How much would you expect to pay on a house with a disclaime

AlsDonkBoxSquat
AlsDonkBoxSquat Posts: 6,128 Member
edited October 6 in Chit-Chat
Would you live in a house where there was a brutal murder (institutionalized child brutally kills parents)?

Would you expect there to be a discount on the purchase price of the home? If so, how much (say regular price is around $250000)?

This is assuming, of course, that the house is fully and professionally cleaned and repaired to the point when you walk in there is no evidence that anything ever happened in the home.

Replies

  • Iamfit4life
    Iamfit4life Posts: 3,095 Member
    $100,000

    and I still wouldn't buy it!! Eek I have way too vivid an imagination.
  • ilookthetype
    ilookthetype Posts: 3,021 Member
    This is assuming, of course, that the house is fully and professionally cleaned and repaired to the point when you walk in there is no evidence that anything ever happened in the home.

    Ugh, the house would hold the memories, no amount of repair could truly conceal that.
  • maab_connor
    maab_connor Posts: 3,927 Member
    This is assuming, of course, that the house is fully and professionally cleaned and repaired to the point when you walk in there is no evidence that anything ever happened in the home.

    Ugh, the house would hold the memories, no amount of repair could truly conceal that.

    THIS!! you can re-paint all you want, but that energy isn't going ANYWHERE. no thank you.
  • _beachgirl_
    _beachgirl_ Posts: 3,865 Member
    I wouldn't take it for free. Well, I would take it for free, I would just turn around and sell it to someone else though. I wouldn't spend one night in it fo sho!
  • jojo52610
    jojo52610 Posts: 692 Member
    first thing that comes to mind REDRUM
    I couldn't live there yikes - I would hope they were offering a huge discount
  • ket_the_jet
    ket_the_jet Posts: 1,257 Member
    Depends on how nice the house was. But to answer the question-within-the-question, yes, I could live there.
    -wtk
  • WarriorMom2012
    WarriorMom2012 Posts: 621 Member
    I refuse to believe in "evil" spirits because it freaks the hell out of me so I would buy the house BUT I don't want to know what happened there. Ignorance is bliss!
  • KimmieBrie
    KimmieBrie Posts: 825 Member
    When did the murder occur and was it newsworthy? Like does everyone in town whisper about it when they walk by?

    If it wasn't recent, and isn't being gossiped about - I think it'd be worth about fair market value.

    If current event that was hyped up by the media - yes - I would expect a substantial drop in price, but depends on the market.

    Some neighborhoods near me would still demand their full market value - and get it.
  • Sh1tsRainbows
    Sh1tsRainbows Posts: 1,227 Member
    hmm i think id have to see the aura of the place 1st..ghosts and stuff
  • Hellbent_Heidi
    Hellbent_Heidi Posts: 3,669 Member
    Funny timing..our neighbor was just over last night and he bought the house from our friend who hung himself in the pole barn. He said he's been having some "weird occurances'" in the barn....like doors opening and closing on their own...creepy!!
  • AlsDonkBoxSquat
    AlsDonkBoxSquat Posts: 6,128 Member
    first thing that comes to mind REDRUM
    I couldn't live there yikes - I would hope they were offering a huge discount

    Funny, my friend and I refer to it as the redruM house. It's down the street from him and the neighbors are really nice (the neighborhood is awesome).
    When did the murder occur and was it newsworthy? Like does everyone in town whisper about it when they walk by?

    If it wasn't recent, and isn't being gossiped about - I think it'd be worth about fair market value.

    If current event that was hyped up by the media - yes - I would expect a substantial drop in price, but depends on the market.

    Some neighborhoods near me would still demand their full market value - and get it.

    The incident occurred in October and was international news for a couple of days because of the man hunt for the son. When you look up property deed information the decedents still own the house, they are the only family that has lived there. The house was built and purchased in 2005. I was expecting to see it listed much lower or even just go up for auction.
  • JoyousRen
    JoyousRen Posts: 3,823 Member
    This is assuming, of course, that the house is fully and professionally cleaned and repaired to the point when you walk in there is no evidence that anything ever happened in the home.

    Ugh, the house would hold the memories, no amount of repair could truly conceal that.

