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Updated over 4 years ago,
Homicide on property- advice needed!
My husband and I are very interested in purchasing an 11 acre plot of land, which contains a single family dwelling. It is located in a prime location, we are confident it will appreciate quickly, is in a great school district, historically very low crime rate, etc.
The catch: A homicide occurred on the land (not in the house) in 2003. The initial autopsy noted the cause of death as drowning in a small pond on the property; however, after further investigation in 2019 (yes, 16 years later), the cause of death was amended to homicide. Therefore, the case was reopened and the story was featured on the news 2 weeks ago, including a 9 minute interview with the deceased man's daughter. One news report noted investigators may even consider draining the small pond.
Our ideal plan would be to rent out the house on the property for a few years and then build our forever/dream home on the land. Clearly, we would not plan on selling the property anytime soon.
Our questions:
1) Should the homicide be a red flag? It did occur 17 years ago AND was not in the house, but the case was just recently reopened, so has the potential to cause us some headache, etc.
2) If you have experienced death on your property, did you have trouble finding tenants?
3) What would you do in our situation, considering this is an ideal plot of land and location to build our dream home on?