Known to many as “Sinkhole Capital of the World”, Spring Hill, Florida has just released a report on the effects of sinkholes on the economy. Although homes with sinkholes cause Hernando County to loose revenue on residential taxes, it seems to have no effect on the commercial growth of the County.
So what is the damage of having a sinkhole?
The market value of properties with unrepaired sinkholes are depreciated 50 percent. Once those properties are repaired, the value is increased to 90 percent of its full potential value.
2011′s Black Friday “Tough Day” golf tournament saw serious business leaders playing serious golf on a rough “course-made-tough.” Don’t let the smiles in the photos fool you! (more…)
“We take this opportunity to recommend Foundation Services Inc. to anyone who’s life and home has been interrupted by sink hole activities, and need a company that we have experienced with a team of professional men that has given our family peace of mind and stability as was needed. The following list would best describe this company and the entire crew that corrected this tragic damage to our home… [see the Letter for ratings list]”