Reply to making offer on house--registered SEX OFFENDER nearby

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. So it sounds like you are saying its not a matter of a price reduction, but its more you either bid or you won't?[/quote]

Why are you so hung up on the "price reduction".   Either you think this SO is a threat to your kids, or you don't.   If you think he is such a threat that you want a "price reduction", you're basically putting a price on your kids safety.   "If the house is $500,000--I'm not willing to let my kids get raped by this SO.   But if you lower the price to $450,000, I'm willing to make them a target of a sexual predator"--Is that what you are thinking?[/quote]

I think what the OP is suggesting (and I think there's truth to it) is that sex offenders can bring down the value of the house.  I do think that an area with a high number of sex offenders will probably see a decrease in property value.

BUT the problem is that it doesn't necessarily make it a negotiating point, for the same reason as a bad school district doesn't become a negotiating point -- because it brings down the values of *all* the houses in the neighborhood.  So, the comps of recent sales in the neighborhood should still be valid.

But don't shame the OP for asking!  Of course, you're going to be concerned if something is going to hurt resale.  But the easy way to go about this is to pull comps from the neighborhood (i.e. houses that are in the same vicinity of the sex offender), and use those comps as a basis for negotiating, without even having to mention the sex offender thing.  If the house is already priced well in relation to comps, then it's all a moot point!

But otherwise, I don't think that even legally a real estate agent is allowed to discuss sex offenders (it's kind of like discussing crime or section 8 housing or even schools, which I guess realtors still do anyhow, even though they're not supposed to).  There are databases and resources for people to check.   Other than that, use comps and actual features of the property to negotiate price.

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