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Welcome everybody to Buying 
Local. 

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I'm your host, Matt Noth from 5 
Tower Media. 

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And today we have a wonderful 
guest, Dan Wade. 

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Welcome, Dan. 
Hey, you're welcome. 

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Thanks for having me. 
I appreciate it. 

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Yeah, of course. 
Thank you for coming on. 

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Just before we, you know, get 
into our conversation, why don't

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you tell the viewers a little 
bit about who you are and, you 

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know, maybe, maybe something 
exciting that you're working on?

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Sure. 
So, yeah, So my name is Dan 

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Wade. 
I'm an attorney with Ian LO 

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Anderson and we are primarily a 
real estate law firm that has 

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four offices from Glens Falls 
all the way down to Albany. 

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So we make it very convenient 
for our clients to close. 

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Some recent stuff that's been 
happening is, you know, I've 

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been working on scheduling a 
vacation for later this summer 

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to go to Alaska with my family. 
So we're looking forward to that

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a lot and doing some dog 
sledding and some train riding. 

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So it's going to be a lot of 
fun. 

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We're looking forward to it. 
My son's getting ready to go 

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into the lacrosse season, so 
we're excited about that. 

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And we also just found out that 
his robotics team qualified for 

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the New York State finals, so 
they'll be competing in that 

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coming up in a couple weeks. 
So we have just a few things 

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going on. 
Yeah, sounds like sounds like 

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you got a lot on your plate. 
That's awesome though. 

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That's that sounds sounds like a
lot of fun stuff. 

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I mean, as you know me, I'm a 
big lacrosse head too, so I love

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that. 
Lacrosse seasons, you know, 

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here. 
Yeah, yeah. 

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So which position did you play? 
I played defense, so I had to. 

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Yeah, he plays committee, so 
you'd be going against each 

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other. 
Yep. 

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Well, that's awesome. 
Yeah. 

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So you touched on a little bit 
of your law. 

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Could you just explain, I know 
you kind of cover real estate 

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law, title law. 
Could you, yeah, just explain 

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kind of all the areas that you, 
your practice deals with? 

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Sure, Yeah, absolutely. 
So what happens if somebody's 

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selling a house or buying a 
house, they're going to meet 

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with a real estate agent and 
they're going to end up signing 

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a contract. 
And then within those contracts 

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built in our provisions for 
attorneys to review those and 

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sort of guide the clients 
through through the process. 

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And that's kind of partly where 
I come in is I'll review the 

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contract, I'll draft an approval
letter that goes along with it, 

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and I'll discuss those items 
with the clients so that they 

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understand what they're getting 
into, what's expected of them, 

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and just sort of set everyone's 
expectations so that everyone 

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understands is on the same page 
as how the transaction's going 

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to go. 
As far as that. 

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We're also going to handle 
ordering any kind of title 

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search that's needed to review 
the chain of title and any liens

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that are against the property, 
open taxes, things like that, to

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just make sure that everything 
is taken care of and that the 

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title that the client receives, 
the closing is a good title that

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they would be able to sell if 
they need to sell the property 

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in the future. 
So yeah, just things like that. 

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And if inspection though a 
certain way and they need to 

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request any kind of repairs or 
credits, that's something that 

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will help negotiate on their 
behalf as well. 

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We also prepare final figures 
and documents and attend the 

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closing on the client's behalf. 
Love it. 

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Yeah, I've. 
I just want to preface. 

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I mean, I've had the chance to 
actually, we just had our last 

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podcast was on gold, all of Gold
Star and the referral group and 

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the networking aspect of that. 
So I've actually had the chance.

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Dan's also a great gentleman, 
superb networker, also can be 

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found in the Gold Star referral 
groups. 

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But the one thing that I really 
noticed about you is that you 

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really take the time to educate 
your, I guess clients. 

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Why? 
Why do you feel that's that's 

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kind of separates you with that 
educational piece? 

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Sure. 
I think it's important because I

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just think it's good that people
know and understand fully what 

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the process is going to entail. 
And part of that is, you know, 

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better information for clients, 
then you end up having better 

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clients. 
And if those clients had a good 

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experience, then you know, from 
the networking side, hopefully 

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they they speak with other 
potential clients who then could

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come my way. 
And it's also about, like I 

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said, setting expectations and 
managing people's emotions so 

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that they know what to expect 
and when to expect it. 

