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Buying or Selling a Home/finding a buyer who needs a very large old home

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Expert: John Hendricks - 3/26/2009


Question
I'm wondering if there is a source for finding someone who is looking for a very large historic home to convert to a group home, assisted care home, or bed & breakfast.  Our son is in a group home and they get over $2,000 per month for his care. Two of the bedrooms have two people in them. We own a 7-bedroom (plus study and sewing room). Six of the bedrooms could easily accommodate two people because they are so large. Figuring this way, there would potentially be room for 15 residents and staff. There is a back stairway that could possibly allow for an elevator. We are in Everett, WA and live two blocks from a hospital and one block from a dialysis center.  We are now in the process of cleaning/de-junking so it's not ready to list with an agent. However, if there was a party SERIOUSLY interested for a specific purpose, we would be willing to let them see it.

Answer
Dear Pamela;

Thank you for your question.

The first thing you may want to do is depending on the state in which you reside, contact the state and local offices for assisted living, or care facilities to investigate the requirements needed to start a group home. I am talking about requirements for the location of and amenities to establish such a home. There are a number of hoops you have to jump through to have your home accredited as a group home, and you need to be well informed before starting the process of finding someone to buy your home under those circumstances. Contact your local agencies either through the city or county to get the state information and department you have to contact.

After you determine the likelihood of turning your home in to a care/group home facility, you would want to contact a Realtor who specializes in these type of properties. This also would take some investigation as not every Realtor sells this type of property. You would need to call a number of Real Estate Companies asking if there is one or two specific Realtors who represent care facilities or potential care facilities. If they do not have a Realtor who can help you, ask for a company that can. They should be able to direct you to the right Realtor. You can also contact some local group home for recommendations of Realtors, as well as the state and local agencies you would need to contact as mentioned earlier.

I hope this helps you... Good Luck!

Warmest Regards;
John Hendricks

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John Hendricks

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As a California Realtor for 23 years practicing in Marin and Sonoma Counties, it is now time to provide counsel through AllExperts.com to those who need advise in real estate. My knowledge and experience includes a wide range of resale residential real estate purchases, new home sales, income related investment properties involved in 1031 exchanges, and land. Let me help you in any of these areas...

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John Hendricks has established himself as one of Marin & Sonoma Counties premier Realtors. A native Californian, John is a well-known and respected Realtor in both Marin & Sonoma Counties who has resided in the Northbay since 1976. John began his real estate career in 1986, and since then has distinguished himself as one or Northern California's top producing Realtors. Before joining Frank Howard Allen Realtors, John was an associate of the Prudential California Realty from 1990-1992 where his outstanding sales achievements earned him one of the company's highest honors, the prestigious "President's Circle Membership", presented to the top 2% of associates for sales and earning excellence. Since his association with the highly regarded Frank Howard Allen Realtors in 1992, John has once again established himself as one of his company's Top 10 Producing Realtors in Marin & Sonoma Counties for the years 1993 through 2007 and now in 2008. Five continuous years of outstanding performance has now allowed John to join 15 other Realtors in the prestigious "Lifetime Hall of Fame" for Frank Howard Allen Realtors. John established a group of professional individuals who specialize in a variety of areas in real estate called, 'Lundmark-Hendricks Fine Homes' This group of professionals are dedicated to the success of representing clients with the greatest amount of care and service when either buying or selling real estate.

Organizations
California Association of Realtors National Association of Realtors

Education/Credentials
Upon Request...

Awards and Honors
Frank Howard Allen Realtors "Hall of Fame Member" Chairman's Circle for 10 consecutive years

Past/Present Clients
Joe Louis & Sharon Sigurdson We want to thank you again for your excellent representation of interests during the recent purchase of our home in Petaluma as well as the sell of our home in Mill Valley. We had the unusual pleasure of working with you during the last year both as sellers and buyers. We felt that our interests were always paramount and that we received a very fair price for the sale of the Mill Valley house as well as our purchase of our new home. This speaks particularly well of you, because of the recent unstable and chaotic real estate market. Will Finke "Quite frankly, we came out of a very difficult situation, which time does not allow elaborating on. This was one of the greatest experiences of our lives as clients. John Hendricks is one of the top businessmen I have ever met." Bruce & Nancy Rosentreter "I chose John Hendricks to sell my house. I picked him because I thought he was professional, aggressive, and that he could get top dollar for my house. He fulfilled my expectations completely." Joy Schuelke "Since we were trying to sell a high end home in a very tough market, and in the middle of a very rainy winter, the prospects seemed quite bleak. I was convinced at the time, and am even more so now, that without John's tenure, patience, and tenacity, we would have not been able to move the property." Lynn McCarthy "I cannot stress strongly enough how impressed I was with the service provided to me by John and his group. Throughout the entire transaction, John was always available, always forthcoming with excellent advice based on his years of experience, and always willing to put in the extra effort to make this a positive experience for me. I feel lucky to have had the experience of working with him." Lea Lieurance-Turk "Thank you John for your outstanding real estate services for the past 5 years I have known you. You have made my dreams come true as far as selling and buying property."
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