Living Well 60+ May – June 2015 | Page 8

8 M AY / J U N E 2 0 1 5 Assessing a Neighborhood Know what you’re looking for and ask a Realtor to help by Jamie Lober, Staff Writer When people contemplate moving, the location of the new home is typically the first consideration. You can check the Internet for recent home sales as well as crime statistics for the neighborhood you’re looking at. But walking around the neighbor- hood is just as beneficial. “One of the best things anybody can do is to talk to the neighbors and ask how they like living there,” said Joe McClerry, CEO of the Kentucky Association of Realtors. “Or hang out and just sit outside the home for a little while; watch the traffic and the people; and visit at different times.” Not Aging Well? NEED FLEXIBILITY? STRENGTH? BALANCE? Sessions with Pamela Bolin, Aging Specialist Master of Science, Kinesiology, with years of experience can help! 1 FREE INTRO SESSION With this ad. To schedule, call 859-508-8827 today. PAMSFITNESS.COM Ultimate Fitness, Inc. Pamela Bolin MS NSCA-CPT Aging Specialist People already living there can offer great insight into a neighborhood. “You need to be aware of things like teenagers bumping music and driving cars up and down the street,” said McClerry. Another important factor in determining the quality of a neighborhood is the schools. This is very relevant for seniors. “A lot of grandparents are raising kids now and schools are important,” said McClerry. A school with a less-than-stellar reputation might hurt your resale potential. The mantra in real estate is “location, location, location.” “Location is No. 1 because a smart place will appreciate in value,” McClerry said. It will also be priced well. “A good price or fair price is at or under the comparative market analysis,” he said. Make sure the house is affordable. “It needs to meet your expectations, but it is rare that someone gets 100 percent of what they want,” said McClerry. “You need to be willing to modify your expectations to some degree, and that is difficult to do.” Seeing the unseen is important. “You need to have a home inspection because most problems in real estate are caused by some issue that was not known to the buyer or in some cases the seller,” said McClerry. There may be something such as a crack in the foundation that nobody notices. Some people like condos that do not have a yard, while others may want 5 acres or more. “If you want a farm property, you will have a different Realtor than if you buy a house in town or a condo because those are different specialties,” said McClerry. A Realtor can be an excellent source if you are looking for additional information about a house or neighborhood. Many new homeowners appreciate the inside knowledge Realtors offer. “You may not know that the homeowners’ association fees will be $1,000 a year, but those are the types of things Realtors know to ask,” said McClerry. Some Realtors specialize in helping seniors find the right house. “For people over 50 years of age, look for a Realtor holding the SRES designation, which stands for Seniors Real Estate Specialists,” said McClerry. “They are qualified to address the needs of home buyers and sellers age 50 and up.” You can find a Realtor with the SRES designation at www.seniorsrealestate.com. A good Realtor will stay with you throughout the entire homebuying process and will not push you to buy something too soon or something that’s not appropriate for you. “Do not make a decision too fast or buy a house that is not in line with its comparative market analysis,” said McClerry. “There is sure to be a home out there that is right for you.” Lexington Branch Now Hiring! Compassionate, Branch Now Hiring! trust Lexington affordable care you can Home health aides Certified Nurses aides Customized, affordable care 24 hours health aides Home a day, 7 days a week or 1 hour a day, 1 day a we