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11/03/2020

What happens if I don't fix my home's foundation now?

If you have gone through the Foundation Repair inspection process, you have been committed to this issue for quite a while.  It started out with you experiencing some of the common symptoms, then educating yourself on what those symptoms meant, and then building up the courage to call a foundation repair company to schedule an inspection on your home.  We know that this process is not quick and takes a lot of time and energy.  

But, now we have arrived to the part where the foundation repair specialist has been able to provide you with clear data and a plan to repair your home, BUT.....  You just aren't ready to commit.  And, that is 100% acceptable and you are not alone.  Many homeowners get to this point within the process of getting their home's foundation repaired.

Now, let's look at some of the benefits of getting the project completed sooner, rather than later.  

1. Peace of Mind - This one is a big one in homeowner's eyes.  Having the peace of mind that this issue has been repaired and you have a warranty on the work that was performed is immensely gratifying and a huge weight taken off of your shoulders.  Knowing that you no longer have to worry about this particular issue for years to come will allow you to refocus on other things in your life.  Foundation issues are unfortunately, not going to go away, no matter how much you hope and pray that it will.  We are sorry for being the bearer of the bad news, but there has yet to be a wishing well that grants that wish!

2. Additional Costs - If you think of your home as you do your car, you know that small maintenance problems that come up like replacing your tires, changing your oil, or getting new brake pads need to be done to avoid larger problems in the future.  The same can be said about your home's foundation problem.  Every time you patch a crack and paint the area, it costs money.  If you let the foundation problem go for an extended period of time, it can actually start to impact a larger area as the home continues to move.  The larger that the area is that is moving will increase the amount of repair costs needed to remedy the foundation movement.  Foundation repair is expensive enough the way it is, don't have the costs increase by not meeting this issue head on.

3. Property Value Impact - Yes, a foundation issue can impact the property value of your home.  This may not be a huge thing to you if you are not planning on selling your home or refinancing your home anytime soon.  But it will when that day comes.  We have seen too many people loose THOUSANDS of dollars by not addressing their foundation issues when they sell their home, because banks will not typically lend out money to people to purchase these home's with this issue.  When a home is dinged for having a foundation issue or in the real estate world "cracked slab" label, it impacts the selling price of the home by as much as 30% on average.  This is huge, especially with home prices where they are at right now.  That is a lot of money that is being left on the table for you and your family.  It is always better to get the foundation problem fixed while you own the home, rather than negotiating with someone that knows you are limited on your available purchasers.

At the end of the day, the choice is yours to decide what is best for you and your family.  We just know, from seeing others in this position, that the benefits of getting the repairs completed sooner, rather than later is always a better route to go.

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