credit repair after foreclosure

credit repair after foreclosure
What are the costs for repair / replacement of a house foundation (slab) in the Bay Area (Saratoga, CA)?

I have an offer on a bank owned foreclosure at $ 861K, it was listed on the MLS for $ 860K (on Zillow their worth 1.5 million euros). However, I noticed the house (in 1950, with a concrete slab foundation, wood and stucco exterior, ranch-style home ft 1600 sq meters built on a 13,000 m² lot) has many problems, but I'm mainly with the establishment of the House concerned. When I this house I will not have much money left to buy. And I want to know how much it would cost me to repair or replace. I noticed the floors Slope and curvature in certain areas. All proposals, who is really knowledgeable and honest, I should stop to check and / or updates to the Foundation? Because I have no idea how bad the Foundation. The house seems to be in the living condition, but I'll take any unnecessary risks. Plus, because I have a foreclosure no idea what else is wrong with the property. Do you think if there were something wrong with the house of my bank loans or negotiate a lower price? Thank you.

I have represented buyers, that questions were related to foundations and in every situation, a structural engineer had rented for special scrutiny. A regular home inspector is often not appropriate to make such an assessment. Foundation problems are very different. But a panel that runs and bulges brings some big red flags, what lies beneath the plate. A record is nothing more than a piece of concrete and concrete does not "give" a lot. You can send us a repair cost of a few hundred dollars or something like $ 20,000. Regardless of the results of engineers to keep the report for the sake of future purchasers of property!

Credit Repair After Bankruptcy & Foreclosure


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