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Basement repair: Sani-Tred

Anybody know about the product called 'Sani-Tred' for waterproofing/safety for basements? I have just purchased my first home and while away on vacation a crack developed! This product promises good results for many purposes and presents itself as cost-effective, to boot.

I need to save as much monies as possible AND get some good results. Any advice would be greatly appreciated.

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