I am in the process of purchasing a new house, after having it inspected we were made aware of a large crack in the foundation, it starts at about 5' high at the corner of a window and then goes down and opens up about 3/4" wide 6"s down for about a foot then closes to a thin crack all the way to the floor, not in slab... Is this a major structural problem, to purchase or not????????????????
It is likely caused by pressure from the backfill (earth) outside the wall. It will require excavation in the troubled area and replacement of that area of the foundation wall. The block should be filled with concrete when it is replaced and allowed to setup for at least 2-3 weeks before replacing the backfill. This is a substantial amount of work and will not be cheap to have done. Likely over $1000 and less than $5000 depending on where you live.
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