Buying a new Boston Seaport condo for sale is a huge financial commitment, and more than likely one of the biggest that you will make in your entire life. Its equal parts exciting and nerve wrecking as you will be spending a huge chunk of your hard earned savings, and committing to payments for a significant amount of time.

Buying a new Boston downtown condo has various variables and unknowns that you need to consider. Whether they are legal negotiations or finding out whether your bank will lend you money and how much, there is lots to consider to make sure you land your dream Beacon Hill condo. But we’re here to help, There are a few things you should do straight away to get things off to a good start.

Calculate your mortgage

Obtaining a mortgage can play a crucial role in deciding which Boston downtown condo you are able to afford. So make sure you calculate it correctly, there are numerous free tools online that will take your information and calculate it for you.

Consult with a Boston Condo Broker

Realtors are the real deal when it comes to buying Beacon Hill condos for sale. Their experience and knowledge of the current housing market in their area will ensure that you get the best house for your budget.

Find suitable mortgage lenders

Buying a Boston high rise condo for sale is a long commitment. You will be paying mortgage payments for 10,15, 20 or more years. This is why you will need to find a reputable mortgage lender that offers the terms and flexibility that you require. Check online and read reviews of different lenders and ask your friends and family before choosing one. These are just the initial things that you have to do before you buy a home. 

Here they are:

  •  Please don’t view Boston condos for sale before knowing how much you can borrow, you may end up looking at Boston Seaport condos that are out of your price range.
  • Always obtain proper advice. Whether its realtors or mortgage advisers, make sure you consult those that are in the industry, rather than relying on well-meaning friends and family.
  • Don’t spend all your savings on the deposit. When it comes to your savings, never spend it all on your down payment, nearly every Boston condo comes with unexpected costs.

Conclusion for Boston condo buyers

So there you have it. Buying a Boston condo for sale can be a complex and needs to be done very carefully. Make sure you follow the steps here and if you want to learn more on buying a Boston Charles River Park condo and what factors you need to consider, .

Boston condos for sale


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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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