If these walls could talk, oh the stories they’d tell.
The countless birthdays, graduations, holidays, and anniversaries celebrated under the roof. It’s these milestones in a house that make it a home, and home buyers look forward to creating their own memories. Sadly, not all memories created are happy ones. Occasionally, a death happens in a home, crimes may occur, or even a fire. While these unfortunate events happen I will not be delving into fires and crimes I will be focusing the issue of deaths in the home, and their potential effect of the sale.
Both buyers and sellers might be curious about the disclosure requirements of a death in the home. For example, in the state of Missouri, you don’t need to disclose if there was a death in the home, but you do need to disclose if the home was used a meth lab. The difference between these two is that one is considered psychological damage (a death), and the other (a meth lab) is physical damage. While it’s unfortunate that such events happen (death) in homes, buyers should not let such an occurrence be stigmatizing to the sale, and that’s probably why some states don’t make the seller disclose that type of information. All states are different when it comes to what a seller disclosure requirements. For example, in South Dakota, a seller must disclose that a suicide happened the previous year. Since all states have different requirements it’s wise to research and consult a real estate agent about your state’s disclosure laws.
If curiosity does strike and you find yourself wondering if the home you currently live in or thinking about buying has experienced a death you can check out: www.diedinhouse.com, for an in-depth report on a home’s history.
That’s the neat thing about homes, their history.