Tuesday, November 12, 2019 / by Vanessa Saunders
Last September we reported on a newly passed law in New York requiring all LLC's purchasing real estate property to reveal the names and addresses of everyone associated with the corporation. The move was intended to root out absentee landlords and owners of one to four family homes whose properties had code violations and other violations.
We wrote a second blog in mid-October reporting how the new law had caused an uproar among NYC real estate brokerages involved in condo sales. (Which is pretty much all of them.)
Celebrities wanting to hide and criminals wanting to hide money would no longer be able to do either. Brokers predicted the end of real estate condo sales in New York City as we know them.
Well, the brokers got their way. On Monday, the Wall Street Journal reported that condo buyers in New York are NOT required to report the names of LLC associates. Somehow, the state dropped the mention of condos on its website explaining the law.
James Gazzale ...
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hudson valley real estate, hudson valley property, hudson valley home, buying a home, hudson valley home owners, westchester county, first time home buyer, manhattan real estate, manhattan coop, one park condos, condos
Monday, November 11, 2019 / by Vanessa Saunders
Veterans qualify for ZERO-down home mortgages when buying a home. So far, thousands have taken advantage of this amazing benefit for our veterans and active-duty service personnel. Thank you, vets!
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hudson valley real estate, hudson valley property, hudson valley home, home investment, buying a home, hudson valley home owners, 'urb to 'burb, mortgage rates, mortgage process, financing, first time home buyer, hudson valley events, lending, down payment, veterans
Friday, November 8, 2019 / by Vanessa Saunders
The housing crunch in the Hudson Valley slowed real estate sales this summer as home owners elected to "stay put" rather than sell their homes. Some home owners looking for more living space have chosen to build an addition, rather than sell and move up to a larger house.
When you need more living space in your home, converting your garage into a room can be an attractive option. Although costs will vary based on your location and specific plans, a garage remodel will generally cost about half of what you’d expect to spend when building a home addition from scratch. However, there are many things to consider before beginning a project like this.
Converting a garage into a living space is a big job that includes raising the floor, insulating the walls, adding heating, cooling and ventilation, and updating doors and windows. Before you begin a garage makeover, take the time to consider all aspects of the project.
Yes, you'll need planning permission to do nearly any ki ...
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hudson valley real estate, hudson valley property, hudson valley home, home investment, hudson valley home owners, 'urb to 'burb, housing sales inventory, hudson valley living, home fire safety
Wednesday, November 6, 2019 / by Vanessa Saunders
Underground heating oil tanks can be a major issue for home buyers. Tanks that are no longer in use can be ticking time bombs for home owners. If you should ever decide to sell your home, a bank or the buyer likely will ask for an environmental assessment or the removal of an underground oil tank. Home buyers are now routinely being advised by their lawyers and home-inspection experts to exercise caution when buying a house with an underground storage tank (UST) and perhaps even insisting that the tank be removed or abandoned before sale.
The reason? It's better to be safe than sorry.
If you plan to sell your home down the line, underground oil tanks are arguably #1 on our list of “Biggest Potential Buyer Turn-offs” because whoever buys the home takes on liability. Depending on your location, state regulations may require your oil tank be removed if it is no longer in use. New York requires all USTs be emptied, cleaned, and rid of all vapors. You can leave the t ...
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Tuesday, November 5, 2019 / by Vanessa Saunders
If you've shopped at the new Aldi grocery store which just opened up in the former Pathmark location in Nanuet, NY, you've probably found out just how important that quarter deposit you paid to use a shopping cart really is. If I told total strangers I'd give them a quarter to push a cart across the parking lot and back, I can just imagine the response I'd get from most New Yorkers. But when it comes to getting back their 25-cent cart deposit, New Yorkers will move heaven and earth.
Aldi executives of course know this little bit of human behavioral science. The company can never over-estimate what we'll do to get our quarter back. In the mean time, it saves them thousands of dollars by not needing shopping cart wranglers to do the job.
So just what is the buzz about this funny new grocery store that makes you rent carts, bring and pack your own grocery bags and has "wham, ban, thank you ma'am" cash register checkers who ring up your shopping at the speed of light?
Al ...
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hudson valley real estate, hudson valley home, home investment, rockland county, 'urb to 'burb, hudson valley living, upstate ny
