At the free webinar — “Curious About Buying or Renting in the Hudson Valley?” — that took place on June 12, attendees heard from agents and lenders who described the particulars of buying and renting in New Paltz, Kingston, Woodstock, Saugerties, and other places in the region.
You can watch the video here.
Participants included Larry O’Toole, principal broker at Lawrence O’Toole Realty in Woodstock, who began the webinar by describing the frantic Hudson Valley market. “Bidding wars are now the norm,” he said. He also explained how taxes work in the Hudson Valley and where buyers on a budget of $300,000 or less should focus their search.
Other participants were Lawrence O’Toole Realty agents and associate brokers Jonathan Hubschman, Carol Graham, Casey Kearns and Carolyn Peters-Baker. Repping Citibank was Perry Gaa, producing lending manager, and Dan Peleg, home lending officer.
COVID-19 was on everybody’s mind. The Hudson Valley recently entered Phase 2 in the loosening of restrictions. “For showings, before you can walk through a property, there is a screening form and a COVID questionnaire that must be signed off on,” said Carol Graham.
Citibank’s Perry Gaa outlined the downpayment process — from 5 percent to 15 percent — and what the requirements are for each.
Buying land and how to build on it was also discussed. “If you don’t see the home that you want, people up here very often think about creating one,” said Jonathan Hubschman.
To learn about sponsorship and panel participation opportunities for Brownstoner webinars, please get in touch here.
[Photos via Lawrence O’Toole Realty]