Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

190
Posts
123
Votes
Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
123
Votes |
190
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...

Loading replies...