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You know, for some of the 
clients that I work with and 

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some of the agent partners that 
I work with, I have prepared a 

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very colorful flow chart that 
shows how the real estate 

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process is supposed to go. 
And that helps the clients out a

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lot because then they know when 
to expect certain things to 

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happen. 
And also when they're asking 

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questions, they want to make 
sure that they didn't miss a 

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step or that they they haven't 
missed an opportunity to ask a 

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question or to take advantage of
an opportunity that might be 

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important to them. 
So you, you touched on the 

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motion piece, how much of your 
day-to-day is kind of, you've 

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seen yourself stepping away from
that lawyer stuff and more kind 

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of being a shoulder to cry on? 
Does that happen happen often? 

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Yeah, I mean, does happen as 
part of the job, right. 

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So I mean, for me, like I, I'm 
an empathetic person. 

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So I care about the people that 
I work with and I care about the

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clients that I represent. 
And I want them to have a good 

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experience. 
I want their lives to go well. 

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I want everyone that I work with
or come into contact with, I 

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want them to be successful. 
So I just want to help put 

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everyone in that best position 
as possible. 

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Yeah. 
And sometimes that takes, you 

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know, you get to learn a lot 
about clients a lot of times, 

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and you learn about their whys, 
like why are they doing what 

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they're doing? 
And everybody has their 

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different reasons. 
One of the things that I really 

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love about this job is that you 
come into people's lives with 

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all different chapters that 
they're going through and people

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have many different chapters 
throughout their life. 

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Some people are expanding their 
family because they're getting 

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ready to have a family. 
And so maybe now they need to 

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have more space for children 
that are going to be coming 

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along. 
For other people, it might be 

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they've gotten older and their 
kids have graduated college and,

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and are about to go out on their
own and now people don't need as

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much space. 
So maybe now they're looking to 

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sell and, and downsize or, or 
move and start to go in the 

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different direction and 
different chapter of their life 

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towards retirement. 
But all those chapters have 

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meaning to people and they're 
all important to people in their

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own way. 
And it's to connect with people 

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and learn about that process 
and, and why they're doing what 

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they're doing. 
And you get a little glimpse 

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into their life and they get a 
little glimpse in the mind. 

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And it's really kind of a fun 
experience. 

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Yeah, that's great. 
You, you said that you were an 

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empathetic person. 
You know, me knowing you 

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personally, I could definitely 
attest that. 

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But starting out, did you 
always, was this your calling? 

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Did you always know you wanted 
to be doing this stuff? 

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Is this you know? 
Yeah, yeah, Actually, no, my, my

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first, my first choice of career
was going to be veterinarian. 

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That's what I thought I was 
going to be until one day I was,

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I was, I was called out to hold 
the lead line of a of a horse 

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that had gotten injured. 
And I start to wobble like this 

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a little bit. 
And so I'm like, well, I don't, 

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I don't know if veterinarian's 
going to be in the cards for me.

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And that was right around, right
around, you know, my senior year

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in high school. 
And, you know, I was fortunate 

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enough that I had an open 
period. 

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And so I took a business law 
class in high school, which, you

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know, proved to sort of, you 
know, kind of spark that next, 

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you know, thing that I wanted to
do. 

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And, and I enjoyed it. 
I really liked it. 

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Sometimes I would debate with 
the teacher about some of his 

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questions and the and the 
wording of his questions. 

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And so I'm like, OK, I think 
this lawyering thing might be 

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the thing I want to do. 
Yeah. 

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Oh, that's awesome. 
Yeah, But doing real estate, so 

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then even beyond that, going to 
law school, you know, you can in

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theory have a concentration, not
everybody does. 

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So often times when you go to 
law school and you're like, OK, 

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I'm not not 100% sure what area 
of law I want to fall into, but 

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eventually real estate sort of, 
you know, caught my eye and 

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became something that I really 
wanted to do. 

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Awesome. 
So could you just explain a 

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little bit of how you connected 
with this current role you're in

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now? 
Sure. 

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Yeah, Yeah. 
So my previous job, so out of 

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law school, I took a job in the 
southern part of the state and 

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as part of that job I did a lot 
of work representing banks in 

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collections and bankruptcy and 
landlord tenant work, but also 

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did a lot of work with them in 
Closings and title review. 

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So reviewing of title reports. 
So in learning why title in the 

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way that it's written is 
important. 

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And so then when it became time 
after, you know, a few years of 

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doing that, we decided to move 
back up to this area, which is, 

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you know, closer to where I grew
up. 

