House Repair Question

[Sazari]

Seriously.

[OGPhilly]

I don't know much about how expensive that kind of problem is, but obviously the answer to whether you fix or walk away depends on how good the price is on the house.

[Stratego]

How is the house in excellent condition if it's rotten to the core?

[cool_chick]

You have 3 choices.

1. Ask the seller to fix it (that should be part of the contract, the option to do that).
2. Ask for an amended purchase price (also possible re: contract). How low do they need to go to make it worth it to fix?
3. The other option you already presented...walk away.

I have another question...what rotted this support beam? It's only 20 years old.....is there something causing it to rot (where is it getting this excessive moisture..and is it going to rot again)?

[cool_chick]

Is the crawl poured cement?

[Stratego]

[PoS]

Walk. With all these foreclosures going on Im sure you can find something better.

[WizardfromOz]

I agree with most of the others, walk, unless you can afford a structural engineer who can tell you what is going on, or what will happen when you do the repair

[Stratego]

[Spider]

So weird that they got the rest of the house apparently right by opted for cheap lumber in a support beam. There are two such beams under my place, and they are steel. Of course, my place was built back in the 30's.

Makes one wonder what other corners they cut. Is this place part of a subdivision?

I'd be concerned about drywall cracking, if I were you, as well as creaks and grounds coming from straitening the structure. Drywall is a giant pain in the ass, and expensive to have redone if your not doing the work yourself.

On the other hand, you could be able to negotiate a seriously good deal if your willing to put up with all of this.