Selling a home can be challenging even in the best of times. The various obstacles you have to overcome to get a house sold tend to motivate sellers to put their best foot forward, which is understandable.
Every seller wants to sell – as quickly as possible and for as high a price as the market will bear.
But what happens when you are selling a home that carries its baggage – like a home where someone committed suicide, was murdered, or a home that is known to be haunted by paranormal activity? If you are one of the owners of such a house, it is vital that you be aware of the laws in your state concerning disclosure.
You are selling what is known as a stigmatized property, and you may (or may not) be required to disclose the unique issues about your home to buyers before you make a sale.
Therefore finding out from your real estate agent or attorney if revealing haunted homes, paranormal activity, murder, and suicide at your property are necessary becomes paramount!
Getting sued is probably not something most people want to experience. Real Estate agents and homeowners should always educate themselves on what their responsibilities entail.
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