WE ARE YOUR TRUSTED SENIOR SPECIALIST

What is a Senior Specialist? A Seniors Real Estate Specialist® (SRES®) designation is for REALTORS® who want to be able to meet the special needs of maturing Americans when selling, buying, relocating, or refinancing residential or investment properties. By earning  the SRES® designation, REALTORS® are prepared to approach mature clients with the best options and information for them to make life-changing decisions. Encompass Realty is here to help with the process.

Why work with a Senior Real Estate Specialist?

Whether you are considering aging in place, right-sizing, purchasing a rental property, or even upsizing to a new location, dealing with real estate transactions and choices can be a confusing maze to negotiate, even for experienced home buyers. Beyond the complexity of real estate transactions, those over fifty are often more sophisticated shoppers and can benefit from a knowledgeable SRES representative.

Benefits of using an SRES agent include:

• Customized approach to your living situation that fits in with your overall
  life plan.

• Awareness of options like senior-based communities and aging in place
  needs.

• Multiple choices that help reduce out-of-pocket expenses, acquire cash
  and create or delay income streams or get financial aid for when you
  need it at a later date. This can help you remain independent longer.

SENIOR SPECIALIZED RESOURCES

Legal – a network of specialist who can advise on planned senior communities with new homes designed for the needs of seniors, understanding the requirements of the Housing for Older Persons Act  (HOPA) that sets forth guidelines and exemptions on housing developments and communities targeted towards seniors. and possibly on how to designate a title to secure your future wishes and legacy.

Financial – a network of specialists who consider your options and resources to prepare for financial challenges. This is not only for buying and selling a home, but also if you choose to age in place and remodel your home. It is also for those interested in purchasing a rental property as a potential revenue source during retirement, Capital gains and other tax issues relating to owning real estate to better help seniors decide if a rental property is really the best option. Also, about how using pensions, IRAs , 401ks , and other retirement accounts in real estate transactions work. They also understand reverse mortgages, both the positive sides and the potential downsides of that type of mortgage for seniors.