Fall brings with it a sense of reinvigoration that New Yorkers can never get enough of, with a near-perfect mix of warm and cool days, and some rain added in for good effect. Scores of people choose to head outdoors, for long walks, drives, and cruises alike. If you’re a relatively new homeowner in New York or have been around for a while but haven’t gotten around to exploring, you might be surprised to discover the sheer number of alternatives on offer.
No matter whether you live in New York City, Long Island, or Upstate, you may make the most of what fall has to offer without venturing too far, unless that’s what you prefer, in which case, your options increase significantly.
New York in the fall brings something for just about everyone, whether it’s admiring the changing foliage, visiting a vineyard, or heading to a museum. Here are some of the more popular routes that homeowners in New York take when fall comes calling.
Apple and pumpkin farms in and around New York are ideal for breathing clean and crisp air, while also taking in nature’s changing colors. While you get to pick apples and pumpkins, many farms also offer a slew of activities to keep everyone in the family occupied. Some of your top alternatives include:
Some of the best farm stands in the region that give you access to an array of fresh fruits and vegetables include:
There’s something about celebrating fall with apple cider donuts and pies of different types, and it probably has to do with the warmth they bring to the table and many a hearts. Some of the places that rate particularly well for their apple cider donuts include:
Here are some great alternatives if you fancy pies:
New York, with the Hudson Valley, in particular, was among the first wine-producing regions in the country, and some of the wineries in the state continue producing excellent vintages. With a significant number of breweries, cider mills, and distilleries now spread across the state, you are truly spoiled with options. Here are some that warrant your attention.
Come fall, New York is replete with festivals. All you need to do is look for a reason to celebrate, and attend one, two, or more. While pumpkins, apples, and a hint or more of spookiness are pretty much a staple, you may also expect rides, exhibits, local treats, live events, and more. Here are some fall festivals in New York that deserve your attention.
If you wish to experience New York’s fall foliage in all its glory, your best bet is to head upstate for a foliage hike. Some of your top options include:
Some other ways to explore New York in the fall include taking scenic drives, going on romantic getaways, digging into the region’s haunted past, experiencing treetop adventures, watching drive-in movies, visiting museums, and going kayaking.
Given that mortgage rates are at near all-time lows, several renters in New York are hopeful of becoming homeowners in the near future. If you’re planning to buy a home in New York, you will, in all likelihood, need a mortgage. However, you need to address other aspects before contacting a mortgage provider.
If you have average or poor credit, your chances of qualifying for a mortgage with an attractive interest rate will be challenging. Even if you end up getting one, you might have to pay a considerably high annual percentage rate (APR). Start by going through your credit reports in detail and look for any possible errors, as these may bring down your credit score. If you find any errors, contact the credit bureaus in question and promptly rectify them.
Make all your payments on time, as this can help improve your credit score. It is also important that you keep your credit utilization ratio low. This refers to the credit you’ve used from your total available credit, and should ideally be below 30%.
Determine how much you may afford to spend toward your repayments each month after accounting for your income, expenses, and existing debt. You also need to factor in any unexpected expenses that might come your way in the future.
Just how much down payment you need depends on multiple factors, including the type of mortgage you plan to get. However, conventional wisdom suggests that you pay 20% of a home’s selling price as a down payment. This way, you avoid paying extra toward private mortgage insurance (PMI). Besides, the higher your down payment, the lesser you pay in interest charges through the course of your loan.
If you qualify for government-backed mortgages, you might benefit by having to make little to no down payment. For instance, USDA loans and VA loans come with zero down payment requirements. People who’re eligible for FHA loans may make 3.5%or 10% down payment.
When narrowing down on the type of mortgage that might work best for you, you need to choose between fixed-rate and adjustable-rate mortgages. In the case of the former, the APR remains the same for the entire course of the loan, which ensures that there is no unpredictability. You also need to establish how much time you might need to repay your mortgage as you can choose between 15-year, 20-year, and 30-year terms.
Select a lender based on aspects such as interest rates, fees, customer support, and flexibility in terms and conditions. Then, get prequalified. This gives you an indication of how much the lender is willing to lend to you, so you may look for homes accordingly. Besides, getting prequalified for a mortgage gives real estate agents and sellers an indication that you are serious about the process.
New York in the fall has much to offer for the entire family. All you need to do is make a plan and hit the road. With seasons changing colors and there being no dearth of activities from which to choose, do your best to take advantage of where you live and cross off as many items from your fall bucket list as possible. Whether it’s Thanksgiving or Halloween, it’s only fair that you and the ones you love have a good time.
If you plan to buy a home in New York this fall, start doing your homework. Once you’re checked your credit reports and arrived at a budget, consider contacting a mortgage provider.
30-YEAR FIXED-RATE MORTGAGE: THE PAYMENT ON A $200,000 30-YEAR FIXED-RATE LOAN AT 3.875% AND 80%LOAN-TO-VALUE (LTV) IS $940.14 WITH 0 % POINTS DUE AT CLOSING. THE ANNUAL PERCENTAGE RATE (APR) IS 4.026%. PAYMENT DOES NOT INCLUDE TAXES AND INSURANCE PREMIUMS. THE ACTUAL PAYMENT AMOUNT WILL BE GREATER. SOME STATE AND COUNTY MAXIMUM LOAN AMOUNT RESTRICTIONS MAY APPLY.
Considering homeownership but not sure where to begin? The Meadowbrook Financial Mortgage Bankers Corp. guide to home buying will make the process easy all in one packet.
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