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  #1  
Old 04-11-2010, 12:01 AM
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I think you're uncomfortable with the idea but you just don't know what about it that makes you uncomfortable.

What would make you comfortable living next to a maximum security prison?
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Old 04-11-2010, 12:16 AM
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Originally Posted by Kuan View Post
I think you're uncomfortable with the idea but you just don't know what about it that makes you uncomfortable.

What would make you comfortable living next to a maximum security prison?
Precisely.

A couple weeks ago, the OP found a couple old MBs for sale he was interested in buying - one with unredeemable rust - yet he found the rust worth mentioning at length - why was that?

When there's a 300 lb. gorilla that comes with the room you are buying - why would one attempt to not claim it worth mentioning - after the fact - when they described it in detail when describing the room??
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Old 04-11-2010, 10:17 AM
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The house has been on the market for quite awhile. There have been lookers. There may have been offers. The price has not come down.

I would follow the folks who came before you on this one.
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  #4  
Old 04-11-2010, 10:22 AM
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The house has been on the market for quite awhile. There have been lookers. There may have been offers. The price has not come down.

I would follow the folks who came before you on this one.
I don't believe there have been any offers. If we can't get it at the right price, we won't buy it.
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  #5  
Old 04-11-2010, 10:44 AM
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Value means nothing if they are emptying their dumpsters at 5AM Saturday morning. Big businesses and institutions don't always make the best neighbors and its nearly impossible to change their way of doing business if something disturbs you. Check it out carefully.
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  #6  
Old 04-11-2010, 02:27 PM
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Value means nothing if they are emptying their dumpsters at 5AM Saturday morning. Big businesses and institutions don't always make the best neighbors and its nearly impossible to change their way of doing business if something disturbs you. Check it out carefully.
Funny you mention this - the slamming emptying of dumpsters located at commercial businesses starts just after 3 a.m. near my home on Mon. and Thurs. mornings. Near is a tad over a 1/4 mile away. Some sage advice there.
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  #7  
Old 04-11-2010, 02:35 PM
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Originally Posted by Skid Row Joe View Post
Funny you mention this - the slamming emptying of dumpsters located at commercial businesses starts just after 3 a.m. near my home on Mon. and Thurs. mornings. Near is a tad over a 1/4 mile away. Some sage advice there.

Wow... constant helicopters... slamming dumpsters... hope you aren't offended if I discount YOUR real estate advice...
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  #8  
Old 04-11-2010, 02:31 PM
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My biggest concern wouldn't be the inmates, it would be the employees of the "correctional facility" who live in the area.
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  #9  
Old 04-11-2010, 08:12 PM
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I've had a house for about 15 years now, about a half mile from the Fed. facility where Bernie M is currently housed. There are about 5 total facilities near there and I've never had any trouble.

The value of the house has steadily increased over the years and it even bucks the national average by a significant amount.
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  #10  
Old 04-11-2010, 10:42 PM
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I've had a house for about 15 years now, about a half mile from the Fed. facility where Bernie M is currently housed. There are about 5 total facilities near there and I've never had any trouble.

The value of the house has steadily increased over the years and it even bucks the national average by a significant amount.
Thanks for the input. Any other houses in the area that have had problems selling?
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  #11  
Old 04-11-2010, 10:50 PM
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Originally Posted by KarTek View Post
I've had a house for about 15 years now, about a half mile from the Fed. facility where Bernie M is currently housed. There are about 5 total facilities near there and I've never had any trouble.

The value of the house has steadily increased over the years and it even bucks the national average by a significant amount.
Did you pay far below market value when purchasing your house?

Are you able to identify why your house "has steadily increased over the years and it even bucks the national average by a significant amount?"

What do you consider, "increasing.......by a significant amount?"
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  #12  
Old 04-12-2010, 11:05 AM
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FWIW, I once owned a house in Indy, about a block from the women's prison, which is in town. I paid a decent price for the house, lived there 3 years and sold for a nice profit. I recently checked the neighborhood, and prices are still going up and the prison is still there. UMMV, but I didn't have a problem with it, and I am not talking about a cheap, beater type house, either.
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  #13  
Old 04-12-2010, 11:15 AM
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If you purchase the house and end up reselling, I would use the following marketing tool. Print out the map of a neighborhood nearby from the sex offender database, showing the residences of convicted sex offenders. Then print out a map of the house with the prison next door and ask 'Where would you prefer your local sex offender live?"
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  #14  
Old 04-12-2010, 01:25 PM
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If you purchase the house and end up reselling, I would use the following marketing tool. Print out the map of a neighborhood nearby from the sex offender database, showing the residences of convicted sex offenders. Then print out a map of the house with the prison next door and ask 'Where would you prefer your local sex offender live?"
That is pretty much what my wife said. We would actually be SAFER living near the prison than where we are now.

The only issue I can see is resale value. If I get it at the right price, that issue will become moot.


We are looking at 3 more homes tonight (one in the same general area, but about a mile away from the prison). Tried to do a 2nd showing at this home but they have live-in stagers that have a 1 year old and they turned us down saying it was too late. Their only job is to keep the house show-ready for visits while they live there for free. I'm going to have my realtor talk to their realtor about this issue. I think we requested 8-9pm... not that late.

I decided I will just drive-by to see if there are any wierd lights or anything from the prison at night-time. I already know what the interior looks like and how I feel about it.
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Last edited by Graplr; 04-12-2010 at 02:56 PM. Reason: Sometimes I have terrible grammar...
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  #15  
Old 04-12-2010, 10:04 PM
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Quote:
Originally Posted by kerry View Post
If you purchase the house and end up reselling, I would use the following marketing tool. Print out the map of a neighborhood nearby from the sex offender database, showing the residences of convicted sex offenders. Then print out a map of the house with the prison next door and ask 'Where would you prefer your local sex offender live?"
If someone did escape, would they be more likely to hang around the prison, or make tracks AWAY as fast as possible?
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