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I grew up outside of 
Schuylerville and now I live 

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outside of Queensbury. 
And it, it was an easy move to 

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move back. 
But when I got a chance to move 

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back, I said, why don't I shift 
my career a little bit and use 

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what I know about title, use 
what I know about, you know, 

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wanting to connect with people 
and be part of the community and

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helping people buy and sell 
homes seemed like the perfect 

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fit to do that because I could 
review the title work. 

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I could make sure that the 
transaction goes the way it's 

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supposed to go and hopefully 
give clients a good experience 

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and and represent them well. 
That's awesome. 

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Yeah. 
I love, love hearing, love 

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hearing kind of how people start
and where they end up by, you 

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know, me being 22, I'm just 
starting out my career. 

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So, you know, the light at the 
end of the tunnel is, you know, 

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only getting brighter. 
So just taking a step back, 

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getting back into like the 
actual real estate. 

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What? 
Because again, I I don't own a 

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home just yet, but when? 
I. 

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And Yep, and you're going to be 
the you're going to be exactly 

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the first time I'm calling up. 
But what's the biggest mistake 

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you see with first home time 
buyers? 

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Yeah. 
So right now, you know, when 

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2020 happened and the world shut
down the way that it did, and 

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real estate really did the 
opposite of what a lot of people

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thought was going to happen 
during that time period. 

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And the real estate market just 
took off, right? 

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So little supply, lots and lots 
of demand. 

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So buyers had to take steps to 
make their offers sort of stand 

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out from other people's offers. 
And some of the ways that buyers

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would do that during that time 
period is they would agree to 

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waive inspections of, of a 
property. 

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And you know, when my attorney 
had on that, that always makes 

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us a little cautious, a little 
nervous, because unless you're 

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licensed in that area and really
have a, a good education and a 

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good working knowledge as to 
everything that goes into a home

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and all its systems. 
You know, a licensed inspector 

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is really a vital piece of the 
real estate buying and selling 

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process. 
Because again, it gives you more

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of that information as to what 
the home really looks like, what

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it, how it functions, what if 
anything doesn't function, what,

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if anything might need to be, 
you know, repaired immediately 

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and what might need to be 
repaired at some point in the 

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future. 
So a lot of people were going 

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into that process a little bit 
unknown during that time period.

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And so that's, you know, that's,
that's one of the things that 

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that I see that makes me sort of
like cringe a little bit is when

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I see instances where people 
have had to waive inspections. 

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Now I know and I understand that
there are reasons and there's 

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time and place for why they may 
happen. 

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And of course, I'm going to 
still represent my clients to 

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the best of my ability, but it 
does take one of the things away

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that we have to, to, to get that
additional chance to, to educate

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the clients and work with them. 
Awesome. 

226
00:12:19,640 --> 00:12:24,600
Could you explain a little bit 
of I guess the practical ways of

227
00:12:24,760 --> 00:12:28,160
the dues of what to do during 
that home buyer process? 

228
00:12:28,240 --> 00:12:29,440
Oh, yeah, absolutely. 
Yeah. 

229
00:12:29,440 --> 00:12:32,880
So there, there are like several
things that you see like either 

230
00:12:32,880 --> 00:12:35,400
on the seller's side or the 
buyer's side where there's like 

231
00:12:35,880 --> 00:12:38,760
here's here's like some things 
that you probably shouldn't do 

232
00:12:38,760 --> 00:12:43,040
or, you know, and it happens 
really on both sides for, for a 

233
00:12:43,040 --> 00:12:45,960
lot of the sellers. 
Like is it particularly in the 

234
00:12:45,960 --> 00:12:49,560
winter time, like down? 
It's, I saw it a couple times 

235
00:12:49,560 --> 00:12:54,000
this winter where the sellers, 
they signed a contract. 

236
00:12:54,520 --> 00:12:56,800
Maybe they moved out of town, 
maybe they already live out of 

237
00:12:56,800 --> 00:12:59,800
town. 
And I'm not really 100% sure 

238
00:12:59,800 --> 00:13:04,160
why, but they, they turn the 
utilities off to the property at

239
00:13:04,160 --> 00:13:06,720
the beginning of the process. 
So now you have a property 

240
00:13:06,720 --> 00:13:10,840
that's sitting, you know, in the
winter in upstate New York, 

241
00:13:11,560 --> 00:13:13,560
which is not never a good 
recipe, right? 

