Quote:
Originally Posted by Velvet
So then when you buy a house do you need to have about $100,000 (the cost of just analyzing what happened underground) in your bank account to cover any future possible failures that your insurance might not cover?
|
That isn't enough: Here's what i found online for one of the SINKHOLE HOUSES.
17092 SE 79th Mclawren Ter
The Villages, FL 32162
3 beds 2 baths 2,048 sqft
Zestimate®: $399,564
It was oringinally sold in 12-2003 from the Developer for $315,500
Then it was sold again in 10/2005 $435,000
And now it sold for only in 10-22-2019 $85,000
I guess they should have put aside $350,000