I recently answered a question that I thought might be helpful to others, so I am posting it here. If I get positive feedback on Q&A’s, then  I may start a Q&A blog… so please let me know. Thanks.

-Question:

How do power lines above or in real close proximity to the property affect value and sales? Im seeing a lot of vacancy near power lines and heard that people tend to feel they are unsafe?

-Answer:

There is a lot of mixed opinion about the safety of homes in close proximity to High tension powerlines. You can read a ton of information about it by googling “homes near high tension powerlines”. I think it is best to do your own research, and come to your own conclusions. They do have a dramatic negative effect on home prices and days on the market. There is no set amount or percentage, but more of a trend. Besides the health concerns, there is the visual, or eyesore impact as well. I believe the impact is greater in a slow market like we have now. But when the prices get low enough buyers will appear. Just remember, that you may get a deal now, but you will also get less when you sell, than comparable homes that are not close to the powerlines. Hope this is helpful.

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Now is a good time because in this challenged economy the government wants to stabilize the housing market.  This is especially true in the US, and is also true for many other countries.  For the purposes of this article let’s focus on the US.

Government incentives are maintaining low Interest rates, loan guarantees, and the first time Home Buyers $8000 tax credit.  To hear all the details and how to get a great deal, please click here to listen to my ‘free’ teleseminar replay.

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 Why Now, and How to get a Great Deal!: Play Now | Play in Popup | Download

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