Before I moved to Florida, I had heard of sinkholes, but I knew absolutely nothing about them.
I wasn’t aware that a crater could simply appear in the yard without any warning. I’ve since learned that sinkholes are more common where the limestone is closer to the land’s surface. When water washes away the soil and residue from the rock, this natural erosion process results in a lessening of support in the rock spaces and can develop into a collapse. I had only lived in my house in Jacksonville for two years when a sinkhole opened up. Unfortunately, it caused major damage to the foundation and structure of the house. When I brought in a contractor to assess the issue, I was shocked by the estimate. There was no way I could afford the extensive repairs. Plus, my insurance wouldn’t cover it. I considered selling my house via a realtor but knew it would be nearly impossible. An appraisal wouldn’t be favorable. The house would never pass an inspection. I doubted a bank would supply lending to a potential buyer. I considered remaining in the house and simply living with the damage but assumed it would steadily worsen. The best option was selling to a cash home buyer. They purchase homes in as-is condition. They don’t demand appraisals or inspections. They don’t require lending. I had a cash offer in under twenty-four hours. Selling my house was a bit discouraging but very quick and simple. It was a relief to walk away from the many problems, expenses and work that needed to be done. We were able to close on the property in ten days.
