What Is a Sinkhole?
If you own property, you must take care of it. That means taking a close look at the land on which your building sits. There are some situations where natural disasters can lead to serious issues. One example is a sinkhole. If you have a sinkhole near your property, you need to know what to do next. You need to make sure that you protect yourself and your family, so what should you do if you discover there is a sinkhole underneath your property? Learn more below, and don’t hesitate to reach out to an expert who can help you.
What Is a Sinkhole?
A sinkhole is an enormous hole in the ground that opens up suddenly and without warning. There are several reasons why a sinkhole may develop in that specific area. Sometimes, they develop because of erosion or water drainage. In other cases, there may have been a sudden shift in the ground underneath the area. There are even situations where human activity can cause a sinkhole to develop. Construction in the area or a broken water main can cause a sinkhole to develop. In some cases, sinkholes develop slowly over many years. In other cases, they can develop suddenly and without warning.
How Do Sinkholes Form?
For a sinkhole to form, the water has to erode the rock in the area. Typically, the surface rock is made out of limestone. Water can dissolve it, but it takes a long time for it to happen. Eventually, the structural integrity of the limestone reaches a critical point, and it falls apart quickly. Then, because the surface becomes unstable, a giant gap opens up in the earth. Sometimes there is a trigger point, such as a heavy rainstorm. A sinkhole even developed in the Bronx not too long ago. It developed after heavy flooding. Because sinkholes can develop quickly and without warning, they can also threaten the safety of the people in the area.
What Should You Do Next?
You should get your property inspected from time to time to make sure the ground is stable. If you notice a foundation crack through the middle of your property, it could indicate that the soil is unstable. It is even possible that a sinkhole might form underneath the ground. In this situation, you need to prioritize your safety and the safety of those around you. Therefore, you may want to find another place to live, and you should reach out to an expert team that can conduct a more thorough evaluation. That way, the problem doesn’t get worse with you in the home.
Can You Sell Your Property?
So if you have discovered that there is a sinkhole forming under your property or if one has already developed, can you sell the property? There are a lot of hurdles and hoops you have to jump through if you want to sell a property with a sinkhole in the vicinity. You may have a hard time selling your property the traditional way. The good news is that your land is still valuable, and you can sell your property to the right person. For example, you might be able to get a cash offer from a real estate investor. Getting a cash offer is beneficial because you don’t have to wait as long for the closing process and can save money on closing costs. If you are ready to sell your property for cash, we can help you. You might be surprised at how much money your house is worth.
Contact Purple Mountain Holdings to Sell Your House Fast
If you are ready to sell your house fast, count on Purple Mountain Holdings. No matter what condition your property is in and no matter what sort of natural disasters may have happened in the area, we still want to buy your house. We will make a cash offer for your home, which means that you don’t have to worry about losing any money to a lender during the closing process. If you want to figure out how much money we will give you for your house, contact us today! Find out how much money you can get for your home.