Potential Sinkhole?
 

A friend was ready to buy a lot in Gilchrist and the Villages Agent advised them there was a 'potential sinkhole" on the lot.

Anyone heard of that?

:confused:

Sounds like a story to me to get them to look at something else for whatever reason.

I think it's great the salesman told him. We were looking through pre-owned houses with Lyle Gant's listings, which have all the multilist stuff. We found two houses next door to each other in Sunset Pointe, just two blocks away from the beautiful house we rented this summer. Both had in the listing that there had been a sinkhole which at been repaired with piers rather than just fill and had a lifetime warrantly. Of course the listing tried to make that sound like a good thing. Any thoughts?

No, that was definitely not the case.

The Villages agent should be applauded for providing that information. Your friend was lucky to find this out before buying.

What about the developer's warranty?
 

I'm very curious about what a "potential sinkhole" is, and how to recognize it? Why would The Villages developer even sell a lot that had a sinkhole when the developer does have a warranty period on the house to be built? If the developer's warranty does not protect against a sinkhole that it knew or should have known existed on the lot, then that means that all buyers of new lots must hire their own inspectors before settlement to check for these "potential sinkholes". Is this thread cause for concern to a soon to be Villager such as myself (who has a lot in Fernandina and will be building by May 2013), or is it another rumor without substance?

Swampy

Well now that was my point exactly - how on earth does someone know there is a potential sinkhole and if that it is the case seems like the developer is opening himself up for a lawsuit if someone buys the lot and subsequently loses their home. Something is not right with this story.
I think the salesman is holding the lot for another buyer and trying to direct the first one to another location. Sorry I'm a skeptic.

Do you know which lot in Ghilchrist? Might be helpful for others to know. Can you ask your friend and post more details?

Every lot in Central Florida has a potential for a sink hole.

Where in sunset pointe?

Just behind the Lake Miona Rec Center, southwest of Lake Sumter.

It is indeed possible that it was true. There are sinkholes here and in all of central Florida. It is hard to understand how anyone would know that there is a potential sinkhole. Was this lot near water? Why don't you call the sales office and talk to the boss, tell them who the agent was and what they said and find out from someone in authority just what the official word is on this and report back to us. One of us could do it but we don't know the lot number or the agent. Go to the people who know and find out.

It is also possible that some tiny word in your friends statement was misunderstood or repeated incorrectly..such as that there is always a potential for a sinkhole ...or something similar.... that is how rumors are started and we do rumors better on this forum than any place I know.

You got that right ................

Is it a one of the really nice homes in Sunset Pointe, who is giving the lifetime warranty, and is it priced right.

you can view the home for sale on gants website just pull up sunset point yep the price is right for the home, but can you get insurance, and if you can't then no mortgage if they used pillars i would think it was not able to just fill but just my thought