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Updated almost 6 years ago,
Mine subsidence..any experience?
I have the opportunity to buy a SFH from
A private seller. The home is updated 800 sq foot w a 2 car garage for $45K (asking price). The owner has a claim for mine subsidence (I believe it was a $25K pay out), and I believe it the subsidence continues it is another $10-20K pay out. I have no experience with subsidence. She paid $55K for the property in 2013. I can rent this property for around $650/month in this area. Good area. Opinions?