Today's Condo Manta should be: "Association, Association, Association" Condominium Associations Policies Are Playing a Heavier Role In Value Determination. Many condo buyers are dismissing the old adage of "Location, Location, Location" as being the primary determining factor in the value…
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Buyers Should Scrutinize the Dealings of a Condo Association Too
A blind man knows when the sun is shining, and even a casual observer can spot a poorly operated condominium association. A lax set of rules and regulations, perceptually poor upkeep, higher than usual percentage of rentals, restrictive pet policies,…
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Defining Low Rise Condominiums in Center City Philadelphia
Here in Center City Philadelphia, low rise condominiums (LRCs) are numerous and are often favored by many buyers. LRCs are generally characterized by buildings that are less than four stories tall and generally have less than twenty condominium units in…
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Condominium Pet Policies and Resale Value
How might the former affect the latter in a Philadelphia condominium? Pet policies throughout the Philadelphia condominium landscape are as varied as the associations who put forth their rules regarding pets. From exceedingly liberal, to exceedingly exclusionary, pet policies have a way…
Condominium Pet Policies vary Building by Building
Every Philadelphia condo association has its own rule governing cats, dogs, giraffes, and other miscellaneous pets. Here in downtown Philadelphia, I find that almost all of these small associations allow dogs and cats. I dunno about giraffes. Rarely are size or breed…
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Emotion Equals Value in Some Segments of the Philadelphia Condominium Market
In many urban condominium markets like Philadelphia, the adage of Location, Location, Location may not be as important as Condition, Condition, Condition. And many segments of any Philadelphia condo market will often attract buyers that have no special home renovation…
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Spruce Street and Pine Street condos in downtown Philadelphia
Along (what I have dubbed) the Spruce/Pine corridor here in Center City Philadelphia, there are a variety of low rise/Brownstone styled condominiums that have seemed to perform reliably well over the past decade. From studios to three bedroom units, these…
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Seven Road Blocks to Condominium Financing…
Condo Associations are becoming heavily scrutinized. We have all heard of the difficulties in procuring a residential mortgage - from the need for high credit scores to the down payment requirements. The new qualification paradigm for obtaining a mortgage can…
Staging Your Philadelphia Condo For Sale
Buyers don't buy bricks and mortar. They do buy feelings and emotions. Staging works. Adding a hint of color, some well-placed artwork, rugs, and furniture can really add that pop of visual excitement that MANY buyers crave. Use the slider…
HGTV Shows I would Like to See
I like HGTV. I think their shows are timely, relevant, and interesting. A nice combination of education and entertainment centered around a topic that everyone likes to talk about – Real Estate. Here are some ideas I have for TV programs…