North Carolina Foundation Contractor Package

A builders warranty (also called a structural warranty) from 2-10 HBW covers a home's foundation against damage for up to 10 years.Without a structural warranty, you'd be financially responsible for fixing structural problems caused by foundation damage.

Average foundation repair cost for homeowners is typically just over $4000, or between $1800 and $6500. Minor patching of small cracks is often as low as $500, whereas major structural repairs or underpinning might cost over $10,000.

Home service contracts typically do not cover major structural defects such as foundations cracking or collapsing.Additional protection over and above basic home service warranty coverage is also available for most warranty- company-defined home systems.

In California, the statute of repose is four years for most defects, but 10 years for latent defects (those that aren't observable right away, such as a faulty foundation). In Georgia, the statute of repose is eight years for all claims related to design or construction of the building.

There are so many factors to consider when figuring cost, it's hard to give a number without knowing the issue, but the average cost to repair your foundation lies between $1,300 and $1,500 per pier and $600 per 10' crack, with most homeowners paying an average price of $5,000 to repair their foundations.

The piers that foundation repair companies use are comparable to pencils holding up your desk. These foundation piers do work to level your house but my point is whatever is causing your foundation to move, don't you think that same force will eventually move those piers? The answer is yes.

Sinking Foundation Repair Cost Small amounts of foundation sinking can usually be fixed with mudjacking, also called slabjacking. This minor repair will cost around $1,000, and it could be a permanent solution.

Free Estimate from Ram Jack Systems With a value of over $250, Ram Jack Systems will come take a look at your home for FREE! If you've noticed cracks in your walls, ceilings, or floors and aren't sure what to do, take the guesswork out of it.

Some states may require you to give the builder a chance to make repairs before suing.And even without an implied warranty, you may be able to sue a builder on another legal ground, such as fraud, breach of contract, or negligence.