I have moved to Ks and in the downtown area I came upon some beautiful home in the $250,000 to $500,000 dollar ranges. Then I rounded the corner and I swear...this house was so ragaddy that only thing it was good for was using drugs in. Yea, people had the nerve to be on the outside of it just smoking and have a good ol time. How do you pull that off? The only thing I can think of is tax break...
2007-07-10 20:16:42 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Rather invest in an area away from the druggies. In my experience, we bought a lovely house in Hout Bay Cape Town, which was unfortunatly near shacks. But we thought, never mind, at least we have the view of the bay and the mountins...and behold! My friends and I were held up INSIDE our house! They knew how to gain access into the house (apparently the previous maid gave them copies of the keys which the previous owners failed to tell us to change the locks) and they took all our passports, laptops, cell phones, car keys (yet they didn't take the cars), wallets, clothes, shoes, food!, games, TV sets, mp3 players (they even asked for an ipod but I told them I don't even own one!) and jewellery. This happened while 4 grown men searched the house and cars and a 15 year (or even 12 year old!) held a gun at us for the whole night.
Sooooooooo...you rather invest in an area where your fellow neighbours won't get jealous and devious thoughts and where you can have peace of mind.
2007-07-10 20:26:23 · answer #1 · answered by Taurus 5 · 1⤊ 0⤋
Quick answer to your rhetorical question..... sell it to an out-of-state/ overseas investor.
Now, in terms of ways to shut it down.
1. Most jurisdictions have drug-seizure laws which allow the local law-enforcement agency or the DEA to take possession of the property if its being used to stash or distribute.
2. If the house is as "ragaddy" as you say, there are probably enough serious building code violations for the City/County's Code Enforcement Dept. to shut down or even take down the building.
3. Finally, if the market in the area is strong enough, don't worry, some property flipper will come along and buy-out the existing owner.
2007-07-10 20:50:47 · answer #2 · answered by therainbowseeker 4 · 0⤊ 0⤋
If you have evidence that illegal activity is going on, you need to contact the police.
The selling/buying price of a house is determined by the buyer. Whatever the buyer will pay, that is what the house will sell for. There is no other determination of the price of a house. Tell the seller what you will pay for the house, and if he says no, find another house.
If you are trying to sell your house, you have to decide what you will accept from the buyer, or keep the house. Those are the only two choices you have.
2007-07-10 20:30:09 · answer #3 · answered by Yarnlady_needsyarn 7 · 0⤊ 0⤋
I suppose you could just burn it down....If the neighborhood is full of half a million dollar homes then one little crack house isn't going to last long. Eventually a developer is going to buy the little crack house, tear it down, and put up something for rich people.
2007-07-10 20:30:15 · answer #4 · answered by theanswerman 4 · 0⤊ 0⤋
Buy both the houses, make the crack house look nice, then sel it off....
2007-07-10 20:28:59 · answer #5 · answered by smithersboy2002 2 · 0⤊ 0⤋