Cracks. Settling. Shifting. Foundation issues stop traditional sales dead - lenders will not finance them and most buyers walk the moment they see an inspection report. Progressive REI buys Las Vegas homes with foundation problems for cash, as-is, no repairs required.
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When a buyer's lender orders a home inspection and foundation issues are discovered, the loan is typically denied until the foundation is repaired and re-inspected. This means any traditional buyer with financing walks out of escrow the moment the inspection report comes back.
Foundation repair in Las Vegas can cost anywhere from $5,000 for minor crack injection to $50,000 or more for significant structural work involving piers, underpinning, or full foundation replacement. Most sellers do not want to spend that kind of money on a home they are trying to leave.
Mickey buys without a lender. There is no home inspection contingency tied to lender financing. He evaluates the foundation issue himself, estimates the repair cost, and makes an offer that reflects the actual condition. You sell the house as-is and Mickey manages the foundation repair after closing.
Nevada requires disclosure of known material defects including foundation issues. Mickey buys with full knowledge and disclosure of the foundation condition.
Get my cash offerIf you already have a foundation inspection report, share it with Mickey. It helps him make a more accurate offer faster.
Hairline cracks, step cracks in block, or larger structural cracks in the foundation. Some are cosmetic, some are structural. Mickey evaluates the actual severity and makes an offer based on real repair costs.
One corner or side of the home has settled lower than the rest, causing uneven floors, sticking doors, and visible slope. Common in Las Vegas due to soil conditions. Mickey has seen this many times and prices it accordingly.
Active foundation movement causing ongoing changes to the structure. Las Vegas soil expansion and contraction from heat cycles can cause ongoing shifting. Mickey evaluates current versus expected future movement.
A prior foundation repair that did not hold or that a new lender will not accept. The repair history complicates a traditional sale even when the current condition is stable. Mickey buys with full knowledge of the repair history.
Las Vegas post-tension slab problems, slab cracks, or slab movement. These are common and often expensive to repair properly. Mickey evaluates slab conditions and factors repair costs into the offer.
You have a foundation inspection report documenting the problem. The report has scared off buyers and lenders. Share it with Mickey - it actually helps him make a faster, more accurate offer.
Leave your number and address. Describe the foundation problem and share any inspection reports you have. Mickey aims to call back the same day. The more information he has upfront, the more accurate the offer.
Mickey walks the property and assesses the foundation issue in person. He estimates the actual repair cost and presents a cash offer typically within 24 hours based on what he finds. He walks you through the math. No obligation to accept.
Closing happens in 7 to 21 days. The foundation problem becomes Mickey's to fix. Proceeds are distributed and you walk away from the property without managing a structural repair project.
Mickey buys the property with the foundation issue in place. You do not need to repair, stabilize, or remediate anything before closing. The foundation problem is factored into the offer and becomes Mickey's to manage after closing.
Mickey walks you through how he estimated the foundation repair cost and how it affected the offer. He is not inventing a number - he has managed foundation repairs on Las Vegas properties and understands what the work actually costs.
Our commitment is that the number in the purchase agreement is what we work to deliver at closing. At 1660 Capistrano Ave we did not walk the property the way we should have. When our crew opened the walls they found structural issues that ran the rehab nearly $80,000 over estimate. We closed on the date we promised and the seller received every dollar we agreed to. We took the loss. That is what privately funded means.
Conventional lenders will not fund a loan on a home with documented foundation problems. Mickey buys without a lender - no appraisal, no lender inspection, no financing contingency. The sale is not dependent on what a bank will or will not lend on a structurally compromised property.
Ready to sell the house and let the foundation be someone else's problem?
Get my cash offerOr call Mickey directly at 725-400-9900. Not a talker? Text instead for the fastest response.
If the repair cost is manageable and the home has significant equity, repairing and listing traditionally may net more money. Our sister company handles full-service listings across Nevada and California once the property is cleared.
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