Buying With Selling In Mind... 

A Stop Light is an illustrative tool that Mitch uses with buyers to preliminarily indicate developments that may have limiting issues which impact the desirability to many buyers.

These objective elements should be considered as to the impact on your future efforts to quickly resell the property and these limitations may also negatively impact future appreciation of the property in comparison to other developments.

• Start Receiving Downtown Condo/Townhouse Searches
  Grouped As Green, Yellow Or Red Developments

  Reach out to Mitch and let him know how he can best help
  with your condo or Townhouse search. 

  Take a few minutes to complete a survey about the “next home features,” you want and need in your new place, Mitch can use this information to build custom searches for you with email alerts that allow you to explore listings using your own private portal.

  • Share Your Wish List, For A New Place, With Mitch

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• Green Light
  DevelopmentsHistorically Desirable And
  A Proven Investment

  Green  = Run... Don't Walk

  For the most part these developments don't have definitive issues like atypically high HOA fees, litigation, known defects, too many renters or other similar issues that could adversely impact long term appreciation. 

  Note: There can always be individual units within every development that could have issues related to views, floors in the building, parking or floor plan/configuration issues that would make that particular unit a "Flashing Red" unit

• Flashing Yellow Light
  DevelopmentsIt's Complicated & Based
  On Answers To Questions

  FLASHING YELLOW = THIS ONE IS COMPLICATED

  For the most part these developments don't have definitive issues like atypically high HOA fees, litigation, known defects, too many renters or other similar issues that could adversely impact long term appreciation.

  However these developments are either too new and therefore are unproven and typically also carry some sort of "baggage" or they are in the process of rebounding from prior issues and again it's too soon to predict to when these issues, that have historically limited this development, will be 100% resolved. Because of that it's more difficult to predict to what degree resale capabilities, as well as the timelines to resell these condos, when compared to how the downtown market as a whole performs.

  Note: There can always be individual units within every development that could have issues related to views, floors in the building, parking or floor plan/configuration issues that would make that particular unit a "Flashing Red" unit

• Flashing Red Light
  DevelopmentsAt The Right Price...
  Everything Makes Sense

  FLASHING RED = AT THE RIGHT PRICE EVERY PROPERTY MAKES SENSE

  For the most part these developments have definitive issues like atypically high HOA fees, ongoing litigation or a history of litigation, known construction defects, too many renters, too many condos owned by too few owners, an atypically low number of garage or outside parking spaces or other similar types of issues that might adversely impact long term appreciation, and future resale values as well as the timelines to resell the property when compared to how the downtown market as a whole performs.

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