Stigmatized properties are the ones which may include the unnatural death of an occupant like murder, suicide or belief that it’s the haunted house. Most people just consider other factors before the purchase of the property such as the location, price, land papers and many others. They don’t inquire about the property about this aspect that is the property stigmatized? Although the probability of your property being stigmatized is quite low, even then you should look into this aspect before buying.
Here are certain types of stigmatized properties listed below-
1) Criminal Stigma- The property may have been under the scene of the brothel, drug lab or other major criminal event or presence like a sexual assault.
2) Debt Stigma- It is the type of stigma in which previous owner of the property owed money and still have not cleared the debts due to which they have been pursued by debt collectors whether legally or illegally.
3) Murder or Suicide Stigma- The property may have been under the suspicion of any suicide or murder which might be known by locals living nearby to that house.
4) Environmental Stigma- This might include any safety or health issues such as being in close proximity to chemical or toxic waste.
5) Phenomena Stigma- This stigma includes when a property is under the influence of any paranormal activity. It may be a haunted site claiming the ghosts are inhabited or could be any other preoccupation by any good or bad soul.
6) Other stigmas- This shall include the proximity to unsound or violent neighbours or could be a property which has a stigma for a specific group of people.
How could you avoid buying a stigmatized property?
Before the purchase of any property, it is more important to find out the reason for the property you are going to buy that why it is being sold? The reason could be any, be it the kids have grown up or maybe the owner’s job has been transferred. If the reasons you find out are legitimate, you can never get mistaken in the purchase of such a crucial thing as it is one of the biggest things in one’s life which many people buy it from their hard earned money.
Being upfront with the seller’s agent is another important thing to do in which you should not hesitate. Ask them about all the things that you need to know about that property, you should not miss on even a single thing.
After asking the seller’s agent, the best and the most reliable way is to ask the locals or neighbours who are the residents on that street or nearby your (about to buy) property. Ask them about the property history. They will always tell you the truth and you will not be misguided.
Always make sure the inspections that you do, should be done in the initial stage or pre-settlement stage. It should not be done after settling out a certain amount as it could arise a conflict between you and the owners of that property.