Sue Graves | Shirley Real Estate, Berlin Real Estate, Groton Real Estate, Pepperall Real Estate


Buying a condo may seem like an uphill climb, particularly for those who are browsing the real estate market for the first time. Lucky for you, we're here to help you take the guesswork out of finding the right condo.

What does it take to locate a high-quality condo at an affordable price? Here are three tips that every first-time condo buyer needs to know.

1. Explore a Wide Range of Condos

The real estate market is filled with many first-rate condos, and the sheer volume of properties that are available may feel overwhelming at times. Therefore, you should allocate the necessary time and resources to find a condo that suits you perfectly.

Don't be afraid to check out several condos over the course of a few days or weeks. By doing so, you can better understand what you'd like to find in the ideal condo.

Of course, if you fall in love with a condo, you should be ready to submit an offer. That way, you can avoid the risk of missing out on a great condo that matches or exceeds your expectations.

2. Determine How You'll Pay for a Condo

Many property buyers get pre-approved for a mortgage, and for good reason. With a mortgage in hand, you'll know exactly what you can afford as you review the real estate market.

Meet with a variety of banks and credit unions. These lenders will be able to provide you with multiple mortgage options and respond to your financing concerns and queries.

Also, keep in mind that the price of a condo may extend beyond your monthly mortgage payments.

In many instances, condo communities have homeowners' associations (HOAs) in place that will charge monthly fees. Learn about any HOA fees in advance, and you'll know exactly what you'll need to pay each month to live in a particular condo community.

3. Work with a Real Estate Agent

No one should be forced to evaluate condos on their own. Fortunately, you can hire a real estate agent to streamline the process of finding a terrific condo.

A real estate agent with condo experience understands the hurdles that may arise during a condo search. As such, he or she will do whatever it takes to ensure you can get the best results possible as you look for the perfect condo.

For instance, a real estate agent will set up condo showings and keep you up to date about open houses. This real estate professional will even negotiate with a condo seller on your behalf, which means you won't have to worry about breaking your budget to purchase a stellar condo.

Employing a real estate agent enables you to get expert advice at each stage of the condo buying process too. Thus, you can receive instant responses to your condo buying questions at any time.

Simplify the process of buying your first condo – use the aforementioned tips, and you can boost your chances of acquiring a superb condo at a budget-friendly price.


This Condo in Reading, MA recently sold for $295,000. This Hi-Rise style home was sold by Sue Graves - StartPoint Realty.


4 SUMMIT DRIVE, Reading, MA 01867

Condo

$294,999
Price
$295,000
Sale Price

3
Rooms
1
Beds
1/1
Full/Half Baths
Welcome to highly sought after SUMMIT TERRACE in Reading's WEST SIDE. This UPDATED and MOVE-IN READY condo is a commuters dream! Easy access to major highways (95 and 93), Reading's commuter rail and close to all that downtown Reading has to offer. This one bedroom CORNER unit features a beautiful kitchen with GRANITE COUNTER TOPS, STAINLESS appliances and generous cabinet space. Dining area opens to a bright and spacious living room. Entrance to the 12x6 BALCONY is right off the living room. Master bedroom is updated with recessed lighting and has a tiled MASTER BATHROOM en-suite as well as a master closet with attractive built ins. This home offers a bonus 1/2 bath and laundry room in the unit. Assigned climate controlled storage space. Everything you could wish for in one level living including DEEDED PARKING in garage just steps away from your door. HOA fee includes heat, hot water, etc. 14 miles north of Boston. Why pay rent when you can own at Summit Terrace?

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This Condo in Ayer, MA recently sold for $185,500. This Townhouse style home was sold by Sue Graves - StartPoint Realty.


3 Bayberry Lane, Ayer, MA 01432

Condo

$185,000
Price
$185,500
Sale Price

5
Rooms
2
Beds
2/1
Full/Half Baths
Affordable Resale at The Willows in Ayer. Spacious and sunny town home with open floor plan. Kitchen with granite counters, stainless appliances and breakfast bar. Living room with slider to deck. 2 beds, 2.5 baths, C/A, and 1 car at- tached garage. Subject to 40B Guidelines & Deed Rider. Deed restricted property. Must be owner occupied. Income and asset restrictions as follows: 1 person - 56,800: 2 people - 64,900: 3 people: 73,000: 4 people 81,100: 5 people 87,600. Asset limit: $75,000.

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1506 Gorham St, Lowell, MA 01852

Condo

$189,999
Price

5
Rooms
2
Beds
1/1
Full/Half Baths
Spacious Condo with Garage Under and In-Unit Laundry is awaiting for you at the South Lowell/Chelmsford line! Large Master Bedroom has 1/2 Bath with linen closet, and 2 Large Closets! Unit has a 2nd Bedroom with large Closet, separate Laundry Room off Kitchen, Full Bath (new paint), Linen Closet, and Coat/storage Closet. Approx 3 Year old "Magic Pak" Vintage Heat/AC System (specs attached) and 1 year old Hot Water Tank. Take Elevator or walk down to your Reserved Parking Spot (C) in the heated Garage under. Additional Unit parking at Front side and a skip away to side Exterior Door and Guest Parking! Pets Allowed w/restrictions (no dogs). Close to Highway! OPEN HOUSE SUN May 5th) 1:30-3 pm. (Subject to Seller finding suitable housing).
Open House
Sunday
May 05 at 1:30 PM to 3:00 PM
Cannot make the Open Houses?
Location: 1506 Gorham St, Lowell, MA 01852    Get Directions

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1506 Gorham St, Lowell, MA 01852

Condo

$189,999
Price

5
Rooms
2
Beds
1/1
Full/Half Baths
Spacious Condo with Garage Under and In-Unit Laundry is awaiting for you at the South Lowell/Chelmsford line! Large Master Bedroom has 1/2 Bath with linen closet, and 2 Large Closets! Unit has a 2nd Bedroom with large Closet, separate Laundry Room off Kitchen, Full Bath (new paint), Linen Closet, and Coat/storage Closet. Approx 3 Year old "Magic Pak" Vintage Heat/AC System (specs attached) and 1 year old Hot Water Tank. Take Elevator or walk down to your Reserved Parking Spot (C) in the heated Garage under. Additional Unit parking at Front side and a skip away to side Exterior Door and Guest Parking! Pets Allowed w/restrictions (no dogs). Close to Highway! OPEN HOUSE SUN May 5th) 1:30-3 pm. (Subject to Seller finding suitable housing).
Open House
Sunday
May 05 at 1:30 PM to 3:00 PM
Cannot make the Open Houses?
Location: 1506 Gorham St, Lowell, MA 01852    Get Directions

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