Investment opportunity/recent death issues

[Melissa Taylor]

I am an investor in the southern California market and have an opportunity to invest in a property that has experienced a death-related crime.  I understand the disclosure of such information to any prospective buyers but I'm interested in receiving input from agents and investors who may have some insights on the pros and cons of pursuing this type of an investment.

[Melissa Taylor]

This will be interesting to follow.  The home will be auctioned around the 1st of October.  It is in a good neighborhood and, looking at the exterior of the property yesterday, the roof/stucco/exterior is in excellent condition.  Who knows what's inside.  But it's currently listed about $200,000 below current market value.  I'll try to follow up with what this property sells for.  Thank you all for your input--appreciate it!