Here are 6 simple tips on how you and your broker can write up a successful Offer on the Boston Seaport condo that you want to buy,.

1. Clearly Define Your Idea of a Perfect Boston Condo

Boston condo for sale searchers become fixated on location, while others only think about aesthetics. Some look at Boston midtown high rise condominium, while others want to be in a historic area such as Beacon Hill. Before you rush into putting an offer on a listing other buyers are pursuing, try to imagine living in that condominium. The vision should go beyond the big picture. It should be holistic.

2. Share Your Dreams with a Downtown Boston Real Estate Agent

Both you and your broker need to be on the same page. Retain the services of an agent who agrees to notify you, say, when units in the Boston Seaport become available  Not all real estate professionals will agree to work in this fashion, which means you may have to shop around a bit.

3. Obtain a Mortgage Preapproval

Agents who represent Boston downtown real estate sellers usually tell their clients to dismiss prospects who show up without mortgage preapproval documents. There’s a difference between being preapproved and prequalified.  Boston downtown real estate sellers will always listen to bidders who are preapproved.

4. Make a Cash Offer

 It would not be unreasonable to think the seller could be swayed with a cash offer as long as it’s properly backed up with a statement from an accountant. Cash offers made on Boston midtown condos aren’t as common as they were in the past, but they’re more likely to trump bids that have financing contingencies attached.

5. Eliminate Financing Contingencies

If you’re a Boston condo for sale buyer with cash, you can waive the financing contingency on the purchase contract. Even if you have terrible credit, a mortgage lender will likely preapprove a deal with a 50 percent loan-to-value ratio.

6. Go Easy on Inspection Contingencies

Renovation projects can be incorporated into dream Beacon Hill condo. If you fall in love with an older Boston Beacon Hill condominium that you know will require some work, you may want to ease up on the inspection contingencies. 

When you’re looking to buy your dream Boston condo for sale, one of the smartest strategies you could employ is working with experienced agents who have in-depth knowledge. Please keep us in mind when you start your Boston condo for sale search.

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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