- Still record low interest rates. Rates are still hovering in the mid 4's, which are phenominal!
- A very nice housing stock in northern Vermont. Sellers are prepping their homes how they need to- making those improvements that have been needed, keeping their homes clean and lawns kept, and eliminating clutter whenever possible. Our clients LIKE WHAT THEY SEE when visiting most homes, which is sure to generate more offers!
- Sellers and Buyers are willing to COMPROMISE. We've worked on a few deals this Spring where both the buyer and the seller were willing to give something up, in order to get the deal done. The great deal is where everyone wins, and everyone is happy around the closing table. We're seeing this more and more- keep up the good work buyers and sellers!
News & Events
We get this question quite a bit. Especially from Vermont 1st Time Homebuyers, or buyers moving to Vermont from another State. Today, we'll take some time to dive into what you should expect to pay at closing when buying a home in Vermont. In Vermont, the buyer of real estate pays the "Vermont Property Transfer Tax." (This differs from State to State, so there is the possibility you may sell a home in one state, pay your tax, and then pay a tax when you buy in Vermont!) If the buyer is going to have the residence as their primary residence, the tax is calculated as follows:
- .5% of the first $100,000, then 1.25% for that portion of the sales price over $100,000.
- a transfer directly to a creditor to secure a debt.
- tansfers to a corporation
- transfer without payment to a spouse, child, or grandparent
- Steps for the 1st Time Homebuyer
- Buying New Construction
- Prepping your home for a quick and profitable sale
- Buying Green Construction
- Tipsfor Buying a Condo in Vermont
- Is it a good time to buy a home in Vermont?
- Much More!