Make sure you do your due diligence when it comes to buying a Boston condo in a building that has/ might need an assessment for capital improvements.

If you’re considering purchasing a condo in a building that might need retrofit work,  request the last condo association meeting notes from the seller,  this will indicate if an assessment is in the works and/or the retrofit status. There should be information there confirming whether the building is exempt from doing the work, or will be required to do so in the near future. (Owners may also have already completed the work.)

If the work still has to be done and the seller is not planning to pay for it, you need to factor that cost into your purchase and budget.

In addition, make sure that the contractor performing the work pulled the required Boston building permits. I am aware of one building in the West End where the contractor didn’t apply for the proper permits and the city shut the project down. Not taking any action to comply could ultimately result in the city fining building owners for code violations, placing a lien on the property, and forcing owners to deal with legal expenses if the city refers the case to the city attorney.

Contact me  to set up an appointment to start your Boston condo selling/ buying process.

Boston condos

Boston condos for sale

SEARCH BOSTON CONDOS FOR SALE

For more information please contact one of our on-call agents at 617-595-3712.

Updated: January 2018

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

Comments

comments

Call Now