Displaying posts tagged with

“Disclose Sinkhole Claim”

Jun
1
2010
Sinkhole News for Realtors By Morgan Barfield | 5 comments

Sinkhole Claims and Public Information

During the 2005 legislative session, A wide variety of new statutes for Florida sinkholes were adopted. Before you think this change was to protect homebuyers, it was not. Instead, it was designed to mark homes with sinkhole damage, so that no future insurance company would insure it unless the proper repairs could be documented.

Mar
17
2010
Insurance Policies and Coverage Issues, Sinkhole News for Realtors By Morgan Barfield | 1 comment

Sinkhole Claim – Disclose or Not

I filed an insurance claim for sinkhole damage, and was pleased to learn I did not have a sinkhole problem. While I did have some cracking damage, which is why I filed the claim, do I need to tell a potential buyer about the claim, even if it was not paid? This question crosses two [...]