If you need assistance, please call 914-290-5258

Hudson Valley Home | From 'Urb to 'Burb Blog

Friday, March 27, 2020   /   by Vanessa Saunders

Four projects to keep your home ownership dreams alive.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems
While COVID-19 is still going viral and many people are sidelined from our usual activities, you don't have to press Pause on your dream of finding a home. Here are four things you can do right now to keep your home search on track, so you're ready to go when the pandemic subsides.
Get Pre-Approved for a mortgage
Use this time to take one of the most important steps in buying a house. A pre-approval will show you how much a lender is willing to finance, and it shows sellers and their agents you're serious. It's a great time to gather up necessary documents like income verification, credit history, and asset documents. You can even call a lender as financial institutions are deemed essential services and reach out to a lender.
Virtually connect with an agent.
Start working with a trusted Realtor so you're ready to move quickly when the right house pops up. However you connect, a Realtor can help you navigate t ...

Read More


  hudson valley real estate, hudson valley home, buying a home, 'urb to 'burb, hudson valley house, why work with a realtor, first time home buyer, mortgage

Thursday, March 26, 2020   /   by Vanessa Saunders

"What's my house worth?" Pricing it right TODAY.

Inman News, the real estate industry's leading online information source, reported today that the economic slowdown during the COVID-19 pandemic is affecting home sales negatively. From Mar. 9 to Mar. 16, Google traffic saw a 35 percent decrease in home searches.
The report quoted one broker who said, "Over 350 homes withdrew or canceled from MLS across Massachusetts in the past four days alone.” The broker went on to point out that "One in four properties had already reduced their price. One out of 20 had reduced their price by 10 percent or more, and one out of 12 were listed for less than the assessed value."
What this tells us is that sellers need to be more realistic about setting their asking prices. Setting the right price for your house is one of the most important things you can do.
With prices slowing from their previous pace, homeowners must realize that pricing their homes a little over market value to leave room for negotiation will actually dramatically decreas ...

Read More


  hudson valley real estate, hudson valley property, hudson valley home, buying a home, hudson valley home sellers, 'urb to 'burb, housing sales, selling your home, making an offer on a house, sales strategies, house pricing, negotiating price, the economy, health crisis

Monday, March 23, 2020   /   by Vanessa Saunders

Our dog's tips for quarantine.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems
Quarantine brings all of us closer, no closer than to our pets. In honor of National Puppy Day, these are some tips Harry and Dobson here at Doggie Epicenter wish to share with us, to help us get through quarantine.
Dobson surviving the quarantine.
Get plenty of rest.
Sleep anywhere. On or under the bed, in a sunny spot on the front lawn, on the sofa, in front of a door, on freshly folded clothes, on your back, in the middle of the floor, especially in the room with the oriental rug. Be sure to snore, chase squirrels in your dreams, and bark.
Stay active.
Chase the cat. Chase your own tail. Sprawl on a sweater. Chase a car. Roll on something really smelly you’ve discovered in the yard. Get scared by something—anything, and bark.
Bathe regularly.
Lick your crotch. Now lick a human. Bark.
Communicate with friends and family.
Start barking at 6 a.m., for no reason at something outside. Howl at bi ...

Read More


  hudson valley property, hudson valley home, 'urb to 'burb, orange county ny, westchester county, rockland county, ulster county, sullivan county, manhattan, dutchess, funny blog

Friday, March 20, 2020   /   by Vanessa Saunders

Three reasons this time won't be as bad as last time.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems
March 20, 2020
The spread of the Corona Virus in America is only starting to have an effect on our economy. People will soon be out of work, and will wonder where their next mortgage payment will come from. The good news is that this time isn’t like the last economic downturns we have experienced. Here’s why:
The Government Learned its Lesson the Last Time
During the previous housing crash, the government was slow to recognize the challenges homeowners were having and waited too long to grant relief. Today, action is being taken swiftly. Just this week:
The Federal Housing Administration indicated it is enacting an “immediate foreclosure and eviction moratorium for single family homeowners with FHA-insured mortgages” for the next 60 days.
The Federal Housing Finance Agency announced it is directing Fannie Mae and Freddie Mac to suspend foreclosures and evictions for “at least 60 ...

Read More


  hudson valley real estate, hudson valley property, hudson valley home, hudson valley home owners, 'urb to 'burb, house pricing, lending, the future of real estate, pandemic, home equity

Thursday, March 19, 2020   /   by Vanessa Saunders

Reverse Mortgage Owners Get Protection

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems
We have written before about the hazards elderly homeowners face when taking out reverse mortgages. A reverse mortgage is actually a loan you take out against your home. You must be 62 or older to qualify, and the amount you borrow is determined by your age, the interest rate and the value of your home.
Homeowners often forget that they still have to pay homeowners insurance, property taxes, and keep the home in good repair. Also, the upfront fees on a reverse mortgage can be quite high, so if borrowers don’t plan on staying in the home for a long time, a good bit of the home equity will go to fees, with very little benefit to the borrower.
One of the tragic things that often comes up is if one spouse is not listed as a borrower on the reverse mortgage. When the borrowing spouse dies before the other, the surviving spouse may be forced from the home to repay the reverse mortgage. It’s sad to see eld ...

Read More


  hudson valley real estate, hudson valley property, hudson valley home, hudson valley home owners, 'urb to 'burb, retirement, real estate scams, reverse mortgages

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 HGMLS. Real estate listings held by brokerage firms other than are marked with the HGMLS 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 Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, 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 Hudson Gateway 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 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 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.