
05-12-2012, 09:07 AM
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Gold member
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Join Date: Dec 2009
Location: Rio Grande Designer Villas of De Laguna
Posts: 1,136
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Quote:
Originally Posted by Villageshooter
You can bet the developer will make sure you can get it on your NEW HOME!!, (at least for the first year), and torpedo the resales to be able to get sinkhole insurance. Just look what is happening at mission hills...,,, keep covering it up,, stick your head in the sand,,, well now the sand is washing away , and we have a HUGE mess.... I feel this sinkhole issue will cost all of us many $$ in equity in our homes, as there will be no one to buy them as this place starts to develop more and more of them. THE INSURANCE COMPANIES ARE IN BUSINESS TO MAKE MONEY!! if it is a losing proposition they will get out and that IS WHAT IS HAPPENING!!. This issue needs to be kept to the forefront. The next thing to happen will be the mortgage companies will start to take a look at this disaster in the making. WILL ONLY BE CASH SALES HERE! We have to vigilante! My kids dont want to inherent a hole in the ground!
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hogwash !!
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