Get matched with top foundation repair specialists in Libby, MT

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.

Most building departments will require that a certified and licensed foundation repair professional or a structural engineer pull permits for foundation repair, so homeowners usually cannot pull them themselves. This helps ensure that an experienced professional completes all structural work on your home. Minor repairs that are technically DIYable often won’t require permits, but it’s still a good idea to hire a professional to carry out foundation repairs.

Yes, you can replace a cinder block foundation. If a block foundation is too severely damaged to repair cracks and other issues, replacing the entire foundation is a viable option. The job will require a professional and can take between one to seven days on average to complete, depending on how complex the problem is.

Signs of structural damage include foundation cracks, roof leaks, bouncy floors, crumbling concrete, and cracked or leaning chimneys. Structural damage can make itself apparent in various ways, and sometimes, there may not be obvious signs. Inspect your foundation and roof annually to stay ahead of potentially serious structural problems.