Although the majority of Americans claim they do not believe in ghosts and spooks in the night, that doesn’t mean they are up for a buying a haunted house. According to survey results from Realtor.com, 38 percent of potential homebuyers say they would not purchase a house that is believed to be haunted, reports The Wall Street Journal on October 17.
Of the 62 percent who say they would consider buying a house with a haunted history, 75 percent of them would expect to pay less than market price due to the stigma associated with the property.
While some states require sellers to disclose any haunted activity associated with the home, many do not specifically address paranormal activity. More commonly, states require disclosure if the home was the site of violent crimes such as murder or suicide, as it is considered stigmatized property.
Buyer reaction differs among people. Mike Hunter, a real-estate agent with William Raveis Real Estate in Sudbury, MA told the Wall Street Journal that 90 percent of prospective buyers pass on a house when they learn it is reportedly haunted.
The type of haunted activity that has occurred in the home directly influences a buyer’s decision to purchase the home, says the Haunted Housing Report by Realtor.com. While only 60 to 63 percent of buyers would pass up a great real estate deal if the paranormal activity included seeing apparitions, hearing noises, experiencing weird sensations and objects moving from one location to another, 75 percent say they would not buy a home with reports of levitating objects.
While many buyers shy away from allegedly haunted houses, some buyers enjoy the intrigue of buying haunted property and are thrilled to learn they may have permanent guests.
To determine if disclosure of a haunting is required in your state, contact your local realtor association.
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