Is the location spectacular?
Did the homicides all occur at the same time?  (out of my warped curiosity)
Is there future development that could make this dirt valuable?
Can the property be connected to sewer?
If not, is there room for a new septic and leachfield?
Yadayadayada . . .
It MIGHT raise concerns. It might not.

for the right price, everything is sellable..... it wouldn't matter in my area.... Whitey Bulger has bodies buried everywhere....in many, many towns.... 

It's totally the buyers' call - hopefully they'll do the demo on that house! Get rid of the bad mojo!

Did they find the weapon and more importantly the killer? If they have not found the killer and all these murders occured on seperate occassions I do believe I'd pass on this one.

It's up to the buyers. i know some buyers that i worked with would feel right at home there.

I would have absolutely zero concerns about my buyer purchasing that property or any other. As long as everything that must me disclosed, is disclosed, then there is no need to worry about it. For example, the fact that four homicides occurred there is not something that we need to disclose in Florida. But the septic issue and some of the other things mentioned should be disclosed.

I also might add that this also depends on the buyer. If the buyer is one of my normal, educated investors then there is never a concern. If the buyer is someone that I do not know then I will make sure to spend more time investigating and educating. But when it comes time to write it up, I have confidence that my client know what they are getting in to. 

Nope. Could be an excellent investor opportunity.

I would have signatures on all paperwork confirming that the buyer was fully aware and in light of the information, has freely made the choice to purchase.

Rough neighborhood.

Depends on the buyer and what they were going to do with the property.

What Candice A. Donofrio said. At the right price there is a lid for every pot.

Ugh!

The part about the four homicides would have me checking with local law enforcement. I would want to know what it is about this property that attracts murderers. 

Nope, there beliefs will guide them on that.

I showed a home with a triple homicide in it my first year in San Diego.

No, they didn't buy. :)

We don't have to disclosed deaths or murders or suicides in our state.  But if I saw this ad, I would want to know more about how the murders happened.

I agree with Debe Maxwell, CRS totally a buyers call. I would definitely demo the house to rid the bad mojo!

It must be state law to disclose. I would want more details and would be Googling the address.

In California, multiple homicides would certainly be a disclosure item. If the buyer knows and buys, problem solved.

Run Forest run....

Value would be surpressed for a couple of different owners 

Since they now know about it, it's entirely up to them to decide. 

Unless your buyer's believe in ghosts or bad karma, it's probably a simple disclosure issue.  Due diligence on the property being suitable for their purpose should be adequate. 

Illinois law does not require disclosure of a murder... unless it's spectacular and would have made a big media splash.

Yes I would have concerns!  I haven't seen a property description like this before - wow.

      Florida law does NOT require homicides to be disclosed.  If you represent the Seller (fiduciary), you could damage them by disclosing the homicides. 

    As for the septic and the tear-down, let the Buyer's Home Inspector deal with those issues.

  To your question:  if it is MY buyer (fiduciary):

   I will disclose all of this in writing.  I will recommend a septic tank company or plumber inspect/issue a report on the "hole".  I will recommend a visit to Zoning, and to the Property Appraiser regarding tearing down an existing structure.

Erika,

As long as everything is disclosed, and what Candice A. Donofrio said

Sounds good to me!

If the all material facts are disclose to the buyer, and the price is right, I think the buyer is the one who should be concern about whether or not to buy this property. It may be a good investment moreover the buyer will have less competition due to the circumstances. 

It would depend on the client

For the right price....

I would provide all the information my client needed to make an informed decsion, due their due diligence, and let them decide... I would voice my concern, provide all the information, but let them decide on their own.

I think I would run as fast as I could in the other direction.

Not really, If this is what the buyers are looking for- land or rebuild. 

It sounds like this is a raw land deal. Getting multiple mobile homes legally on one parcel in California makes the subject property only a hard money loan, it's not a duplex triplex in the eyes of FHA or Fannie Freddie. Look up the news about the homicides, as your buyers will do. I'm guessing the murders happened at once aren't you Candice A. Donofrio  or this is a bad location in the line of drug dealers and something awful. I would have buyer check that meth wasn't manufactured there, and get someone with a metal detector to check for what else is buried. Assume they dumped corrosive or bad things in the septic and rebuild accordingly...  Sounds like a murder mystery adventure. If the price is cheap enough, and you weigh the costs the buyer makes an informed choice

I don't care if state law says that I don't need to disclose...I do disclose everything.

It is a "material fact" that most of my buyers would be turned off.

It is not up to me to decide if it is a concern or not...it is up to the buyer.

Eve

"Huge land where you can bu**......."

they found four.

With a back story like that, I see it perfect for a boys adventure camp. Those campfires will be terrifying.

As Candice A. Donofrio commented ... not necessarily. I would do my research and perform due diligence. If all pass the "test" and the buyers are fully informed ... why not. 

I am curious about the homicides.  Research would reveal the facts to share with the prospective buyer(s).

Complete teardown, burn the 'domicile' where the attacks occured. Sell the land.

Erika Rae Albert, Austin Real Estate Expert - now if they don't mind, I will not!

Depends on the client and that it has been disclosed...

no

Depends on price, location and future ROI.  Let the buyer decide after full disclosure.  4 at once or ?  Inquiring minds.

Depends on the price.

Across from East Palo Alto police station. Every kind of police record, break in .... Bought it for $190K 5 years ago sold for $950K 12 offers(7 cash).

Same in Redwood City across the street from Atherton.  All million dollar shacks. 

People move to places they can afford......

As long as they were aware of the situation (in writing) and that is the property they wanted to buy I would not have any concerns.

I'd want to know about the homicides!  Was it a gang house and these were killings from rival gangs?  Or was it one of those nut jobs who goes across 5 towns killing his ex-wife and her family.  Were they tossed down the septic hole?

Erika Rae Albert, Austin Real Estate Expert If my buyer found this property useful and provides an acceptable ROI, why would I be concerned?

Not sure about disclosure laws in your state! Can think of better wording!

yes

It would depend on the buyer.

Barbara Todaro nailed this one!

I see... not your typical sale.... obviously, there's a reason this property is of interest to the buyer... for the buyer to decide at the end of the day.

Property has bad karma for sure, but that's has nothing to do with us.