Selling a Haunted House

As we reach the end of the spooky Halloween season, we thought it would be a fun send off to discuss a haunted house. The infamous Los Feliz Murder House in LA has a checkered past, but to real eatstae agent Nancy Sanborn, it was just a house.

In 2016, Sanborn was brought on to the selling team to what she thought was just a regular referral listing. She was completely oblivious to its history, one of the few who was. For context, the property was the scene of a gruesome crime about 60 years before, in which Dr. Harold N. Perelson killed his wife and hit his daughter with a hammer, and then took his own life. The haunted legend of this crime has spanned from 1959 to the present day.

The property has been a notorious haunted attraction for tourists and paranormal enthusiasts. Sanborn did her best to treat it as an ordinary listing, however, the residence attracted strange attention and visitors with a sole interest in the paranormal aspect of the home.

Most states require any material defects about a residence to be disclosed to potential buyers in case it has any lingering effects for them. Though many buyers are apprehensive towards the idea of buying a house with a reputation, purchasing a stigmatized house has the benefit of a price reduction, and according to a recent survey, ⅓ of homebuyers would be willing to purchase a house with a haunting reputation.

The Los Feliz Mansion closed in July 2016 for $2.3 million. Don’t let rumors ruin your chance at buying your dream home! We hope you have a very Happy Halloween!

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California Home/Residential Insurance Information

Home insurance is an important part of owning a home and protects one of your largest financial investments. Whether you are interested in purchasing, reviewing, or replacing you’re current policy, it’s important to compare the options available to you.

The California Department of Insurance (CDI) is a great resource and provides guides, tips, and tools to help you understand your home insurance so you can make the best, and most informed decision for you.

You can visit the CDI website here. If you need additional help, feel free to reach out to your favorite VB Realty Group agent! We’re here for you for any stage of life and will help get you to where you want to go!