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Updated about 1 year ago on . Most recent reply

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75
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Whitney Breedlove
  • Clear Lake, TX
29
Votes |
75
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Stigmatized Property - Would you buy one?

Whitney Breedlove
  • Clear Lake, TX
Posted

Does anyone have experience buying/selling a stigmatized property? If so, what's your experience?

I'm thinking about buying a property where a murder/suicide by the previous owners occurred back in 2017. Son murdered his father in the living room and then killed himself. Wife still lives in the house and is now selling. The purchase would be as a primary residence for my family, but I would likely rent it out after living in it 5 or so years. Do you think I'd have issues renting it out and/or selling it? Right now it's been on the market 70 days, but currently, everything in this neighborhood is sitting a long time. People seem to have strong feelings on this topic both ways... 

I'm actually most concerned about my kids learning about what happened and then getting freaked out. They're only 1.5 and 3.5 now.

Most Popular Reply

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414
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295
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Dan M.
  • Real Estate Investor
  • Unadilla NY
295
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414
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Dan M.
  • Real Estate Investor
  • Unadilla NY
Replied

Id buy it in a heartbeat, assuming there's a price reduction premium for it. The crazy person responsible is dead. Ghouls, goblins, ghosts or spirits aren't going to stop me from buying a deal. 

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