A Apply

B Be proactive

C Complete the application

D Determine Your Type of Claim

E Evaluate/Estimate Your Out of Pocket Expenses

F Find a Foundation Replacement Contractor

G Gather documents

H Home Inspector

I Insurance Claim (denial or acceptance)

J Jump on Collaborating Insurers Website/CROG Gap Funding to establish eligibility

K Know the [...]

Many milestones were met or exceeded this year in the efforts to aid homeowners with crumbling basements in Eastern and Central Connecticut.   Amassing funds from state bond allotment, the Healthy Homes surcharge, interest, and donations, the [...]

If you are a seller, be prepared to vacate the home for the duration of the inspection.  A typical inspection will take 2-3 hours for an averaged sized (2,000 square feet +/-) home.  The buyer(s) will meet the home inspector of their choice at the home.  The home inspector must be licensed, registered with the state and [...]

As a local real estate company in Mansfield we are experiencing increasing contact with homeowners new to the pending claimant status at Connecticut Foundation Solutions Idemnity Company (CFSIC).   Confusion abounds about the meaning of this status and the implications for sellers and buyers. 

Although CFSIC has been very clear about what a pending claimant is and is not, it seems people are either not reading or failing to grasp the concise and plentiful information that flows [...]

We are looking for a good realtor to sell our home. Would prefer your best agent. Home is very well maintained, we've been prepping for sale for a while. Our foundation is perfect (with engineers report) but we do have a low percentage of pyrrhotite in the core samples. The Realtor we have been planning to use told me today we'd have to

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Sellers are facing life changing decisions as they navigate the crumbling basement epidemic plaguing their homes and their neighbors.  Many homeowners with homes just 10-15 years old are testing positive for pyrrhotite via a core test or a visual inspection and are undecided about what to do next.  Some owners can stay and hope for more [...]

The annual report and audit report for Connecticut Foundations Solutions Idemnity Company (CFSIC) was published recently on the CFSIC website and it is chock full of information and some great infographics that convey the information in a concise and easy to read  format.  Here are some takeaways:

40 Number of Northeast CT towns affected

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  Sellers ask us what they can expect to get for their home if they sell it with a crumbling basement. One that is obvious to the naked eye or one that has been confirmed to have the presence of pyrrhotite but is showing no signs of deterioration.   What if, as the seller, you want to avoid the application process, the out of pocket expense, the stress, and the waiting that comes with a CFSIC claim? 

Tolland needs to replace the crumbling foundation at the Birch Grove Elementary School sooner rather than later and hope to start construction in 2020.   The section built in 1999 is showing much more deterioration than the section built in 2003 so they hope to complete the repair in two phases, using temporary or portable classrooms during [...]

The Connecticut Foundation Solutions Indemnity Company (CFSIC) has announced a new launch date of January 10, 2019 for claim applications for Type 1 and Type 2 repairs.  After a robust comment period there were changes made to the original underwriting and claims management [...]