If you are a Prospective Buyer
As a prospective buyer, you will certainly have questions about our condominium community during your home search, and hopefully the real estate professional representing you can capably share general and unit-specific information about The Philadelphian. But please also note that you can generally obtain detailed unit-specific information via Homesnap.
But by way of overview, as an owner, you will pay a monthly assessment to equitably cover costs associated with operating our community, as well as contributing to the reserve fund which supports capital improvements and expenditures. Frankly, our community is proud of its strong past financial track record and aspires to continue that tradition. Monthly assessments in The Philadelphian cover each owner’s heating/cooling, electricity, cooking gas, water, trash, basic cable TV access, use of the community's shuttle bus, basic in-unit maintenance and repairs, plus common area maintenance and landscaping. Beginning in 2022, each residence will also enjoy internet access as an additional benefit covered by the monthly assessment.
Due to The Philadelphian's conservation efforts and quantifiable results, our community has been awarded the US Environmental Protection Agency’s coveted Energy Star Award each year since 2017, signifying our ongoing commitment to both green living and carefully containing every owner's energy costs.
Of course, you will have additional questions. So it is important to know that upon a seller’s formal acceptance of your offer to purchase a residence here, the seller should provide a package of information via the Philadelphia Owners Association for your review. Depending on circumstances, the package may be delivered to you directly or transmitted to you by your agent. The package will include a wealth of documents and information, such as our condominium declaration, bylaws, rules and regulations, the most recent budget, and a full delineation of pertinent one-time and recurring fees. In accordance with Pennsylvania’s Uniform Condominium Act, you are afforded five days from receipt of the information to void the agreement, if you so choose.
Upon the close of your purchase here, the community’s management team will work with you to facilitate your move-in and orientation. We look forward to that day!