Selling House And Might Have Foundation Issues

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Enzo99

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crack on front (east) wall.jpg front wall looking north.jpg front wall looking south.jpg Hello everyone, my wife and I are trying to sell our house about an hour north west of Philadelphia. The buyers had their inspection done yesterday and we were told they have concerns from that report about the foundation. They are still reviewing the report and waiting on a water report before making the formal rebuttal for inspections. I am just trying to determine if there is major concern for the foundation (both for them and ourselves if we end up not selling). The place I believe their inspector is referencing is one the front wall which is east facing. The cracking was there when we moved in back in 2012 and from all the low quality picture I have from then, it does not look like it got worse. Any ideas or recommendatinos are appreciated as we are still waiting to hear if the buyer are going to have a foundation expert
 
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They can walk away and not compose a counter offer.

They can compose a counter offer and site the inspection report as justification, which then gives you access to the report, as well as the ability to also counter offer.
 
As to the severity of it I would not be too worried. I have worse in our 100 year old stone basement I haven’t done anything with.


It is right at the window and just below grade so even if they / you wanted to repair it the job wouldn’t be huge.


If it has been unchanged over that many years and doesn’t leak water I as a home owner would have caulked over it and painted it most likely.


I’m from the days before all these home inspections and even now the last house I bought I didn’t use one. They are IMO a good thing, and I don’t blame the inspector of seeing this and listing it, as that is the job. Quite often though these lists become a huge point of bargaining the price. Thus sellers add in a fudge factor to the asking price so everyone thinks they are getting a good deal. If I were selling and no one knows how motivated you are to sell, but I wouldn’t concede a huge amount off the price for this issue. It is not like you were trying to hide a defect. Used homes are what they are and prices are what the market will bear.


Welcome to the forum.
 
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