Kevin Song, Serving Your Real Estate Needs in Waltham, Watertown, Arlington, Cambridge, Somerville


After you complete a condo inspection, you'll need to make a major decision: Should you move forward with your condo purchase or rescind your offer?

Ultimately, there are several important questions to assess before you finalize your decision on a condo, including:

1. What was discovered during the property inspection?

Study the results of a condo inspection closely. By doing so, you'll be able to learn about a condo's strengths and weaknesses and plan accordingly.

A property inspector will evaluate a condo both inside and out. He or she also will provide honest, unbiased feedback, enabling you to make an informed decision about how to proceed with a condo.

Take into account major and minor condo problems that a property inspector discovers. And if this inspector finds minor flaws associated with a condo, you may want to stay the course and move forward with your initial proposal.

On the other hand, if a property inspector finds significant problems with a condo, i.e. issues that may prove to be costly and time-consuming, you may want to consider rescinding your offer. Or, in this case, you can always ask the condo owner to complete property repairs before you finalize a condo purchase.

2. How much will it cost to perform assorted condo repairs?

The costs associated with condo repairs will vary. However, if you allocate the time and resources to learn about condo problems and the costs associated to fix these issues, you may be able to avoid expensive, time-intensive mistakes.

For example, consider what might happen if a property inspector discovers a defective kitchen light switch in a condo. Although this light switch is a problem, the time and costs needed to repair or replace the faulty light switch likely are minimal. As such, a condo buyer may choose to ignore this problem, or a condo owner may be willing to complete the fix quickly.

Conversely, consider what could happen if a property inspector finds that a condo's furnace is defective. It may cost thousands of dollars to fix or replace a faulty furnace. As a result, a condo buyer may ask the property seller to repair or replace the defective furnace. And if the condo owner fails to do so, a buyer may choose to walk away from the condo purchase altogether.

3. Can I enjoy this condo both now and in the future?

It is essential to consider both the short- and long-term ramifications of a condo purchase. That way, a condo buyer can determine whether a property can serve him or her well for years to come.

A property inspection offers valuable information that a buyer can use to assess the pros and cons of purchasing a condo. Furthermore, a condo buyer who works with an experienced real estate agent can get the support needed to make the best decision possible.

Consider the aforementioned questions as you evaluate your options following a condo inspection, and you should have no trouble deciding whether a particular condo is right for you.


Looking to purchase your first home? Not sure if you want to purchase a single-family home or a condo? What you purchase will be determinant on your thoughts about the below information. Take a look at the various differences between single-family homes and condos and decide the pros and cons for yourself. Location: Based on your price range, you will typically be able to purchase a condo in a location where you would otherwise not be able to purchase a home. But in return, you are often getting less square footage, closer by neighbors, and smaller outdoor living space. If you sacrifice a downtown city location for a location right outside of the city, you will get more for your money. Do you want to be able to walk to restaurants, shops and maybe work or is a home with free parking a more attractive option to you? It all depends on what is most important to you. Privacy: There will be less privacy when owning a condo versus a home, as neighbors are much closer. Condos typically share a wall with one another, some on just one side and some on both sides. This is an important detail to take into consideration when deciding between a condo and single-family home. Additional Costs: HOA fees or homeowner association fees are monthly fees that condo owners must pay. The fees cover things such as utilities, reserve and contingency funds, amenities, maintenance and repairs, which includes lawn care, snow removal, trash removal, exterior upkeep, etc. These costs vary depending on the condo amenities and policies. However, it’s important to be aware that there is the possibility that these fees increase if there is not enough in the reserve to cover unforeseen costs. When owning a home, there are no HOA fees. This means that a homeowner needs to be cognizant of the additional costs of owning a home. Will you purchase a lawnmower and snow blower or hire a service? Will you have the additional funds to pay for unforeseen expenses? These are important questions to consider. Restrictions: Owning a condo has some limitations as there will be restrictions that would not exist when owning your own home (unless you purchase a historical home). There are often restrictions dealing with the exterior of your home, parking restrictions as well as having certain barbecues on decks. Condos are an attractive choice for those looking for a low maintenance lifestyle. And owning and maintaining a home will take more work on the homeowner’s part. It’s important to figure out exactly what you want out of a home before you decide on one or the other, but knowing the difference between a single-family home and a condo is a first step.

