Quote:
Originally Posted by capecoralbill
This is not a funny subject !
The Developer will NOT stand behind you if you have a sinkhole, or a DRY Lake behind your house. Homeowners insurance has a lot of loopholes to jump through. Do yourself a favor and read up on abandoned homes here, and ruined dreams... 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 waterfront views.
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Not sure why any developer should cover sinkhole damage, (they don't cover storm damage). It is common knowledge that a water front home is not guaranteed to always have water.
Although very important to those effected by sinkholes the number relative to total homes is rather small.
The sky is not falling...…….