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
Statewide median prices hovered around $503,450 in late 2025, with Greater Boston significantly higher at approximately $620,000.
Ensure there is enough cash set aside for major projects like roof replacements or elevator repairs. buying a condo in ma
Massachusetts law grants specific protections and obligations to condo owners. According to Calabrese Law Associates , you should know:
Defines the boundaries of your unit and common areas. Check for rising HOA fees and the percentage
You have the legal right to contest association decisions that violate the master deed or state health and safety laws.
Ask if any one-time fees are pending. These occur when the association lacks the reserves to cover a repair and must bill owners directly. Ensure there is enough cash set aside for
A low purchase price can be deceptive if the association is financially unstable. Experts at Patriot Inspect recommend examining: