Buying a Stigmatized Property

[John Clark]

I am looking at buying a foreclosed property that is labeled as stigmatized.  There was a suicide in the house in 2016, and I'm torn on if I should buy it.  It's about 50% remodeled already and the rest of the work is just carpet and paint mostly.  The bank took the property back for $136k and is asking $194k.  Comps in the area are  around $250k.  I'm not sure what the disclosure laws in Arkansas are when it comes to this kind of situation.  Just wondering, anything other than the heebejeebees, would you all buy a property like this?  why/why not?