All righty, good morning. And this is Mike and Shana Acquisto on a new Christmas Eve talking about foundation repairs and how you would maneuver through those as it relates to plumbing. So we’re on this longer journey speaking about different plumbing related items and this is the first topic here for us. And so now we’re deep dive into this one specific section regarding foundation repairs and what goes on.
There is some things you should know and take note of if you experience this with a client. I would say the first thing let’s talk about the warranties. Yes. So if you purchase a home that has had foundation work in the past, you want to make sure that you have some sort of warranty, you know, that’s going to come with the house and be conveyed. So if you have an issue with, you know, movement or something down the road that you have that warranty. So some there’s all different types of warranty.
Some are limited. Some are only for a couple of years. So understand what the warranty is. But I think the most important thing is the warranty doesn’t just automatically transfer with the sale of the home. There it is. There are some requirements.
So what has to happen is you have to you know, I would say let the foundation company know that you’re going to
be purchasing this home and find out exactly what they need to make sure that that warranty transfers one, make sure that the warranty that the seller gave you is actually in existence and transferable. And if it is, it’s something you typically have to do within 30 days of of, you know, purchasing the home.
Within 30 days, you need to contact them and transfer the warranty to yourself. Now, sometimes there’s a fee for that. There’s like a seventy five dollar fee. One hundred fifty. They’re not huge, but typically there’s a fee. So when you are negotiating a contract, maybe those are things that you want to negotiate in the beginning, right?
Or you know, I always looking at the cup, it’s green, but it’s really cool when you’re different. Yeah.
So, you know, just understand, if a home has had foundation work, check into the warranty and find out a little bit more about it and preferably before you enter into a contract. And then we have to talk about the plumbing test, right.
So you know, when you have had a home that has had foundation work, you want to ask the question, has this home had you.
I see the foundation repairs, but did they do a plumbing test after it to just ensure that none of the plumbing shifted and maybe, you know, it caused a leak of some sort. So if you want to find out about the plumbing test, if it has had foundation work and even if they provide a plumbing test, I would recommend that you get your plumber to do a camera test just to check it out. You know, even if yeah, it was ten years ago, we had it done. You know, things still move. So maybe you just go ahead and have that done anyhow.
And that’s different than the hydro static testing. This is just a camera scope that the plumber looks to see if he sees anything alarming. If he does, then maybe you want to go through and do the hydro static testing, which that is more of an invasive test that you have to get permission from the seller to do and you have to identify if damage occurs, who’s going to pay for it himself.
Very true. And then maybe a little bit about structural engineering versus like what a foundation company does. Yes. So a lot of foundation companies will have a structural engineer that actually goes out and does their measuring and things like that, but not always. So a lot of times it’s just a technician.
And they’re pretty knowledgeable, but they’re not a licensed structural engineer. Very true. So if you suspect foundation movement, instead of just calling a foundation company, I always recommend to contact a structural engineer first. They are a kind of a you know, an unbiased to the to the property gives an unbiased opinion of, you know what?
What they think is going on are so they’re saying like because you would believe that, you know, if you bring a rough ride to your house, you always kind of like have a roofing problem. Right. And it needs to be replaced somehow in the same thing if you call out a foundation repair company. There is always going to be like, well, you kind of charite so.
I guess that makes sense, you know. So you want to you want to employ independent structural engineer their license. They have to have a degree. You know, there’s a lot that they have to go through to be a licensed engineer. And then they have to be under someone for years, kind of like an appraiser.
So, you know, do that first and then, you know, start researching the foundation companies. And like I said, a lot of foundation companies will have a structural engineer that they employ.
But, you know, I’m not saying they’re all, you know, in cahoots together, but it’s just for your protection. I think that’s the safest.
I don’t know who Kahootz is, like, that’s a weird thing to be in with, like, I don’t know if anyone knows the actual origin of that word has it in right now. Well, it means like you’re working together, like behind the scenes to like have this sneaky plan. We get what it means, but we’re in the heck.
