Buyer Backed Out Due to Powerline Nearby

Buyer Backed Out Due to Powerline Nearby

Real Estate Investor · Southern CA · Member since 2013 · 86 posts · 41 votes

Well, my partner and I just got word that our buyer backed out of our flip property today because they found out that there is a powerline near the house and they have a newborn on the way. They did research and found out that it isn't safe to raise children around a powerline. Guess it's back to the drawing board. Has anyone experienced this?

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J ScottPro Member
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Investor · Sarasota, FL · Member since 2008 · 18k+ posts · 17k+ votes
12y
Originally posted by Dean Letfus:
Without wanting to get off Denises topic it is fascinating that this issue, whilst not conclusively "proven" are decades of studies is still something almost every government in the world warns people about. I guess they are all avoiding getting sued if the hammer ever falls.

Given the obesity problem in this country (U.S.), it's difficult to believe that most people really care about their health very much...they won't live near power lines, but give no second thought to the bacon double cheeseburgers...

Sorry to continue taking this thread off-topic... :)

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  • Investor · Deerfield Beach Florida and Tupper Lake, N.Y. · Member since 2013 · 307 posts · 118 votes
    12y

    My wife and I have heard similar things. Here in Florida, (maybe everywhere), you can hear the power lines crackle sometimes. We have opted not to buy homes because of power lines in the back yard.

  • Specialist · Memphis, TN · Member since 2012 · 1k+ posts · 1k+ votes
    12y

    In New Zealand the government retains all land under lines it is impossible to build under them. The health issues are many and "proven". In fact you can walk under high voltage lines with a flourescent tube in your hands and it will glow. Imagine what its doing inside your body :-)

  • Investor · Louisville, KY · Member since 2011 · 331 posts · 278 votes
    12y

    Most studies attempting to link power lines to cancer clusters or other increased rates of disease show little to no causation. That being said, there is nothing you can say/do to avoid or assuage fears. Get the house back on the market and move on. You got a contract once (hopefully quickly), there is a good chance you'll get another one (hopefully quickly also).

  • Rental Property Investor · Upstate, NY · Member since 2012 · 3k+ posts · 3k+ votes
    12y

    Don't worry........these same people refuse to have granite because it's radioactive.

    We have new homes going in against a large power line right of way & they are selling quickly.

    The funny thing is one home had what looks like Al foil on the windows facing the wires. We assumed it's the same stuff they use in vehicles to protect against the direct sunlight until they installed curtains :)

  • J ScottPro Member
    Moderator
    Investor · Sarasota, FL · Member since 2008 · 18k+ posts · 17k+ votes
    12y

    Whether well founded or not, there is a significant segment of the population that will choose not to live near high-voltage lines. Your job is to determine how big of a segment that is in your area (will depend on lots of factors), and then determine if you're comfortable trying to sell a house where the buyer segment is that much smaller than the total buyer pool.

  • Real Estate Investor · Southern CA · Member since 2013 · 86 posts · 41 votes
    12y

    @Dean Letfus Oh my, that sounds scary!

    @Erik Hitzelberger Did not get the house in contract quickly. It sat for a while =( That's why it was such a bummer when they backed out. It's a beautiful home in a nice area.

    @J Scott I will keep that in mind when searching for our next deal, thanks =)

  • Rental Property Investor · Mercer Island, WA · Member since 2008 · 22k+ posts · 14k+ votes
    12y

    Unfortunayely this is one of those "defects" you can't fix. It will affect the value of the house. From your "it sat for a while" comment it seems like you may not have accounted for the effect on the value when you started this deal. I've been there with a house on a busy street. Not much you can do at this point but to price it right, take your lumps and move on to the next deal.

  • Investor · Southeast, MI · Member since 2012 · 2k+ posts · 1k+ votes
    12y

    I notice that when I drive under the power lines while listening to a radio station from far away, it gets very fuzzy and scrambled. Makes me wonder what it does to your brain if you live right near it........

