stigma

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stigma

A negative impression of property because of real or perceived problems.The most common stigma is associated with property that has remained on the market for whatever time period is locally considered “too long.”Potential buyers usually think there must be some problem with the property that they might or might not be able to recognize and economically cure, so they avoid such properties.Another common stigma is a commercial property,usually with a restaurant tenant, that has experienced high turnover.The reason might be that the tenants had insufficient financial resources to survive until the break-even point, but the property soon acquires a stigma as a bad location for restaurants.To some extent,the stigma can become a self-fulfilling prophecy if the community fails to patronize any business at that location because of the stigma.Despite that,there are tremendous opportunities for investors who target stigmatized properties and can successfully overcome the bad reputation.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Ablerus calvus resembles Ablerus macchiae (Annecke & Insley, 1970) but is distinguished from the latter by the following: antenna with F1 relatively short, clava about as long as or slightly longer than F1-F3 combined; forewings with speculum extending from stigmal vein distally to apex of wings; legs mostly dark brown.
Forewing hyaline, without dark transverse bands; distal part of stigmal vein much shorter than proximal part (4:9).
Forewing with three dark transverse bands; distal part of stigmal vein longer than proximal part (13:6).
Distal part of stigmal vein longer than proximal part; dorsal process of paramere regularly bent, slightly scythe-shaped (Fig.
Relative measurements of forewing: costal cell 20: 2.5; parastigma 7.5, marginal vein 9, post marginal vein 9, stigmal vein 1.
Forewing hyaline, completely slightly darkened; 1 SDC cell closed; marginal cell open; stigmal vein with distal part longer than proximal part (18:16).
Forewing hyaline, totally weakly yellowish, without dark transverse bands; distal part of stigmal vein much shorter than proximal part (6:18).