    ^^ This. I fully intend to research the history of any home I intend to buy and I'm superstitious enough to burn sage periodically to clean the energy of my home. Yup. I'm that girl.
  • TheRoadDog
    TheRoadDog Posts: 11,788 Member
    It shouldn't affect the value of the house. Property value doesn't go down. Property taxes won't diminish. There's no such thing as ghosts or "negative energy".
  • Hellbent_Heidi
    Hellbent_Heidi Posts: 3,669 Member
    It shouldn't affect the value of the house. Property value doesn't go down. Property taxes won't diminish. There's no such thing as ghosts or "negative energy".
    Where do you live where property values don't go down? I don't mean in this instance..but in general (and in the recent economy)? Our value and property taxes have diminished in the past several years by a lot!
  • ket_the_jet
    ket_the_jet Posts: 1,257 Member
    It shouldn't affect the value of the house. Property value doesn't go down. Property taxes won't diminish. There's no such thing as ghosts or "negative energy".
    Where do you live where property values don't go down? I don't mean in this instance..but in general??
    I presume he means "true value" as opposed to "market value."
    -wtk
  • Hellbent_Heidi
    Hellbent_Heidi Posts: 3,669 Member
    It shouldn't affect the value of the house. Property value doesn't go down. Property taxes won't diminish. There's no such thing as ghosts or "negative energy".
    Where do you live where property values don't go down? I don't mean in this instance..but in general??
    I presume he means "true value" as opposed to "market value."
    -wtk
    I guess..and there are people who would buy it and not care...but I think most people would only consider a home with such a violent history if it was greatly reduced....
  • TheRoadDog
    TheRoadDog Posts: 11,788 Member
    It shouldn't affect the value of the house. Property value doesn't go down. Property taxes won't diminish. There's no such thing as ghosts or "negative energy".
    Where do you live where property values don't go down? I don't mean in this instance..but in general (and in the recent economy)? Our value and property taxes have diminished in the past several years by a lot!

    I meant to point out that the property value doesn't decrease based on the fact that there was a murder in the home. Property values fluctuate based on the economy, not ghosts.
  • Hellbent_Heidi
    Hellbent_Heidi Posts: 3,669 Member
    It shouldn't affect the value of the house. Property value doesn't go down. Property taxes won't diminish. There's no such thing as ghosts or "negative energy".
    Where do you live where property values don't go down? I don't mean in this instance..but in general (and in the recent economy)? Our value and property taxes have diminished in the past several years by a lot!

    I meant to point out that the property value doesn't decrease based on the fact that there was a murder in the home. Property values fluctuate based on the economy, not ghosts.
    Agreed.
  • AlsDonkBoxSquat
    AlsDonkBoxSquat Posts: 6,128 Member
    It shouldn't affect the value of the house. Property value doesn't go down. Property taxes won't diminish. There's no such thing as ghosts or "negative energy".
    Where do you live where property values don't go down? I don't mean in this instance..but in general (and in the recent economy)? Our value and property taxes have diminished in the past several years by a lot!

    I meant to point out that the property value doesn't decrease based on the fact that there was a murder in the home. Property values fluctuate based on the economy, not ghosts.

    Yes, but in some cases you're dealing with perceived value. The value of something can be deminished by perception, likewise the value of something can be exploded based purely on perception. Many people have a fear of death and will shy away from a property because of it. Homes where someone has died naturally requires no disclaimer and can be listed without divulging that information. However, when there's been a violent death on the premisis that's supposed to be disclosed during the purchasing process, and some people will then tend to shy away from the property. Perception is, afterall, reality.
  • blondebandbabe
    blondebandbabe Posts: 26 Member
    There is a law that requires the owners of a home to disclose if anything psychologically disturbing occured in the house. I saw a post that said there is no such things as ghosts, if you believe this the go ahead and buy the house....however, I would at least think some sort of discount would apply, maybe 10k.
  • TheRoadDog
    TheRoadDog Posts: 11,788 Member
    Well, if the "ghost discount" exceeds 40%, send me the listing.
  • chubbybunnee
    chubbybunnee Posts: 197 Member
    Just think, even if it doesn't bug you, when you go to sell the house you would need to legal disclaim that to everyone you try to sell it to and it is hard to sell a home like that. If you are keeping it for a long time and retire, then you probably don't have to worry as much and I would look at what similar houses in the area are selling for and then low ball them by asking THEM to pay all closing costs, a homeowners warranty, and that they take 10% off the purchase price. If I were you I would look at other homes and just wait for the price to go down unless you ABSOLUTELY HAVE to have it. But like I said, you see all the replies about how it's bad energy and bad luck, it's going to be that much harder for you to sell it when you are ready to move.
  • _Timmeh_
    _Timmeh_ Posts: 2,096 Member
    Would you live in a house where there was a brutal murder (institutionalized child brutally kills parents)?

    Hellllll no!

    Reminds me of Sling Blade
    slingblade_240_001.jpg
  • cobracars
    cobracars Posts: 949 Member
    I wouldn't care about owning it or living in it, I would just be cautious about the re-sale value when I have to sell it. For that reason I would probably find a different home to purchase, especially in the current buyers market that exists in the majority of the country.
  • fbmandy55
    fbmandy55 Posts: 5,263 Member
    I work for a real estate board and I can tell you I have enver seen a house listed for lower than it's value because of an incident that doesn't effect the structure, etc of the house. I HAVE seen a situation similar to this where the house goes into forclosure, then is listed lower.

    So who OWNS the house since the parents were killed? Does the bank now own it? if so I would think that could affect the price.
  • warmachinejt
    warmachinejt Posts: 2,162 Member
    Would you live in a house where there was a brutal murder (institutionalized child brutally kills parents)?

    Would you expect there to be a discount on the purchase price of the home? If so, how much (say regular price is around $250000)?

    This is assuming, of course, that the house is fully and professionally cleaned and repaired to the point when you walk in there is no evidence that anything ever happened in the home.
    Don't care for the price, that is creepy. Maybe if i didn't know about it?
This discussion has been closed.