Buying an ex grow-op
#1
Buying an ex grow-op
Can someone (or preferably several of you) comment on the purchase of houses that were grow-ops?
I have seen a few now on Realtors sites and also on mls and there seems to be some of disagreement about them.
The prices are attractive and being a sceptic I assume there must be some good reasons why.
What are the drawbacks of these properties?
Can they be a good buy?
Should they be avoided at all costs, as I have seen advised by one ex-realtor?
If they are so bad, why are they still able to sell them?
Do different sales/purchase rules apply to them?
Are insurers wary of them?
I am interested in this as some people I have met here have a house which they have been very happy with which was apparently a grow-op some time ago, so people do buy them eventually.
I have seen one or two comments on threads but I have never managed to piece together the full picture about these properties.
I have seen a few now on Realtors sites and also on mls and there seems to be some of disagreement about them.
The prices are attractive and being a sceptic I assume there must be some good reasons why.
What are the drawbacks of these properties?
Can they be a good buy?
Should they be avoided at all costs, as I have seen advised by one ex-realtor?
If they are so bad, why are they still able to sell them?
Do different sales/purchase rules apply to them?
Are insurers wary of them?
I am interested in this as some people I have met here have a house which they have been very happy with which was apparently a grow-op some time ago, so people do buy them eventually.
I have seen one or two comments on threads but I have never managed to piece together the full picture about these properties.
#2
BE Forum Addict
Joined: Nov 2003
Location: Formally Scotland. Now Bay of Quinte...Ontario
Posts: 2,466
Re: Buying an ex grow-op
I would pass....mould & dampness would be my main concern. I suppose the length of time the house has been used for this purpose would be a major factor....and most insurance companies (I am informed) won't touch them. Short of pulling off the drywall etc, you can't be sure of the condition of the house. I would steer clear. If the price for such a house seems to good to be true....it probably is!
#3
Re: Buying an ex grow-op
Some info here: http://blogtorontorealestate.ca/unca...-or-apartment/
What happens is that the plants are heated by grow lights and watered continuously to make them grow bigger and faster. This produces abnormally high levels of humidity which settles in the cooler spots in the homeā¦ in the gap behind the drywall just inside of the outer walls of the home. Mould flourishes in this environment and can become toxic to future habitation.
What happens is that the plants are heated by grow lights and watered continuously to make them grow bigger and faster. This produces abnormally high levels of humidity which settles in the cooler spots in the homeā¦ in the gap behind the drywall just inside of the outer walls of the home. Mould flourishes in this environment and can become toxic to future habitation.
#4
Joined: Sep 2008
Posts: 12,830
Re: Buying an ex grow-op
Can someone (or preferably several of you) comment on the purchase of houses that were grow-ops?
I have seen a few now on Realtors sites and also on mls and there seems to be some of disagreement about them.
The prices are attractive and being a sceptic I assume there must be some good reasons why.
What are the drawbacks of these properties?
Can they be a good buy?
Should they be avoided at all costs, as I have seen advised by one ex-realtor?
If they are so bad, why are they still able to sell them?
Do different sales/purchase rules apply to them?
Are insurers wary of them?
I am interested in this as some people I have met here have a house which they have been very happy with which was apparently a grow-op some time ago, so people do buy them eventually.
I have seen one or two comments on threads but I have never managed to piece together the full picture about these properties.
I have seen a few now on Realtors sites and also on mls and there seems to be some of disagreement about them.
The prices are attractive and being a sceptic I assume there must be some good reasons why.
What are the drawbacks of these properties?
Can they be a good buy?
Should they be avoided at all costs, as I have seen advised by one ex-realtor?
If they are so bad, why are they still able to sell them?
Do different sales/purchase rules apply to them?
Are insurers wary of them?
I am interested in this as some people I have met here have a house which they have been very happy with which was apparently a grow-op some time ago, so people do buy them eventually.
I have seen one or two comments on threads but I have never managed to piece together the full picture about these properties.
http://www.cbc.ca/marketplace/2010/g...r_up/main.html
http://www.calgaryinspections.com/ca...r-grow-op.html
http://www.home-inspectors.com/growop.htm
#6
BE Forum Addict
Joined: Jun 2011
Posts: 1,746
Re: Buying an ex grow-op
Think you need to avoid it like the plague from the sounds of it.
How common are Grow Ops out of interest?
How common are Grow Ops out of interest?
#7
Re: Buying an ex grow-op
There was a Holmes on Homes episode about a lady who had unbeknownst to her, rented her house out to someone who used it as a grow op. The place had to be completely rebuilt - problems with damp, mold, electrical hook up, structural alterations etc etc. Personally, I'd run far away from such an opportunity.
EDIT: Some info on the HOH episode here: http://makeitright.ca/Holmes_Media/H...episode_id=333 and it can be watched in parts here: http://www.hgtv.ca/video/
EDIT: Some info on the HOH episode here: http://makeitright.ca/Holmes_Media/H...episode_id=333 and it can be watched in parts here: http://www.hgtv.ca/video/
Last edited by Atlantic Xpat; Jan 31st 2012 at 9:37 am.
#8
Re: Buying an ex grow-op
There are a lot of them in Vancouver and in smaller cities they still manage to find the odd one. There was a fire on my friends block (across the alley) in Vancouver about 8 years ago and police discovered grows in 3 different houses. There's just so much money in it and all the materials are so available it's everywhere. Likely Vancouver has more gang owned and controlled grow-ops than anywhere else.
#10
Re: Buying an ex grow-op
There was a Holmes on Homes episode about a lady who had unbeknownst to her, rented her house out to someone who used it as a grow op. The place had to be completely rebuilt - problems with damp, mold, electrical hook up, structural alterations etc etc. Personally, I'd run far away from such an opportunity.
EDIT: Some info on the HOH episode here: http://makeitright.ca/Holmes_Media/H...episode_id=333 and it can be watched in parts here: http://www.hgtv.ca/video/
EDIT: Some info on the HOH episode here: http://makeitright.ca/Holmes_Media/H...episode_id=333 and it can be watched in parts here: http://www.hgtv.ca/video/
#12
Joined: Jan 2007
Posts: 11,272
Re: Buying an ex grow-op
totally avoid for all the above reasons.
#13
Banned
Joined: Jul 2011
Posts: 1,088
Re: Buying an ex grow-op
While the mold alone should be enough to put one off, there is also the chance of being targeted by criminals. I have investigated violent home invasions where the suspects were under the mistaken belief that the home was still a grow, much to the horror of the new residents. Chances are slim but is a real possability. Stay well clear.
#14
BE Forum Addict
Joined: Nov 2003
Location: Formally Scotland. Now Bay of Quinte...Ontario
Posts: 2,466
Re: Buying an ex grow-op
Does it not give you a warm fuzzy feeling when everyone agrees with you?
Boring though...thought at least one poster would have thought such a purchase was a good plan....
Boring though...thought at least one poster would have thought such a purchase was a good plan....
#15
Re: Buying an ex grow-op
Apparently 3 owners ago, our new house had a grow op in the basement. There is absolutely no sign of it now, and we have a comprehensive home inspection, so all the repairs must have been done one or two owners ago. This is of course neighbour talk and it could be that the person 3 owners ago just grew a plant or two for himself, not necessarily with foil etc.
I wouldn't buy a grow op house knowingly as there has to be lots of ripping out and putting back together to make the home habitable.
I wouldn't buy a grow op house knowingly as there has to be lots of ripping out and putting back together to make the home habitable.