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In real estate, stigmatized property is property that buyers or tenants may shun for reasons that are unrelated to its physical condition or features. [1] These can include death of an occupant, [ 1 ] [ 2 ] murder , [ 1 ] [ 2 ] suicide , [ 2 ] previous illicit activities, and even the belief that a house is haunted .
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
In the late 19th century and early 20th century, asbestos was considered an ideal material for use in the construction industry. It was known to be an excellent fire retardant, to have high electrical resistance, and was inexpensive and easy to use.
Levitt was the cover story in Time magazine for July 3, 1950, with the tag line "For Sale: a new way of life." [9] In 1952, people started buying over 17,000 Levitt-built homes in Bucks County, Pennsylvania. In addition, the company built Willingboro, New Jersey, which still has street names such as Levitt Parkway.
Asbestos is present in many homes built before 1981 in insulation, vinyl flooring, or spray-on surfacing materials. Crumbling insulation in an older home can indicate asbestos. Homes built before ...
More than $3.2 million in public money has been spent on environmental cleanup/demolition at both properties, each of which sat vacant for many years.
Asbestos litigation is the longest, most expensive mass tort in U.S. history, involving more than 8,000 defendants and 700,000 claimants. [1] By the early 1990s, "more than half of the 25 largest asbestos manufacturers in the US, including Amatex, Carey-Canada, Celotex, Eagle-Picher, Forty-Eight Insulations, Manville Corporation, National Gypsum, Standard Insulation, Unarco, and UNR Industries ...
Levitt & Sons was a real estate development company founded by Abraham Levitt and later managed by his son William Levitt. The company built the town of Levittown, New York. The company's designs and building practices transformed the home building industry and altered the north eastern landscape of the United States with massive suburban ...