Advice (SRiC I need your help)
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Originally Posted by BAN SUVS
I thought he lived with his parents or something.
Originally Posted by BAN SUVS
That's the best part, there's really nothing to fix except the part where you have to tell potential buyers about a murder. 

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i think it goes away after a while. there's a house behind mine where a woman died. the exact same floor plan on the same lot size is down the road a bit. according to zillow.com they're within a few grand of eachother.
it happened about 3 years ago, and a couple bought it a few months after that. they got a good deal.
it happened about 3 years ago, and a couple bought it a few months after that. they got a good deal.
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buy it
look at it this way. I you hold on to the house for a year or two then sell it you can put a down payment on a new house and you may have some money left over to buy car parts. I just bought a house that is so expensive I can't afford anything for my car but when I sell it in three years I will have more than enough for a down payment on a new house and car parts. Honestly I think I would be freaked out about the house but in the interest of making money I would deal with it.
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In Califorina the property owner must make notice on the Transfer Disclosure Statement if anyone died on the property within the last three years.
The problem with seller liability is the statute of limitations. In some situations, the buyer can sue the seller as long as four years after the buyer discovers the condition that was not disclosed. The buyer may not even discover the condition for years and years after escrow closes, and then he has as much as four more years to sue you. Thus, potential liability to the buyer for non-disclosure can lurk for a long time into the future.
The problem with seller liability is the statute of limitations. In some situations, the buyer can sue the seller as long as four years after the buyer discovers the condition that was not disclosed. The buyer may not even discover the condition for years and years after escrow closes, and then he has as much as four more years to sue you. Thus, potential liability to the buyer for non-disclosure can lurk for a long time into the future.
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Thanks guys, I'm still at ends with myself on this one, my wife has no problem with it but I feel a little wierd about the whole thing.
So, NYR, you're saying that even after the three years (which will be up in less than a year) if I sell it and don't say "oh by the way, somebody was murdered here" I could be sued for not disclosing it even though thre statute of limitations has passed?
So, NYR, you're saying that even after the three years (which will be up in less than a year) if I sell it and don't say "oh by the way, somebody was murdered here" I could be sued for not disclosing it even though thre statute of limitations has passed?
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Originally Posted by VIBEELEVEN
Thanks guys, I'm still at ends with myself on this one, my wife has no problem with it but I feel a little wierd about the whole thing.
So, NYR, you're saying that even after the three years (which will be up in less than a year) if I sell it and don't say "oh by the way, somebody was murdered here" I could be sued for not disclosing it even though thre statute of limitations has passed?
So, NYR, you're saying that even after the three years (which will be up in less than a year) if I sell it and don't say "oh by the way, somebody was murdered here" I could be sued for not disclosing it even though thre statute of limitations has passed?
From all the stuff I skimmed, "yeah pretty much". I'm more a criminal law guru in training, so don't take my interweb info as absolute truth. Always keep in mind local laws will very, the information I found was CA state law. What you can do in Sac-Town is not the same as Elk-Grove ect. So you should check up the local laws around in the location of the house just to be safe.


