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What technique(s) is recommended for waterproofing exterior foundation walls?

I have a late 70's split-entry, so my basement foundation wall is roughly 4 feet under the ground. The basement is finished with wood framing, spray foam insulation, and sheetock. Recent heavy rains ...
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Should I be concerned about rusty nails just inside an outer wall?

Last year I nailed down the linoleum in my pantry with small brads because it was curling badly. This year during spring cleaning I noticed that the nails on the edge near the outer wall of the house ...