While out looking for homes for my buyers, I have found the lower priced homes bank owned (REOs) and short sales to be either right under (well almost) or across the street or field from the TOWERS.  The towers I am talking about are the (way tall electrical towers)... giving off that "frying" sound - day and night. I hear that the sound is even louder if snow sticks to the wires!

Weston Ranch (located in Stockton, CA) has some beautiful homes, some great deals but it has two intimidating - eyesores and "don't wanta live by" things going against it:  The levy and the Towers.

Some buyers are willing to overlook these towers and simply do not want to talk about them and just keep searching for the "deal".  What do you do as an agent? Do you smile inside and say "a smell a deal" or do you make sure you disclose that these towers are there, they are not going anywhere and aside from being an eyesore - they just may cause some concerns when its time for the resale?

Here are some of the concerns:

Health issues: Although there is a divide in the opinion on whether these towers are harmful to humans - there is no definite answer.  What is the answer? According to the Real Estate Industry these towers are harmless to children and other living things, but according to scientists they just may be harmful to growing children.  Another question is (and as research goes) what happens if research find out in the future that these towers are causing harm to humans and living things - what do you do at that point and how do you feel as the agent that sold that property to a family with children? Is it worth it to put your health at risk or even possible risk?

Intimidating view: These towers are tall and intimidating to most. If not now while you are looking, think about during a thunder/lightning storm!!

Undesirability: Will not rank among the desired places to live.  If you can live in it now, what will you have to give up when you get ready to sell this property?

Price impacts: Give up smart buying for deal? Is a good deal more important than location, location... and resale value.  These towers will more than likely reduce the property by 5-15% (Depending on where you live).

When I am out looking for properties for my buyers, I first ask myself is this a safe -real deal, is it something that is livable, should I even subject my clients to this property and then I ask myself (again)is it safe deal.  All that electricity flowing through those loud wires, all that radiation (however small), the possibility that a severe storm may knock them down or fire or the possibilty that research may one day announce that these towers are not safe that they cause cancer or lukemia or some other risk illness or whatever else that can put someone at risk..... I shy away from them.  

There is a bigger question: How do subdivisions get approval to build homes backed up to the towers? Where is the concern for our health, our children and our futures?  Why put the temptation out there for some to jump at the deal?

Safety First.

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Rosemary Brooks

Patrick Williams & Associates

the Mother and Daughter Realty Team

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This post has been included in California Information San Joaquin County, CA Information Stockton, CA Information
Post is included in group: 1st Time Buyers
Post is included in group: California Loan Modifications, Short Sales, & REOs
Post is included in group: California Short Sales, REO's, and Foreclosures
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6 Comments on Tower Power in your backyard.. Getting a good deal now... will lead to giving up $$ later! Is it worth it?

NOV
09
2008
424,403 Points 3 Featured Posts Outside Blog

I have seen houses for sale near power lines and always tell the buyer to look up information about power lines and also about resale problems.

6:19am • #1
213,253 Points 1 Featured Post Localism Sponsor Outside Blog Hit Router

Gita ~ that is wise, that way you're putting it back in their lap to check first before making what could be a mistake or maybe not.  Nice hearing from you.

8:28am • #2
144,272 Points 7 Featured Posts Outside Blog

Rosemary,

Thanks for the post. I have a test. If I can't play an AM radio station in the shadow of the tower, it ain't a good thing.

11:55pm • #3
NOV
10
2008
213,253 Points 1 Featured Post Localism Sponsor Outside Blog Hit Router

William thanks, I will have to test that one out! I thought you'd get good reception with all that power!?

2:28am • #4
3 Featured Posts Localism Sponsor

Location is so important with resale.  Even if the house is great it will be very difficult to sell because the huge majority of the next buyers will be turned off by those towers. 

7:15am • #5
NOV
11
2008
121,767 Points Outside Blog

I would say it's not worth the deal especially wit hthte harmful impacts on growing children.

11:33pm • #6

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Rosemary Brooks -Mother & Daughter (866)-543-0461

Stockton, CA

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