Waterproofing Cellar?

Hi,

I’m closing on a building which has an obvious problem- it has water entering the cellar. there are a lot of signs- sump pump, mold, dehumidifier and cinder blocks to border the boiler and water tank. My inspector has suggested to install a french drain and to recement the walls with waterproofing compound. I much rather putting my money toward fixing the issue all together- by not allowing any water to come in into the building it self. Did anyone here have any experience with this kind of problem/solution?

By Williams |