[CSwofford147@comcast.net]

I have heard from different people in the Villages and Florida realtors as opposed to real estate associates that there has been problems in the Villages with not disclosing if a resale property can obtain sinkhole insurance. After talking to many people in the Villages they all have said that the fact that a property is uninsurable based on its location is something that they feel strongly should be disclosed in a realty transaction. It is my understanding that this is not happening and that people are finding out after they have purchased property when they try to get sinkhole insurance that the property is uninsurable. This has been happening much more with sales associates than with licensed Florida Realtors who have much stricter disclosure requirements than sales associates. If it is known by location that a property is uninsurable then everyone I have talked with feels that they should be informed under disclosure laws. I would like to know what kind of experiences other Villagers have had with this Problem. Florida Realtors are recommending that people put sinkhole insurance contingency clauses into there real estate purchase contracts and have the sale of the property contingent on the property passing a sinkhole insurance inspection. If the property does not pass the inspection then there is no sale. This is to prevent the lack of disclosure of this problem