Buying a home
Buyer’s boo-ware! Are you buying a haunted house?
31 October 2018
Buying a home is not a decision you should take lightly, and it almost goes without saying that there are a lot of factors that go into the purchasing process. However, there’s a consideration that might not ever cross your mind when you’re trawling real estate websites and heading to open houses … is your potential new home haunted?
In Australia, sellers must disclose if a home is haunted.
The law states sellers must share information that might be considered a “material fact” i.e. anything a reasonable buyer might find important… so, naturally that includes any ‘spooktacular’ activity.
In New York, 1991, one homeowner was sued by a buyer. He signed a contract before he knew about the extra ghoulish guests. The case (Stambovsky vs. Ackley) was known as the ‘Ghostbusters’ ruling. And the judge eventually ruled in favour of the owner, stating it was public knowledge, since the owner had previously shared her story in Reader’s Digest and newspaper articles.
So if you’re searching for a boo-tiful new home, make sure you ask the right questions. Otherwise you might end up with some unexpected roooooomates.
Don’t worry, buying a house and exploring your home loan options doesn’t have to be scary.
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