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…
Category: Philadelphia Real Estate: Condominiums
Top 5 Pools in Center City Condos
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
WTF is a Capitol Contribution & Why?
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…
Ten things you really should know if you’re buying a condo in Center City Philadelphia
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
Sweeten Your Offer
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…
Value Growth is Not Guaranteed
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…
Killer Views – Assessing the value of a Philadelphia Condo View
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…
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Philadelphia Loft Living for Empty Nesters
Center City offers a buffet of living arrangements. Almost any Center City condominium with a smattering of exposed brick attempts to pass itself off as a loft. Often sought after as an expression of one's own style, loft living has…
Condos near Jefferson Medical School in Philadelphia
Every spring, my phone starts ringing off the hook with students and or parents of students who will be attending Jefferson Medical School. My name is Mark Wade, and I am a realtor in Center City Philadelphia. Many of these…
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Putting a Value on Philadelphia Pre-War Condominiums Cache
If the adage location, location, location were as etched in stone as it is etched in many buyers minds, then there would be little price difference between The Wanamaker House Condos at 2020 Walnut St., and its high-rise condominium neighbor,…
Read More Putting a Value on Philadelphia Pre-War Condominiums Cache