Friday, October 30, 2015

Me and the squad on the hunt for tacos


Consider this- You have just bought your dream home in a fantastic neighborhood. Delighted by the  great deal you got on your home you decide to throw a neighborhood BBQ. Whilst mingling with your rad neighbors one turns to you and comments "I can't believe you bought the murder-suicide house!". Excuse me? You think hard, but you don't recall anyone mentioning a murder or a suicide that took place in this home. Furious you call your agent, who agrees that this information was not disclosed by the seller.

Ain't nobody got time to live in the murder suicide house! What do you do now? Sue the sellers? More importantly what does the law say you can do? Well for all my Arizonites, nothing.  What? :0  Believe it, it is not required to disclose a murder or a suicide that took place on the property in the state of Arizona 

ok...what is required to be disclosed?

A seller in Arizona is required to disclose important material information regarding the property that the seller actually knows about. Some things this would include are...

*Private/public airports
*Faulty plumbing
*Cracked foundation
*Special tax assessment areas
*Superfund sites
*Flood hazard area
*Military airports
*Expansive soil

What is a seller not required to disclose in Arizona?

*Whether there is a registered sex offender living in the area
*Suicide
*Natural Death
*Murder
*Any felony committed on the property
*Any disease that is not known to be transmitted through common occupancy of real estate

So what do you do if you want to buy a home that isn't next to a registered sex offender or was the scene of a crazy murder? Do your homework. Check out the registered sex offenders list. Talk to the neighbors! You will gain a wealth of knowledge regarding the property in question. Chances are, you'll learn more than you actually needed to know. Gotta love neighbors!

To tie all of this in I have a ghost story for you told by an instructor at the Arizona School of Real Estate and Business....

" A client and I were looking at town homes in north central phoenix. We found a townhouse that my client really loved.While we were there looking at the property the owner came home. Both my client and the owner were single mothers and really hit it off. We spent the next thirty minutes chatting with the owner about schools, and the area in general.

My client had brought her eight year old son. Who was upstairs the entire time. It was getting late and we decided we should go. On our ride back we talked about making an offer on the home. After a while of driving my client turned to her son sitting in the back and asked him what he had been doing the entire time they were there. He replied that he was playing with Timmy upstairs. I had never heard of a Timmy, but I figured that the owner must have had a son that came home the same time she did and was upstairs playing with my client's son.

I later called the sellers agent to discuses HOA fees. While on the phone I asked her about Timmy. She didn't seem to know him either. I told her to keep her fax machine on (back in the days of fax machines) because my client really loved the property.  A few minutes passed after our conversation and the agent calls me back and says "Tony, there is something I need to tell you". She goes on to tell me that the owner had a son, named Timmy, that had committed suicide.

Needless to say my client wanted to get as far away as possible from the property and we ended up finding her a home in Glendale, over an hour away from phoenix."

Now, on the flip side if you are currently living in a house that is notoriously haunted and want to sell. No worries! There is a market for that.

For example a few years back an article was in USA TODAY about two brothers that were flipping homes in Sacramento. They boasted of their record of never having one of their flipped houses on the market for more than three days. Their secret? They advertised the properties as being haunted. Go figure. Eventually they ran into problems as one of the buyers claimed to be clairvoyant and sued the brothers saying that the house was in fact, not haunted. Of course the courts would never be able to prove if or if not the house was occupied by a ghost. The brothers came clean and said it was gimmick.

THE DISCLOSURES LISTED ABOVE MAY OR MAY NOT BE REQUIRED IN YOUR AREA. IF YOU HAVE QUESTIONS REGARDING THE LEGALITY OF DISCLOSURES CONSULT A LAWYER OR YOUR REALTOR. I AM IN NO WAY SHAPE OR FORM A SUBSTITUTE FOR A LAWYER AND DO NOT PRACTICE LAW. IF A MURDER/SUICIDE (OR A HAUNTING!) IS SOMETHING THAT MAY SWAY YOUR DECISION ON A HOME ASK ABOUT IT!

With that I take my leave! Happy Halloween everyone, be safe!

xoxo,

Cindy

PS.  Tony Cox is an accomplished, seasoned Realtor with over seventeen years of experience. He grew up in a Real Estate family, which is where he first gained interest in joining the business. Tony is also a real estate coach and a speaker with Workman Success Systems .When not selling houses or coaching he can be found enjoying some of his hobbies which include; hiking, hot yoga and astronomy. You can reach tony at:  tony@workmansuccesssystemscom

PPS. Today's post title was brought to you by me but inspired by Hocus Pocus. Whenever I see this clip I think to myself "Me and the squad on the hunt for tacos" (or any other delicious food)


Here's a clip from the movie. Bette Midler is beyond fabulous


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