242
00:13:14,120 --> 00:13:15,720
Which you haven't owned a host 
yet. 

243
00:13:15,720 --> 00:13:18,640
But I'm pretty sure you probably
know what happens to water when 

244
00:13:18,640 --> 00:13:21,800
it freezes. 
Those pipes can burst. 

245
00:13:21,840 --> 00:13:25,480
And you know, if those pipes 
burst, they can it can cause a 

246
00:13:25,480 --> 00:13:29,320
lot of damage in the home. 
Water is probably one of the 

247
00:13:29,320 --> 00:13:32,200
bigger things that can cause a 
lot of damage to the home. 

248
00:13:32,480 --> 00:13:35,840
So one thing is to not do for a 
seller is, you know, don't turn 

249
00:13:35,840 --> 00:13:39,960
off the utilities. 
What should happen is is you 

250
00:13:39,960 --> 00:13:42,720
know, right before the closing 
happens, a buyer's going to 

251
00:13:42,720 --> 00:13:46,000
reach out to the utility company
and they're going to ask for the

252
00:13:46,000 --> 00:13:49,960
utilities to be transferred over
into their name so that the 

253
00:13:49,960 --> 00:13:53,040
buyer will just take over the, 
the use of the utilities and 

254
00:13:53,040 --> 00:13:56,280
also the cost of the utilities. 
So there's there's no need for 

255
00:13:56,280 --> 00:13:59,440
the seller to to reach out 
necessarily and have the 

256
00:13:59,440 --> 00:14:03,840
utilities turned off sort of. 
And gently with that, you don't 

257
00:14:03,840 --> 00:14:07,400
want to have a seller turning 
the heat off 14, turning the 

258
00:14:07,400 --> 00:14:11,040
heat so low that you risk a 
situation where you know, the 

259
00:14:11,200 --> 00:14:13,040
the pipes could could freeze as 
well. 

260
00:14:13,560 --> 00:14:16,640
So just that's something that a 
seller should try to avoid as 

261
00:14:16,640 --> 00:14:18,400
well. 
Yeah. 

262
00:14:19,040 --> 00:14:23,040
If you don't mind me just 
interrupting, what what would be

263
00:14:23,040 --> 00:14:28,160
the recommended recommended 
temperature, the lowest if you 

264
00:14:28,160 --> 00:14:29,840
were to leave your home? 
Do they? 

265
00:14:29,840 --> 00:14:32,480
Do you have a number? 
Well, it kind of depends on how 

266
00:14:32,480 --> 00:14:36,000
your home is set up, right? 
And you know, if you do you have

267
00:14:36,000 --> 00:14:38,320
a basement, do you have a crawl 
space? 

268
00:14:38,560 --> 00:14:40,280
Do you not have any of those 
things? 

269
00:14:42,080 --> 00:14:46,320
Because, you know, I think 
people have like their nest 

270
00:14:46,320 --> 00:14:48,760
thermostats and they have their 
other thermostats, right? 

271
00:14:49,120 --> 00:14:51,080
So you want to keep it at a 
level where you make sure that 

272
00:14:51,080 --> 00:14:54,520
wherever the pipes are located 
that they're not getting near 

273
00:14:54,520 --> 00:14:58,440
that that freezing temperature. 
Another thing that I have seen 

274
00:14:58,440 --> 00:15:01,720
people do from time to time, 
like people who are renting 

275
00:15:01,800 --> 00:15:05,160
apartments or maybe you have a 
house where the pipes are under 

276
00:15:05,160 --> 00:15:08,320
the house, but you don't have 
necessarily have really good 

277
00:15:08,320 --> 00:15:11,160
insulation under there or you 
don't have a basement with any 

278
00:15:11,160 --> 00:15:12,800
kind of heat source to that 
area. 

279
00:15:13,200 --> 00:15:15,920
You know, if if it's always a 
good idea that to insulate the 

280
00:15:15,920 --> 00:15:19,240
pipes if you can. 
There's also heat tape that 

281
00:15:19,240 --> 00:15:22,640
people can use to put on pipes. 
But another trick that you can 

282
00:15:22,640 --> 00:15:26,840
do is, you know, you can leak 
and trickle, you know, you can 

283
00:15:26,840 --> 00:15:30,320
trickle the faucet so that the 
water is moving. 

284
00:15:30,640 --> 00:15:32,880
So if the water is moving, then 
it then it can't freeze. 

