Quote:
Originally Posted by BarryRX
The OP has made a very legitimate comment. How in the world will the home owners of the homes immediately impacted by the recent sinkholes ever resell their homes? I would think that they would have to reveal that there has been major sinkhole repair to their property when selling the home, and with all the homes available, why wouldn't a potential buyer just look elsewhere? I guess the real question that should be asked is " if I have had a sinkhole on my property repaired, is my property in more danger, less danger, or the same danger as a property that has never had a sinkhole." Now, everyone will voice an opinion on this, but it would be nice to hear from a geologist.
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Well said. I would not let the threat of Florida sinkholes keep me from moving here, but if I had the chance of buying a house near a house that had previous sinkhole activity, or in a neighborhood that was devoid of sinkholes, it would be a no brainer. I don't see any reason it wouldn't lower property values, unless, there was professional engineering verified reports that the property was safe or safer than other properties.