Sorry for Brian Dyer and his family. Brian decided he wanted to build a pool for his kids. When excavation began to dig the pool they found trash, everywhere. They found washing machine tubs, electronics, tires and other household trash, all buried within four feet of the surface. He hired a sinkhole investigation firm, Geoview,…
Category: Sinkhole News for Realtors
Q: We are looking at purchasing a home that has had sinkhole remediation. According to the seller the house is not insurable due to the claim the previous owner took for the sinkhole repairs. It shows on the tax records that the repairs were $30,000 and the house is worth more then this. So I’m…
One issue that seems to get continually overlooked in this whole debate over Bill 408 is what affect will this new law have on the housing market? We predict a horrible outcome and foreclosure spikes. There are several serious concerns that arise. Bill 408 tries to accomplish two goals: 1) limit, decrease or altogether prevent…
The general rule is that the claim may, under particular circumstances be assignable, but the policy itself is not. You should read your policy carefully on this topic, and not necessarily listen to what an interested party has to say about it.
We are very pleased with the enormous response we had recently to our efforts to reach out to realtors, real estate brokers, and others in the real estate field regarding our resources at Sinkholedamageblog.com. In the past week, we have been flooded with inquiries regarding the various issues realtors have to resolve in handling homes…
County commissioners in Hillsborough County recently voted to provide grants for Hillsborough County residents who were affected by sinkhole activity during the winter freeze of this past year. The grants may be worth up to $3,000 per individual homeowner. Though the sinkhole grant program is aimed at the freeze event causing sinkhole activity in Dover…
As Florida’s sinkhole issues continue to become national news, the Wall Street Journal recently decided to get into the fray. Unfortunately, the article had a very pro-insurance slant and went out of its way to place those fighting for homeowners in a very negative light. The article focuses on public adjusters here in Florida and…
The Plant City sinkhole debate In a story we have been following and actively involved in for about a year now, the Plant City sinkhole debate rages on. To recap the previous controversy, over a hundred sinkholes appeared during a very short period of time over the winter this year. The numbers in the article state…
Sinkholes in Ocala In a turn of events that is almost reminiscent of Plant City sinkholes earlier this year, Ocala is seemingly under attack by sinkhole activity. Again and again, we have talked about the huge breadth of the sinkhole activity in Ocala and now we can see it at the surface. The most publicized…
How neighborhood sinkholes can affect you Question: I am aware that at least one home in our neighborhood has had a confirmed sinkhole as the cause of structural damage. Is there a relationship between the presence of sinkhole activity nearby and the potential cause of the damage to my home? The general opinion of most…