Quote:
Originally Posted by CSwofford147@comcast.net
When you are purchasing property from the Villages in the Villages as a out of state buyer. Everyone involved in the realty transaction except the out of state buyer is well aware of the fact that the location of the property being purchased determines whether Sinkhole insurance can be purchased. The address is put into a insurance data base and a Sinkhole Index score is given to the property based on its proximity to ground subsidence activity. There are very few property's to my knowledge in the Villages that receive a passing score. The denial of insurance based on the location is known fact. It would seem that given the financial exposure involved that the buyer will have, it would be not only extremely important fact but a material fact that should be disclosed to the buyer so that the buyer could make informed decision based on the facts to purchase real property. This information was not provide to me in my purchase of real property in the Villages. I would very much like to hear other people in the Villages experiences concerning disclosure of information as to the insurability of there property and there comments as to whether it was disclosed to them if there property was uninsurable based on its location.
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As my opinion has not changed, this is a reprint of my response to an earlier post of yours:
Charles,
I don't know you from Adam, but I do know that you are like a dog with a bone when it comes to Sink Holes. Please consider giving it a rest! If you have a problem with Sink Hole Insurance or the lack there of, do something about it. Run for the State Assembly, write your representatives, whatever. Please stop trying to scare the bejesus out of people. The sky is NOT falling! You are doing no good except causing some of those more susceptible to these tactics to lose sleep. In my opinion you would be much better off taking up a hobby and let it be not crusading about something you currently have no power to change. If you are indeed serious about this matter, do something constructive. Well, that's my two cents.
Good meaning people who response to this paranoia only encourage more of the same. The "Ignore List" is a VERY useful tool.
Xavier
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My approach to today's politics:
"Re-examine all you have been told. Dismiss what insults your soul" ~ Walt Whitman