Wednesday, February 5, 2020 / by Vanessa Saunders
By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems
Buying a foreclosure home (known to the industry as a "Distressed Property) in the Hudson Valley has never been easier. Finding and acquiring a property in foreclosure used to be a difficult, drawn-out process. Real estate bargain-hunters had to sift through reams of legal filings to find lists of auctions at the county clerk's office, attend Sheriff's auctions, and scan newspaper legal notices. It took a lot of patience because the process was so cumbersome.
Prior to the sub-prime real estate meltdown in late 2007, foreclosures were rare. When the real estate bubble burst, many borrowers were unable to make payments on their subprime mortgages. The foreclosure rate soared and lenders were forced to streamline the foreclosure process to handle the high volume of loan defaults.
Today, the process for finding distressed properties is much like shopping for any other kind of home. Even though the vast bulk of ...
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Monday, January 27, 2020 / by Vanessa Saunders
By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems
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If you're a Hudson Valley home owner, you have the opportunity to sell your existing house now and move up into a new one, or downsize into a home that better fits your current and ever-changing needs. There is a significant demand for existing homes right now. The percentage of all buyers who will be first-time buyers looking to purchase a home grew from 58% in the fourth quarter of 2018 to 63% in the fourth quarter of 2019.
Who is buying.
Millennials are the most likely generation to be making plans to purchase a home within a year (19%), followed by Gen Z (13%) and Gen X (12%)…Prospective buyers in the youngest two generations are primarily first-time buyers: 88% of Gen Z buyers and 78% of Millennial buyers are reaching out to home ownership for the first time in their lives.
When are they shopping?
With a high demand from first-time home buyers and a shortage of inventory i. ...
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Tuesday, September 17, 2019 / by Vanessa Saunders
While planting perennials last evening I came across this charming little yellow caterpillar! He was taking a joyful walk up the neighbor's drive with such verve and determination that I had no choice but to video him. He was so cute, all yellow with those funny little black feathers waving in the air. I wanted to pick him up and give him a good cuddle.
But after shooting this video and saying goodbye as he continued neighbor-ward, I did what any vigilant lepidopterophile would do - I googled him.
Turns out this little bugger is poisonous!
It is the caterpillar stage of the American Dagger Moth (Acronicta Americana), a not so impressive but well camouflaged gray-beige moth, which grows to a wingspan of about 2.5 inches. In its caterpillar stage, those black spikes on the little yellow worm are full of toxins which squirt out if the bug is touched or otherwise disturbed. On human skin, the toxins form large, itchy red welts in a few hours which are not a pleasant thing.
Th! ...
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Thursday, July 11, 2019 / by Vanessa Saunders
(This isn't just about real estate but it's damn fine information for anyone, REALTOR®, buyer, seller or anyone with access to social media and the Internet.)
Why do hackers do it? Why do they spend hours trying to break into corporate and government computers? Because breaking into a computer system is like getting the keys to the corporate kingdom, gaining trust and access.
These are not nice people.They are not just some teenager sitting in his bedroom in his pajamas, clicking around on a lap-top. More likely, they are foreign nationals in a concrete office building, surrounded by other hackers pounding away at your security system to plant malware, get passwords and banking information and encrypting entire systems to sell for ransom. Their targets range from small businesses and individuals, to the computer systems of entire cities, which happened to Baltimore and Philadelphia recently.
So how in the heck do hackers get your company info to target an attack? Sadl ...
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Tuesday, June 18, 2019 / by Vanessa Saunders
Popular, profitable wedding venue in the heart of the Catskill Mountains in Delaware County, NY, about 2-1/2 hours north of NYC, providing unique wedding experiences. Turnkey operation, business + real estate, ideal for operator/investor. Approx. 6,500 sq. ft. renovated 5-bedroom, 3-1/2 bath main house with numerous guest gathering rooms, separate bride and groom’s quarters, game room, fully equipped gourmet kitchen, laundry and heated basement. Radiant heat, generator. 7,500 sq. ft. Events Barn built in 2001 accommodates 300 guests with caterer’s upgraded 60×40-ft prep area with walk-in cooler. Adjoining parking lot for approx. 80 vehicles. 1 BA/1BR Honeymoon cottage; heart-shaped spring fed pond; storage barn. Thriving weekend business operating from Memorial Day to November. Clients originate in NYC, Long Island, Connecticut, Massachusetts, Pennsylvania. Bookings through October 2020. Pristine, immaculate property in a private, picturesque setting surrounded bym ...
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