Articles Tagged "Saratoga County"

National Wildlife Week is a time of year that our real estate agents always look forward to because there's no better place in New York to see wildlife than the Adirondacks. 

Encompassing over 6 million acres, Adirondack Park is the largest protected natural area in the lower 48 states, and one of the oldest Forever Wild Forest Preserves in the nation. These spots in the Adirondacks are perfect places to see New York's native wildlife.

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January is National Train Your Dog Month, so why not start the new year with some Albany-area classes for you and your pup? Professional training can help puppies develop good habits and help adult dogs overcome behavioral issues.
  
Our real estate agents suggest taking your dog for training at one of these places around the Capital Region.

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There are no bad seasons in the Adirondacks. You can ski in the winter, swim in the summer, and go for a hike just about any time. But fall is, without a doubt, our real estate agents' favorite time to take a scenic drive. 

With the leaves at peak color and the cool fall air on your face, the open road brings adventure and beauty to the mountains. There are our favorite routes in the Adirondacks for a fall motorcycle ride!

• NY State Route 30 - Northville, NY 12134
  Beginning in the community of Northville at the southern edge of the Adirondacks, NY State Route 9 arcs northward through some of the most beautiful scenery in New York. The beginning of the route is convenient to many Northville homes for sale, and the road will carry you through dense forests, cozy mountain communities, and along the picturesque shoreline of Indian Lake. The route has been nicknamed the Adirondack Trail, and you can follow it to the Canadian border if you're so inclined.

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October 4th is National Cinnamon Bun Day. What better excuse to indulge in a warm, gooey treat filled with rich spices and topped drizzled with melty glaze? You could go to the store and get a tube of pre-made cinnamon rolls to bake up. Or you could indulge yourself a little by going to a local bakery or cafe that sells them fresh, hot, and homemade. The only question is, where do you find one? You've just moved to the area and don't know where things are. There are plenty of Albany homes for sale, but where do you go for cinnamon rolls near those homes? We've got your back. Here are five local cinnamon rolls you need to try in the Capital Region.

1. Rolly-Poly Buns & Stuff - 30 Davis Ave., Albany, NY 12203.
   Open from 4-10 pm on weekdays, and 11 am-10 pm on weekends, Rolly-Poly Buns & Stuff is a home bakery specializing in cinnamon buns and apple fritters, baked fresh in a cast-iron skillet. From simple flavors like classic cinnamon, maple pecan, and Ukrainian walnut to their "bougie buns" like lemon cardamom and pineapple upside-down, there's truly not a bad bun in the bunch. Buns are sold individually or in batches of five or 10 and must be ordered online, at least one day in advance.

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With "Drive Your Studebaker Day" coming up Sept. 11, our real estate agents got to thinking about all of the awesome local car shows that take place in our community. If you're a classic car collector or spectator, there are ample opportunities in and around Albany to see some of the best antiques and vintage models. Even if cars aren't your thing, our local shows have lots of food, music, and prizes and can be fun for the whole family. 

• TCM Tuesday and Saturday Cruise-Ins - 7 Old Mariaville Rd., Schenectady, NY 12306
  If you're a fan of old muscle classics, check out TriCity Muscle Cruise-in every Tuesday and Saturday night at Poppy's Ice Cream. The show is Tuesdays and Saturdays from 6 to 9 pm, and dates go until September 28. After the show, be sure to take a look at these gorgeous Schenectady homes for sale.

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You don't need a real estate license to find your dream home, but it does help to become familiar with the real estate jargon you might encounter during the process. When searching for a home or applying for a mortgage, you may hear your real estate agent or lender use any of the terms or acronyms below.

Keep this four-part guide handy — you'll be fluent in the language of home buying before you know it.

When you're searching for a home

• Approved for short sale: A term that indicates that a homeowner's bank has approved a reduced listing price on a home, and the home is ready for resale.
• Buyers market: Market conditions that exist when homes for sale outnumber buyers. Homes sit on the market a long time, and prices drop.
• Comparative market analysis (CMA): An in-depth analysis, prepared by a real estate agent, that determines the estimated value of a home based on recently sold homes of similar condition, size, features and age that are located in the same area.
• Comps: Or comparable sales, are homes in a given area that have sold within the past six months that a real estate agent uses to determine a home's value.
• Days on market (DOM): The number of days a property listing is considered active.
• Listing price: The price of a home, as set by the seller.
• Multiple listing service (MLS): A database where real estate agents list properties for sale.
• Sellers market: Market conditions that exist when buyers outnumber homes for sale. Bidding wars are common.
• Short sale: The sale of a home by an owner who owes more on the home than it's worth. The owner's bank must approve a lower listing price before the home can be sold.

