Problem #2 of this week. Our park in Michigan sits atop a bluff that overlooks a flood plain. It is heavily wooded between the back of the park and the river. Our property line goes to the “midpoint” of the river. It is also described by a set of courses per Deed. Of course the river has moved over time.
The Bluff is moving - eating my lots. The homes on these lots are starting to show signs of no more support in the back.
What should I do?
1 – hope no-one is killed. Or hurt.
2 – Don’t wait until a home falls down to pull it out. Damages: $20k (max to demo “fallen” home plus insure homeowner’s belongings?)
3 – Don’t wait until then to evict. (Damages: $5k?)
4 – I forgot to mention, Michigan has a law that says Tenants have a Right to stay at their lot, and if you move them, you have to set them up somewhere else at your expense.
5 – The homes are old.
6 – The problem may continue to grow. 1 home lost per year? More?
7 – Don’t forget, the homes are old. So are the homeowners.