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It depends on the bank and the extent of the issue. Some banks will lend against homes with minor foundation damage, but most won’t if the issue is structural since the home acts as collateral for the mortgage. Banks that offer renovation loans might still finance a home with structural problems. More minor issues like settling cracks and intermittent problems with humidity are unlikely to stop a bank from financing.

Yes, slab foundations can sink just like any other foundation type. Floating slabs are the most prone to differential settlement and foundation sinking because they sit directly on the surface of the earth. Slab foundations that have footings—including slab-on-grade foundations and monolithic slab foundations—get additional support from soil further down and are less likely to sink over time, especially under larger, heavier structures.

Most single-story homes don't have foundations strong enough to support a second story, but they can be reinforced for an addition. A structural engineer can assess your foundation and what needs to be done to get it ready. They'll look at any cracks or unevenness in your current foundation and consider any special framing or beams your home needs, especially if it’s in a high-wind or hurricane area.

“To support a second story, many structural engineers will require that you install additional concrete piers in the crawlspace,” says Tschudi. “This involves hand excavating, pouring a large concrete footing—usually with specially coated rebar—and then building concrete piers right up to the girders.”

If improperly installed, an egress window can compromise your foundation’s structural integrity, so it’s important to work with a pro to ensure your foundation remains in good shape. Any money you may save on a DIY egress window installation may cost you in the long run if your foundation is damaged in the process.