i saw a condo needing renovation for sale at a good price, but there are lots of cracks in the walls.?

Posted on April 29th, 2010 by admin in new condos for sale | 3 Comments »

i’m concerned about the building structure. in the stairway there are also some cracks. aparently it was repainted and replastered 5 years ago, but there are some new cracks. quite long (floor to ceiling) i know any building can move a bit, but…
also on one wall it is quite humid, with clear water damage seeming to come from the floor above.

when i ask about it the seller seems not to know.
it is a small studio and i am looking for a small studio as an investment.

walk towards another one.

my peers are correct; cracks are from both aging and weakness in structure.

have a good day

3 Responses

  1. brother_lu Says:

    sounds like foundation problems.. not worth it!
    References :

  2. Just there Says:

    Then you pay a structural engineer to look at the building.
    References :

  3. kemperk Says:

    walk towards another one.

    my peers are correct; cracks are from both aging and weakness in structure.

    have a good day
    References :
    RE broker

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