Sumter County sinkhole home for sale!
$120,000
- 2 Bed 1 Bath 927 +/-sqft
- Built 1957 w/addition
- Frame Construction
- 2 Boat slips
- Central AC
- 100' x 100'
This sinkhole home is located near the northwest shore of Lake Panasoffkee. Lake Panasoffkee is a large lake suitable for fishing. It is not a waterfront property but has boat slips available. There was an insurance claim paid for sink hole damage. Normal financing is difficult because of this. Usually, insurance with a sinkhole exclusion can be obtained. This house as well as any other property featured on this website probably has termites. Please have any and all professional inspections done. Verify any and all information you feel is relevant. Most homes on this website (including this one) need to be purchased with cash or a lender who specializes in the financing of dilapidated homes (hard money lender). Generally, these homes will not qualify for FHA, VA or conventional financing because of their condition.