Does that really mean our kids came from. It’s really weird. Kind of a cool word. I don’t even know how. Well, I definitely I have a spelling problem. I definitely wouldn’t know how to spell that word. Just give it a shot. No, no, no. I’m not hearing that. All right.
And that costs costs. You know, I hear this all the time, like, oh, it’s got to be like thirty thousand dollars.
No, unless unless it’s like you’re getting robbed by a foundation company, it’s not that expensive.
So what I’ve seen and Stacey pulled a couple of yesterday and I pulled a couple and what I, I, you know, we looked back on previous files to see kind of what the costs were at.
And I’ve seen anywhere from two fifty to five fifty per pair. So depending on how many peers that you have to put in, you know, I typically see anywhere from, you know, two or three to ten.
So that’s probably pretty standard. So with that, it should include the plumbing test, a structural engineer report, you know, and all of that. So just make sure that, you know, kind of that approximate cost. And that way you’ll be able to tell when someone comes out, there’s different methods in which they shored up.
Correct. So they can be used. They can use a variety of them, which could account for the price differential and obviously depending on the company for their profit margin. Yeah, but yeah, essentially there’s several different types of make sure you understand which ones you like best. We must have been in this a long time. So because if you ask me the number, I remember the cost per picture being dramatically lower.
One seventy five is what I, that’s the number that I remember. Exactly. And I would have said the same exact number, but I believe that was a individual that was always putting in like probably at least ten peers on an average home because they were buying like, you know, old older homes. And it was like ten piers. And that was kind of the pricing. And I don’t think they had the engineering reports with that company in particular now.
And I think doing your research is super important because it’s not about the price here. I don’t know that you want the cheapest guy coming out to repair your foundation. You want to go just as you would any other vendor. You want to do some research on them and make sure they’re reputable and credible and all of that. They’ve been around for a while. So just do your research. But, you know, if they happen to be the cheapest, that’s great. But I wouldn’t base my decision on just that.
And remember, I did talk just yesterday about that, about the costs that are really associated with the foundation repair. And one of the largest ones is your drop in value. So the name and the warranty and whatever goes along there is actually super important. So that would help alleviate a price drop.
Yes. And on the seller side, you want to have all of that documentation and convey it out there before, you know, a buyer even puts an offer in because you want them to feel comfortable with what you’re doing. And if you’ve kind of piecemeal that and, you know, you call the foundation company and they’re out of business, A is not going to feel good about that. And they’re either going to walk away or they’re going to offer you something way less to take on that risk.
Yeah. So when you have an issue, it is best to fully address it up front to get all your documentation and allow the other person to feel confident in it and present it fully and properly.
And I don’t think that it’s I guess this goes into our next one.
There are some myths out there, I think, as far as foundation goes, one that it’s like, oh, my gosh, it’s so expensive and means this house is falling apart. No, it doesn’t. I mean, it happens. Our soil here is expansive in Texas and it’s
common to have some movement. So I think the way they engineer them now is is good. It gives them the some ability to move a little bit. But there are some myths. I’ve heard that. Over watering is a cause of it and I don’t know.
This is something I think we need to understand also because I’ve heard that you should have a soaker hose and then now I hear you shouldn’t have a soccer hose and that that really doesn’t affect it unless you have a space and it’s been there for a couple of years. Yeah. It could start having having some issues. I think Godus is the biggest problem. But that’s for a future topic discussion.
Maybe we’ll hit that up on Monday for you. So be aware for that because I like to talk Butters and foundation issues. I do have a final update for us and then we’ll be able to move on. Kahootz. Yeah. Thank you to Stacy in Roanoke for chatting in that Kahootz may derive from a French. Yeah, meaning Korbin or HYP suggesting a notion that two or more people are hidden away, working together in secret. So that’s to be in cahoots every day.
Are you going out in a cab? No, we’re not like that. They’re not like secrets. I shared too much. It’s kind of one of those things. Are you good with closing this topic out and letting people know that? Stay tuned, because there’s more to come.