Quote:
Originally Posted by Swampy
I'm very curious about what a "potential sinkhole" is, and how to recognize it? Why would The Villages developer even sell a lot that had a sinkhole when the developer does have a warranty period on the house to be built? If the developer's warranty does not protect against a sinkhole that it knew or should have known existed on the lot, then that means that all buyers of new lots must hire their own inspectors before settlement to check for these "potential sinkholes". Is this thread cause for concern to a soon to be Villager such as myself (who has a lot in Fernandina and will be building by May 2013), or is it another rumor without substance?
Swampy
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There are detailed maps available showing where sinkholes have been and ground conditions where sinkholes are more apt to form. Many of these maps are in the public domain; however, they are geological maps - and unless you have an overlay of TV streets/plot lines - virtually, of no use.
I just purchased in October and was offered sinkhole insurance "if the underwriter agreed." The underwriter was called and after a few minutes gave the thumbs up to the insurance. This raised my interest and I started looking for the sinkhole maps on-line and sure enough found them; but, heck if I could tell you where in TV the maps related. You can - however - see a pattern in sinkhole distribution.
This is not just a TV issue....Florida is sinkhole prone and as we play with the aquafier - it is likely to get worse.