700 Harrison, Luxury South End Boston 1 Bedroom Condo Under Agreement.

May 8th, 2012

700 Harrison Avenue #513 went under agreement after only 10 days on the market for sale. This was a rare opportunity to own a one bedroom condo with underground garage parking at 2007-constructed 700 700 Harrison Ave BostonHarrison! Professionally managed luxury elevator building close to BU Boston Medical/Dental and all South End hot spots! Expansive floor to ceiling windows with great sun and downtown skyline views! Direct access-via-elevator parking. Hardwood floors, kitchen with stainless Bosch appliances, dark granite counters, great storage. In-unit laundry.Great layout with no wasted space. Common landscaped patio, beautiful contemporary lobby.

To see how I can help you sell your unit or purchase a similar one, please call me at 617 584 9790 or click here. I’ll be happy to help!

For more pix and details, either click above, or click on www.700harrisonave.com

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Downtown Boston Real Estate Market Continues To Be Very Active

May 8th, 2012

May 8, 2012- As you can see, the downtown Boston condo and single family home market continues to outpace the previous 3 years as Boston pending real estate salesindicated by the number of pending sales. Median prices of condos and single family homes remain quite strong, particularly in the Back Bay and South End. Inventory (condos and single families) in the core downtown neighborhoods is 930 as of 5/8/2012, a 31.7% drop from the same time last year (1358). (Source MLS-PIN).

For further results from all the downtown Boston neighborhoods, please click here.

If you have any questions or would like any assistance purchasing or selling real estate, please click here or call 617-584-9790.

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New! LEED Certified 2+ bedroom condo with 2 parking, 1500 SF yard $599, 000

April 27th, 2012

57 Endicott Avenue, Teele Square in Somerville open house Sunday 4/29 from 12-2PM. 2009 LEED Silver certified construction in Teele Square, LEED Certified 2+ bedroom Condojust minutes to Davis. This spacious, crisp, contemporary 2 bed plus den unit is situated in a 2009 Green Building of America award winning building. Kitchen with high end stainless Bosch Energy Star appliances. Ultra renewable bamboo floors, low-E Marvin windows. Highest quality construction. Geologica master bath with jacuzzi, large frameless glass shower stall, dual sinks. 1500 square foot bamboo enclosed rear yard with patio and shed.

www.57endicott.com

If you have any questions or would like a private showing, please get in touch. You can also call me at 617 584 9790

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Luxury South End 1 Bed Condo With Garage Parking $489,000

April 27th, 2012

700 Harrison Avenue #513 open house Sunday4.22.2012 from 12-2. Rare opportunity to own a one bedroom condo at 2007-constructed 700 700 Harrison Ave BostonHarrison! Professionally managed luxury elevator building close to BU Boston Medical/Dental and all South End hot spots! Expansive floor to ceiling windows with great sun and downtown skyline views! Direct access-via-elevator parking. Hardwood floors, kitchen with stainless Bosch appliances, dark granite counters, great storage. In-unit laundry.Great layout with no wasted space. Common landscaped patio, beautiful contemporary lobby.

www.700harrisonave.com.

For more information or a private showing, please get in touch or call me at 617 584 9790.

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Boston Area Sunday Open Houses 4.22.2012

April 21st, 2012

Click here to search for and print just the open houses you want. Lots of open houses in Boston and suburbs on Sunday! New condos and single family homes for sale are entering the market, so have a Boston condoslook. Please feel free to get in touch with any questions or showing requests at 617 584 9790. You can also click here to get in touch.

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New to Market! Luxury South End 1 Bed, Garage Parking

April 21st, 2012

700 Harrison Avenue #513 open Sunday4.22.2012 from 12-2. Rare opportunity to own a one bedroom at 2007-constructed 700 700 Harrison Ave BostonHarrison! Professionally managed luxury elevator building close to BU Boston Medical/Dental and all South End hot spots! Expansive floor to ceiling windows with great sun and downtown skyline views! Direct access-via-elevator parking. Hardwood floors, kitchen with stainless Bosch appliances, dark granite counters, great storage. In-unit laundry.Great layout with no wasted space. Common landscaped patio, beautiful contemporary lobby

For more info, pix etc. go to www.700harrisonave.com , or call me at 617 584 9790.

