Updated almost 9 years ago on . Most recent reply

Varinder KumarPoster
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- Real Estate Broker
- LA & ORANGE COUNTY CA -Multi Family
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Death in home, below market list price
Theres a property that i am interested in investing in. I can go two ways wit it. Either buy and hold or flip it. Its listed about 80k under market value and probably needs about 20k of rehab. The only caveat that someone died in the home recently. They are motivated to sell, im just wondering how this can affect my ARV value? Anyone with experience with purchase?
Most Popular Reply
California has a 3 year rule for disclosure but excludes aids .Generally if its not a violent murder etc it should not effect value People dying is a fact of life many die their homes Nevada and many other states we do not have to disclose it