Sinkhole House Signs, Symptoms, and Solutions.
Sinkholes are very common in Florida. Rock below the land surface is limestone, salt beds and carbonate rock. Often their is naturally occurring rock that can be dissolved by ground water circulating through them. When that happens caverns develop underground. When that space gets too large, there is often not enough support for the land above, hence a sudden collapse at the surface.
There are usually many signs of a sinkhole prior to a full collapse. Most homes rarely fall into the gaping hole in the ground but it can still occur under the right circumstances. The high cost of sinkhole repairs can be more detrimental to your finances, then actually dangerous.
What is a sinkhole house worth in Florida?
1. Take the price of house as if it did not have a sinkhole problem. (www.zillow.com)
2. Subtract 5% to 10% for stigmatization.
3. Subtract the cost to repair the sinkhole under the house. (How much the insurance company paid you or what the insurance companies engineering report says it will cost.)
4. Equals what the unrepaired sinkhole house is worth.
Note: Stay away from using percentages (25%)
Call me for a better explanation of this complicated process. For many years I worked was a State Certified Appraiser.
The three ways of determining market value of a sinkhole house.
Cost Approach, Income Capitalization Approach, and Comparative Sales Analysis Approach
Sinkholes and the After Repair Market Value of Sinkhole Damaged Houses.
Sinkholes may vary in size from less than a meter to several hundred meters both in diameter and depth. Sinkholes vary in size and in shape from bedrock-edged chasms to from soil-lined bowls. They may be formed gradually or suddenly and are found throughout Florida." If you're concerned about Florida sinkholes and un-repaired damage to your home. I pay top dollar for homes damaged by sinkholes.
I can help you if you have a unrepaired sinkhole house in Florida.
Do you need additional information about unrepaired sinkhole homes in Florida. Here are some articles covering: "I Can Help You If You Have a Sinkhole House in Florida." "What Is a Florida Sinkhole Home?" "Signs of a Sinkhole Home." "Why Are There So Many Sinkhole Homes in Florida?" "There are three types of sinkholes." "What Happens If You Have a Sinkhole Home?" " A Look at Two Types of Repairs." "After the Insurance Money, Then What?"
What are the dangers of a sinkhole in Florida?
Sinkholes can be serious and dangerous. If you are experiencing a sinkhole problem. Do not hesitate to call your insurance company. If you have sinkhole insurance coverage, They will send out engineers to assess the damage to the home or property. Holes that appear in the ground can be minor or can be many feet deep. A small child or animal could become trapped in a collapse sinkhole. The home itself could possible become unstable and collapse. An engineer in the only one who can determine the safety od an unrepaired sinkhole house.
I always recommend replacing the batteries in the smoke detector. More homes in Florida burn down then fall into sinkholes.
Should I repair my sinkhole home in Florida?
If you're visiting this website. You either know that your home has a Florida sinkhole or you suspect that your home has a Florida sinkhole. If you are trying to sell your sinkhole home or have questions about Florida sinkhole homes you can find answers to the most frequently asked questions here.
Sinkhole repair methods grouting and pinning. Sell your Sinkhole house?
Sinkhole Lawyer and Sinkhole Insurance Claim. File your claim now.
Sell your unrepaired Florida sinkhole house. I buy Florida Sinkhole houses.
If you are an owner of a sinkhole home or suspect that you are an owner of a sinkhole damaged home, please understand that you have options to repair and keep, repair and sell or sell your sinkhole home un-repaired. If you are searching for a sinkhole home buyer, then look no further. I will buy your sinkhole damaged home and offer you top dollar when you sell the damaged house to me. Selling your sinkhole home to an investor (I buy sinkhole homes) is an easy process if you choose the right person to sell to, one that will have your best interest at hand. Buying sinkhole damaged homes is my specialty.
I've been buying Florida sinkhole damaged homes for many years, and I have spared many homeowner's the heartache and hassle of having to face recurring problems which is very common when you own a Florida sinkhole home buyer.
Add Your Florida Real Estate Investor Links at Tampalots.com
Sinkhole home buyer Tampalots Site Guide/Sinkhole Photos
What Florida sellers must disclose about their unrepaired Sinkhole damaged home.
If you have a Florida sinkhole house on your property you are required by law to disclose the sinkhole damage to any potential buyer. You must disclose everything. It is imperative you deal with the Florida sinkhole house as soon as possible to prevent further structural damage to your home. If you have not already done so, please contact your insurance company and have them check for the needed sinkhole repairs. Have a qualified engineer inspect your home. Many times it is necessary to have a lawyer represent you in dealings with your Florida insurance company.
Florida Sinkhole homes and waterfront homes seem to be closely related.
A majority of the sinkhole homes in the Florida, I look at are close to waterfront or low-lying areas. There is a reason for this. Centuries ago, when the ground was low the water would flow into these low-lying areas. The water would fill up with organic material such as plants and other creatures. Over time, this plant life would decay and turned to clay or mud. As time would continue to pass dirt would cover this area. Then someone would build a house on top of it
It is important to remember that Florida is basically flat. When you have hilly or low lying areas you probably have some instability below ground.
If your house has signs of sinkhole activity, such as: stair step cracks on exterior walls, deep cracks in your driveway or paved areas, doors and windows that are difficult to close, call your insurance company. You need to file a insurance claim. The insurance company will sent our an engineering company to determine the extent of the settlement. They will either have it repaired or give you the money. After you receive a settlement from your insurance company, call us, do not repair your sinkhole home.
Are you ready to Sell Your Sinkhole Damaged Home.
Often, homeowners of a sinkhole damaged home want nothing more than to be rid of the problem they are in. They feel unsafe in the home or they just cannot deal with the time and expense of repairing their damaged sinkhole home. If you are the owner of a home that has unrepaired sinkhole damage , call me for prompt and professional solutions. I will help you to alleviate the situation you are in. Having an unrepaired sinkhole home can be very difficult. I specialize in buying these unrepaired sinkhole homes in Hillsborough, Hernando, Pinellas and Pasco counties and throughout Florida.
Have you received a settlement from the insurance company for your unrepaired sinkhole home?
Repairing a sinkhole home is an expensive, time consuming, and messy ordeal. I can help. Let me handle your problems. I will give you a top dollar offer on your unrepaired sink hole home. You can use the money to buy a new home, one with no foundation problems. Most of my sinkhole homes are in Spring Hill, Port Richey, and Holiday, Florida.
Has your Florida home has been damaged by a sink hole. I will give you a top dollar offer. You may ask why I would want your sink hole damaged house and the answer is simple. I Buy, Rehab, Rent, and Sell Residential Real Estate and sinkhole damaged homes and property in Hillsborough, Pasco, Pinellas and Hernando Counties. I have many years of experience with damaged property and sellers trust me to do what's in their best interest. If you have a sink hole and your home is located in Tampa, Clearwater, Brooksville, Hudson, Holiday, Clearwater or anywhere in Florida, please contact me for assistance. We are here to help. Tampa Florida
Sinkhole Buyer in Fl. Sinkhole house buyer Hillsborough. Sinkhole house buyer Pasco. Sinkhole house buyer Hernando. Sinkhole house buyer Pinellas Fl.