by Tina Merritt
The majority of sellers and listing agents do not research crime statistics for their area. For the most part, the rules regarding disclosure of crime do not fall on the seller, but on the buyer to find out for himself.
Unfortunately, most buyers and many buyer's agents fail to perform this very simple task. Crime statistics are public information and can usually be found on the local police department's website. If they are not, the information can easily be obtained by visiting the local police precinct.
Another site which should be checked is the state's sex offender registry. This site can give you a list of all the registered sex offenders within a certain radius of the address you input. If you have an iPhone, there is an app called "Offender" which offers access to a national database for sex offenders.
What should you do with this information? Well, of course you are now a more informed buyer and maybe you have chosen a property in a high crime area that you are no longer interested in due to the crime statistics. Perhaps you are still interested, but now are concerned with theft during your renovations due to the area's crime rate. Or, maybe that great rental property that is "perfect" for a young family no longer looks so rosy with a registered sex offender living next door.
Knowledge is power. Take your time to research your investments.
Tina Merritt is an 11 year veteran Real Estate Agent and Trainer based out of Virginia Beach, Virginia. She holds a degree in economics from Virginia Tech and post-baccalaureate from Virginia Commonwealth in real estate and land development. As an avid social networker and internet marketer, Tina helps real estate agents, loan officers and affiliated industries embrace technology. As a real estate agent, Tina primarily deals with marketing and selling properties deemed "hard to sell" and also works with real estate investors helping them build and/or liquidate their portfolios for maximum profit.
