condo for sale in southie

[1/2pint]

Please pass this on to anyone interested in buying a 1 Bedroom Condo in Southie.

Boston real estate sales and apartment rentals in all Boston Neighborhoods


passing this along my buddy is selling the place

[Pittenger5]

No reserved parking, correct? On street?

[Jim]

I have a friend looking for a condo in southie. i just sent her the link

[1/2pint]

No reserved parking, correct? On street?

not sure on the parking i will ask him now

[KillBill]

NICE PLACE

[1/2pint]

if you like southie then yeah but not my cup of beer ( i don't like tea )

[Honclfibr]

65k over assessment? In this market?

[1/2pint]

65k over assessment? In this market?

i am not the sales person don't ask other then details or how much tail is at the bar near his place other then that i have no clue.

[Pittenger5]

How much tail is at the bar? Cause that might be worth 65k over assessment to me.

[Manny]

65k over assessment? In this market?

You get to pay less RE tax. Whats the problem?

[BostonSVkid]

FYI to anyone buying now DONT! The price of houses has gone up just a bit in the past few weeks due to the mortgage rate dropping to almost 5%. Wait till summer or fall to buy the prices will drop by then.

[1/2pint]

How much tail is at the bar? Cause that might be worth 65k over assessment to me.

tons unless you go out with DBconz then the bar is dead and the bartends flirt with you buy you shots and then give you a maybe on hanging out ( sorry Jim)

[KillBill]

How much tail is at the bar? Cause that might be worth 65k over assessment to me.

S5 = Poosay Magnet

[Honclfibr]

You get to pay less RE tax. Whats the problem?

How do you figure?

[Manny]

How do you figure?

I think that RE taxes are based on the asessment

[1/2pint]

parking is on street and never a problem finding a spot

[Billy]

Nice condo!!! Looks like the owner kept it up to date. Is the sq/ft really 486? I looked at a condo that was 800 sq/ft and it felt like a rat trap. I can't imagine 486!!! I passed the link on to a coworker of mine looking to buy.

[1/2pint]

not sure if that is true SQ i know when i was over his place it had plenty of room and he is the only one with access to the roof deck

[skiierx]

Not a bad looking place at all and I would say that the square footage is going to hurt the price. As for the difference between the price and assesment that is normal here in MA. Even though it has been redone the price is too high for this market. I know of 750 Sq Ft units going for less with the same work done.

Hopefully they get what they want for it, strange things happen in this market.

[1/2pint]

i think it is more of a location thing on the price any place in southie is going for top dollar but i have seen stranger things happen.

[skiierx]

FYI to anyone buying now DONT! The price of houses has gone up just a bit in the past few weeks due to the mortgage rate dropping to almost 5%. Wait till summer or fall to buy the prices will drop by then.

Garbage, it is a great time to buy as the prices have gone down dramatically over the last year, are we at the bottom yet, that I do not know. The spring market tends to rise a bit as well with interest rates but this will not be a normal spring market. Rates are bouncing around 5.5% and that has helped some people put homes on deposit but those prices are not yet known as they have not closed plus the fact that those same properties need to appraise for what they are selling for and there lies the problem. I have spoken to a couple underwriters recently (you know, the people who approve the mortgage) and they are requesting a couple of recent sales to back up the price, those comps have to be within the last 90 days (normal rule was 3 comps as close in time frame as possible). Now that is nothing different except now they are declining loans that cannot meet that requirement where as they used to ask for the appraiser to write a note as to why the place is appraising out as well as supply a couple extra comps.

[newgixxerchic]

bleh, i don't like apppraisers, in my last year and a half doing what it is that I do, I don't think I've seen one honest appraiser in the lot of them... O well, not really their fault that they can't follow guidelines, course it's up to the banks to tell them and since banks don't do that...

But I agree with skiierx, I don't think waiting to the summer is appropriate to reccommend for the reasons SVkid said. Housing prices reflect more than just the state of the economy (i.e. how badly does the seller need to sell the property) Saying housing prices have increased in the last 3 weeks (since the Fed dropped the rates 1.25%) wouldn't be possible until the loans were closed. If you're saying appraisal prices have increased, then it wouldn't necessarily be true either because the appraisals that any one person could have access to would be at least a month old or older and not reflective of the current rate environment.

Just my .02