Devoted to real estate, real estate agents, and all things property related

At first glance this seems like an easy "No thanks" for the following reasons. I would not purchase the property due to the fact that its located in such a small town. In larger areas a property can shed its stigma over time as property turns over and new people move into the area. In this case, if its rumored the property is "Haunted" that may last for generations. But after looking it over again the question is what type of market are you in? Scott Peterson's (accused murderer) home sold for a premium due to the stigma. So bottom line, know your market. And remember just because the Realtor priced this atypical property below the typical market value, doesn't mean that buyers aren't willing to pay a lot more!

If I lived in the area I'd take it if it passed inspections,etc. because it appears to be a good deal. I wouldn't let what happened in the past negatively affect a possibly good investment in the future.

I would research more about the crime. If it was a murder-suicide, then I would probably buy the house because the equity would probably be a "true" thing. If someone came into the house and murdered its occupants, then neighborhood safety issues would come into play (was it a neighbor, a random intruder, a relative)? I would then have more questions and do more research on crime in the neighborhood. How good would the equity be in this case? I would say, "not very good." What if I wanted to sale the property in a year or so, or rent to someone? Equity is a major concern for me, not "hauntings."

I would probably pass on a "haunted" property. I would instantly feel bad vibes when walking up to the property, then to actually live in it would be traumatizing. It makes sense that the property value is so low.

I would be afraid to buy the home. I know I would not live in it and I feel that there might be a problem selling it. I would look for another deal.