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Updated over 7 years ago on . Most recent reply

User Stats

199
Posts
124
Votes
Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
124
Votes |
199
Posts

Need your opinion - House with sinkhole repair

Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
Posted

Hi Everyone,

I'm taking a poll.  We looked at a house that had a foundation repair due to a sinkhole.  This repair was 10 years ago, but there is a NOC filed with the county from the foundation company that made the repair at that time.   Anyone that researches the history of the property will see the NOC with this "sinkhole" repair.  

My question is even though the property was repaired, will this situation be a stigma when trying to flip this house?  My instincts tell me yes, but I'd like your opinion.  I'm sitting on the fence on whether to bid on this house or not.  The house is a total gut, but the price is good.

Thanks in advance for your response.

Most Popular Reply

User Stats

147
Posts
92
Votes
Rachel N.
  • Orlando, FL
92
Votes |
147
Posts
Rachel N.
  • Orlando, FL
Replied

As someone who has lived in Florida for thirteen years, I would run away from that kind of deal. It would be very hard to sell, I think...

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