Freedeom Isn't Free

No, Freedom Isn't Free
By CDR Kelly Strong, USCG (Ret).

I watched the flag pass by one day.

It fluttered in the breeze.

A young Marine saluted it,

And then he stood at ease.

I looked at him in uniform

So young, so tall, so proud,

With hair cut square and eyes alert

He'd stand out in any crowd.

I thought how many men like him

Had fallen through the years.

How many died on foreign soil?

How many mothers' tears?

How many pilots' planes shot down?

How many died at sea?

How many foxholes were soldiers' graves?

No, freedom isn't free.

I heard the sound of taps one night,

When everything was still

I listened to the bugler play

And felt a sudden chill.

I wondered just how many times

That taps had meant "Amen,

"When a flag had draped a coffin

Of a brother or a friend.

I thought of all the children,

Of the mothers and the wives,

Of fathers, sons and husbands

With interrupted lives.

I thought about a graveyard

At the bottom of the sea

Of unmarked graves in Arlington.

No, freedom isn't free.

60 Minutes Attack On Realtors

I have always enjoyed 60 Minutes and thought they provided fair and unbiased reporting. But that changed Sunday night with Leslie Stahl's segment, Chipping Away At Realtors Six Percent.

The report focused on an Internet based company, Redfin, whose business model is based on rebating commissions to buyers. The company uses the very commissions Redfin criticizes Realtors for collecting to its advantage. From what I could tell, without these commissions Redfin has nothing to offer the consumer.

Much of the information presented in the segment was incorrect and the National Association of Realtors was not interviewed to give another viewpoint, even though they offered more than once.

NAR's response to 60 Minutes can be read here.

Energy Efficient Homes

As we become more aware of how fragile our environment is, we are becoming more concerned with improving the efficiency of our homes. One way to do this is to conduct a Home Energy Audit to determine how and where we can save.

If you are considering building a new Vermont home, you might want to consider working with a builder who uses Energy Star products. They use less energy, save money, and help protect the environment.

Give me a call at 800-659-1819 #103, if you want more information concerning building a Vermont home. I am glad to put my experience and expertise to work for you.

Irene Gaffigan Earns Quality Service Certification (QSC)

For the first time a standard of service and accountability is being offered to consumers in the area of the quality of real estate service delivery. Irene Gaffigan of United Country Farm Town Realty, Proctorsville office, has just completed the requirements to earn Quality Service Certified® professional recognition. Holding the Quality Service Certification® requires a sales agent to follow a well-defined and prescribed process of service, to present that process in writing to every customer and client, and to guarantee its delivery.

According to Larry D. Romito, President, CEO of Quality Service Certification, Inc., “ Irene Gaffigan has joined a growing number of real estate professionals nationwide who are committing to the delivery of a defined service process and a higher standard of accountability in service delivery and customer satisfaction. This is an industry breakthrough in the establishment of a measurable standard of care and service.” An integral part of the sales agent’s ability to maintain Quality Service Certified® status, rests with service evaluation feedback from every buyer and seller served. Following the closing of each home purchase or home sale, an independent research company sends the consumer a Quality Service Assurance Survey? asking tough questions about the details and overall satisfaction of service provided by the sales agent and broker.

“Sales associates and brokers are highly motivated to protect their Quality Service Certified® status by delivering better service satisfaction, more service value and higher accountability. The Quality Service Certified® total service system offers a predictable, accountable, reliable, and consistent service outcome.” Romito added, “The era of real estate service ‘improv’ is coming to a close. The purchase or sale of what for most of us is our most valuable asset deserves the serious attention and accountability of a defined, written and communicated service process with measurable standards and that’s exactly what a Quality Service Certified® professional must deliver.”

Quality Service Certification, Inc. of San Juan Capistrano, California is the leading firm in service process delivery and measurable quality control in the real estate industry. Company spokesperson can be contacted at (949) 481-4438 or http://www.qualitycertified.org/.

How To Sell Your Vermont Home Fast!

The number of Vermont homes for sale has increased dramatically in the last year, causing homes to stay on the market for longer periods of time. If you are selling a home and want it to sell FAST, you'll be interested in my FREE e-Book, '450 Ideas To Sell Your Home Faster'. Here you will learn tips and tricks to make your home sell faster and for more money.