285
00:15:33,200 --> 00:15:37,160
So I've I've heard of people 
doing that as well in areas 

286
00:15:37,160 --> 00:15:39,920
where they don't have those 
other abilities to, to keep the 

287
00:15:39,920 --> 00:15:42,600
water warm enough. 
Great. 

288
00:15:42,600 --> 00:15:44,600
Yeah, good to know. 
Especially like those like it's 

289
00:15:44,600 --> 00:15:47,800
that those really older houses 
that that don't have the same 

290
00:15:47,800 --> 00:15:50,640
kind of insulation type 
situations. 

291
00:15:51,120 --> 00:15:56,000
Yeah, good to know. 
Let's jump to the opposite side 

292
00:15:56,000 --> 00:15:59,400
of that question then. 
So things like on the buyer's 

293
00:15:59,400 --> 00:16:04,320
side and a lot of these, you 
don't want to jeopardize any 

294
00:16:04,320 --> 00:16:08,240
kind of funding situation with 
your loan if you're taking a 

295
00:16:08,240 --> 00:16:10,240
mortgage. 
So you don't want to like change

296
00:16:10,240 --> 00:16:13,120
jobs in the middle of a 
transaction if you can help it. 

297
00:16:14,080 --> 00:16:16,760
Likewise, you don't want to 
change your marital status 

298
00:16:17,680 --> 00:16:21,720
because that creates new legal 
rights and obligations and and 

299
00:16:21,720 --> 00:16:24,840
things like that. 
So, you know, there are people 

300
00:16:24,840 --> 00:16:28,120
who they're getting engaged and 
they want to buy their first 

301
00:16:28,120 --> 00:16:30,720
home together. 
So just sort of keep that timing

302
00:16:30,720 --> 00:16:35,000
in mind that you either want to 
buy the house before your 

303
00:16:35,000 --> 00:16:38,280
wedding or you wait until after 
your wedding to buy the house, 

304
00:16:38,280 --> 00:16:41,920
but try not to schedule your 
wedding in the middle of your 

305
00:16:41,920 --> 00:16:44,400
real estate transaction. 
Number one, that sounds 

306
00:16:45,080 --> 00:16:48,960
extremely stressful and I 
wouldn't recommend it, but #2 

307
00:16:48,960 --> 00:16:52,040
there's also legal rights and 
obligations that pop up in there

308
00:16:52,040 --> 00:16:54,920
that that could change in the 
middle of the transaction and 

309
00:16:54,920 --> 00:16:58,160
could potentially slow things 
down for a second with your, 

310
00:16:58,200 --> 00:17:01,120
with your lender if you can help
it, am I right? 

311
00:17:01,680 --> 00:17:04,359
Some of the things that also 
things we see with buyers is 

312
00:17:04,760 --> 00:17:07,480
after the closing, your D gets 
recorded. 

313
00:17:07,480 --> 00:17:10,440
And when your D gets recorded, 
it becomes a public document, 

314
00:17:10,760 --> 00:17:13,599
meaning it's on public record at
the county clerk's office. 

315
00:17:14,040 --> 00:17:17,160
There are companies out there 
that watch for deeds to get 

316
00:17:17,160 --> 00:17:19,440
recorded. 
And when they get recorded, 

317
00:17:19,440 --> 00:17:24,319
these companies send these new 
homeowners these very official 

318
00:17:24,560 --> 00:17:28,400
looking, very scary letters that
make it sound like something 

319
00:17:28,400 --> 00:17:32,000
terrible happened and that they 
need to urgently have a 

320
00:17:32,000 --> 00:17:35,640
certified copy of your deed in 
order to prove you have 

321
00:17:35,640 --> 00:17:38,760
ownership of the property. 
And these companies will offer 

322
00:17:38,760 --> 00:17:42,400
to provide that service and also
provide a property profile 

323
00:17:42,400 --> 00:17:46,320
assessment for a very inflated 
cost of I've seen anything from 

324
00:17:46,320 --> 00:17:52,080
like 85 to almost $200. 
And what's crazy is that, you 

325
00:17:52,080 --> 00:17:55,400
know, a certified copy of a 
deed, essentially the county 

326
00:17:55,400 --> 00:17:58,680
clerk is doing is they're 
comparing the original versus a 

327
00:17:58,680 --> 00:18:01,560
copy and they put a raised seal 
on the copy. 

