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Old 03-04-2021, 09:39 AM
 
6 posts, read 19,455 times
Reputation: 11

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Quote:
Originally Posted by diddy02 View Post
Good luck finding insurance if the home you are considering is near anything that has had a sinkhole ! We are due to close very soon on a property and we cannot find an insurer because the house was near a very large sink hole in 2012 !! . We have been quoted 10,000 and 2 actually said no. There is a map that can identify sinkhole activity in the area you are looking. I think you may be okay in a new neighborhood, Nationwide told us they were only insuring homes built after 2002 now.
Are you buying in a new development in Windermere? The one I am looking to purchase is a new construction home being sold by Ryan Homes at Sanctuary, Windermere. Btw, thanks for the feedback. Perhaps I may have to reconsider my decision to buy there. I also saw a large sinkhole incident back in 2012 at Windermere, I am getting nervous now..
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Old 03-04-2021, 09:44 AM
 
Location: Central Florida
3,262 posts, read 5,001,986 times
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About six years ago, I bought a house in a suburb of Orlando. After I'd been living there awhile, I learned that the house directly across the (narrow) street had had a sinkhole on the property that had been filled in with concrete. It had no effect on my ability to get homeowner's insurance for my house, but I think the owners across the street had a hard time selling their house.
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Old 03-04-2021, 11:31 AM
 
6 posts, read 19,455 times
Reputation: 11
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Originally Posted by WellShoneMoon View Post
About six years ago, I bought a house in a suburb of Orlando. After I'd been living there awhile, I learned that the house directly across the (narrow) street had had a sinkhole on the property that had been filled in with concrete. It had no effect on my ability to get homeowner's insurance for my house, but I think the owners across the street had a hard time selling their house.
Thanks. So I guess it’s a lingering issue. Any day one is vulnerable to the inability to sell the house or get in to a situation of not being able to renew the insurance policy at least with reasonable terms. My sole purpose of buying in FL is just to spend some time during winters as I hate cold weather of east coast, but looks like I will be moving in to constant fearful or uncertain situations
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Old 03-04-2021, 11:55 AM
 
2,939 posts, read 4,127,371 times
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Quote:
Originally Posted by saivaranasi View Post
looks like I will be moving in to constant fearful or uncertain situations
This stuff makes for great clickbait "Florida man swallowed by sinkhole!"

but it's not a reality most people concern themselves with. Hurricanes are a much larger, much more realistic concern.

Sinkholes larger than 10 ft. in diameter are rare and sinkholes that render a home uninhabitable are even more rare. If you're that concerned about it look for a home in a more upland location - and a place that's either well established or more rural. In either case, away from intense, new development and groundwater pumping.

The corollaries with sinkholes are big ups and downs in the water table and putting water on top of the karst where it wouldn't naturally go.
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Old 03-04-2021, 10:05 PM
 
24,407 posts, read 26,956,157 times
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A psychiatrist may help with your “constant fear and feeling of uncertainty” this is meant genuinely not as a jab. There is no reason to have constant fear, so if you do, you need help.
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