When shopping for a Philadelphia condo, first pick out a real estate agent local to Philadelphia who you know or who has been recommended to you by a friend or family member. There are so many behind the scenes deals going on with some Philadelphia condo realtors, that you can't tell whether they actually care if you get a good deal or not. Some Philadelphia realtors only work with certain builders or certain properties. This means that there is a whole world of other Philadelphia condos out there in your price range that you may not be seeing.
The next step in shopping for a Philadelphia condo is to learn to check on the construction of the condo. Many new condos do not have steady foundations. Concrete based Philadelphia condos are the best option. Ask the realtor and the seller what the condo is made out of. They are legally required to answer your questions.
In addition, ask if they have had any problems at all with the Philadelphia condo. If you don't ask these questions, they probably won't tell you everything. Also, talk to your future condo neighbors. Look at the cars parked in the parking lot. The quality of the cars in the parking lot can say a lot about the area of the condo complex
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Check out other amenities in the surrounding Philadelphia area. If you are close to a good school it will help your Philadelphia condo retain its value and possibly gain value. Also check on the criminal statistics in that area of Philadelphia. The area might look safe during the day but what happens at night?
Research is your best tool when shopping for a Philadelphia condo. Selling prices of surrounding condos and properties are available to the public. See what the properties around you sold for in the last few months and compare it to the asking price. Are the seller's expectations too high, if so, negotiate the price.
