If you’re looking at condos in Philadelphia, 1201 Fitzwater St., better known as Hawthorne Lofts, is likely on your radar. It’s one of those buildings that looks great on paper, but after years of working directly with the developer, I know there are details you just won't find by scrolling through a Zillow gallery.
On January 4, 2027, Fannie Mae's minimum reserve contributions for condo associations jump from 10% to 15% of annual assessment income. Miss that with no study to back you up, and Fannie Mae can mark your building "Unavailable", meaning no conventional financing for anyone trying to buy in.
The Top Three Condos Near The University of Pennsylvania & Drexel. 2200 Arch Street, 23 South 23rd Street and Locust Point are great nearby options that include 24/7 security.
There’s a disproportionate return on early cosmetic upgrades. The first dollar you spend fixing obvious issues—scuffed walls, worn floors, dated finishes—removes friction. And friction is what holds buyers back.
After 37 years in Center City real estate, the call I dread most is from a seller who accepted an offer — with another agent — and now the deal has just collapsed. Nine times out of ten, it wasn't the price or the market. It was something buried in the building.
The Residences at The Ritz Carlton - High-Rise, Luxury Condominiums for Sale at 1414 S. Penn Square in Center City, Philadelphia
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 [...]
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 [...]
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 [...]
