violence: Property Stigmata - 05/17/15 07:05 PM
While the word "Stigmata" may prompt images of of Rupert Wainwright's 1999 horror flick, Buyers and Sellers should be aware that certain property conditions could leave a mark on property value.
The word 'stigma' is defined as "a mark of disgrace or infamy; a stain or reproach, as on one's reputation" (Dictionary.com). The plural form of the word is 'stigmata'.
What Is A Property Stigma?
A property stigma is a condition that lowers the actual or perceived value of the subject property due to adverse conditions or tragic events that have occurred on the property - but not relating to the property itself. Disclosure requirements vary from … (8 comments)