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 Philly Condo offer: Shorten your settlement date-especially if the home is vacant. Get a pre-approval from the mortgage company that the LISTING agent uses most. This will allow the listing agent, [...]
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 to four story building. Defined as such due to the physical nature of how such [...]
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 WTF is a Capitol Contribution?Quite simply, it is a one-time fee collected from every buyer. [...]
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 injury lawyer. That could really do more harm than good, in my opinion. Get a [...]
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 days instead of 15 days.*Put more money down (to be held in escrow). A full [...]
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 buyers when purchasing a Center City condo: Many buyers rank appreciation as a reason to [...]
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 love such a view? The question is- Are you willing to pay for such an [...]
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 taken off in downtown Philadelphia. Lofts vary in look, layout, and location throughout downtown [...]
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 folks have figured out that buying a condo in the area is a wise investment, [...]
