Real Estate information for Seniors
Seniors, or mature consumers, have unique needs and concerns with real estate transactions. They need an informed agent, educated on the specific issues related to this market and age group such as:

• Advantages and disadvantages of reversed mortgages
• When 1031 Exchanges should be considered
• Estates and trusts
• Retirement communities and second homes

While information is important, concern, respect and understanding are crucial from the person chosen to assist and counsel Seniors. Deciding which artifacts to keep and which to give up, things that represents a lifetime of memories, can be a struggle before the packing even begins. Many times this is the move that requires giving up more than some memorabilia. Whether your trying to make life a little easier by downsizing, or making the choice to be closer to shopping and hospitals, or trading a high maintenance home for one that will require less maintenance, such a transition can create mixed emotions because:

• You're moving away from long time friends
• Perhaps giving up some independence
• There are concerns about pets
• You're leaving a home you're comfortable in to go to an unfamiliar place

It's certainly a time of reflection, concern, fear, and for many, excitement. This is the time when your life's work and worth need a trusted, honest, informed and understanding agent. Some of our experienced agents have achieved their Senior Real Estate Specialist designation from the Senior Real Estate Advantage Council. Their desire to provide effective help has led them to acquire a higher level of education and training, in order to be qualified to address the concerns and needs of these unique people.

Visit the Hammond Street Senior Center in Bangor at www.hammondstreet.org