Saturday, August 25, 2007

Conducting a Neighborhood Review

Northwest MLS Form 35N is used when a buyer is submitting an offer to purchase a home that is contingent on the buyer’s subjective satisfaction of the neighborhood in which the property is located. The neighborhood review may include a buyer’s investigation of the schools, proximity to bus lines, availability of shopping, traffic patterns, noise, parking and investigation of other neighborhood, environmental and safety conditions they buyer may determine to be relevant in deciding to purchase the property. The key for buyers and sellers to remember when this contingency is used is the buyer’s approval of the neighborhood review is completely subjective.

It is always a good idea for a buyer to conduct a neighborhood review regardless of whether this contingency is actually incorporated into a purchase and sale agreement. If you are a buyer, feel free to utilize these online resources when conducting your review:

Neighborhood Characteristics:
http://www.davidjedwards.com/community_info.asp http://www.davidjedwards.com/community-reports.asp#TPREPORTreport=CommunityReport&action=ReportClick&http://www.davidjedwards.com/neighborhood-videos.asp
www.claritas.comwww.intelius.com

Condominiums:
www.metrokc.gov/GIS/mapportal/PViewer_main.htm (Scroll down to
Condominium Unit Descriptions)

Schools:
http://www.davidjedwards.com/community-reports.asp#TPREPORTreport=SchoolReport&action=ReportClick& http://www.davidjedwards.com/school-websites.asp http://community.seattletimes.nwsource.com/schoolguide

Transportation:
www.wsdot.wa.gov (Department of Transportation)

Commerce:
http://www.gorenton.com/ (Renton Chamber of Commerce)
http://www.newcastlecc.com/ (Newcastle Chamber of Commerce)http://www.bellevuechamber.org/ (Bellevue Chamber of Commerce)

Safety:http://www.davidjedwards.com/government-contacts.asp
www.nsopr.gov (Dru Sjodin National Sex Offender Public Registry)

Oftentimes, the best way to get information about a particular neighborhood is talk to the neighbors face to face.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington’s Renton Highlands, Newcastle and South Bellevue.

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