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NEW WEBSITE UNCOVERS DETAILS OF DEATHS IN PROPERTIES ON THE MARKET
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With Halloween just around the corner, one American website has joined in on the fun (or not) by launching a property portal with a morbid twist.
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DiedInHouse.com provides details on whether anyone has died in a home that is on the market, either for sale or to rent. The $11.99 (around £8) report gives the date of death, the cause and information about the deceased.
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“In most states, a death in a home, no matter how it occurred, is not considered a material fact and it’s not required to be disclosed. A murder could have occurred days ago and the seller does not have to let you know.” – DiedInHouse.com
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“A death in a home, especially a violent death, can decrease the home’s value by 25% and increase its time to sell by up to 50% longer than comparable homes.” It asks: “Would you want to know that a murder, suicide or even a bizarre death occurred at the property before you sign the contract?”
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In the UK, we have Consumer Protection from Unfair Trading Regulations (CPRs) that mean agents must disclose certain details, for example a murder.
However, the American website believes that people “may not want to live in a house where someone has died, no matter how they have died”.
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But it also points out another side: “If you do not mind either way, a stigmatised home can be a bargain and the information can be used as leverage to negotiate a reduced price.”
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Could something similar launch for the UK market? And would you mind moving into a home where somebody had died?
Visit the site here: http://www.diedinhouse.com