-advertisement -

Want to buy a haunted house?

Oh, no, not the attic. Anywhere but the attic. But the visitors insisted on going in.

The house's owner reluctantly opened the attic door and stepped aside as her two visitors trod into the gloomy room.

"All I know is we walked into the attic with her, and it's cavernous, and we were just looking hard, and, I don't know, this feeling came over me -- this warm feeling," Craig Schaible says. "I looked at my wife and she felt it, too."

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 which 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.'"

The owner didn't go into much detail. She said people had seen and heard things over the years. "We said we kind of think of it as a positive thing," Schaible says. The Schaibles decided then and there to buy the eight-bedroom house, a fixer-upper built in 1890. They paid the asking price.

Ghosts can add value
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 townhouse and were looking for a big, old Victorian house to restore. As soon as they stepped through the pair of eight-foot-high front doors, they knew this house was the one. Furthermore, the Schaibles are famous among their friends for elaborate Halloween bashes they hold every other year, complete with caskets in the rooms and a hand sticking out of the punch bowl.

The ghost stories about the house "made it completely more valuable," Schaible says. "Would I pay more money for a haunted house? No. The decision to buy the house was based on the house itself." But, he adds, the spectral tales "juiced it up. The fact that the Halloween people bought a haunted house was so funny -- too perfect."

Six weeks elapsed from the time the Schaibles made an offer until possession. During that time in spring 2001, the seller's husband stayed behind to ease the transfer of ownership. The Schaibles loosened his tongue with a few beers one night, and the man told them about apparitions he had seen and described a time when he heard his wife calling from the basement. He went downstairs, but no one was there. Then he heard a disembodied voice chuckling in his ear. "According to him and his wife, this thing was picking on him," Schaible says.

Next: "Then the Schaibles moved in. ..."
Page | 1 | 2 | 3 |
Real estate story archive
Sign up for our real estate newsletter
Real estate: Profitable but risky
Winner or loser: Mortgage shopper
Winner or loser: Home equity loans
Winner or loser: Auto loans

Compare today's rates
30 yr fixed mtg 3.83%
15 yr fixed mtg 2.94%
5/1 ARM 2.94%
Rates may include points
- advertisement -