Would you buy a house someone died in? Are you facing this question? Let’s look at this and help you get to an answer you feel comfortable with.
Man, this morning’s radio shows were off the hook! There were TWO really interesting convos going on at different stations so I’m gonna post one up today, and then the other in a few days ;)
Today’s question is brought to you by sir Elliot In The Morning – the king of talk here in DC. And the crazy who WOULD live in a house where someone passed away! Even if they were outright murdered! That guy’s got balls. And dreams of steel too – I couldn’t do it. *Maybe* if the previous occupants died of old age, it wouldn’t be as scary, but even then it gives me the heebie jeebies.
But what if you could get a house at a bargain?! Say, instead of $250k you can pick up a jaded house at $200k? Or $150k? Would the price eventually win you over?
Would You Buy a House Someone Died In? Let’s Look at This From All Angles
I think there are a lot of variables to consider when asking the question, “would you buy a house someone died in.” Here are the biggies that come to mind:
Are you afraid of ghosts?
This has to be number one when looking at this question about would you buy a house someone died in? Or a better question, do you BELIEVE in ghosts?
Cuz if not, then you wouldn’t be haunted or creeped out every time something creeks in the middle of the night ;) I get freaked out pretty easily so it’s an automatic sleep depriver for me. That, and I happen to believe in ghosts because I’ve actually SEEN one with my very own two eyes. You probably don’t believe me, and that’s okay – no one does until the day they come across one themselves – but when you experience something like that it tends to open up a world of possibilities. Remember how I used to live on an old Civil War campground? Well, we believe he had something to do with that. I did dig up a lot of artifacts after all :) It was a kid-ghost too, so I like to think he was just coming to find his belt buckle, haha…and on the plus side, I now believe in “nice” spirits! (we can talk about this later if anyone’s interested. I can go on and on.)
Do you believe in bad luck?
If someone died in that house right before you, do you think YOU could be next? Elliot got on this whole kick to begin with ‘cuz a beloved principal person who had moved into a house like this here in Silver Spring, MD recently died in the same house too! Police were saying it’s the first time in like 30+ years this has happened. There didn’t seem to be any connection to the deaths, but you gotta admit it’s pretty strange. On one hand you can argue that if someone died in there once, the odds it would happen again are slim to none so you should be golden! But on the other hand, if it’s a super un-lucky house, then maybe it attracts such occurrences? And we’re talkin’ about middle-class neighborhoods here, not the projects. Which brings us to the next variable.
Where is this place located?
When the call lines were opened, a number of people called in to share their own experiences in relation to the question would you buy a house someone died in. One in particular said that he was checkin’ out a place in a not-so-nice area that was a HUGE bargain (like, $50k I wanna say. Which, in the DC/MD/VA area is incredibly cheap). It was a foreclosure and pretty much boarded up. But here’s the nasty part, when he opened up one of the closets a body fell out! A BODY!!! Needless to say he didn’t buy it, but my word. The next caller said that was fairly common in the lower class areas because it was a perfect place for drug dealers to drop those who crossed them or couldn’t pay up. (Am I freakin’ you out yet?) My point though is that location matters. If we’re talkin’ about an area where crime is high these deaths may not phase you. If it happens right down the road from your million dollar estate though, you’re gonna be thrown. At least for a second.
What is the PRICE?
I tend to think that everyone has a price tag for *something*. I’m not saying that’s good or bad, but usually when it drastically swings one way or the other people seem to cross that border more ;) I can tell you to your face I wouldn’t spend $500k on a haunted mansion, but if you hit me with $50,000 it’s going to be much much harder to turn down – not taking “flipping” into consideration, of course. I’d take that transaction in a heart beat! But if I had to LIVE there? Toughie.
But that brings up another question…if real estate is an investment and thus a business transaction, you’re supposed to keep the emotions out of it right? Based on price alone it would be stupid NOT to pick it up. So it would also depend on why, exactly, you’re looking to buy. You might not want to live in it, but as a rental property it may be worth it (which brings up yet another question – do you TELL prospects about the history?)
How’d they die?
We already touched on this a little, but I think this goes up there along with price in the top 2 variables of consideration. If someone died accidentally, or of old age, I’d imagine that changes your views. But if they were shot/committed suicide/anything else equally as horrible, it may be enough to scare you away for good. Another interesting question Elliot brought up was if the home owner did die, but he/she did so out of town – say, like on a vacation or something. So basically it didn’t happen AT the house. Does that change things? Cuz if we’re takin’ it to that level pretty much every house would fall into this category, yes?
Okay, I’m gonna stop there :) This very well may be my most morbid post yet! And it scares me that I can keep on talking about this as if it were anything else. Haha…guess I’m just fascinated by this one. So help feed my intrigue by telling me what YOU think! Would you buy a house someone died in? Or are you much more mature than I am? I want stories.
(Creepy photo by GenBug)
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!