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HST Home Selling Team

sell a home with a crumbling basement

Back to Basics: The ABC's of Filing A Claim for Your Crumbling Basement

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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 [...]

CFSIC Cements Its Leadership Role in Crumbling Basement Advocacy with Impressive 2021

Home with a Crumbling Basement

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 [...]

Can An Otherwise Pristine Home Overcome The Pyrrhotite Lurking In The Concrete? Apparently, Yes.

Pile of Broken Concrete

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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Double Threat:  Homeowners in the Grips of Crumbling Basement Epidemic Now Facing Pandemic Fallout

Pile of Broken Concrete

We are now in the midst of a global pandemic.  There is so much that we don’t know about the virus such as why a young and otherwise healthy person becomes ill and an elderly person manages to survive.  It is the randomness and insidiousness that is so frightening and makes us question what the future holds in store.  Basic assumptions you [...]

Crumbling Basements by the Numbers

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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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How Much Can I Sell My Home For With a Crumbling Basement?

  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? 

Crumbling Concrete Catch Up: Tolland School Foundation Failing And A Plethora of Proposed Bills

Crumbling Basement

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 [...]

Crumbling Credit Scores: Proposed Bills Seek to Alleviate Credit Hit to Underwater Homeowners

Crumbling Basement Wall

Testimony was accepted in the public hearing held February 7th on bills proposed to aid victims of crumbling foundations.  Two of the bills involve the protection of homeowners with crumbling basements who are at risk of having their credit negatively impacted via a deficiency judgment under many scenarios.  There was no surprise in who [...]

Home Selling Team Honors Agents at Annual Recognition Event

HST Agent Recognition Event

This year’s Agent Recognition even was held Friday, February 8th at Pine & Iron Axe Throwing in Hartford and catered by Bears BBQ.  Our annual outing celebrates everyone’s accomplishments and participation in the previous year of outstanding sales production and customer service.  We close the office for the afternoon so everyone has an [...]

Concrete Heat: CFSIC Launch Date, Recent Court Cases, Amended Real Estate Disclosures, Traveler's Insurance Steps Up

Foundation Issues

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 [...]

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