First 8 steps in the buying process.

Here are 15 steps you should take when buying a Boston condo:

Understand your finanances

Get organized, understand your finances. Do a credit report on yourself this will be an overview how banks will rank you in obtaining a mortgage. Credit reports play an important role in obtaining a mortgage.

Understand the mortgage industry

Finding a mortgage lender is very important to you in obtaining a mortgage. Learning about the mortgage process will help you in buying that Boston condo that you’ve been dreaming about.

Getting pre-approved  for a mortgage

You want to be pre-approved before looking at Boston condos for sale. By having a pre-approval letter when submitting an Offer to purchase makes it look more attractive to the Seller.

Determine what you want, need and must have

Buying a Boston condo does not have to be as difficult  as you might think. The process can be easy if your familiar with the Boston condo market and then narrow down what your wants, needs and must haves before you start your search.

Find the right real estate agent

having a good relation with your Boston condo broker is essential, most importantly make sure you easy access to your broker. All my clients can call, text or email me 24/7.

Making an Offer

When you find a Boston condo your agent will draft an Offer to purchase. this will include the offer price, down payment, P&S dated and closing date. In Boston all Offers are submitted with a $1,000 check that will only be cased of the Offer is accepted.

Purchase & Sales

The P&S is the more formal contract that usually takes place about 2 weeks after the Offer has been accepted.  At this time you will need your 20% down payment. The P&S is drated and edited by the buyers and sellers attorneys

Home Inspection

Home inspections are generally done about 17 days of the acceptance of your offer. The home inspection will reveal if there are any issues with the property that you want fixed before the closing. If the Seller refused to fix it, you can walk away from the deal.

CONCLUSION

Consider me your #1 resource for all things regarding Boston condos for sale! Household changing? Getting married (or divorced)? Time for a change of scenery or job relocation? Want to invest? Just send me an email  at realtyford@yahoo.com or call 617-595-3712 – I can help.

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Charlestown area condos for rent
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Boston Beacon Hill condos for sale

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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