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The Penmark: Luxury 1 Bed Loft Near Boston Medical BU Dental

April 10th, 2012

Last week, I assisted a BU Dental resident I was working with in putting under agreement a very large luxury loft condo just blocks from Boston The Penmark Near BU Boston MedicalUniversity Medical and Dental schools. The property includes a garage parking space. This was definitely a *wow* property. Located in a recently totally renovated  building (formerly BC High School), this home featured 20 foot ceilings and a huge, dramatic 18 foot arched window. New everything, tons of open space. The complex also has a concierge and gym.

Click here for more pics and info. Please get in touch or call me at 617 584-9790 for assistance in finding similar properties.

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Got Condo Association Reserves?

April 10th, 2012

I know. Your condo association budget is written on a cocktail napkin. There are three line items: Water and sewer, Condo association reservesmaster insurance, and the holiday party fund. It’s been this way since 1980 when the building was converted, and the heating system that you still have (the one that now sounds like a team of  extreme deathmatch kickboxing squirrels is trapped inside) was installed.

Friends. People. Condo associations. Lend me your ears. When I list your condo and sell it for more money than you dared to expect because I’m so darn good, the buyer’s lender is going to ask for the budget. It used to be that it was just the buyer that cared that you had no reserves to replace the roof that Fred Flintstone installed. Now the bank does too. And they definitely no longer want to see that 3 line budget with the coffee cup ring on it. The bank does not want to buy into that condo association.

In the past year and a half, mortgages have gotten more problematic. Honestly, it’s gotten a bit harrowing for buyers, with more and more documentation being required, even at the last minute. The loan is endlessly passed from origination to underwriting to proctology. Somewhat torturous to say the least. And it’s gotten a bit harrowing for sellers too. Not just because the buyer might not be approved, but because the association that the unit is in might not be approved.

Here’s what you can do to protect the sale of your property (and any property in the building), as well as your property’s value: Make sure that you show on your budget a contribution of 10% of the condo fees to reserve. That means that if you have, for example, a four unit association with condo fees of $250 per month each, you want to show that the association is budgeting $100 per month/$1200 per year to reserve.

That’s pretty easy, right? You probably won’t even be asked for an actual reserve balance, and you don’t necessarily even have to maintain a separate reserve account (unless you want your condo association to be approved for FHA mortgages…but that’s another story). All that being said, there is the possibility of being asked to produce a statement with a balance in the equivalent of 10% of your revenues on your operating account. Really, it’s not very much and I’m actually a little surprised that they don’t need to see more, but there you go. You really should maintain a reserve anyway.

Here is an example of what your budget should look like. Different banks like to see different things, but this should get you through the wringer without losing too much sleep. And if you contribute a little bit more to reserve, you could even use some of it to pay for that holiday party.

If you’d more info, or if you’d like assistance in purchasing or selling your property, please click here or call me at 617 584 9790.

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70 Lincoln St #L411, One Bedroom Near Tufts Med Under Agreement

April 3rd, 2012

70 Lincoln Street #L-411 Under agreement . Beautiful recently renovated elevator building near Financial District, convenient to Tufts Medical! Condo near Tufts Medical, Dental, and Boston finncial districtSun, views, and a stunning Greenway location near work, school, play, highways, and transportation. Gut renovated in 2006, this home features maple flooring, solid wood kitchen cabinets, granite counters, Fischer-Paykel fridge, Bosch D/W, & gas cooking.

Call me at 617 584 9790 or click here to to contact me by email. www.70lincoln.com to get more info about this property.
Click here to search for similar properties.

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New! Pristine 1 Bed Condo Near Financial District and Tufts Medical and Dental $429k

March 23rd, 2012

70 Lincoln Street #L-411 open Sunday 12-2. Beautiful recently renovated elevator building near Financial District, convenient to Tufts Medical! Condo near Tufts Medical, Dental, and Boston finncial districtSun, views, and a stunning Greenway location near work, school, play, highways, and transportation. Gut renovated in 2006, this home features maple flooring, solid wood kitchen cabinets, granite counters, Fischer-Paykel fridge, Bosch D/W, & gas cooking. Carrera marble bath, high ceilings, laundry in-unit. Deeded storage. This unit has additional lighting as well as a California-type closet in the bedroom.

For more info, pix go to www.70Lincoln.com or call me at 617 584 9790

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