Posts Tagged ‘education’

Haunted Houses

November 1, 2016

Spooky OOky Homes. I was looking around to see where I might find haunted houses in the area. I found several where gruesome murders had occurred. Since I am precluded by law from stigmatizing a property I will not, cannot discuss these homes. Or Haunted ones. Go online you will find them.

Per Realtor.com “Stigmatized properties are homes where a real or rumored event occurred that didn’t physically affect the property but could adversely impact its desirability.” That is where the courts have said that by disclosing such information will put a home in such an unfavorable light the value is adversely affected, price goes down. Both for a seller or a tenant. Some examples would include homes that are haunted, where murders have occurred and someone has died naturally or by suicide. Serious illness, such as aids, cult activity and famous adulteries are also considered stigmatizing. I say if you need to know, talk with the neighbors.

So, keep in mind, these things do not need disclosed. How about you? Could you live there? I think there is a buyer for every home. I also think someone would pay a premium for that opportunity. Not me mind you however there is always a buyer willing to buy, cost is always the issue. Time is also an issue. If the home was in the news it can take longer to sell. The mansion where the Manson Murders took place reportedly took 20 years to sell however it sold for market value. Hmmm I think I would rather have bought the Playboy Mansion. Of course, the Playboy Mansion was about 20 times the cost however it does come with Hef. According to a 2000 study from Wright State University of stigmatized homes, these home tend to sell for 3% below value and take 45% longer to sell.

It was fun looking at the homes and reading the stories behind the “haunting”. Some were gruesome murders, I would just as soon not read those stories in detail. For me the funny ones were the bars where patrons and staff had seen visions. Could be the drink I think. Still makes me smile. Have a Happy Safe Halloween, Richie Rich

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School Has Begun

September 6, 2016

Hello Everyone, SCHOOL HAS BEGUN, there will be traffic delays, people running late. School buses will be making stops. Don’t forget to stop yourself when the bus does.

Also remember that our police officers will be out helping us to remember to slow down in school zones. As we all should. There will be new drivers on the road, new kids in drivers ed wondering, should I change lanes or not. Please try and be patient and not have a road rage incident.

I myself will be trying to say kids, kids, kids every time I stop at a stop light or red light before I turn. Just trying to remind myself that the munchkins will be out and about and I need to raise my level of awareness.

All of this is a great reminder that summer is winding down and fall is about to arrive. I certainly enjoy the cool mornings; just wish the smoke was gone. Summer has been great and I am looking forward to fall, soup and stew, football and futbol.  How about you?

Real Estate is still doing well. Homes are still selling, rates are low and life is good. As we begin the fall rituals keep in mind there is still plenty of time to enjoy your backyard spaces, start planning fall projects or just kick back and relax like a sleepy old tick hound on the front porch. All the Best Richie Rich


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