What to Know If You're Buying a Sinkhole Home

What to Know If You're Buying a Sinkhole Home

There is nothing inherently wrong with buying a home with a repaired sinkhole. However, buying such a home does require a level of caution and diligence and requires various documentation. In fact, buying a home with a repaired sinkhole may turn out to be in your favor, as these homes can be more affordable than homes with no known sinkhole activity. Whenever you are buying a home in Florida, it is wise to examine the surrounding area as well.

Know the Law & Learn Your Insurance Claims

Know the Law & Learn Your Insurance Claims

In Florida, insurance companies are required to provide homeowners insurance coverage that includes damage from “catastrophic ground cover collapse.” They are also required to offer sinkhole damage coverage as an option, and it generally appears in a rider that comes at an additional cost.

Sinkholes: How do they form, What causes them 7 states are more prone to sinkholes, U.S. Geological Survey says

Sinkholes: How do they form, What causes them 7 states are more prone to sinkholes, U.S. Geological Survey says

Florida law defines a sinkhole as a,  "landform created by subsidence of soil, sediment, or rock as underlying strata are dissolved by groundwater. A sinkhole forms by collapse into subterranean voids created by dissolution of limestone or dolostone or by subsidence as these strata are dissolved."

Timber Prices Continue to Rise While Steel Remains a Better Alternative

Timber Prices Continue to Rise While Steel Remains a Better Alternative

A Pre-Construction helical pier is a type of structural pier, which is installed below the structure before it is built. The steel pier is tied into the footer of the structure to keep the structure from moving due to weak or compromised soils. Normally this consists of a type of multi lead helical pier that is driven with precision deep into the ground until it rests soundly upon the underlying load-bearing strata.

Citizens delaying managed repair program rollout until 2017

Citizens delaying managed repair program rollout until 2017

Citizens Property Insurance Corp.'s Board of Governors approved hefty rate increases for 2017 on Wednesday while its president said the company plans to make its customers an offer they can't refuse.