Talk of The Villages Florida - View Single Post - What Happens To Property Values in Neighborhoods Near Sinkhole Activity?
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Old 04-25-2014, 07:06 AM
senior citizen senior citizen is offline
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I also just read that anyone living within a mile of a sinkhole will be affected in the pocketbook.**

These unseen caverns and catacombs under the ground are the frightening part as one never knows where a new sinkhole will pop up next. If I lived next door to the recent one, I would not be so complacent. No one can truly see what is going on under the ground on the entire block of homes.

Also, from what I read....the ones in Lake County can occur "abruptly" without warning.

**Meaning not being able to sell their home, or else if they can sell it to a very brave stoic person (and whom would that be?), the price would be rock bottom.....and who can start over again easily when they are old and retired?

p.s.
Were these potential sinkholes revealed to new buyers years ago?
It might be a class action lawsuit. The old saying, "Buyer Beware" comes to mind.