I don't know the answer to the question but just thought I'd pipe in and say, "yeah, I've seen a house with wood for the basement walls instead of concrete." Bizarre eh? My parents were looking at buying it but that kind of freaked them out. I guess it's OK if it's OK but who knows how long it will last or is prone to problems in the event of a flood or who knows.
At any rate isn't the floor still concrete though? Seriously is the basement floor wood? If so, .. I dunno, you might want to consult a builder to see if there's anything that can be done to shore up the floor. I'm sure there's an option that isn't .. you know, too ridiculously expensive or something, hopefully.
Congrats on the engagement BTW!
Also, doesn't surprise me about the floor cracking. Unless you have a heated floor that concrete is a pretty thin layer over gravel ... these floors just crack on their own just due to settling.
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-- Tony
My next hobby will be flooding my basement while repeatedly banging my head against a brick wall and tearing up $100 bills. Whee!
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