A Washington D.C. house where a mother killed her four children and lived with their corpses for more than a year is on the market but languishing, even though its price has been marked down to $90,000. No one is supposed to know about the dead children, though:
District real estate experts say laws such as the Fair Housing Act forbid real estate agents from disclosing information about crime in a neighborhood or a home. Real estate lawyer Brian Kass said it’s up to the buyer to ask the agent whether “anything unusual” has occurred in the house. Otherwise, the agent needn’t divulge.
“It’s illegal to reveal that type of information,” said Brookland-based Long & Foster agent Andi Fleming. “In the eyes of the bank, it doesn’t affect the value of the home.”
Give the price history, even in this market, it seems safe to assume that agents are ignoring those laws, thereby demonstrating that common sense is not yet entirely extinguished in our nation’s capital.
The home’s asking price has been sliding faster than the Dow.
It is assessed at $220,610 according to 2009 District tax records.
In September, it was listed at $163,000. In October, the bank lowered the price to $152,200. Nine days later, the price was lowered to $139,900. In December, the price was lowered to $100,000. On Feb. 6, the price was lowered to $90,900.