What Happens To Property Values in Neighborhoods Near Sinkhole Activity?
While many of you who already live in the Villages seem to take the recent reports of sinkholes affecting some homes there in stride, it is a little more than scary to a potential buyer. The deductible for a non-catastrophic event could be catastrophic by itself.
Do you know how having a house with a sinkhole in a neighborhood affects the surrounding property values? Would you buy in a neighborhood that has had a sinkhole?
I think it is scary because there is no warning, so there is no way to prepare. Earthquakes, Hurricanes, Tornadoes, snowstorms, are events that usually come with some warning.
With my luck, I'd be backing my golf cart out of the garage and drop right in! I wonder how long it would take my husband to notice I was gone????
Seriously, this is not a "the sky is falling" post, but it does make me hit the PAUSE button momentarily.
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The secret to having it all is believing that you already do!
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