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Real Estate
Reply to "Leaky basement-would you buy?"
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[quote=Anonymous][quote=Anonymous]New PP here, what if the problem cannot be truly fixed? We had a sneaky seller who kind of, but did not really, disclose a problem. The walls seeped, but they were covered with old paneling. We put in french drains which pretty much stopped the appearance in the basement, but the water still gets inside the perimeter - just it is moved away. The problem is the slope of our house from the road that cannot be regraded and the high water table. [/quote] We have this issue, too. We don't plan to stay in the house long term and know we can sell it anyway given our location, so we are not putting in french drains but we will disclose that there is some minor water in the basement. The return on investment for french drains just isn't there b/c it really won't affect the sale price. The rest of the house is solid for the neighborhood and the price. [/quote]
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