I am new to this forum and wish I found it earlier.
I have an offer on a multifamily house, which I am planning to convert into condos. Had an inspection done yesterday and discovered that the long basement/foundation wall of the house is bowed at about 5-8 degrees. The house is over 100 years old and the inspector said that in that time the foundation wall bowed out by about 2 inches.
Question: how serious is this in you experience and also what costs am I looking at to fix it?
Anyone’s opinion is greatly appreciated. THanks in advance.