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Updated about 6 years ago on . Most recent reply

User Stats

24
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2
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Alex Bayer
  • Rental Property Investor
  • Richmond, VA
2
Votes |
24
Posts

Offer Accepted then recent Crime occurs in neighborhood

Alex Bayer
  • Rental Property Investor
  • Richmond, VA
Posted

We had just made an offer and it was accepted. A couple hours later we find out there was a shooting just 2 blocks down on the same street.

The neighborhood is generally pretty nice. Somewhere between a C moving towards a B class area. A lot of homes have been updated in recent years and the neighborhood looks mostly very clean and new. This is a rare occurance but being that the property is in the North side of Richmond VA, there are pockets of lingering crime.

We hope this is just an isolated incident and are trying to figure how alarmed we should be since the shooting was pretty close to the duplex. We were planning on doing renovations on both units and exterior in September and move into one of the units when they were complete. Since we have a convention loan we don't have to live there but it is unsettling nonetheless.

Any thoughts and feedback on this matter would be gratefully appreciated :)

Most Popular Reply

User Stats

567
Posts
291
Votes
Oleg Shalumov
  • Rental Property Investor
  • Teaneck, NJ
291
Votes |
567
Posts
Oleg Shalumov
  • Rental Property Investor
  • Teaneck, NJ
Replied

@Alex Bayer there could be a shooting in any “safe” area. One incident does not change the value of the area in long term.

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