When you're applying for a mortgage

• Back-end ratio: One of two debt-to-income ratios that a lender analyzes to determine a borrower's eligibility for a home loan. The ratio compares the borrower's monthly debt payments to gross income.
• Depository institutions: Banks, savings and loans, and credit unions. These institutions underwrite as well as set home loan pricing in-house.
• Debt-to-income ratio (DTI): A ratio that compares a home buyer's expenses to gross income.
• Housing ratio: One of two debt-to-income ratios that a lender analyzes to determine a borrower's eligibility for a home loan. The ratio compares total housing cost (principal, homeowners insurance, taxes and private mortgage insurance) to gross income.
• Loan estimate: A three-page document sent to an applicant three days after they apply for a home loan. The document includes loan terms, monthly payment and closing costs.
• Loan-to-value ratio (LTV): The amount of the loan divided by the price of the house. Lenders reward lower LTV ratios.
• Origination fee: A fee, charged by a broker or lender, to initiate and complete the home loan application process.
• Pre-approval: A thorough assessment of a borrower's income, assets and other data to determine a loan amount they would qualify for. A real estate agent will request a pre-approval or pre-qualification letter before showing a buyer a home.
• Pre-qualification: A basic assessment of income, assets and credit score to determine what, if any, loan programs a borrower might qualify for. A real estate agent will request a pre-approval or pre-qualification letter before showing a buyer a home.
• Underwriting: A process a lender follows to assess a home loan applicant's income, assets and credit, and the risk involved in offering the applicant a mortgage.

When you're shopping for a mortgage

• Conventional loan: A home loan not guaranteed by a government agency, such as the FHA or the VA.
• Down payment: A certain portion of the home's purchase price that a buyer must pay. A minimum requirement is often dictated by the loan type.
• Fannie Mae: A government-sponsored enterprise chartered in 1938 to help ensure a reliable and affordable supply of mortgage funds throughout the country.
• Federal Housing Administration (FHA): A government agency created by the National Housing Act of 1934 that insures loans made by private lenders.
• FHA 203(k): A rehabilitation loan backed by the federal government that permits homebuyers to finance money into a mortgage to repair, improve or upgrade a home.
• Foreclosure: A property repossessed by a bank when the owner fails to make mortgage payments.
• Freddie Mac: A government agency chartered by Congress in 1970 to provide a constant source of mortgage funding for the nation's housing markets.
• Mortgage broker: A licensed professional who works on behalf of the buyer to secure financing through a bank or other lending institution.
• Mortgage interest rate: The price of borrowing money. The base rate is set by the Federal Reserve and then customized per borrower, based on credit score, down payment, property type and points the buyer pays to lower the rate.
• Piggyback loan: A combination of loans bundled to avoid private mortgage insurance. One loan covers 80% of the home's value, another loan covers 10% to 15% of the home's value, and the buyer contributes the remainder.
• Principal, interest, property taxes and homeowners insurance (PITI): The components of a monthly mortgage payment.
• Private mortgage insurance (PMI): A fee charged to borrowers who make a down payment that is less than 20% of the home's value. The fee, 0.3% to 1.5% of the yearly loan amount, can be canceled in certain circumstances when the borrower reaches 20% equity.
• Points: Prepaid interest owed at closing, with one point representing 1% of the loan. Paying points, which are tax deductible, will lower the monthly mortgage payment.

