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Q: We are looking to buy a house that has potential
streetcreep. The homeowner brought the price down $35,000. Is there any reason we should stay clear of the house? Our inspector told us there may be water problems. Please let me know what your
thoughts on this are. Thank You.
A: This is a perfect example of a homeowner losing $35,000 of
equity and value due to the damages caused by streetcreep. Homeowners, due to the current
economy and market, you must take the extra steps necessary to
protect your homes from any problems which may result in
reduction of equity in your homes. Also, water problems may be a
result from streetcreep. As we all know a cracked
foundation (basement wall) can result in a wet basement.
Q:
Is there anything that I can do about this problem? Is there any
type of attorney that would handle a case like this? My warranty
company is refusing to pay for the repair.
A: Yes there is something that can be done about the streetcreep
problem at your home. The first step is educating yourself about
the causes and effects of streetcreep by visiting this site.
The second step is to set up an onsite inspection of your home.
The third step is to set up an installation agreement with STREET
Creep®, Incorporated. There have been several attempted lawsuits by
homeowners, however, STREET
Creep®, Incorporated
is unaware of any settlements
in favor of the homeowner. Home warranty companies are all
similar in nature and have 4 or 5 broad exclusions written that
indemnify themselves from any coverage of the destructive forces of
street creep.
Q:
Our home is 3 years old & the builder is having the company that
built the streets cut our driveway up. The first time, they were
guessing. Our garage foundation & basement are cracking & one
whole section above a crack is beginning to move inward in the
basement. Any suggestions? Thanks!
A: Yes, there are preventative measures that can be done to eliminate
the current risk of further damage to your foundation. However,
after your foundation is damaged you will need to repair or replace
your foundation. Only replacing your foundation will eliminate
the cracks. STREET
Creep®, Incorporated
can prevent any further damage to
your foundation as a result of your driveway being heaved into your
foundation by the street. The purpose of STREET
Creep®, Incorporated
is to
identify to the public the need for preventative maintenance measures
prior to the destructive forces of streetcreep and to
provide an economical solution to the public before any damages occur.
We truly empathize with the homeowner for the damages that have
already occurred to your home.
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