I looked at a nice home near power lines and the realtor told me that it had been on the market forever and the price kept dropping because nobody would buy under power lines. The reality of something does not matter as much as the perception. Even though I don’t believe the power lines would be dangerous it was dangerous to buy something that I would have a problem selling.
I am looking at a house now that is over the limit for radon gas. A radon system has been install and it passed the test now but it will ALWAY be a house with a radon problem.
“The same is true for any house built before 1978. It MIGHT have lead in it, the forms say so when I buy it.”
Yep. Unless you can get it so cheaply that you can afford to walk away when you’re done, why take a chance? It’s a buyer’s market and you can get sweet deals on much better properties.