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Updated almost 10 years ago on . Most recent reply

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Bob H.
  • Rental Property Investor
  • Cedar Park, TX
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Do you trust meth remediation?

Bob H.
  • Rental Property Investor
  • Cedar Park, TX
Posted

I am considering buying an old house in Colorado that has undergone methamphetamine remediation. If I bought it, I would rehab it and use it as a vacation home and rental.

It seems that some people don't trust remediation efforts to fully remove health hazards -- even if the remediation procedures follow state law. Aside from health threats, there also is the economic danger that a stigma of previous meth activity would make the property harder to rent or sell.

If you have experience with such a property or have expertise in remediation, I'd like to hear your thoughts. Would you move into a house that had meth remediation?

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

I would not personally live in one.

I also would not buy one that had undergone remediation as an investment.

Whether or not it was properly done you would need to disclose that it was done and that will turn off some buyers and renters.

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