This Condo in Northborough, MA recently sold for $375,000. This Townhouse style home was sold by Kevin Song - REALTY EXECUTIVES.


34 Fall Dr, Northborough, MA 01532

Condo

$375,000
Price
$375,000
Sale Price

5
Rooms
2
Beds
2/1
Full/Half Baths
Desirable Church St Village Condominium Townhouse. This 6 year young end unit townhouse at the end of cul-de-sac features an open floor plan 1st floor with crown molding, hardwood floors, upgraded kitchen cabinets, stainless steel appliances and granite counter tops. The living room features a gas fireplace, and slider to a private backyard deck. Upstairs you will find 2nd floor laundry and 2 generous size bedrooms. The master bedroom features a tray ceiling, ceiling fan, walk in closet and master bathroom with double vanity. The 2nd bedroom also features a walk in closet, ceiling fan and private bath. Full basement provides expansion potential. This condo is not to be missed.




Ready to purchase a condo? No worries, as there are many terrific condos available in cities and towns nationwide.

As a condo buyer, you'll want to do everything possible to ensure you can buy a top-notch property quickly and effortlessly. Lucky for you, we're here to help you streamline the process of acquiring your dream condo.

Now, let's take a look at three tips to help you simplify the condo buying process.

1. Know What You Want Out of the Perfect Condo

Are you looking for a condo in a small town or a big city? Do you want a condo that features a community swimming pool, tennis courts and other deluxe amenities? And how close is a condo to your workplace? These are just some of the questions that you'll want to consider before you kick off your condo search.

An informed condo buyer will know exactly what to look for in the perfect condo. As a result, this condo buyer may be better equipped than others to accelerate his or her property search.

2. Understand Your Price Range

You know that you want to buy a first-rate condo, but what can you afford? With a condo buying budget in hand, you'll be able to estimate your monthly property expenses and plan accordingly.

Getting pre-approved for a mortgage may prove to be a great idea. If you meet with several banks and credit unions, you'll be able to learn about all of the mortgage options at your disposal. Then, you can select a mortgage that will enable you to establish a price range for your condo search.

In addition, don't forget to consider any homeowners' association (HOA) fees before you choose a condo. HOA fees cover property maintenance costs and will vary depending on the condo community. Therefore, if you fail to account for these fees before you purchase a condo, they may cause you to exceed your monthly budget.

3. Work with a Real Estate Agent

Take the risk out of finding a condo that meets or exceeds your expectations by working with a real estate agent – you'll be glad you did.

A real estate agent with condo experience understands what it takes to speed up the search for the perfect property. This real estate professional will go above and beyond the call of duty to help you find a property that you can enjoy for years to come.

Typically, a real estate agent will set up condo showings and keep you up to date about open houses. He or she also will help you submit offers on condos and negotiate with condo sellers on your behalf, ensuring you can manage any challenges during the condo buying process.

A real estate agent will even respond to any condo buying concerns and queries. That way, you can receive expert guidance as you navigate the process of going from condo buyer to condo owner.

Use the aforementioned condo buying tips, and you should have no trouble securing an amazing condo in the near future.



34 Fall Dr, Northborough, MA 01532

Condo

$375,000
Price

5
Rooms
2
Beds
2/1
Full/Half Baths
Desirable Church St Village Condominium Townhouse. This 6 year young end unit townhouse at the end of cul-de-sac features an open floor plan 1st floor with crown molding, hardwood floors, upgraded kitchen cabinets, stainless steel appliances and granite counter tops. The living room features a gas fireplace, and slider to a private backyard deck. Upstairs you will find 2nd floor laundry and 2 generous size bedrooms. The master bedroom features a tray ceiling, ceiling fan, walk in closet and master bathroom with double vanity. The 2nd bedroom also features a walk in closet, ceiling fan and private bath. Full basement provides expansion potential. This condo is not to be missed.
Open House
No scheduled Open Houses

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