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A low purchase price can be deceptive if the association is financially unstable. Experts at Patriot Inspect recommend examining:
You will need a specific "HO-6" insurance policy to cover your personal property and interior improvements, while the association's master policy covers the building's shell. 4. Current Market Trends buying a condo in ma
As of late 2025 and early 2026, the Massachusetts condo market has shown signs of cooling. A low purchase price can be deceptive if
Rising HOA fees and insurance costs have led some buyers to be more cautious, potentially giving you more room for negotiation on older buildings with deferred maintenance. Current Market Trends As of late 2025 and
Check for rising HOA fees and the percentage of units owned by investors versus owner-occupants, as high investor ratios can impact your ability to get a mortgage. 3. Understand Your Rights and Responsibilities