over 55





6 tips when shopping for a neighborhood

There's more to shopping for a home than just looking for a house. A big
part of the purchase is about the neighborhood and surroundings.

So before you move, know what to look for:

1. Where is it?
The cardinal rule of real estate is location. Is the house close to
schools, new jobs, parks, downtown or public transportation? Figure out the
locations and distances that are most important.

2. Keep your budget in mind.
Don't let high-gloss brochures interfere with
your bottom line. Luxury neighborhoods are beautiful, but make sure you're
financially comfortable buying a home in a fancy location before you commit.

3. Thriving or declining?
Is your dream neighborhood improving, or settling
into obsolescence? Are the neighbors keeping up their properties? Is there
an abundance of 'For Rent ' signs?

4. Extra fees.
If your dream neighborhood has a homeowners' association
(HOA), make sure you budget for monthly HOA dues.

5. Holding value.
Shopping fixer-uppers? Remember not to improve the
property beyond the rest of the neighborhood. Putting too much work into
your house may mean you won't recoup all your investment when you sell.

6. Go before you buy.
Explore your new neighborhood outside of the open
house times. Are the streets usually full of cars? Is there a drummer or noisy
dog living next door? Talk to potential neighbors and get the scoop before you
submit an offer.

Of course, you don't have to find your dream house on your own. If you or someone
you know is ready to buy a new home, call me today!



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