When you've chosen a home

• American Society of Home Inspectors (ASHI): A not-for-profit professional association that sets and promotes standards for property inspections. Look for this accreditation or something similar when shopping for a home inspector.
• Cash-value policy: A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur.
• Closing costs: Fees associated with the purchase of a home that are due at the end of the sales transaction. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more. Buyers should budget for an amount that is 1% to 3% of the home's purchase price.
• Contingencies: Conditions written into a home purchase contract that protect the buyer should issue arise with financing, the home inspection, etc.
• Earnest money: A security deposit made by the buyer to assure the seller of his or her intent to purchase.
• Escrow account: An account required by a lender and funded by a buyer's mortgage payment to pay the buyer's homeowners insurance and property taxes.
• Escrow state: A state in which an escrow agent is responsible for closing.
• Home inspection: A non-destructive visual look at the systems in a building. Inspection occurs when the home is under contract or in escrow.
• Homeowners insurance: A policy that protects the structure of the home, its contents, injury to others and living expenses should damage occur.
• In escrow: A period of time (30 days or longer) after a buyer has made an offer on a home and a seller has accepted. During this time, the home is inspected and appraised, and the title searched for liens, etc.
• Title insurance: Insurance that protects the buyer and lender should an individual or entity step forward with a claim that was attached to the property before the seller transferred legal ownership of the property or "title" to the buyer.
• Transfer taxes: Fees imposed by the state, county or municipality on transfer of title.
• Under contract: A period of time (30 days or longer) after a buyer has made an offer on a home and a seller has accepted. During this time, the home is inspected and appraised, and the title is searched for liens, etc.
• Walkthrough: A buyer's final inspection of a home before closing.

When you own a home

• Equity: A percentage of the home's value owned by the homeowner.
• Homeowners Association (HOA): The governing body of a housing development, condo or townhome complex that sets rules and regulations. They charge dues used to maintain common areas.
• Property tax exemption: A reduction in taxes based on specific criteria, such as installation of a renewable energy system or rehabilitation of a historic home.
• Tax lien: The government's legal claim against property when the homeowner neglects or fails to pay a tax debt.

Find out what else you can do to prepare for buying a home here.

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Crispy crust, flavorful sauce, unique toppings – could anything be more delicious than wood-fired pizza? There's just something about baking it in a high-temp, wood-fired oven that makes pizza even more incredible. The Albany area is home to a few great restaurants that serve wood-fired pizza. Here are the ones our real estate agents recommend visiting for a tasty experience. 

• Bacchus Wood-Fired: 33 2nd St., Troy, NY 12180
  Bacchus Wood-Fired is a great restaurant to stop by when you're looking at Troy homes for sale. Their slogan is "Antique Pizza in an Antique Town," and indeed, their food has a very traditional flair. Their pizza oven is shaped like a Bacchus sculpture and was created by artist Brian McCandless.
  
  A favorite at Bacchus is the Cheese Trigeminous, which comes topped with feta, mozzarella, and Romano cheeses. They do offer a "make your own" option, along with a selection of salads, wood-fired wings, and specialty pastas.

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Namaste! June 21st marks International Yoga Day – a day to celebrate the physical, emotional, spiritual, and mental prowess that yoga has brought to the world stage. Whether you do it to achieve inner peace, alleviate stress, or get in a great workout, yoga is a therapeutic activity for your body, mind, and soul. There are plenty of yoga studios in the Capital Region of New York, offering every conceivable style of yoga. The classes range from soothing to intense, so you're sure to find something for your skill level. Our real estate agents have rounded up the best yoga classes in the Capital Region, where you can stretch, bend, relax your mind, and find balance on International Yoga Day. Check out these yoga studios, grab your mat, and have a zen day.

• Heartspace Yoga & Healing Arts ­- 747 Madison Ave., Albany, NY 12208
  Heartspace Yoga & Healing Arts is one of the most highly-regarded yoga studios in the Capital Region.  Opened in 1998, this Albany-based studio offers yoga, healing arts, and meditation classes from a broad range of traditions. They have a calm, relaxing, and tranquil setting to ensure everyone achieves mind-body balance in every class. Heartspace's yoga classes include Hath yoga, Ashtanga primary series practice, Jivamukti yoga, gentle flow, Vinyasa yoga, Kundalini yoga, and Kripalu yoga. These beautiful Albany homes for sale are just a short drive away.

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Tacos are an approachable and delicious option for lunch or dinner — especially on Taco Tuesday! Whether you prefer carnitas or classic beef, there are plenty of awesome Mexican restaurants to choose from in the Capital Region. If you're house-hunting nearby or are new to the area, here are some of the top taco spots our real estate agents recommend checking out.

• La Cosina Mexicana Restaurant: 313 Bay Road, Queensbury NY, 12804
  La Cosina Mexicana is a welcoming, family-owned restaurant with a comfortable patio and an extensive menu, close to Queensbury homes for sale. If you're dining with friends, definitely start off with an order of guacamole and salsa for the table. The tacos here come in crisp, folded tortillas, with your choice of beef or chicken. They also offer several combination platters, allowing you to enjoy both a taco and an enchilada, or a taco and a chimichanga.

