• Wappingers Office
    (845) 297 4700
    (845) 297 8178
  • Lagrange Office
    (845) 485 2700
    (845) 485 2703
  • New Paltz Office
    (845) 255 6163
    (845) 255 6757
  • Commercial Real Estate Division
    (845) 297 4700
    (845) 567 8333

Home Buying Advice

Preparing To Move? Load These Items In Your Car At The Last Minute

Did you know that Federal law prohibits moving companies from transporting hazardous materials?

There are other items, too, besides hazardous materials that moving companies generally will not load in their trucks.  Be prepared to transport your own house plants, perishable food items, and possibly some lawn and pool equipment.

The following list of items are defined as 'hazardous.  You will need to either dispose of them properly, leave them for the new owners (with their approval, of course), or transport them in your own vehicle:

Thinking About Flipping Houses? Five Things You Need To Know

If you are thinking about taking up house-flipping, there are 5 key concepts you need to know like the back of your hand.  House flipping is a lot of work, but if you're up for it and you do it right you can make some good money.  You just need to be smart, have a good business plan, and stick to it.  Emotions are not valid here . . . if a project does not fit into the financial framework, then pass on it.  You're doing this to make money, right.

#1 KNOW YOUR FINANCES

Determine what you can spend on both the house and the renovation, down to the last dollar.  Price out the cost of carrying a short-term loan (if you need one), taxes, utilities and maintenance on the home for about 6-12 months, depending on how long the renovation will take, and the average time it takes to sell a property in that community and that price range.  Price out the cost of materials and labor.

Study all the comparable sales in the same neighborhood and price range, to determine what the likely sales price will be. If you can't make the money/return that you expect, then pass on the house.  Remember that there are often unforeseen issues that can add to the cost, and if you are running tight on the front end, it could lead to a disappointing financial result when you sell.

Dutchess County Made the List of the 10 Best Places in America to Buy a Fixer-Upper

According to a study conducted by the National Association of REALTORS®, Dutchess County NY is one of the 10 Best Counties in the nation where a buyer can get an edge in the market by purchasing a fixer-upper.  

NAR's Chief Economist and his team used the following criteria to determine the locations with the best 'Fixer Scores':

(1) The team analyzed the over 513,000 listings for midsize single-family homes in March;