328
00:18:01,880 --> 00:18:03,840
That's really all a certified 
copy is. 

329
00:18:04,200 --> 00:18:07,680
Most county clerks will do that 
service for 5 or 10 bucks, so 

330
00:18:07,680 --> 00:18:09,640
you don't need to pay $200, 
number one. 

331
00:18:09,840 --> 00:18:12,960
Number two, you shouldn't need 
to pay any more money for copies

332
00:18:12,960 --> 00:18:15,200
of your deed. 
The deed's going to be on public

333
00:18:15,200 --> 00:18:18,640
record with the county clerk #1 
#2 your attorney's office will 

334
00:18:18,640 --> 00:18:22,160
be more than happy to e-mail you
a copy of your deed that they 

335
00:18:22,160 --> 00:18:28,320
have on file as well. 
So other things for a buyer, 

336
00:18:28,320 --> 00:18:31,440
when you're getting close to a 
closing, it's really good idea 

337
00:18:31,440 --> 00:18:35,320
that whatever bank you use to 
house your money, that you have 

338
00:18:35,320 --> 00:18:38,520
that bank somewhat in the 
general vicinity of where the 

339
00:18:38,520 --> 00:18:41,520
closing is going to take place. 
And that's, you know, for the 

340
00:18:41,520 --> 00:18:43,240
most part, because you're going 
to need that money for the 

341
00:18:43,240 --> 00:18:44,720
closing. 
So you want to be able to make 

342
00:18:44,720 --> 00:18:48,480
sure that you can get that money
drawn on on a relatively 

343
00:18:48,480 --> 00:18:52,600
quickly, quick basis if needed. 
You know, people like to use 

344
00:18:52,600 --> 00:18:57,920
wires and wires can be used from
time to time, but wires are also

345
00:18:57,960 --> 00:19:01,520
inherently risky. 
You know, there are 

346
00:19:02,120 --> 00:19:04,680
unfortunately, there are, there 
are bad people out there and 

347
00:19:04,960 --> 00:19:08,560
there are bad people who will 
try to infiltrate different 

348
00:19:08,560 --> 00:19:10,520
systems and different real 
estate companies. 

349
00:19:10,520 --> 00:19:15,960
And if they are, you know, the 
scary situation could be, you 

350
00:19:15,960 --> 00:19:21,160
know, I send you in an e-mail 
wiring instructions or maybe pay

351
00:19:21,160 --> 00:19:23,800
off instructions to send a wire 
to you. 

352
00:19:23,800 --> 00:19:26,920
Don't think nothing of it. 
You just go ahead and and send 

353
00:19:26,920 --> 00:19:29,280
that wire out. 
But little do you know is that 

354
00:19:29,280 --> 00:19:32,760
somebody has intercepted my 
e-mail, did a quick Photoshop 

355
00:19:32,760 --> 00:19:36,040
now, but they're wiring 
information in the letter where 

356
00:19:36,040 --> 00:19:38,720
my information was. 
And now you're sending money to 

357
00:19:38,720 --> 00:19:42,120
who knows where, right? 
So best practices are, yeah, 

358
00:19:42,640 --> 00:19:44,440
maybe we'll send you wiring 
instructions. 

359
00:19:44,440 --> 00:19:48,360
But then we do require that you 
call and speak with a human from

360
00:19:48,360 --> 00:19:52,440
a trusted phone number that you 
have for us or for anybody that 

361
00:19:52,440 --> 00:19:55,960
is asking you to wire so that 
you have that verbal 

362
00:19:55,960 --> 00:20:00,040
confirmation as well and you had
a additional layer of security 

363
00:20:00,040 --> 00:20:03,360
for protecting your money so. 
Yeah. 

364
00:20:05,360 --> 00:20:07,920
This time of year, we're in the 
middle of February right now as 

365
00:20:07,920 --> 00:20:12,000
we record this. 
And so a good thing for home 

366
00:20:12,000 --> 00:20:16,200
buyers to know or homeowners to 
know is in New York State, if 

367
00:20:16,200 --> 00:20:19,160
the property is your primary 
residence and you know, you meet

368
00:20:19,160 --> 00:20:22,800
certain other requirements and 
criteria, you can register your 

369
00:20:22,800 --> 00:20:26,480
property for free with the New 
York State Department of Tax for

370
00:20:26,480 --> 00:20:29,920
the New York State STAR program 
and that STAR program. 

