Updated over 4 years ago on . Most recent reply
Mortgage for buyer of sinkhole SFH
I own a sinkhole SFH in Florida. I bought it as a cash flow property and have been very happy with it as an investor.
At this point I would like to sell it, and my realtor is saying that it’s marketable only to investors since owners/occupiers will not be able to get a conventional mortgage (and the insurance will be prohibitive).
Is that true?