A house preowned by drug dealer

[NicMM]

I fall in love with a foreclosed house and wanted to buy it. But later heard that it was owned by a drug dealer, who was caught by FBI.

Should I still buy it? Is it possible that the criminal comes back to the house if he gets out of jail?

[nostradamus]

Why would he/she come back to the house? Was he/she a white-collar drug dealer or a scarface? How much is the house selling for? What’s the address? Is your source reliable?

Use the drug dealer thing to deal down the price.

[HLS]

Check every drain and behind every wall outlet too ;-0

[NicMM]

It is the one in the Biggest Percentage Thread:
Listing at $789,900
Sale History
04/21/2006: $1,015,000
07/18/2003: $710,000

22% loss!

http://www.sdlookup.com/Property-69AE5A89-10228_Lone_Dove_St_San_Diego_C…

We stayed a little longer and talked to the neighbors after the showing. Several curious neighbors waited the seller agent to open the door to see that house.. 🙁

But when I talked to one neighbor earlier, who is a mortgage guy, he didn’t disclose it but rather say it’s a nice neighborhood.

[NicMM]

HLS,

What’re you suggesting?

[NicMM]

Does any one have idea where to verify this information?

[bob007]

is there a risk ?

[bsrsharma]

This is not advice; just a recollection.

When we bought our home in 1993 in San Diego County, it was a pretty down market and the house was on the market for a long time. The owners had bought another house and wanted to earn some money by renting this one. They rented it for some time and it didn’t work out well (he stopped paying and was evicted). When we moved in, after a week or so, I observed some large thrash bags stowed at the top in the garage filled with what appeared to be dry leaves. Further inspection revealed it was ‘grass’. I was a little scared and didn’t know what to do. Finally, I just tied it all up and disposed off in the trash. My wild guess is, it was atleast a few thousand $ street value.

Later on, our neighbor revealed that the “renter” was growing pot in the garage and also on the deck. The garage was wired up with pretty high grade (at least 20 amps) wiring, better than rest of the home!

For many years after we bought, we used to get letters (for the renter) from various police/sheriffs departments about impounds/seizures of cars etc., At first we were a little apprehensive, but nothing untoward ever happened.

[HLS]

Just make sure that nothing is hidden that somebody would want to come back for, even after 10 or 20 years in the pen !!

[sdrealtor]

Is there a jacuzzi out back? I know someone thats looking for one;)

[NotCranky]

I am going to get my friend Poway seller on you again.BTW if one is not bi-polar what are they monopolar or unipolar or just polar? If you really want to make fun of me wait until I bring out the lyrics to the “chunky” song. I mention you in it. Do monopolar people laugh at their own jokes..hahahahahaha

[kewp]

Finally, I just tied it all up and disposed off in the trash.

Talk about drug abuse!

Jeeze!

[NicMM]

bsrsharma ,

Thank you for sharing this experience. I just called the neighbor (mortgage guy) and asked why he didn’t disclose it to me. He said that no something he’s proud of the neighborhood but the neighborhood decides to leave it behind. I can understand him.

[NicMM]

HLS,

What if you removed “that somebody would want to come back for, even after 10 or 20 years in the pen”, but that guy didn’t know and still come back for it?

Will you and your family get hurt?

[(former)FormerSanDiegan]

Or this could be an opportunity. This is why you look in the drains, behind the outlets, in the attic, etc. Talk about built-in equity …

http://www.local6.com/news/14228121/detail.html

[Author]

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