Of course if your premium lot is on a pond or retention lake, and it drains due to a SINKHOLE, you will lose value. The Developer will not help you, and sinkhole insurance, even tho available, it is not very good and has lots of loopholes. Google the following for examples:
"sinkhole at 733 Winifred Way" and "sinkhole at 17092 McLawren Terrace" and "sinkhole at 2536 Botello Ave", there are more, but you get the idea, watch out for those WATER FRONT views.
|