I checked our MLS for you there is no current land listing in the Ulster County MLS on those roads. Currently there are 20 land listings in New Paltz on ther Ulster County MLS ranging from $49,000 for .94 acres to 979,000 for 42.7 acres. That is not to say there is not land that is being sold by an owner, in another MLS or an office exclusive. Did you see a sign?
If you would like me to research it further give me a call. Good Luck!... more
You are wise to develop a realionship with a Realtor early in the process. Our area has so many unique neighborhoods there is so much to learn and explore.
I work throughout the Hudson Valley and specialize in the New Paltz/Gardiner/Highland areas. I think it would be good the find an agent that covers the whole area. You have time to find out what neighborhood is a good fit.
I would be happy to answer any questions about the areas of the Mid Hudson Valley. Give me a call 845 505 3160. To learn more about me and my love of the area visit my Trulia Blog or you can find me on ActiveRain as well. My Blog, "Real Estate and More, New Paltz and Beyond" can also be found on my Website- www.UlsterNYHomes.
It helps to learn more about any agent you may work with to see if your personalities are a fit and if they are experienced in the area you are considering moving to-
I wish you the best of Luck- You will love it here!
John J Lease Realtors... more
Great town. I lived in Queens before I moved to New Paltz. I work for Westwood Metes & Bounds right in the heart of New Paltz Village. My website is Sandyreid.com. Feel free to view. Call me @ 845-417-1314 and I will share all that I know of this area and talk about how I can help you with your move. Best, Sandy... more
Yes, and FHA loans do require a minimum of 3.5% down. Visit with any licensed loan officer to determine qualification; be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously.... more
With present inventory level you will be able to find a great vacation home in New Paltz or other Midhudson Valley towns. Another great alternative to the New Paltz area would be Rhinebeck on the other side of the Hudson River. I say this because in addition to being a beautiful area the Amtrak is there, so an easy ride into the city if you don't feel like driving.... more
Yes, there is one called Zillow -- www.zillow.com -- but it's not always exactly accurate. The best way to find out property values by town or area is to have an agent do a comparative market analysis for you.
Coldwell Banker Village Green Realty... more
Whether it is New Paltz or New York, it's typically up to the landlord. Either way he/she is generally covering thier costs either way. Rent will be high enough to cover costs or lower rent with you assuming that responsibility.... more
Just deal with 1 agent, you dont have to sign an exclusive with them, but just be considerate where they dont drag you all over town, then you pick someone else for the sale. We all work on commissions, and you really want to have a good relationship with the agent you select.
Do most of your research online, go see the house on your own, the areas, then narrow your homes selection down. Then after, you can contact an agent and have them open the homes for you with the lock box key.
It should be just a matter of setting up a closing date if you have clearance to close.If you have a commitment letter with conditions than they must be cleared up before you get the clearance. These days a bank will tell you you are a priority customer and it can still takes weeks. No explanation given. Sometimes they have stalling tatics like where is the HOI (Home owners Insurance) then they ask for signatures of gift checks, etc. etc etc. I have a current buyer that has clearance to close but because the seller was unavailable won't close for two weeks.From the commitment letter to clearance it took two weeks and there was no reason for it. I am finding little difference between conventional or FHA mortgages. Cash is still King. From purchase offer to closing three weeks.
I'd say get out a dart board and throw some darts at different dates. You're prediction will be as good as any.
Let us know how long it actually takes. Welcome to the community!... more
Obviously if you look at it over 30 years it makes sense, but unless you are planning on a) staying in the home for 30 years and b) planning on keeping that loan for 30 years - I would stick with the current rate. $19 per month would not really be worth the extra cost to me
There is a good chance you'd either move or refinance to drop PMI at some point in time. You'd feel pretty foolish if rates dropped in the future and you could get the lower rate without paying $1500. Of course hindsight is 20/20, but essentially it breaks down to this: if someone came up to you and said they would give you a check for $19 each month for the next 30 years provided you paid them $1500-2000 now AND kept your loan for the entire duration would you do it. I wouldn't, but that's just me
It sounds like your loan officer is doing the right thing by leaving the decision up to you though