[GatorFan]

Originally Posted by Retiring

You would think a sinkhole next door would hurt sales, but you might be surprised. I have found that many people who come to TV really couldn’t care less about sinkholes. Some even have a fatalist attitude, if I die in a sinkhole - oh well.

Personally I would not buy near a known sinkhole because that tells me more about the sub surface condition than an area without a sinkhole. But to answer your question, would a SH hurt sales, I don’t think it would.

One woman had a serious snake problem. She lived near a pond and the snakes were of the venomous kind. She decided to sell, don’t know if she left TV. Problems selling the home? None. Don’t know if she disclosed the snake problem but she said there were a dozen yellow snake traps around her property.

There is a lot more to TV than the lot you live on. People move to the community for all the “extra” stuff, golf, pickleball, clubs, squares, etc. Some come to TV for the golf cart aspect.

SH insurance is a big deal to some and not to others. I’m a big believer in insurance. I still don’t think most TV residents understand the difference in SH coverage. Most believe they are covered for that SH in the backyard, sadly they will learn they are not covered. I would not by any coverage from an insurance company that writes most of their contracts in FL. One good storm and you are a creditor of a bankrupt insurance company. Happened to me in NY. However, lawyer says when the bankruptcy is complete the State fund will take over claims. I may see a fraction of my loss in approximately 10 yrs.

Caveat Emptor.

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