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Home Purchase - Questionable Basement

Hey All,

Will try to be short here. Home built in 1940. Crawlspace converted to unfinished basement in 70's or 80's (according to structural engineer). Beams went up in 1997. Walls show cracks and history of water intrusion as bolts that secure beams to floor are completely rusted or disintegrated on several beams.

Currently, no signs of water intrusion despite 4 days of torrential downpour. PE says no signs that the braced wall has moved in 26 years. No stress evident on floor joists connected to beams. No stress in cement compound between walls and beams. Recommends gussets and SS bolts at bottom of beams to reinforce rusted elements. Main floor of home shows no signs of cracking, shifting, door issues.

Despite no movement in 26 years, still feeling concerned about the structural integrity of that wall. Both worried that it will fail and/or that when we decide to sell in the far off future, it will scare away buyers. Home in a very desirable area, would be a perfect location for our family for many years to come (we really do love it). Pictures below. Questions, perspective, and advice welcome.

Picture 1

Picture 2

Picture 3

submitted by /u/xxGreyWormxx
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source https://www.reddit.com/r/RealEstate/comments/14ilbng/home_purchase_questionable_basement/
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