Get your copy today and give me, Irene Gaffigan, a call at 800-659-1819 #103 with any questions you might have or to get a current market valuation on your Vermont home.

Second Home Tax Rules

Vermont has seen an influx of second home buyers in the past few years. Here are some second-home tax rules to keep in mind.

Mortgage interest.
The mortgage interest you pay on your second home is tax deductible just as the interest on the mortgage on your first home is.

You can write off 100% of the interest you pay on up to $1 million of debt secured by your first and second homes and used to acquire or improve the properties. (That's a total of $1 million of debt, not $1 million on each home.)

However, if you rent your second home for more than 14 days a year different rules apply. See below.

Property taxes.
You can deduct property taxes on your second home, too. In fact, you can deduct property taxes paid on any number of homes you own.

Renting.
If you rent your second home out for 14 or fewer days during the year, you can pocket the cash tax-free. The house is considered a personal residence, so you deduct mortgage interest and property taxes just as you do for your principal home.

If you rent for more than 14 days, though, and you must report all rental income. You also get to deduct rental expenses, and that gets complicated because you need to allocate costs between the time the property is used for personal purposes and the time it is rented. Taxes are based on the amount of time the house is rented and it is a good idea to talk with your accountant concerning details.

Tax-free profit.
You are allowed to take up to $500,000 of profit tax free when selling your principal residence. However if you make your second home your principal residence, you can extend this deduction.

Some retirees, for example, are selling the big family home and moving full time into what had been their vacation home. Once you live in that home for two years, up to $500,000 of profit can be tax free. (Any profit attributable to depreciation while you rented the place, though, would be taxable. Depreciation reduces your tax basis in the property and therefore increase profit dollar for dollar.)

Are you thinking of buying a second home in Vermont? Visit my website to view all Vermont real estate or give me a call at800-659-1819 #103. I'm glad to help you find your Vermont vacation home!

Vermont Interest Rates Decline

Freddie Mac has released the results of its Primary Mortgage Market Survey®. Rates have decline for the first time in six weeks due to signs of moderating inflation.

The rate for a 30-year fixed-rate mortgage averaged 6.17 percent, down from last week when it averaged 6.22 percent. Last year at this time, the 30-year averaged 6.53 percent.

This is great news for Ludlow home buyers. Historically rates inch up during the spring buying season. Now is when the most homes are available for sale and to have rates low is having your cake and eating it too.

Thinking of buying Ludlow real estate? Visit my website to view all Vermont real estate listings or give me a call at 800-659-1819 #103.

Saving The Down Payment For Your Vermont Home

Foreclosures are on the rise. Lenders are tightening their belts and their lending practices. No money down loan programs are becoming harder to find, which means Vermont home buyers need to have money available for a down payment. Here are some tips on how to come up with the down payment.

1. Ask for help.
Ask relatives if they would be willing to contribute to your down payment or give you a no interest loan with no repayment time frame.

2. Borrow from your life insurance.
If your life insurance has built up value, you can borrow against it. this does not count as a debt because you are borrowing from yourself.

3. Borrow from your IRA.
First-time home buyers can take $10,000 for an IRA to put toward a home purchase, penalty free.

4. Increase your income.
Get a second job and stash or do free lance work.

5. Change your withholding taxes.
This will give you more take-home pay, which you can start saving!

6. Consider government backed loans.
VA and FHA loans require lower down payments and there are many state loan programs available.

For more information on how to save your down payment and the Vermont home buying process, visit my website or give me a call at 800-659-1819 #103 for more personal service.

Pending Home Sales Index Declines

The National Association of Realtors reports the Pending Home Sales Index, which is based on contracts signed in February is at 109.3, down 8.5 percent from February 2006. David Lereah, the chief economist for NAR, attributese this decline to unusually bad weather in February and the problems in the subprime market. Read the full story...

For updates on Ludlow real estate market, visit my website or give me a call at 800-659-1819 #103.

Tax Deduction For Prepaid Interest

Tax Day is only a couple of weeks away. Don't forget to claim the deduction for the mortgage interest you paid at closing when you bought your home.

