Property Investors find Geobear Foundation Repair to be a Secret Weapon
Our Client
Our customers were professionals at property investment and renovations. They buy distressed homes, update them by performing repairs and remodels, and sell the properties at a profit. This time, the home they were considering had substantial foundation issues. While they negotiated the sales price of the home to compensate for foundation issues, they knew they would need to repair the foundation issues quickly and cost-effectively to stay on track and maintain their profitability.
The Problem
They reached out to several foundation repair companies in the area to assess the damage and get quotes for repairs. The process was stressful and a bit disheartening. After seeing the price on the first two quotes, the couple nearly gave up on the project. They considered multiple options including piers and evaluated the additional costs associated with downtime, redoing the landscaping, and other expenses associated with using piers.
Then, the couple reached out to Geobear. After speaking with our team, understanding more about geopolymer injection, and seeing the quote for nearly 40% less than the competition, they knew geopolymer injection with Geobear was the way to go.
The Geobear Solution
Geobear’s team commissioned a soil engineering report that showed the homeowners specifically where the problems were in the soil. The previous owners had never installed proper drainage for the home. This led to an issue with compromised soil and settlement, specifically underneath the foundations of the property
The first step to getting their project back on track was stabilizing the soils and foundation. Geobear’s expert team was able to complete the work in three days compared to weeks with competitive solutions.
Results
Once the project was completed, the homeowners were able to get back on track with their remodeling efforts. They started with installation of proper draining around the home and proceeded with new paint, flooring, and the remainder of the home remodel.
The clients are extremely satisfied with the results and are no longer worried about purchasing homes with foundation issues. They are now actively looking for homes with foundation issues knowing that sellers often have difficulty selling homes with foundation issues and buyers often shy away from these homes due to lack of knowledge around solving foundation problems.
For the investors, the best news was that, when they sell the homes, the new buyer receives the 10-year warranty through Geobear. This eases the minds of buyers, and helps them calmly and safely move forward with the purchase of their new home.
