Sinkhole versus catastrophic collapse
 

Does anyone really understand what SINKHOLE insurance is really for???

I had a long conversation with one of the people at the insurance office at Lake Sumter Landing....she was very calming and quite knowledgeable and showed me pictures. Very interesting.....

Map
 

This lot and the one on either side are now shown as "unavailable". I know the lot on one side was in the process of construction. It will be interesting to see what they do with the lots.

:confused:

What do you think they will do with the lots?

Seems like making them unavailable is a good thing.

Please keep me up to date on the sinkhole in Gilchrist story. We have our design appt in April and that would not be a good thing! This will make the resale market strong!

I don't follow how it will make the resale market strong?

All you really need is a hand held GPS device to determine the coordinates of the lot in question and then go to the geological map and transfer the data. That should pinpoint your lot in reference to sinkholes or sinkhole prone areas. These devices are not expensive and you can get them locally at Radio Shack or Best Buy. Just a thought.

Seems like a good spot for a dog park.

My thoughts exactly. As long as the dogs and their owners walk gingerly through the park. Another thought I had was a community pool, since the hole is apparently already dug.

The OP would be doing prospective buyers a favor if he/she posted the lot numbers.

YEA AND WHO IN THERE RIGHT MIND WANTS THE NEXT LOT NEXT TO IT?:faint:

:agree:Ah yes.......BUT, the potential for sinking quickly into the ground exists everywhere here but even worse near Tampa.

We could be taking a fast trip to China any time.

So enjoy today. Dance and golf and eat dessert first.:laugh:

But sinkholes are so few, so random and so unlikely, that we shouldn't waste our time worrying about something we cannot stop, change or prevent.

Eat, drink and be merry, but do your due diligence new buyers, and if you are thinking about moving to this area, call and ask your salesperson if your lot or new house is close to these two lots.

A new update. I just rode by the lots with the 'potential sinkhole" and spec houses are being constructed. Hope nothing happens in the future, but if I am still kickin' in the Villages the owners will be told the story if there is a problem.

I also will have my friends ask why they were 'warned off' but now a market house is being built on the lot(s) in question.

:doh:

A very knowledgeable source told me that the properties are located on Bluebeard (Court?)

The developer noticed a slight depression; immediately took the property and those on either side of it off of the market; had several geological tests done; pumped in concrete as necessary; re-evulated and confirmed the site for safety; and returned the properties to market.

Not this one.