All mortgage interest is tax deductible. You should have received a year-end statement from your lender showing how much interest you paid for 2006. However, this statement does not include the interest paid at closing. You will need to pull out your settlement statement or HUD-1 to determine how much interest was paid at closing. This amount can then be added to the number on your lender's statement. If in doubt, provide your HUD-1 to your accountant or tax preparer.

For information about buying a home in the Ludlow, VT area, visit my website or give me a call at 800-659-1819 #103.

Ludlow Home Buyers Can Now Finance Repairs

Vermont Housing Finance Agency (VHFA) has made it easier for home buyers purchasing a rehab to borrow the money for needed repairs.

For mortgage loans that close on or after Feb. 1, 2007, VHFA will now allow the total cost of repairs to be included in the mortgage loan as long as those costs do not exceed the lesser of $25,000 or 25 percent of the purchase price which must include a 10 percent contingency. For loans that meet specific requirements, VHFA will purchase loans from lenders with an outstanding escrow for those repairs.

Eligible repair items include: items to complete the property, increase living space, construct a garage (maximum two-car), correct structural issues, bring property up to building codes or standards, correct or add needed safety features, repair or modernize mechanical and/or plumbing systems or fixtures and to repair or improve internal or external surfaces.

Contact me for more information on this program at 800-659-1819 #103

Time for a Vacation Home?

Pros and Cons of a Second Home
Buying a second home is a big step and likely your second most valuable investment. Never rush into a second home purchase. You need to consider it over time. Determine how much use your vacation home will get and how it can fit into your finances.
Don’t forget to double everything. Buying a vacation home means that you will not only have two mortgages, but two property tax bills, water bills, fuel bills etc. Two homes mean more maintenance, including two plumbing and heating systems, septic systems, and roofs. And if something breaks down in your second home, chances are you may not be there to see it. For some, this is just too stressful.
At the same time, owning a second home can be very rewarding. It can be the source of relaxation: a time to get closer to your family, a place to be a kid again, and a place to meet new friends. It can even be a place to retire.
Lastly, owning your own home is not like renting. You get to leave your stuff there to truly make it yours. You can make impromptu escapes, leaving the stress behind. And your children and grandchildren will feel more comfortable in a place they have learned to call home.
If you’re thinking about buying a vacation home, you’re not alone. The rate of second homeownership has jumped, as large numbers of Baby Boomers move into their prime wage-earning years. It is estimated that 6-10 percent of homes in the United States are second homes. That number is much higher in desirable vacation communities.
According to the U.S. Census Bureau, 32 percent of homes on Cape Cod are seasonal and prices have increased by more than 60 percent since 2000. Seasonal homes represent an even higher percentage on Cape May – 48 percent – and prices have increased by more than 70 percent since 2000, dwarfing the national average, which increased by about 32 percent.
The trend of second home ownership shows no signs of slowing. People in their 40s, 50s, 60s, and beyond are much more active than their parents. They’re seeking outlets for fun, and with two wage-earners at home who have more disposable income than ever, the trend of second home ownership will continue.
If you’re considering a second home purchase, where do you start?
► Location. Consider your personal tastes, interests, and hobbies when you’re choosing a second home. For example, if you’re the type of person who thinks anything over a two-hour ride is long, you’ll have a fairly small geographic area in which to conduct your search. If you plan to use your second home for a couple of vacations every year and long holiday weekends, then you can extend your search to a larger radius. Many second homeowners purchase properties in their favorite vacation spots because they already enjoy the area and want to spend more time there.
► How much are you willing to spend?
Prices can vary greatly. Up and coming communities are less expensive than established vacation hotspots which have seen explosive appreciation. Prices in these popular areas range from a home on the beach worth $1 million to the same-sized home a mile down the road worth half that price. Check current mortgage rates to get an idea of what your monthly payment might be. Don’t shy from jumping in the car and spending weekends looking for different vacation homes.
► Get more specific on your location.
Is your dream vacation home near the lake or on the lake? Do you want to water ski on that lake? Or do you seek a quieter spot to kayak or fish? Or is the lake in the mountains so you can combine winter and summer sports? Is it in an area that is a plane ride away, but one in which you hope to retire? This part of the process will take some time, but you can easily find the prices of second homes in your desired area without leaving your computer.
► Think about what it should look like.
Is your dream vacation home a rustic cottage near the ocean? Or is it a condominium on a golf course? Perhaps it’s a ski chalet in the woods. You also need to determine how big it should be. Is it just for your immediate family or would you like to invite your extended family and friends?
► Find a great real estate agent.
This step is absolutely critical. A terrific real estate agent can not only find you a great home, but find one in a town with moderate property taxes and fun neighborhoods for your children. They can help you with the finerpoints of owning a second home – everything from obtaining beach stickers to trash removal to finding someone to watch your second home when you’re away. And if you rent out your second home, the agent can help you determine the rental price. When you are ready visit: http://isellvermontrealestate.com
► Take your time.
It’s tough to look for a second home, even with the Internet simplifying the process. A growing number of real estate agents make both interior and exterior photos available online to narrow your search without driving back and forth. Remember - rushing into a second home purchase can be a mistake. A trailer on the lake might look good today, but thinking about your long-term goals could lead you to a cottage down the street from a lake, just a mile from the ocean. Look at a second home in the same way as your primary home. The most costly home repair projects are:
Kitchens
Bathrooms
Heating systems
Roofs
That doesn’t mean that you shouldn’t purchase a second home with an outdated kitchen. Just understand that if you can’t tolerate the current kitchen, it could cost you $10,000 to $40,000 to update. Unlike your primary home, you’ll have the additional challenge of managing a renovation project long distance with a quality contractor you can trust.
Buy a second home that suits your personality and needs. If you don’t like working on your primary residence or dealing with contractors, look for a home that needs little work. At the same time, buying the smallest second home in the best neighborhood you can afford means your investment may appreciate at a higher rate.
While rentals in your chosen area may be strong today, make sure you can afford the mortgage without any rental income when budgeting for your purchase. There are many facets of second home ownership that are out of your direct control – everything from a gasoline shortage to a hurricane.
Taking the time to choose wisely means monitoring events in your desired vacation community. Learn how long homes have been on the market to get an idea of how much room you have in negotiation. Learning the overall direction of housing values in your region also helps you make educated buying decisions.

