HOME MAINTENANCE: When There is A Hole Under Your Foundation

WHEN AN ANIMAL DIGS UNDER THE FOUNDATION

A hole dug under the foundation of your home can cause major damage.

A hole dug under the foundation of your home can cause major damage.

Last Thursday I got what may go down in history as the most unusual home repair request I have ever received.  A client of mine asked for my help with damage to the dirt beneath their addition foundation which was caused by their “free” rabbit.
It turns out the bunny dug a hole about 8″ in diameter and 42″ long beneath the footer and under the main portion of the house with an even larger area at the end!
I will be solving the structural problem by pumping concrete into the hole, and the homeowner has put their very expensive “free” rabbit back into her enclosure so she can do no further damage.
While this is a very easy structural repair to make, I have solved far more difficult ones for other clients.  From a sinking house corner, to termite eaten posts and beams, to roof joists hanging on by a wing and a prayer, I have repaired them all.

 

If you, or someone you know, suspect(s) that you or they have a house with a structural issue, please call me at 561-795-2551 and I will be happy to look at it and give you my professional opinion on how to solve the problem.

For all of your home remodeling and inspection needs, contact your local certified “roomologist”, Leading Edge Homes. Inc. at 561-795-2551.


Todd Perry, a State of Florida Certified Building Contractor and president of Leading Edge Homes, Inc., provided this information.

If you have questions about a home improvement project, call Leading Edge Homes at 561-795-2551 or email Todd at: todd@leadingedgehomes.com and he’ll be happy to share his knowledge with you.

BUYING A HOME – WHO REPAIRS THE HOME?

BUYING A HOME – WHO REPAIRS “PROBLEMS?”

Buyers and sellers disagree on who is responsible for repairs

Buyers and sellers often disagree on who is responsible for repairs.

Usually, buyers and sellers negotiate a compromise that allows their transaction to move forward.

BUYER 1 – WANTED REPAIR MONEY

This doesn’t always work out. Buyer 1 knew the cost of the repairs and tried to get the seller to lower his price. The buyer did not want the seller to do the repairs because he did not have control over the quality of the work.

The seller decided to stand firm with his price and wasn’t willing to compromise. Consequently, the buyer walked away.

SELLER’S RESPONSIBILITY TO FUTURE BUYERS

Sellers should be aware that a buyer’s inspection report can be problematic for them because if the deal doesn’t close, they could be obligated to tell subsequent buyers about any defects mentioned in the report.

BUYER 2 – AGREED TO LET THE SELLER MAKE REPAIRS

Buyer 2, after allowing the seller to make some repairs, is going through with the purchase – even though some of the repairs were not made correctly.  They are considering the remaining repair’s costs as part of purchasing the new home.

BUYER 3 – CONTRACT WAS “AS-IS” AND KNOWS HE HAS TO MAKE REPAIRS

Buyer 3 went into his purchase with his eyes wide open and did the proper inspections. The buyer was allowed to make inspections, but his contract stated  that any inspections were for “informational purposes only”, i.e., to inform the buyer of the property’s condition. Of course, this type of contract only benefits the seller.

The buyer discovered there were roofing issues. The contract, however, was “as-is,” and there was no room for negotiation.

Unbeknownst to the buyer, however, his financing was contingent upon the roof passing the home inspection. The finance company even wanted the buyer to make repairs before purchasing the home.

SHOULD THE BUYER MAKE THE REPAIRS BEFORE CLOSING?

Unfortunately, Buyer 3’s experience is not uncommon today. Banks are getting stricter. Some options, if the finance company/bank will allow it, is to escrow the money for the cost of repairs.

If the finance company insists on the repairs, you can amend your contract with the seller and include the cost of the repair in the purchase price. Then if they are willing, request that the seller make the repairs. The downside to this, however, is that if you fail to close on the property, you may lose your funds.

At the discretion of the seller, you may be allowed to make the repairs yourself. However, the seller must cooperate with this scenario – but many sellers and listing agents may not let you do this. In addition, if a permit is required for the repair, you won’t be able to do this because, in Florida, a Notice Of Commencement must be signed by the owner prior to getting a permit.  The Notice of Commencement contains detailed information about the project such as property owner, financial institution, jobsite address, contractor, etc., and protects the property owner’s title to the property. Also, an open Notice of Commencement could cloud title on the property making it impossible for you to get title insurance.

BUYERS BEWARE – READ YOUR CONTRACT CONTINGENCIES

Buyers and sellers should always read the inspection and repair contingencies of your real estate contract and make sure you understand them. The contingencies will determine who is responsible for what, what negotiating power you have, the scope of inspections and repair clauses.

The contract may say – no repairs, only repairs to certain items, who will do the repairs, and may even have a maximum amount for the cost of repairs.

Some contracts benefit buyers; others benefit sellers

To illustrate the point, there are contracts that allows the buyer to obtain a general home inspection and then give the seller a copy of the inspection report, indicating which repairs are to be made or stipulating a dollar amount credit in lieu of repairs.

Some contracts state that the seller can then make the repairs, agree to the credit or propose another arrangement, which the buyer can accept, negotiate or reject. This is best for the buyer.

Other contracts state that buyers can insist only that true defects or building code violations be corrected.

 

Please note: This article is for information purposes only. It is not meant to provide any legal advice on obtaining repairs for your home purchase. I recommend that if you have any questions about the clauses in your contract, that you discuss them with a real estate attorney.

If you want a professional remodeling experience or a home inspection with a home remodeling expert’s view, contact your local design-build contractor, Leading Edge Homes. Inc. Want to see some of our work? Visit our website or view our online book.

Knowing your options now, will help you be prepared in the future. If you are buying a home, knowing what needs to be corrected and the costs to do so, can help you decide if the home is right for you.

For all of your home remodeling and inspection needs, contact your local certified “roomologist”, Leading Edge Homes. Inc. at 561-795-2551.

Want to see some of our work? Visit our website or view our online book.


Todd Perry, a State of Florida Certified Building Contractor and president of Leading Edge Homes, Inc., provided this information.

If you have questions about a home improvement project, call Leading Edge Homes at 561-795-2551 or email Todd at: todd@leadingedgehomes.com and he’ll be happy to share his knowledge with you.