Newsletter Subject

Selling a difficult house

From

stuff.co.nz

Email Address

info@engage.stuff.co.nz

Sent On

Fri, Feb 2, 2024 09:00 PM

Email Preheader Text

. It’s not clear whether the crime or the condition of the home had a more significant impact o

[Homed] Hi {NAME}, It’s not often that ‘true crime’ collides with property, but that’s the sad case of a dilapidated home in Auckland that sold for half its CV this week. The home had been [the scene of a horrific crime](. It’s not clear whether the crime or the condition of the home had a more significant impact on the sale price, but it is clear that the issues of disclosing information about a property's history beyond the condition of the home can be a thorny one for agents and sellers. Back in 2014, Barfoot & Thompson [appealed a suit against them]( for not disclosing a tragedy had occurred the year before at a Flat Bush property they sold. The agency won the case, but the High Court did give some “general guidelines” about disclosures of this kind, including recommendations to consider the location of the tragedy, the length of time since, and the circumstances of the event. You can [read more about the guidelines here](. The bottom line is that choosing whether or not to disclose a tragedy or crime to prospective buyers is something that agents and sellers must discuss, and it requires compassion and sensitivity. And if you’re a buyer who might be sensitive to such things the fact such disclosures are voluntary drives home how important [robust due diligence]( is. Have a good weekend, [Kylie Klein-Nixon] Kylie Klein-Nixon Senior Homed Reporter [Kylie Klein-Nixon] Kylie Klein-Nixon Senior Homed Reporter   Enjoying this email? [Check out Stuff's other daily and weekly newsletters.](   [timer][trk_px] [timer][trk_px] selling the story     [Crime scene home sells]( It was the scene of a horrific crime, then it was flooded. Now this Grey Lynn home, described as ‘not for the faint hearted’, has sold for half its CV. [timer][trk_px]   first time buyer's pick Cherished sanctuary Packed with period charm and five minutes from the beach, this little 1920s cottage won its owner over completely. [Read more →]( property to admire Not-so-Rotten Row A small Waikuku Beach bach received 25 bids and sold for $26,000 over its CV, all thanks to a rotten street name. [Read more →]( wrecked renovation Developers ditch derelict An abandoned house in Northland, Wellington that fetched top dollar at auction in 2021 is back on the market after plans to rescue it proved too daunting for developers. [Read more →]( kitchen connection Desperate measures Designers usually get to see an existing kitchen when asked to do a renovation, but that simply wasn’t possible for this Kitchen of the Week project, because it had already been pulled out. [Read more →]( {NAME}, if you find Stuff’s Homed useful and inspiring, please consider becoming a supporter. [I'd like to contribute →]( [Discover more at Homed]( You are receiving this email because you are opted in to receive the Stuff Homed newsletter. [Unsubscribe]( [Manage your profile]( [Privacy Policy]( Did a friend forward you this email? [Sign up to get the Stuff Homed newsletter in your inbox.]( Stuff, 4 Williamson Ave, Ponsonby, Auckland 1021, New Zealand [Facebook]( [Instagram]( [TikTok]( [YouTube](

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