Cedar Hill Realty | Gary Plante Rehoboth MA Real Estate Rehoboth MA Homes For Sale


As a condo buyer, it is important to find a property that matches or surpasses your expectations. At the same time, you'll want to do everything possible to avoid paying too much for a condo.

What does it take to shop for a condo and avoid the risk of spending too much to acquire your dream residence? Here are three tips to ensure you can pay the right price for any condo, at any time.

1. Browse the Real Estate Market Closely

An informed condo buyer will be able to differentiate a mediocre property from a great one. Plus, this condo buyer will know what it takes to avoid paying too much for a property that is unlikely to deliver long-lasting value.

Take a close look at the current housing market to understand the prices of condos in various cities and towns. By doing so, you can determine the price range for condos that fit your needs.

Don't forget to check out the prices of recently sold condos in your area too. That way, you can understand how long condos typically are available before they sell and map out your condo buying journey accordingly.

2. Get Pre-Approved for a Mortgage

Pre-approval for a mortgage will allow you to define how much you can spend on a condo. It also will enable you to reduce the risk of stretching beyond your financial means to acquire your dream condo.

To get pre-approved for a mortgage, you'll want to meet with several banks and credit unions before you kick off your condo search. This will allow you to learn about both fixed- and adjustable-rate mortgages and the pros and cons associated with these mortgages.

Furthermore, don't be afraid to ask lenders how different types of mortgages work, as this will enable you to select a mortgage that corresponds with your budget both now and in the future.

3. Consult with a Real Estate Agent

Employ a real estate agent to assist you along the condo buying process – you'll be happy you did. This real estate professional will do what it takes to help you land an exceptional condo at a budget-friendly price.

A real estate agent understands the differences between a buyer's market and a seller's one. As such, he or she can offer tips at each stage of the condo buying process, ensuring you can buy a top-notch condo without spending too much.

In addition, a real estate agent will take the guesswork out of going from condo buyer to condo owner. This housing market professional will set up condo showings, negotiate with condo sellers on your behalf and much more. That way, you can accelerate the process of acquiring a great condo.

Buying a condo at an affordable price may seem impossible at times, but a real estate agent will make it simple for you to do just that. Consult with a real estate agent today, and you can improve your chances of securing a condo without the risk of overspending.


This Condo in North Attleboro, MA recently sold for $100,000. This Garden style home was sold by Office Rehoboth - Cedar Hill Realty.


47 Juniper, North Attleboro, MA 02760

Condo

$109,900
Price
$100,000
Sale Price

3
Rooms
1
Beds
1
Baths
Large one bedroom garden style condo. Great value!!! in this well maintained complex. Galley kitchen, open floor plan, wall A/C, intercom, fully applianced. Low condo fees include water and sewer, trash removal, master insurance, exterior maintenance, landscaping, snow removal. GREAT LOCATION, GREAT PRICE!!

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A condo can be a great resource in expanding your property search for a home. Condos allow the same benefits of traditional single family home ownership with slightly less hassle. If you have been juggling the idea of buying a condo versus a traditional home, you may be in luck. The first thing you should worry about is whether or not your needs will actually be met by condo living. Do you want a big yard? Are you comfortable having neighbors super close by? Most importantly, you need to make an informed decision that will help you to find the kind of property that’s right for you.


The Advantages


If you want a secure space and living that provides you with easy upkeep, a condo is really a great option. Condos provide many advantages that people may have not even thought of until now. 


Great Amenities


Condo living has different perks than that of traditional homes. Your condominium complex can include things like a swimming pool, a clubhouse, community events, tennis courts, fitness centers, and more. You won’t get all of these little extras living in a single family home. It can be a great environment for both single people and families alike.    


Security


Condos often offer either a gated community or security staff on the premises. These features allow you to feel a lot more secure in your home environment. Security will keep rowdy kids from roaming the property and only allow owners and their visitors. This feature alone may be worth it for many home buyers when shopping for a place to live.   


No Maintenance


If you’re the type of person who doesn’t enjoy yard work and is not a DIYer, condo living could be for you. Included with your condo fees is the ability to have different things in and around your home taken care of. Although the fees include different extras from place to place, Living in a condo is definitely less work as far as home care goes than a traditional house.


Price


Although condos do include additional fees, the price point of most condos is much lower than that of a traditional home. If you are just starting out, a condo is a great way to ease into homeownership without needing to save up an exorbitant amount of money for a downpayment.


The Disadvantages


While condo living has many different advantages, they do carry some disadvantages for people. These include:


  • HOA Fees
  • Lack of privacy
  • A difficult sell if you want to move
  • You live under management rules



These points can be deal breakers for some buyers. While many relish their freedom from maintenance responsibility, others just want to do as they please with their yard without needing approval. A condo could be a great choice for you in your own situation, you just need to step back and look at the pros and cons.


This Condo in Mansfield, MA recently sold for $199,900. This Garden style home was sold by Office Rehoboth - Cedar Hill Realty.


20 Webb Pl, Mansfield, MA 02048

Condo

$199,900
Price
$199,900
Sale Price

4
Rooms
2
Beds
2
Baths
Location, Location, Location - this is a great 2 bedroom 2 full bath garden style condo off of the downtown in Mansfield. Updated kitchen, new cabinets, all stainless steel appliances and corian counter tops. New flooring as well. Just move in!!! Washer / Dryer stay. Pets welcome. Forced hot air with central air. Walk to restaurants, shops, train station.

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This Condo in Mansfield, MA recently sold for $229,900. This Townhouse style home was sold by Office Rehoboth - Cedar Hill Realty.


10 Erick Rd, Mansfield, MA 02048

Condo

$234,900
Price
$229,900
Sale Price

5
Rooms
2
Beds
1/1
Full/Half Baths
MOVE-IN READY 3 Level, 2 bedroom, 1.5 bath, end unit townhouse at Edgewood Condominiums! Light and Bright Living Room with Wood Burning Fireplace, Beautiful HARDWOOD FLOORS and stairs to 2nd level. Large Eat-In Kitchen with Stainless Steel Appliances and slider to deck for grilling. . Replacement windows, slider and front door.. Full Bath on 2nd floor is Hollywood Style w new vanity, lights and counter adjoins the Master Bedroom that has two closets. . Recent hot water heater. Partially Finished Basement great for use as an office or Family Room. Full basement waterproofing system french drains and battery backup. . Quick access to the Commuter Rail, Routes 495, 95 shopping and Patriot Place.

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