|This article was published on: 12/01/2003|
LAW: Stigmatized Property
BY RAINE ZYGMUNT
The house where the murders took place on that quiet road in Connecticut was eventually put up for sale and went without offers in a brisk market until the listing expired. The new listing broker advised the owner to divulge the property’s history in writing. In time, a family moved in, giving the house a new chance to be nothing more than a home.
Zygmunt, a Connecticut real estate licensee, is the author of the mystery novel “The She-Wood,” a story about a real estate salesperson who must sell a stigmatized property. She now works as a referral agent for William Raveis National Relocation Management. You can reach her at RaineZ@TheShe-Wood.com.
For more on disclosure, order the REALTOR VIP® publication “Property Disclosures Pocket Guide” (Item #126-343-RM) by calling 800/874-6500.
Rumor doth double, like the voice and echo, the numbers of the feared.