Thursday, September 27, 2007

How to Avoid Foreclosure in Ludlow VT

If you have a mortgage on your Ludlow VT home, you have probably been paying close attention to the latest interest rates and are aware of the ongoing rise in the foreclosure rate across America.

What would you do if you were actually faced with the prospect of foreclosure? Would you have the information needed to make an informed decision on your financial future? Many homeowners think it can or will not happen to them, so they do not take the time to learn what the options are on the best way to move forward in a stressful situation such as foreclosure.

This article from outlines the terms associated with foreclosure and gives a good starting point with steps to take if you think you may soon be unable to pay your mortgage. Some of the topics covered in this helpful article:
- What to do if you can not pay your mortgage
- What if you can no longer afford to keep your home
- Beware of scam artists

I would like to add to the list of steps to take when facing foreclosure – contact an experienced Realtor! Along with a reputable lender, an experienced Realtor can help explain your options and guide you through the choice that is best for you.

For more information about Ludlow VT real estate, please call me today at 802-353-1983 or visit, I would be happy to help you. You may also begin searching the MLS

Friday, September 21, 2007

How to Write Off Your Move to Ludlow, VT

Many home buyers are not aware of the fact that most moving expenses for a job-related move are tax deductible. If you want the savings, however, it is extremely important to keep detailed records of all moving expenses, including house-hunting trips, if your move is job-related.

If you are moving more than 35 miles from your current home, you can deduct all kinds of moving expenses, including but not limited to: your family’s travel expenses, including meals and lodging; the cost of transporting furniture, other household goods, and personal belongings; food and hotel bills for up to 30 days in the new city if you have to wait to move into your new home; and the costs associated with selling your old home or leasing your new home.

The IRS’s Publication 521, “Tax Information on Moving Expenses,” provides all of the details on deducting items related to your move, including limits to how much you may deduct. You can download the publication using the link above, or pick it up for free at any IRS office!

Thinking about moving to Ludlow, VT? Start by searching the MLS here, or call me at 802-353-1983 for all of your Ludlow VT real estate needs!

Thursday, September 13, 2007

What Is Your Ludlow VT Home Built On?

Many of us may just think of it as the dirt and grass that our home is sitting on, but the makeup and quality of the soil upon which your home is built is extremely complex and varies from area to area. Investigating the soil on your property can tell you a great deal about the history and future of not only your home, but also about the land you have invested in.

But wait – does this mean we need to put on our ecologist hats and go digging in our yard with test tubes and Petri dishes? Of course not! The nice folks at the US Department of Agriculture’s have already done the “dirty” work for us and put together an extremely comprehensive
Web Soil Survey website that contains digital maps and unbelievable amounts of digital soil data that has been methodically collected. Just type in your address and then explore almost anything you ever wanted to know about the soil upon which your home is sitting including chemical properties, erosion factors and likelihood, and its drainage class.

This is valuable information if you are considering building an addition to your existing home or just want to feel confident that the soil upon which your family treads every day is safe.

click here to request a complimentary e-book filled with information about selling your home and moving with kids and/or pets. Or feel free to visit my website or email me if you would like to learn more about Okemo Mountain VT real estate. I’m here to help!

Thursday, September 06, 2007

How To Finance Your Okemo Mountain VT Vacation Home

Today’s mortgage market is uncertain, to say the least. Because of this, many investors and second-home buyers are jumping to the conclusion that paying cash is always the best way to finance their investment home.

Paying cash certainly eliminates the risk that comes with rising interest rates and the growing rate of foreclosure. But does it limit the tax benefits of homeownership? And can you really afford to have that much money invested in one asset?

This is the question that was recently posed to columnist June Fletcher in the
Real Estate Journal. Read her response and remember that an experienced Realtor is your best resource to help you find a lender who will give you sound, unbiased advice on the best way to finance the purchase of your dream home.

click here to begin searching the Ludlow VT MLS. You may also visit my website or email me to learn more about Okemo Mountain real estate. I would love to help you invest in your dream vacation home!