371
00:20:29,920 --> 00:20:32,960
What that does is when your 
school taxes get paid, you'll 

372
00:20:32,960 --> 00:20:37,200
get a rebate check back, you 
know, usually within a month for

373
00:20:37,520 --> 00:20:40,560
for me, it's a couple 100 bucks 
that comes in October. 

374
00:20:40,880 --> 00:20:42,880
It's like money that you forget 
about. 

375
00:20:43,480 --> 00:20:46,280
But it's nice little perk that 
New York State gives to 

376
00:20:46,600 --> 00:20:49,400
homeowners who are using a 
property as your primary 

377
00:20:49,400 --> 00:20:52,360
residence. 
Now you can only register one 

378
00:20:52,360 --> 00:20:55,360
property because you can't have 
more than one primary residence.

379
00:20:55,360 --> 00:20:58,160
But if you have a primary 
residence in New York State, you

380
00:20:58,160 --> 00:21:00,760
have something to look into. 
Go onto the website and see if 

381
00:21:00,760 --> 00:21:02,360
your property has already been 
registered. 

382
00:21:02,840 --> 00:21:04,320
If not, then go ahead and 
register it. 

383
00:21:04,320 --> 00:21:05,720
It's free. 
Huh. 

384
00:21:06,280 --> 00:21:08,800
And are there any like 
qualifications? 

385
00:21:08,800 --> 00:21:11,360
Do you need like income to 
qualify for? 

386
00:21:11,360 --> 00:21:15,520
That, yeah, the big, the biggest
one is you have to, not, you 

387
00:21:15,520 --> 00:21:20,400
have to make less than $500,000 
per year, which for me is no 

388
00:21:20,400 --> 00:21:24,320
problem at all. 
Well, under that, maybe someday 

389
00:21:24,320 --> 00:21:29,000
that'll change, who knows? 
So, but yeah, that's, that's the

390
00:21:29,000 --> 00:21:30,840
primary, that's the primary 
thing. 

391
00:21:30,960 --> 00:21:32,600
It just has to be your primary 
residence. 

392
00:21:33,240 --> 00:21:34,200
Awesome. 
Yeah. 

393
00:21:35,520 --> 00:21:39,240
I just had I, I know we're 
closing, getting close to the 

394
00:21:39,240 --> 00:21:43,560
closing time, but just a couple 
more questions. 

395
00:21:43,560 --> 00:21:49,080
I know we're, you know, in the 
North Country, is there in I, I,

396
00:21:49,080 --> 00:21:51,960
I was just wondering because I 
know a lot of people with camps 

397
00:21:51,960 --> 00:21:54,560
and, you know, the Adirondacks 
being in their backyard 

398
00:21:54,560 --> 00:21:59,000
practically are there do the 
camps or where they call them 

399
00:21:59,000 --> 00:22:02,440
seasonal homes? 
Do those bring up any unique 

400
00:22:02,440 --> 00:22:06,400
legal challenges compared to, 
you know, a residential home or?

401
00:22:07,800 --> 00:22:12,560
Well, I have so from a real 
estate it depends I guess part 

402
00:22:12,560 --> 00:22:18,280
of it depends like do they exist
and near or touching any water? 

403
00:22:19,600 --> 00:22:22,680
Are there any docks in the 
property because you have 

404
00:22:22,680 --> 00:22:25,960
boating rights and dock slips 
and things like that to come 

405
00:22:25,960 --> 00:22:30,200
into play. 
Is it part of the Adirondack 

406
00:22:30,200 --> 00:22:32,240
Park? 
So we would be coming or the 

407
00:22:32,680 --> 00:22:36,520
Adirondack Park Agency and you 
know, various rules and things 

408
00:22:36,520 --> 00:22:39,240
there. 
A lot of things with the with 

409
00:22:39,240 --> 00:22:42,000
the camps is just, you know, 
people want to make sure that 

410
00:22:42,000 --> 00:22:44,400
they do their due diligence and 
have them inspected. 

411
00:22:45,360 --> 00:22:48,840
You know, not a lot of camps are
hooked up to any kind of town 

412
00:22:49,080 --> 00:22:52,120
water or town sewer, right? 
So they have their own 

413
00:22:52,120 --> 00:22:54,800
independent, well, they have 
their own septic. 

