QUOTE (reiScout @ Dec 19 2007, 07:51 AM) The worse case scenario is having to raise the house and replace that foundation wall, which implies a whole lot of other work and expense well beyond just fixing the wall is question. As mentioned this is a worst case scenario but that is something you want to get a solid understanding of before solidifying the deal (if you go ahead). I`ve got some young married friends who bought their first house, passed on the house inspection on advice of a realtor that was representing both sides of the transaction, and found out later the foundation wasn`t settling right and the house was breaking itself apart. The estimated cost raise the house, put down pilings to bedrock, etc. to get the issue fixed is $40K.
Be careful and make sure you`re protected, whatever you do.