David Saks: Does Your Seller Need to Disclose Paranormal Activity In the Home?

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Does Your Seller Need to Disclose Paranormal Activity In the Home?

Are There Ghosts in Your Seller's Home ?

 

Is it necessary to disclose this to your buyer ?
With Halloween fast approaching it might not look good for you on October 31st if you close on the 29th and Casper shows up at midnight on the 30th.
In reality, I don't believe that there's any law in any state that would require your seller to disclose the fact that the seller believes that Jacob Marley lives in the attic.
Now maybe there's something that I'm missing here, but if Freddy Krueger shows up you might have to go to court for non-disclosure, if your buyer is still alive to testify.
 
Happy Halloween
&
Happy House "Haunting"
er, uh...
er...uh...Hunting.....
 



David Saks



Time&Temp Memphis

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Comment balloon 13 commentsDavid Saks • October 13 2014 10:40PM

Comments

Happy Halloween David a couple weeks early. I think some buyers may like the extra company of a friendly spirit.

Posted by Julie A. Black, CLHMS, CRS, GRI, Realtor, Broker (KAUAI DREAMS REALTY Kauai Real Property Specialist) over 5 years ago

Though it is true that you are not required...it can attract a buyer and there have been cases of notorious haunted homes that went to court for non-disclosure and while they did not receive a judgment against non-disclosure, they were allowed their money back and out of the contract...so perhaps it may pay in the long run to just put it out there. Cute Post!

Posted by Debbie Stolle (Integrity FIRST REALTORS) over 5 years ago

An old friend of mine made a niche out of marketing "haunted" properties. As Debbie Stolle said ther are buyers eager for this "special feature".

Posted by Kathleen Luiten, Kauai Luxury Ocean Home Sales (Resort and Second-Home Specialist) over 5 years ago

I tried to disclose this David Saks , but the ghost kept erasing it on the form!

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 5 years ago

I have a graveyard in the backyard of my home which was built in 1760 but so far I have not been visited by any of the inhabitants.

Posted by Pam Dent, REALTOR® - Charlottesville Virginia Homes / Horse (Gayle Harvey Real Estate, Inc.) over 5 years ago

David, Maybe no laws on the books but makes sense to give a heads up to potential new home owners. But then if you have a situation like Gabe Sanders....

g

 

Posted by Gloria Todor, & Doug Durren (484) 431-3686 in SE PA (Century 21 Absolute Realty ) over 5 years ago

David, I am also not aware of any specific required disclosure but can't image a buyer not wanting to know about it. 

Posted by Sam Miller, Knox County Ohio Real Estate Specialist (RE/MAX Stars Realty) over 5 years ago

Makes the value jump and worth more if Stephen King, another director, producer is looking for the perfect sticks and bricks.

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 5 years ago

The buyer would have a great time haunting for the perfect home, Sam.

Posted by David Saks ((retired)) over 5 years ago

As long as Freddy doesn't leave his glove in the director's chair, Andrew.

Posted by David Saks ((retired)) over 5 years ago

Julie, Debby, Kathleen, Gabe, Pam, Gloria, and Doug, happy house haunting.

Posted by David Saks ((retired)) over 5 years ago

Hi David - in California, we have extensive disclosure laws.  While there is not anything specific about haunted houses or ghosts, I advise sellers to disclose anything they would like to now know  about the house that they would have wanted to know when they were purchasing.   If it is commonly known(I like to call it the nosy neighbor syndrome a la Gladys Kravitz from the old Bewitched television show) the seller could be accused of not disclosing information that a buyer might consider important.   In my opinion, I would recommend they disclose.

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 over 5 years ago

I can see the legislature in Cal passing the "Gladys Kravitz Bill" for the Cal Real Estate Commission,, Michael.

Posted by David Saks ((retired)) over 5 years ago

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