Thanks for all the responses everyone.
The wife and I looked at a place over the weekend that we really liked, and had actually started the process of putting the offer together when we found out that the home had a wood foundation.
At that point we decided to hold off and do some additional research. Subsequently we have decided to not go forward with the offer, just too many variables and risks. And the only fix to a rotten foundation would be jacking the house up and spending thousands.
Its a shame, as the home is in an amazing location in a neighborhood we really like.
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Pylon on the Edmonton Oilers:
"I am actually more excited for the Oilers game tomorrow than the Flames game. I am praying for multiple jersey tosses. The Oilers are my new favourite team for all the wrong reasons. I hate them so much I love them."
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