On Sep 10, 11:29*am, Norminn wrote:
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Besides the cleanup issue, there is the issue of what you have to
disclose to buyers when you go to flip it. * Like, if it's been
cleaned up
to all state regulations, procedures, etc, do you then still have to
disclose to buyers that it was a meth lab? *My guess would be that
there might be laws specific to the state that might address that
issue
and that absent that, it's still to me of such major significance that
I
think you should disclose it. *I could think of hypothetical cases
where
even if it's not required, if you didn't dsiclose and something were
missed
in the cleanup, it could come back to bite you.

And then having disclosed it, the next question is how do you figure
what impact that is going to have on the price? * I'm not particularly
afraid of chemicals, but if there are similar houses selling for X,
this
one would have to be at a substantial discount to interest me. *So,
you have multiple unknowns. *How much it will cost to clean it up
and what the house will later sell for. *I would not get involved in
this unless there was plenty of margin to cover all the above.

If I did decide to purchase, I would be most interested (at the outset)
in learning the conditions found when the cops went in...there is a
whole special task force dealing with disposal. *Considering the state
statutes, the residue before and after cleanup would be next. *I am not
by any means leaning toward this property, but without the meth lab
problem, it would be an ideal cheap property to remodel extensively
(good bones, good stable neighborhood, increasing prop. values;
properties are moving here). *That said, it had never before occurred to
me that a home might have once been contaminated with drugs.

I've read various descriptions of the meth lab odor, and cat urine is
mentioned....a former neighbor who had extensive knowledge (and who is
probably dead) said it was just a sickening sweet smell. *I've had
neighbors who dealt in coke, one of whom died at a young age of heart
attack, and now I wonder what the danger of coke residue is.
Come to
think of it, mebbe that has something to do with the "autism epidemic".

Good grief. Trying to link coke residue with autism?
Coke and meth are two very different things. Cocaine
is imported as such, already processed, not made in
a lab here. The processing lab is typically in South America.
You hear about meth lab operations being busted all the time. I've
never heard of a similar coke lab being busted in the USA.

And if there were an association between cocaine and
autism, then one would expect the huge increase in
numbers to be centered around populations where
cocaine usage is highest. Instead it seems to be
distributed everywhere.





* I put that in quotes because I expect that autism is pretty badly
overdiagnosed for access to social services. *Coke probably vastly more
pervasive than meth until fairly recently.- Hide quoted text -

- Show quoted text -