Okemo Luck Of The Irish

Okemo Mountain is experiencing the 'Luck Of the Irish' this St. Patrick's Day weekend with new snow falling. Visit their website for some amazing spring deals.

For amazing real estate deals in Okemo and Ludlow, visit ISellVermontRealEstate.com. You'll be glad you did!

VT To Address Housing Affordability

67 percent of Vermont residents cannot afford to buy the average priced home in Vermont according to a reort released by the Vermont Housing Council and the Vermont Housing Awareness Campaign along with several other agencies and groups.

The average price of a home has risen 97 percent since 1996 to $197,000. An income of $66,000 is needed to purchase a home at this price, which is out of reach for 33 percent of Vermont residents. Home prices rose only 8 percent last year, but have risen 97 percent since 1996.

Additionally, the report reveals the cost of new housing has increased by 15 percent to $282,000, meaning that a Vermont family would need an annual income of $93,000 to afford to build a new home.

The Governor and the Legislature are both promising to address the rising cost of housing with several bills being introduced to bring relief to the affordability crisis. Let's hope this not not too little too late. Read the full story here.

If you are thinking of buying home, visit my website to view all Ludlow real estate listings or give me a call, 800-659-1819 #103. I have a network of lenders that can help you buy the Vermont home of your dreams.

Interest Rates Drop Again

The results of FreddieMac.com's Primary Mortgage Market Survey show a lowering of interest rates for the second week in a row. The average rate for a 30-year fixed-rate mortgage was 6.18% last week, down from the previous week's 6.24%.

"Mortgage rates drifted lower this week largely on the basis of new economic information suggesting a slower economy and lower inflation," said Frank Nothaft, Freddie Mac vice president and chief economist.

This drop in rates reinforces last week's post that it is an excellent time to buy Ludlow real estate. Are you in the market to buy a home? Visit my website to view all Ludlow real estate listings. Or for more personalized service, give me a call, 800-659-1819 #103.

To Buy Or Not To Buy?

In a slowing real estate market, buyers often ask is it better to buy now with low interest rates or is it better to wait and see if prices will drop. If I had a crystal ball and could tell you this, I would probably be retired on a tropical island somewhere, but I can give you a couple of insights.

Interest rates have been hovering around 6.5 percent for over a year and there are no indications that this will change any time soon. The minor fluctuations in rates we have been seeing don't really effect your payment much.

