might be one where, over the course of 15 or 20 horizontal feet, the floor slopes down one or two inches. 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