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Retirement | From 'Urb to 'Burb Blog

Wednesday, September 23, 2020   /   by Vanessa Saunders

They’re baaaaaaack!

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
Remember the day your last adult child left for his or her final year at college, soon to graduate and be off and on their own? You thought to yourself, “Well, that was fun.” The tribulations of parenthood were over. You were looking forward to some of the pleasures of being an empty nester - your time will be your own, the house will be as clean and as organized as you want it to be, you’ll focus on your partner, get a good night’s sleep, peace and quiet will rule as the cacophony goes with them. They’ll only be back to visit.
Not so fast, boomer.
A recent study released by the Pew Research Center shows that for a record number of American families, they're back. After assessing the Census’s monthly Current Population Survey data, the non-partisan think-tank found that some 52% of 18-to-29-year-olds are now living with one or both parents.
Believing that the mo ...

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  hudson valley real estate, hudson valley home, 'urb to 'burb, hudson valley home owners, pandemic, funny blog, retirement, ny

Monday, August 24, 2020   /   by Vanessa Saunders

Five reasons now is STILL a great time to sell your Hudson Valley house.

 By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
1. Now is a great time to sell because of pent-up buyer demand and a later-than-usual hot market.
The Hudson Valley real estate season got a late start this year due to Governor Cuomo’s March shutdown and the onset of Covid-19 precautionary measures. But figures show sales are up, and buyer interest is booming, as people searching for homes scramble for the relatively few properties on the market.
2. Now is a great time to sell because low inventory will make some homes more desirable, even if they don’t have all of the latest and greatest upgrades. Buyers don’t have a lot of choices right now, so homes that may not have all the bells and whistles are starting to look pretty good to motivated buyers. We are also seeing more buyers than usual offer to waive inspection contingencies, which means they are willing to accept “as is” condition.
3. Now is a great time to ...

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  hudson valley real estate, hudson valley property, hudson valley home, 'urb to 'burb, hudson valley home owners, hudson valley home sellers, housing sales inventory, pandemic, retirement, downsizing

Thursday, August 6, 2020   /   by Vanessa Saunders

Vacation home sellers: Think outside the zip code.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.

As the summer rush to escape New York City and the Covid pandemic continues to impact the Hudson Valley real estate market, we find more and more people deciding to sell their up-state properties. Buyers are looking everywhere for second homes, some planning to turn vacations into stay-cations. For sellers, the process of selling a vacation home often requires that they and their agents throw traditional tactics out the window.
Second Home Buyers - Not your typical real estate animals.
For one thing, buyers are not limiting themselves to properties in a certain zip code. They may be considering Cold Spring, but may also have an eye on something further up the Catskills. If the agent lists the property on the local MLS, the listing will not be seen by the majority of possible buyers. Thar is one of the reasons Global Property Systems belongs to eight multiple listing services in the Hudson Valle ...

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  hudson valley real estate, hudson valley property, hudson valley home, buying a home, hudson valley home owners, 'urb to 'burb, hudson valley home sellers, hudson valley house, vacation property, retirement

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 ...

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

Tuesday, December 10, 2019   /   by Vanessa Saunders

Five things to consider before buying property abroad.

Do you have dreams of moving abroad? Maybe you plan to retire somewhere tropical where island breezes and warm sand are a part of every day living? Or perhaps finding a little bit of paradise overlooking Tuscan vineyards or Spanish olive groves for you to visit a few months out of the year? If you've ever thought of buying a little place of your own in another country, first you need to do some homework. Below are five things to consider when you plan your great escape.

1. How's the economy?
Moving overseas can be a good idea in an area with a low cost of living. But first, you should look into what it costs to live in paradise. Analysis by experts is available from the World Population Review's website . Plan ahead and budget accordingly.

2. Foreign Property Ownership Laws
Not every country allows just anybody to own real property like the United States. According to financial consulting firm SmartAsset, "Even if the country you’re interested in allows foreigners ...

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  home investment, buying a home, 'urb to 'burb, selling your home, executive homes, vacation property, retirement, global investment properties, international properties, international real estate, we sell italy, italy, new global property system local area specialists

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


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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.
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