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.
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 is my unrepaired sinkhole house worth in Florida? Sinkhole Effects on Market Value of the Home
The value of the house will be affected greatly by the cost to repair the sinkhole. I always look at what the insurance pay off amount is. The insurance company is not going to give the owner a penny more then they have to. Generally, You take the repaired market value subtract the cost to repair the house and you come up with the current value of the home. Some times the amount you come up with is negative. The property may still be worth something.
Many neighborhoods that experience sinkholes are faces with a decrease in the value of their home. Sinkhole homes fair market value decreases in value by 5 to 10 percent when compared with non sinkhole homes. Homes are already valued at a lower market price than they were even a year ago due to the economy, so the further decrease in value can be very discouraging to home owners.
Call me and we can discuss the particulars.
The three ways of determining market value of house.
Cost Approach, Income Capitalization Approach, and Comparative Sales Analysis Approach
E. 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.
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.
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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.
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.
Florida Sinkhole House