From the article:
Once filled with warmth, a baby’s laughter and the promise of good things to come, a townhouse in Woodland Park sits cold and empty, with drawn shades and crusted snow on the walkway.
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The court system will now need to discharge the residence in a probate proceeding, likely to her family in Idaho.
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As with other residences where a homicide, another felonious crime or a suicide occurred, the home could carry the label of a “stigmatized property,” should it be listed for sale or leased.
The real estate term is defined as anything about a property that causes a negative opinion about it.
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Reporters and television crews have banged on windows and doors, to the point that residents now call the police whenever someone comes knocking.
“The police are here in 1-2 minutes,” the resident said. “We’ve been bothered so much.”
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If a seller requests that such a fact not be disclosed, however, a Realtor must abide by that order.
Stigmatized properties sometimes sell for less than market value, but that’s not always the case, Harper said.
Many people simple aren’t bothered by what happened in the past, unless say, there’s a physical reminder, such as a lingering odor.
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Berreth’s family could decide to sell the home immediately or not sell it at all.
Sometimes sellers just want to get rid of a property, Harper said, because of feelings or memories tied to it.
In that case, “It’s really a seller’s stigma and not a buyer’s stigma.”
[…]