414
00:22:54,800 --> 00:22:57,800
So you want to make sure that if
you have an inspections done, 

415
00:22:57,800 --> 00:23:01,720
that you have the water quality 
test done and you have the 

416
00:23:01,720 --> 00:23:05,560
septic tested as well. 
You know, the property's up near

417
00:23:05,560 --> 00:23:08,600
Lake George, that's that 
septic's got to be inspected 

418
00:23:08,600 --> 00:23:10,840
anyway. 
That's part of Bolton's town 

419
00:23:10,840 --> 00:23:14,520
ordinances now. 
So yeah, things like that. 

420
00:23:14,520 --> 00:23:17,560
And just be mind, you know, 
mindful of different structures,

421
00:23:17,880 --> 00:23:21,600
how they're different, right? 
Also, if you have an insurance 

422
00:23:21,600 --> 00:23:25,560
guy, they might be insured a 
little bit differently because 

423
00:23:25,560 --> 00:23:27,160
it's not going to be occupied 
full time. 

424
00:23:27,600 --> 00:23:29,480
So it might be all the things 
that you can do there with your 

425
00:23:29,480 --> 00:23:31,800
insurance guy. 
Talk to them about that. 

426
00:23:32,760 --> 00:23:34,480
A lot of camps don't have 
basements. 

427
00:23:35,480 --> 00:23:37,160
So, you know, you have different
things like that. 

428
00:23:37,160 --> 00:23:39,840
You want to make sure the 
property is properly winterized.

429
00:23:40,360 --> 00:23:43,280
Of course for the like that all 
the things we talked about at 

430
00:23:43,280 --> 00:23:45,880
the beginning with any kind of 
burst pipe situations, you want 

431
00:23:45,880 --> 00:23:50,280
to avoid that if possible. 
So, yeah, so those are just like

432
00:23:50,280 --> 00:23:54,160
a a few of the things that are a
little bit different from maybe 

433
00:23:54,160 --> 00:23:56,840
a residential home in downtown 
Glens Falls. 

434
00:23:58,200 --> 00:24:01,160
Great. 
And Dan, thanks again for coming

435
00:24:01,160 --> 00:24:03,240
on. 
I know we're getting short on 

436
00:24:03,240 --> 00:24:07,560
time, but if people were looking
to learn more about you, you 

437
00:24:07,560 --> 00:24:11,240
know, learn a little bit more 
about you or even get in contact

438
00:24:11,240 --> 00:24:13,400
with you, where can they find 
you and get a hold of you? 

439
00:24:13,680 --> 00:24:17,280
Sure, couple different places. 
One they could go to the website

440
00:24:17,280 --> 00:24:20,880
of the firm that I work for it. 
The firm again is INL Anderson, 

441
00:24:20,880 --> 00:24:30,120
PC and the website is www.ia LAW
ny.com. 

442
00:24:30,400 --> 00:24:35,000
So that's IA Law, ny.com, or 
they can reach out to us by 

443
00:24:35,000 --> 00:24:43,280
phone and that's 518-371-8888. 
Great. 

444
00:24:43,480 --> 00:24:45,560
Awesome. 
And thanks again, Dan. 

445
00:24:47,080 --> 00:24:50,040
But yeah, to everybody else 
who's listening, thank you. 

446
00:24:50,400 --> 00:24:52,320
I really enjoyed this 
conversation, Dan. 

447
00:24:52,320 --> 00:24:55,760
I know, I know there's people 
out there just like me, you 

448
00:24:55,760 --> 00:24:58,000
know, getting ready to buy their
first home. 

449
00:24:58,000 --> 00:25:01,200
So this was very informational. 
So thank you. 

450
00:25:02,480 --> 00:25:04,280
And. 
Thanks again man for having me, 

451
00:25:04,280 --> 00:25:06,120
I appreciate it. 
Yeah, thank you. 

452
00:25:06,800 --> 00:25:09,760
And yeah, just thanks to 
everybody else listening. 

453
00:25:09,920 --> 00:25:12,600
You can find us at buying local 
dot US. 

454
00:25:12,840 --> 00:25:16,440
We're we're going to be on 
Spotify, Apple Rumble and 

455
00:25:16,440 --> 00:25:19,760
YouTube. 
And yeah, thanks for listening 

456
00:25:20,040 --> 00:25:23,680
and we'll we'll hear from us 
next week. 

457
00:25:23,880 --> 00:25:25,640
Thank you. 
And and when you're ready, I'll 

458
00:25:25,720 --> 00:25:26,200
be ready.