  • Real Estate Investor · Southern CA · Member since 2013 · 86 posts · 41 votes
    12y

    @Jon Holdman Being our first flip, we did not account power lines to be an issue, now we know =) It's a lesson learned! We have lowered the price and hope it sells quickly, ready to move on to the next deal =)

  • J ScottPro Member
    Moderator
    Investor · Sarasota, FL · Member since 2008 · 18k+ posts · 17k+ votes
    12y
    Originally posted by Rob K:
    I notice that when I drive under the power lines while listening to a radio station from far away, it gets very fuzzy and scrambled. Makes me wonder what it does to your brain if you live right near it........

    It's called electromagnetic wave interference. Imagine a wave moving through a pool hitting another wave moving through the pool -- once they collide they both look and act differently than they each did before they collided. Same when a radio wave passes near a high-voltage line -- the radio signal gets changed, and the receiver in the car doesn't know how to parse the changed signal...hence the static.

    Btw, if you put your cell phone near your car's radio receiver (antenna) and get a phone call, that will temporarily scramble your radio signal as well.

  • Specialist · Memphis, TN · Member since 2012 · 1k+ posts · 1k+ votes
    12y

    Without wanting to get off Denises topic it is fascinating that this issue, whilst not conclusively "proven" are decades of studies is still something almost every government in the world warns people about. I guess they are all avoiding getting sued if the hammer ever falls.

  • J ScottPro Member
    Moderator
    Investor · Sarasota, FL · Member since 2008 · 18k+ posts · 17k+ votes
    12y
    Originally posted by Dean Letfus:
    Without wanting to get off Denises topic it is fascinating that this issue, whilst not conclusively "proven" are decades of studies is still something almost every government in the world warns people about. I guess they are all avoiding getting sued if the hammer ever falls.

    Given the obesity problem in this country (U.S.), it's difficult to believe that most people really care about their health very much...they won't live near power lines, but give no second thought to the bacon double cheeseburgers...

    Sorry to continue taking this thread off-topic... :)

  • Rental Property Investor · Upstate, NY · Member since 2012 · 3k+ posts · 3k+ votes
    12y

    Given the obesity problem in this country (U.S.), it's difficult to believe that most people really care about their health very much...they won't live near power lines, but give no second thought to the bacon double cheeseburgers...

    Sorry to continue taking this thread off-topic... :)

    .... not to mention the concentrated EMR from cell phones irradiating the temporal lobes of most :)

  • New York City, NY · Member since 2013 · 105 posts · 16 votes
    12y

    That is unfortunate Denise. I too have had this happen to me and it's annoying. Everyone has their own thoughts and views so you just have to roll with the punches and keep going! Lower the price (like you said), sell it, and move on!

    Best of luck!!!

  • Investor · Middleboro, MA · Member since 2013 · 19 posts · 2 votes
    12y

    go hold a florescent 48" light bulb high up vertically under the power lines :)

  • West, MI · Member since 2012 · 674 posts · 182 votes
    12y

    But all the studies paid for by the electric transmission people say it's safe........... So it must be then

  • J ScottPro Member
    Moderator
    Investor · Sarasota, FL · Member since 2008 · 18k+ posts · 17k+ votes
    12y
    Originally posted by John Ewas:
    go hold a florescent 48" light bulb high up vertically under the power lines :)

    There's a big difference between voltage and current. Florescent lights require very little current to glow. When your other electronic devices start to work under the lines, then you should be worried.

  • Investor · Raleigh, NC · Member since 2013 · 1k+ posts · 708 votes
    12y

    I'm in camp of those who say "despite a lot of research, there is not much real science that links power lines to health effects". That said, when it comes to selling your house, @Denise Madrid , it doesn't really matter what anyone thinks about it, other than the potential buyer. On the upside for you, this seems to be a topic that many people worry less about now than they used to 20 years ago. Kind of similar to other situations, like microwave ovens. I know tons of folks who refused to use microwave ovens back in the 70-ies or 80-ies because they were convinced that the radiation will poison your food and give everyone cancer.

    Incidentally, Government recommendations in health matters have an extremely spotty record, in my opinion. While no doubt well intended, they are certainly not always reliable/accurate.

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