Distressed Properties: 10 Houses Worth Considering When Buying

haunted house

When it comes to buying property, the often repeated phrase is location, location, location. And while these three words are definitely worth living by if you can afford to, if you are really on a budget, there are ways to get houses on a discount that make them undesirable to many people, but may not necessarily make them a bad option for yourself. That is by looking for distressed properties — those properties that are in perfectly good shape, but have something about them that may turn off potential buyers.

Considering distressed properties can be an excellent way to get a house in an area where you might not normally be able to afford it. While this certainly isn’t for ever

...

[Continue Reading at SavingAdvice.com]

This entry was posted in Frugal, Housing, Personal Finance, Saving Money and tagged , , , , , , , , , . Bookmark the permalink.

4 Responses to Distressed Properties: 10 Houses Worth Considering When Buying

  1. Sara says:

    Are you kidding me?…Kids will have access to better schools??? Buying a house for cheap regardless of the potential hazards (especially to your children – ie. demons, spirits, hauntings) is NOT worth it. Watch a few episodes of Paranormal State or Psychic Kids and maybe you’ll change your tune on that particular point – even if you are NOT a believer, the risks are documented and you cannot refute the evidence. Also, houses near power towers are NOT safe and there is probably over a hundred studies showing a higher incidence of brain related disease – including increased or sudden increase in migraines, brain cancer, etc….I just think these two points, in particular are a little naiively presented and should not be so loosely promoted as ‘perfectly safe’ because they’ve been sanctioned. THey’re NOT. They’ve passed a bare minimum.

  2. Edith says:

    umm, Sarah, you do realize that ghosts, demons and spirits are not real? And that the shows that you mentioned are totally faked for entertainment reasons? The way that you reacted is exactly why that type of house is a great deal.

  3. Arturo says:

    How do you know they’re not real? It’s just as easy to prove something wrong than to prove it right. By the way Sara is right in that it wouldn’t be good to buy a house close to a place that had hazardous materials for example. This places could not be good for your family’s health

  4. Edith says:

    The same way that I know that faries and unicorns aren’t real — there is no scientific proof of them.

    Of course it wouldn’t be good to buy a house that would cause problem, but the scientific community has concluded that power lines don’t cause these issues: http://www.who.int/mediacentre/factsheets/fs322/en/index.html

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>