Boston condos for sale: How buyers can prepare for the Spring Market

Finding a Boston condo for sale you love and that fits your wants, needs, and budget can be a monumental task. But to find an affordable Boston condo for sale you will also be faced with beating out your competition. A well-priced Boston condo for sale in good condition will move quickly and likely have multiple offers. So, if you want to end up with the home of your dreams, you need to be prepared.

Get Your Finances in Order

Before you even begin looking for a Boston Seaport condo for sale, the first step is to make sure you’re in a financial position to buy. You should obtain copies of your credit score several months in advance to better help understand your position. You’ll also want to shop around for mortgage financing before searching for Boston Seaport condos. In the S[ring market, it’s best to come to showings armed with a preapproval letter or a “proof of funds”.

Prepare to Be On-Call

With so many other Boston condos buyers in the Spring market compete with, timing will be essential. To be successful in your Boston Beacon Hill condo search, you will need to be readily available at a moment’s notice.Searching for Boston condos for sale is not something to fit in when you can. If you are only looking when it’s convenient for you, you’re probably wasting your time. Be prepared to comb through listings regularly, go to viewings at the seller’s earliest convenience. Not only will this be essential for timing, but can also help build a rapport with the Boston downtown real estate broker.

Come Ready with Paperwork

Simply swearing to a seller that you have enough money for a down payment for a mortgage just isn’t going to cut it in the Spring market. If you truly want to be taken seriously you’ll need to show up with hard evidence in hand. Come equipped with a pre-qualified loan, an approval letter from your lender, and a “proof of funds.”  Actions speak louder than words, and showing up prepared will let any seller know that you mean business.

Start with Your Best Offer

In the Spring market, you are likely in competition with other buyers who want the Boston midtown condo just as much as you do. So, if you know you’ve found the property you want, don’t wait to make an offer. A competitive offer comes with the least amount of contingencies. And you should be prepared to make an offer at asking price or above to really stand a chance. Also consider what the seller’s needs are. Are they looking to close quickly or at a later date? Are they looking for the best price or simply the lowest risk?

Make a Connection

It’s true that some sellers are only concerned with how much money they can get for their Charles River Park condo. However, Include a personal letter about why you think this home is the right fit for you. Give them a backstory about you and maybe even include a photo. This might not be the best approach for everyone, but it has worked for many people in the past and it might just work for you too!

Make a Back-Up Offer

Many prospective Boston high rise condo buyers don’t want to make an offer on a home that already has a pending contract. But deals frequently fall apart over finances, inspections, and other contract terms. If you believe you have found the perfect Boston condo for sale but it’s already under contract, make a backup offer. It couldn’t hurt. If the current deal falls through or the buyer walks away, you will be in first place for your dream home.

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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