Get matched with top foundation repair specialists in Perryton, TX

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.

A slab-on-grade or slab foundation is a great option in many areas—usually in warm or moderate climates—and has been a successful foundation style for many decades. Slab foundations don’t require excavation or concrete block wall construction, so they’re the least expensive foundation type. They’re also the fastest to construct and don’t have many issues with moisture or water intrusion. However, they don’t give you extra storage space or potential living space like a crawl space or basement would, and they’re not ideal in colder areas where utility lines can freeze and frost heave can cause major damage.

The best foundation repair method will depend on the issue you’re having, but usually, foundation instability is best fixed using supportive piers, like steel piers or helical piers. A professional foundation repair contractor or structural engineer should always decide what the best course of action is, and even then, it’s imperative that you also take measures to treat the underlying issue as well, like soil erosion or oversaturation from runoff.

Minor hairline cracks in your concrete may not look pretty, but they’re often not serious. It’s when concrete cracks are larger—wide enough that you can slide a credit card into it—that you need to worry. If you monitor a crack and can trace its active expansion over time, you’ll definitely want to call in a pro to inspect it and, potentially, repair it. Want to prevent cracks in your garage and driveway concrete in the future? Stay on top of sealing. Here’s how to seal your concrete garage floor and driveway.