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Updated about 2 years ago,
Buying with death in the house
Hello BPers.
For me, buying properties with natural death is not a problem.
What about other causes/accidents like fire or tree falling, etc …, assuming no foul play or crime?
Would you buy (either for holding or flipping) it? If you would, how much discount you’d anticipate if flipping within the 3 years of the death?
I know it would definitely affect the pool of buyers. But I’m not sure about pricing. I’m guessing I’d plan for accepting offers at 5-10% lower than usual.
Thoughts?