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Thursday, May 27, 2010

No Surprise: Murder Drives Away Most Buyers

Wells Fargo Bank was the only bidder this week for a house in Waterloo, Ill., where a former bodyguard apparently strangled his wife and two sons to death. The bank offered $256,420.

Other homes that were the sites of violent crimes also have attracted few buyers.

The Chicago-area home where John Wayne Gacy tortured and strangled at least 33 men, then buried them in the crawl space, has been torn down and a new home built on the lot. The three-story apartment building in Milwaukee where the remains of 11 of the 17 people Jeffrey Dahmer confessed to killing was demolished and the lot remains vacant.

Only two states – Alaska and South Dakota – require sellers to disclose if there was a murder or suicide on the property.

Source: Associated Press, Jim Suhr (05/25/2010)

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