Home foundation issues are more common than you’d think: 80% of structural home insurance claims are the result of foundation movement, while 25% of homes in the U.S. will suffer from some kind of structural defect during their lifetime. That’s according to a review of 10,000 structural claims presented by Will Keaveny, a veteran risk management specialist, to the National Association of Homebuilders. “I’ve actually seen porches pulling away from houses,” corroborates Danny Freeman, a top-selling real estate agent in Memphis. “I’ve seen inch-wide cracks in sheetrock internally, and when you’re to that point, you’ve got to have major home foundation repair work done.” Unfortunately, the charm of the Leaning Tower of Pisa won’t translate to your home sale. A sinking or damaged foundation is more likely to receive crickets than foot traffic. So if you’ve chosen to invest in foundation repairs rather than drop your asking price, then we’re here to guide you through your options. Step one: Talk to an expert! Selling your house soon? Connect with a top agent near you to get an expert opinion on how much your house will sell for, what to fix before listing, and the latest local housing ma...
How to Tackle Home Foundation Repairs When You’re Trying to Sell the House
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