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If your books are littered everywhere around your house, here's some good news: You don't need master carpentry skills, thousands of dollars, or a workshop full of tools to build a dreamy bookshelf. With the right supplies and a little bit of creativity, you can build a unit worthy of a great library. Use it to display your cherished reads, media collection, knickknacks, and anything that suits your fancy. Our real estate agents give you the steps below for building an easy and inexpensive DIY bookshelf.

• Design and Determine the Dimensions
  You can custom design your bookshelf to fit a particular space or make one that can work in various locations. Either way, measure the space where you'll place the shelf unit. Decide how tall and how wide you want it to be. Typically, bookshelves are 12" or 16", but you can build yours to suit your needs. When you plan the size, you want the shelves to support the heaviest objects you have in mind without causing a noticeable dip. The shelves should be strong enough to support a heavy load of books and other décor items. Also, decide if you want your bookshelf to have a closed or open back.

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Real Estate and Women: A Perfect Pairing

Without a doubt, 2020 was a year that no one will ever forget – and for Coldwell Banker Prime Properties, that's not just because of the pandemic. Last year, we grew by double digits, expanded into new markets, and helped more than 6500 individuals find a place to call home. At the core of our surging success is our local leadership teams, which are made up of 22 individuals, 18 of whom are women.

As a top 2% Coldwell Banker affiliate, we are especially proud this year to celebrate Coldwell Banker's recent honor of the Women's Choice Award. The Women's Choice Award is the only award that recognizes and identifies brands that women recommend.

At Coldwell Banker, we value women in real estate. I am beyond proud to work for a brand that empowers women to take on leadership roles and strives to make the industry better. Through our work with our Inclusive Ownership program and What Moves Her initiative, we are continuously exploring new ways to support leadership development, promote shared values, and provide resources for enhancing leadership tools and capabilities for women in the industry." – Liz Gehringer, chief operating officer of Coldwell Banker Real Estate.

Not only is Coldwell Banker recommended as a brand to work with, but as real estate leaders in customer experience and quality, Coldwell Banker Prime Properties is an incredible place to work for.

Want to BE PART OF THE COLDWELL BANKER BRAND? Contact one of our local branch offices today!

Real Estate and Women: A Perfect Pairing

Without a doubt, 2020 was a year that no one will ever forget – and for Coldwell Banker Prime Properties, that's not just because of the pandemic. Last year, we grew by double digits, expanded into new markets, and helped more than 6500 individuals find a place to call home. At the core of our surging success is our local leadership teams, which are made up of 22 individuals, 18 of whom are women.

As a top 2% Coldwell Banker affiliate, we are especially proud this year to celebrate Coldwell Banker's recent honor of the Women's Choice Award. The Women's Choice Award is the only award that recognizes and identifies brands that women recommend.

At Coldwell Banker, we value women in real estate. I am beyond proud to work for a brand that empowers women to take on leadership roles and strives to make the industry better. Through our work with our Inclusive Ownership program and What Moves Her initiative, we are continuously exploring new ways to support leadership development, promote shared values, and provide resources for enhancing leadership tools and capabilities for women in the industry." – Liz Gehringer, chief operating officer of Coldwell Banker Real Estate.

Not only is Coldwell Banker recommended as a brand to work with, but as real estate leaders in customer experience and quality, Coldwell Banker Prime Properties is an incredible place to work for.

Want to BE PART OF THE COLDWELL BANKER BRAND? Contact one of our local branch offices today!

As a seller, you're probably looking for that extra something to give your home an edge over the competition. Starting with some advice from our real estate agents is always a good idea. They can tell you about the market in your area and what buyers are looking for right now.

Like everyone else, many buyers in the market right now have spent far more time than usual at home over the last year. And they've realized that their current home just doesn't fit their needs. So how do you make your Albany homes for sale stand out to them? Taking advantage of the current landscaping trends is an excellent place to start. The outside of the house and yard are the first things a buyer sees, so they can make a big impression. It can also help them imagine themselves entertaining friends, working out, or enjoying their favorite hobbies outdoors in this new space. And that might be just the thing that motivates them to make an offer.

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