Not all it's cracked up to be.
March 10, 2008 3:52 PM
Subscribe
What is the best way to repair a home's foundation?
(posting for a friend, so ask if I've left out any relevant details)
Friend signed a contract on a home in Michigan pending inspection. The inspection revealed that the "north, south, and west basement walls are bowing inward and the walls are cracking at the corners. The structural integrity of these walls have been compromised."
Initial estimates from the inspector put this at a $20k problem. Friend informs sellers that they aren't going to purchase home unless the problem is fixed or money taken off the purchase price in the amount to fix the problem.
Seller counters with an offer to fix the foundation with 'grip tite' wall anchors, which anchor the wall to something and homeowners crank every once in a while to ensure basement walls stay plumb. (I am not a structural engineer, but this sounds a lot like wearing head gear from my orthodontic days.)
Friends are concerned that this wall anchoring system is not a long-term solution and maybe even building quackery. They like the home (and location), but are willing to either counter the counteroffer to require seller to fix the foundation correctly or walk away and find another home.
There doesn't seem to be much information online about wall anchoring as a valid structural repair option for homes vs. other structural repair systems.
Mefites, please advise. Should friend:
1) Walk away?
2) Counteroffer with another structural repair option? (Which option, and why is it better?)
3) Be content with the wall anchor system?
Friends are interested in staying in this home potentially 'forever,' so long term solutions are important here.
Thanks!
posted by batcrazy to home & garden (13 comments total)
1 user marked this as a favorite
posted by flabdablet at 3:59 PM on March 10, 2008