please help with structural problems (long)
I need some advice please; We recently bought a villa in Ingleburn, Sydney, it is our first property so we were pretty clueless in the process of buying property and what to look for. Our conveyancer said we did not need a building inspection because all we need is the strata report, on the report it said out villa had underpinning to stop cracks 3 years ago, we called 2 builders and they said the cracking will not continue to happen and we will not need to have underpinning done again.
Now we have been here for 2 months and there are cracks on every corner,door/window from top to bottom. It is brick veneer, we have tried to patch up gyprock but cracks keep coming through. I just noticed there are a few loose bricks under window and cracks in mortar.
I have found out Ingleburn has reactive clay soil, and there are 2 other villas in the complex which have underpinning works.
Have we just made the worst mistake, should we sell as soon as we can or hold onto property and rent it out (will we make money or lose it on this disaster) Is it worth spending money to fix up internal cracks or will it just continue to happen?
All info/help is very much appreciated, thank you.