Aka: Don’t Be the Most Hated Person in Your Philly Condo Look, if your goal is to become a social pariah before you’ve even unpacked your Vitamix, by all means, treat your building staff like servants. But if you’d prefer your guests weren't interrogated like criminals, and your Amazon packages didn’t mysteriously "vanish" for three [...]
A Guide for Philly’s Newest Urbanites Moving from the quiet, tree-lined cul-de-sacs of the suburbs to the vibrant heart of Philadelphia is an exhilarating transition. Whether you are eyeing a luxury condo near the University of Pennsylvania or a sleek loft steps from Jefferson Hospital, the draw is undeniable: world-class dining, culture, and walkability are right at your [...]
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 [...]
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. [...]
...and has dirty orange shag carpeting, and faded purple walls. I really do.Buying a cosmetically ugly home is the VERY best way to protect your investment. Our little group of REALTORS® (www.CenterCityCondos.com) have sold over 3,000 homes and one distinction we can brag about is our ability to pinpoint condos which are "diamonds in the rough" and finding condos that [...]
I get this question all the time. Why do condo fees vary from building to building? Generally speaking,the answer is simple, yet sometimes detailed. Let's start with what almost all condo fees (here in Center City Philadelphia) cover: master insurance policy, common building lighting, building maintenance, water & sewer, and a what I call a [...]
