Selling Philadelphia condominiums and lofts has a somewhat unique issue that may not be relevant to condos in, say, remote parts of Montana or deserted private islands. And that would be noise. I live in a low-rise Philadelphia condo loft building…
Read More To Keep the Value In – You Gotta’ Keep the Noise Out!
Living in a low rise or loft styled condominium can have its ups and downs. Here in Center City Philadelphia, we consider a low rise condominium to be an association that generally has anywhere from two to eight units, within a three…
Yeah, I swim. A lot. Here are my top five favorite pools in town. 1.) Waterfront Square 2.) One Riverside 3.) The Arthaus 4.) Symphony House 5.) The Murano
Twenty years ago, a Capital Contribution was a very rare line item paid by a buyer to reimburse the seller. Today, a Capitol Contribution is standard for almost any purchase, and the payment now goes to the condo association and not the seller. So…
1.) Do I need a lawyer?Legally, no you do not. However, I suggest you hire a REAL ESTATE attorney as they can be helpful. What I do NOT suggest is that you hire your brother's neighbor, and is a personal…
Read More Ten things you really should know if you’re buying a condo in Center City Philadelphia
It is NOT always dollars and cents that prompt a seller to sign an agreement of sale. Here are a few tips to sweeten your offer:*Shorten your settlement date if the home is vacant.*Shorten your home inspection period to 7…
A small number of condos in prime Center City zip codes have not appreciated over the past decade+/- In my 33 years of selling Center City real estate, I can tell you that value growth/appreciation is a priority for most…
Property Flyers are Often Incorrect Here are a few examples:1) Hardwood Flooring- Likely, it is not hardwood, rather it is laminate. And laminate is preferred in newer condo buildings. It looks good, wears well, and offers an array of styles. 2) Deed Parking- Usually,…
Read More I Believe 48% of What I Read on Real Estate Flyers
Philadelphia condos have a unique issue that may not be relevant to condos in, say, remote parts of Montana or on a deserted private island. NOISE! Some of the most sought-after condo buildings here in Center City are on, or very close…
If you are of a certain age, you recall that Eva Gabor on Green Acres just "Adores A Penthouse View" for which she and her husband no doubt forked over some big bucks to accommodate her desire. And who wouldn't…
Read More Killer Views – Assessing the value of a Philadelphia Condo View
