Amityville Horror Real Estate

 

Just because Halloween is around the corner it doesn’t mean that the real estate market is dead and buried at this time of the year. Indeed, it can be the perfect time to find the property of your dreams or, like the Schaibles, your nightmares.

Craig and Yvonne Schaible were thinking of buying this 111-year-old Victorian house on a tree-shaded street in Fanwood, N.J. The owner had grown up in the house and was trying to sell it now that her parents had died. But an uncanny presence threatened to scare away buyers and drive down the house’s value. The owner had not yet told the Schaibles about the mysterious sounds and frightful sights that unnerved her — and terrified her husband.

“We were walking out of the attic,” Schaible says, “and my wife said, ‘Any ghosts?’ And the lady said, ‘Well, yeah.’ We were like, ‘Cool, tell us about it.’”

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If you think ghost stories make a house less valuable, you might be right — most of the time. But not all the time. The Schaibles weren’t your typical house buyers. They were living in a two-bedroom town house and were looking for a big, old Victorian house to restore. [...]

The ghost stories about the house “made it completely more valuable,” Schaible says. [...]

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