Get matched with top foundation repair specialists in Reddell, LA

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.

Barring extreme home foundation problems, most horizontal foundation cracks are fixable using one or more methods. Most of the repair methods require professional expertise to accomplish, and include plate anchors, steel reinforcement, soil anchors, reconstruction, or carbon fiber strip applications. Contacting a professional to diagnose the problem early can minimize repair expenses.

You could DIY the work, but unless you have plumber’s knowledge for identifying and fixing a slab leak and specialized equipment in your tool shed, attempting to DIY your slab leak repair isn’t a good idea. It’s simply not something that the average homeowner can take on themselves, regardless of how many successful DIY projects they’ve got under their belt. You could, however, do something simple like foundation waterproofing yourself to save some money on the post-repair work.

In order to raise your home to make foundation repairs, you'll need to bring in a structural engineer to help you design the project. You'll also need to see if you're eligible for the permits needed, and contact a foundation repair company near you.