who want to be millionaire and make money with real estate options_19

_{To me, a problem property is any property, or owner, experiencing any of the following}

_{types of problems, which can be corrected:}

_{1. Title problems.}

_{2. Ownership problems.}

_{3. Management problems.}

_{4. Vacancy problems.}

_{5. Financial problems.}

_{6. Maintenance problems.}

_{7. Tenant problems.}

_{8. Cash f low problems.}

_{9. Structural problems.}

_{10. Code violation problems.}

_{that has been psychologically impacted by an event, which occurred or was}

_{suspected to have occurred on the property, such event being one that has no}

_{physical impact of any kind." Most stigmatized properties are in f lawless physical}

_{condition, but have become tainted because they were the site of murders,}

_{HIV-related deaths, rapes, suicides, robberies, kidnappings, child molestations,}

_{and accidental deaths, or are believed to be haunted by ghosts. These are examples}

_{of intangible or psychological stigmas, which are based on individual personal}

_{perceptions. However, tangible or real stigmas can be the result of a}

_{property being located in an area:}

_{1. Known for building defects.}

_{2. Infested with gangs of criminals.}

_{3. Next to a halfway house for soon-to-be-released criminals.}

_{4. Bordering a group home for sex offenders.}

_{5. Close to hazardous waste material.}

_{nuisance-type property.}

_{Because of their history, stigmatized properties often scare away prospective}

_{buyers, who are worried about decreases in property values and marketability.}

_{Today, many states have stigmatized property statutes, which require property}

_{owners to disclose certain types of stigmas that are part of a property's history.}