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Fabulous Renovations | From 'Urb to 'Burb Blog

Thursday, March 12, 2020   /   by Vanessa Saunders

5 Worst Home Improvements for Sellers.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems
If you’re planning a home improvement project for spring, keep in mind the impact your project will have on your home’s value. Surprisingly, most major improvements don’t pay for themselves when it comes time to sell. 


Here are some of the worst home improvements you can do in terms of their return on investment:


#5. Adding extra  garage space.
Unless you don’t have a garage at all, adding to an existing one comes in as the fifth worst improvement you can make to a home. Garages are expensive to build, and some buyers are actually turned off at having room they may not need. The average garage addition only adds 60% of it’s cost to the value of a home.


#4. Master bedroom suites.
Turning the master bedroom into an ensuite by adding an adjoining full bathroom will lose up to 40% of its cost at selling time. If you’re in the mood for a major project, re ...

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  hudson valley real estate, hudson valley property, hudson valley home, home investment, 'urb to 'burb, selling your home, house pricing, diy projects, fabulous renovations

Thursday, February 13, 2020   /   by Vanessa Saunders

Four ways to invest in real estate without becoming a landlord.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems


Real estate investment can be a lucrative venture, as well as a good way to add diversity to your current portfolio. Getting into the market can be as easy as buying a mutual fund. The best thing is, you don't need to be at the beck and call of tenants who need you to fix overflowing toilets or call in the exterminator.

Some advantages of real estate over other investments include:




Competitive Risk-Adjusted Returns.




High Tangible Asset Value.




Attractive and Stable Income Return.




Portfolio Diversification.




Inflation Hedging. 


Real estate as an investment has the additional benefits of its ability to both increase in value as well as produce cash flows from rental income or mortgage interest.

Here are four ways to invest in real estate, ranging from low to high maintenance.


1. Real Estate Investment Trusts (REITs).


Pronounced REETs, these in ...

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  hudson valley real estate, buying a home, home investment, 'urb to 'burb, housing sales, making an offer on a house, sales strategies, fabulous renovations

Friday, February 7, 2020   /   by Vanessa Saunders

Buying a Foreclosure Home: Negotiations and Financing.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems


The wheels of banking grind exceedingly slow, and purchasing a foreclosure home is no exception. The start of a buyer's long road to owning a distressed property starts with making an offer, and proceeds through negotiations to closing. Most lenders with properties to get rid of are accustomed to low-ball offers. Buyers making offers that are at least 20% below the current market price are normal. A lender might agree to offers even lower than that if the particular property has been on their books for a long time. Lenders will also discount properties in an area with a high incidence of foreclosures. 

Many times, the winning offer will be all cash, including enough for the property and any necessary renovations. This is why buyers will often team up with outside investors who can help them cover up-front costs, then share any profits when the home is sold. 

Financing an REO.
Lenders don't part ...

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  hudson valley real estate, hudson valley property, hudson valley home, buying a home, home investment, 'urb to 'burb, orange county ny, westchester county, rockland county, ulster county, sullivan county, hudson valley house, manhattan, dutchess, financing, first time home buyer, lending, short sale, fha, fabulous renovations

Monday, February 3, 2020   /   by Vanessa Saunders

Finding a Fixer-Upper: Ten Signs NOT to Buy.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems

With spring coming, this is the time of year ambitious house flippers and home buyers search for fixer-uppers to buy to refurbish this summer. Often looking for "the worst house on the block," the trick to finding a good candidate for a fix up is to avoid properties with problems that outweigh their cost of repairs. Here are ten tell-tale flaws that may move a potential property from your "Hot" list to your "Not" list.

Water Water Everywhere.


We're talking about un-managed water OUTDOORS here. If a house sits on badly graded land, water will always collect into puddles and pools, and find a way to get INDOORS and wreak its inevitable damage. Amateur home-fixers should avoid this problem, as fixing it incorrectly can compound the problem, as well as open the house to termites or other pests. 

The Tell-tale Roof.


No amateur should attempt to fix a funky roof. A roof in poor condition can ...

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  hudson valley real estate, hudson valley property, hudson valley home, buying a home, home investment, hudson valley home sellers, orange county ny, 'urb to 'burb, westchester county, rockland county, ulster county, sullivan county, hudson valley house, dutchess, manhattan, diy projects, fabulous renovations

Wednesday, June 12, 2019   /   by Vanessa Saunders

How to turn your home into a Manhattan loft-inspired masterpiece!

We all love to see "Before" and "After" photos of house renovations. This isn't one of our listings, but in the spirit of REALTORS everywhere, we just had to post this. Click HERE for the whole series of pix showing what Mr. McGroder of 15 Glamorgan St, Paddington, Australia and his architect did to what one neighbor described as, "The saddest house on the street”.

Absolutely unbelievable!


Kitchen Before


Kitchen After.

Click HERE to see the rest.

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  home investment, why work with a realtor, manhattan, 'urb to 'burb, fabulous renovations

Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258

The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. ©2020 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from One Key, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the One Key, Inc logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by One Key, Inc or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2020 One Key, Inc. All rights reserved.

The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.