What Are Stigmatized Properties?
A stigma is a potential cause of concern when it comes to real estate properties. Some stigmas are real while others are imagined. However, it should be noted that both kinds of stigma can impact the value of real estate.
Real stigmas tend to be based on something related to the material condition of a home. For example, sometimes a home goes under contract but that contract soon falls through due to the buyer voiding the contract following their home inspection. This home could be stigmatized as future buyers may hesitate to pursue it if the initial buyers’ reasons for voiding are a mystery.Learn More