Choose Your Best Condominium

Pet policies throughout the Philadelphia condominium landscape are as varied as the associations who put forth their rules regarding pets. From exceedingly liberal to exceedingly exclusionary, pet policies have a way of dividing many associations, and feelings towards pet policies run from hot to mild as there are valid arguments, both pro and con. There are also a number of Philadelphia condominium associations who have come to a compromise that has allowed for a greater share of the buying public to consider their building when they and their pet shop for a new condo in Center City.

Generally, the Center City pet policy in the low-rise/Brownstone sector of condominiums allows pets. I am aware of no low-rise condo building that prohibits pets from their buildings- though restrictions on size, breed, and number of pets may be limited. Amongst the high-rise condo sector, I would have to argue that most do allow pets, but not all.

Research is the key to making this purchase. Begin by examining your lifestyle and priorities. Determine what is important to you. Do you want to live in or near the city? Do you want to have a short commute to your job? Is the school system important to your family? Do you want to live in the suburbs? How many bedrooms and bathrooms do you want?

Next you will need to know how much you can afford in monthly mortgage payments. Make a budget and evaluate how you spend money. Then call a reputable mortgage company or bank. Tell them you are interested in receiving a “pre-approval.” Be prepared to give them your social security number and information about your income. The representative will do a calculation and determine the amount you can pay for a condo.

Now you are ready to shop for a condo. Armed with your with your “wish list” and condo price range, begin your shopping on the Internet. Check out real estate listing sites. It may also be time to enlist the help of a real estate agent. They are trained to understand the market and they know what condos are currently or soon-to-be available for sale.

With twenty (20) years experience selling condos in Center City Philadelphia, I can attest to the fact that I have yet to meet a buyer who will favor any given condo building over their pet. Said again, I have never met a buyer who will give up their pet to live in one specific building. Every time, they will omit the building- not the pet. Moreover,

I have never met a buyer who said that they would NOT live in a building which allowed dogs. In the current buyers market of the Center City condominium sector, does it not make sense for most associations to ease up on their restrictive pet policies? It certainly is going to affect the resale value and ability of those condos which are up for sale, or will be for sale in the future.

Purchasing great properties like Miami Beach condo is known to be expensive. It is important that you have enough budgets for this great acquisition. It is known to be one of the most expensive properties because of the luxurious lifestyle it can provide to its residents and occupants.

If you do not have enough money, then you can search for the best financial lenders that can help you buy the property that you want.

Michelle Emily is a veteran real estate investor who has purchased many different types of properties including condos. You can learn more by visiting her website Condo Journal