Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

45
Posts
13
Votes
Geren Knight III
  • Investor
  • Cumberland, MD
13
Votes |
45
Posts

House will Not Sell Because of Bat Infestation

Geren Knight III
  • Investor
  • Cumberland, MD
Posted

I found a house that I can buy for 40% of the ARV. The ARV is over $200k. The house is in a great location (in regards to the neighborhood, low crime rate, and home values) with many of the houses in the area valued above $300k. There are some downsides to the neighborhood. The neighborhood is an old neighborhood with most of the homes built around the turn of the 20th century, late 1800s and early 1990s. The neighborhood is old and had already been established when the highway was built near it. The highway can be seen from the house. Furthermore, the backyard of this house slopes down into a ravine; however, that can be fixed with fill dirt, retaining walls and the proper drainage systems. The property has been for sale for over a year now and the owner has been unable to sell it. The house does need work on the inside, but nothing that should prevent it from selling. Through a little research I found out that the house used to be infested with bats. My agent has indicated that that is a reason the house will not sell.
If I were to purchase this house and rehab it, how can I overcome the bad sigma when I go to sell it?  

Loading replies...