Quote:
Originally Posted by e-flyer
It's sad that when you go to sell a house that has had sink hole remediation, you might have a hard time selling it, and most likely get less than the market value if it does sell. There is a new house north of us that still hasn't sold even discounted $15K+ because it had a sink hole in the yard. In my mind, the ground the house sits on is probably more stable now that the sink is filled, and foundation pinned verses than other areas in TV. I feel for the folks who were unfortunate enough to have this event happen.
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It would be interesting to find out if a buyer could get sinkhole insurance on this house which already had some sinkhole activity. It sounds like a really good deal. Maybe that's why nobody is buying it. People are afraid they'll see their entire investment sink into the ground.