We now have over 10 offers on House #13. After isolating our 3 favorite offers we sent them all the same counter and the two responded quite interested. We did some additional negotiation and one couple was going to re-submit their offer today. The agent called and said the couple was going to withdraw their offer, they looked up the address on Megan’s Law web site and there is a convicted sex offender on the same street.
I’ve never really looked into this before, but I typed in a couple addresses and it seems like there is way more out there then I would have ever guessed. Even in the neighborhood I live in there is quite a few of them. The site is well done, you can type in your address and it has pictures and stars where the people live.
Does this change our buying strategy? I think from now on I will look up any address before we buy, but don’t know if it will stop us from buying a property in a certain neigbhorhood. It is sad to me that there are so many in each neigbhorhood.
Just another thing for Real Estate Investors to watch out for!