Say you have a loan for $100,000. At 6.5 percent the payment on a 30-year fixed rate loan is $650. If the interest rate drops by 0.5 percent it only brings your monthly payment down $5.00. You would have to see a dramatic drop (or increase) in rates for it too effect your pocket book.

Will housing prices drop? The National Association of Realtors is predicting a rising market throughout 2007. Also, it is almost March and spring is the busiest time of year in real estate. Historically, prices increase in the spring which means gambling on a drop in prices may not be a great gamble.

Confused? Give me a call at 800-659-1819 #103. I am glad to discuss this with you further. Or visit my website. Here you can view all Ludlow, VT homes for sale.

Housing Starts Plunge But Rise In Northeast

The Commerce Department reports housing starts plunged 14.3% in January to the lowest point in ten years. This unexpected decrease off-set the gains of the previous two months.

Regionally, housing starts in January decreased by 28.5% in the West, 15.2% in the Midwest, and 11.8% in the South. Starts rose 8.9% in the Northeast.

Interested in Ludlow Vermont real estate? Contact me, 800-659-1819 #103 or visit my website to view homes for sale.

Number Of Vacant Homes Surges

MarketWatch.com has reported the number of vacant homes increased dramatically at the end of 2006 compared to the end of 2005, up 34 percent. This is an indication that housing starts need to slow even more than they ahe already.

Most of these vacant homes are new construction, but the number of vacant resale homes is up also. If a home is for sale due to a job transfer, many owners will leave it vacant if it hasn't sold, rather than have the family separated for an extended period of time.

Vacant homes don't show as well as occupied homes do. It is harder for the buyer to visualize howfurniture will fit in a room if that room is empty. Furniture in the room allows easier spacial relationships.

If you are moving becasue of a job transfer and would like to talk about how to get your home sold in the shortest period of time and not leave it vacant, give me a call, 802-226-8022. Or visit my website to learn more about Ludlow Vt real estate.

FEDs Leave Rates Alone

The Federal Reserve Board announced this week that it would keep the the federal funds rate at 5-1/4 percent.

What does this mean for Ludlow home buyers? Mortgage interest rates should remain stable. There was a slight increase in rates in anticipation of the FED announcement, but that slight increase should settle back down again.

If you are in the market to purchase Ludlow real estate and are wondering how much home you can buy at the current interest rates, give me a call. I am glad to talk with you!

Buyers Have More Buying Power

Home buyers acquired more buying power with the recent changes in 100 percent loan guidelines.

The guidelines for 80/20 and 75/25 Conforming Fixed-Rate loans now allow seller contributions up to 6 percent of the sales price or appraised value, whichever is less. Previous guidelines allowed only 3 percent contributions.

Now it’s easier to purchase the new home you deserve! Are you thinking of buying an Okemo Mountain home? Visit my website to view all real estate listings.

Tips For A Quick Sale This Winter

Selling a home in winter can have its pluses and minuses. On the plus side, there is less competition. On the minus side, days are shorter, the weather doesn't always cooperate and flowers aren't in bloom.

BankRate.com has some excellent tips to help speed up a winter sale:

1. Keep walkways and driveways clear of snow and ice. You may not have to mow the lawn or trim the shrubs, but in the winter, consider this duty your "yard work."

2. Present a warm and cozy home. Make sure the temperature is comfortable and not too cool for visitors coming in from the outside. Turn on gas fireplaces if you have them.

3. Show during "high-daylight" hours and make your home as light as possible. Clean blinds and curtains and keep them open during daytime showings. Put the highest wattage bulbs in amps and fixtures, and turn the lights on when you show. And wash your windows -- even a little bit of grime gives the impression that the home isn't well cared for.

4. Set the mood with a little soft background music and some pleasant smells. Light a few candles that give off a nice scent, such as vanilla. Just don't overdo it -- you don't want people to think you're trying to mask a bad smell.

5. Ask prospective buyers to remove their shoes or slip on paper booties over them. Doing so shows buyers that you are proud of your home and take meticulous care of it.

6. Emphasize the features of your home that make it a good place to live in the winter. If your roads are regularly plowed and de-iced, be sure to make it known.

For more information about selling Ludlow, VT real estate and Okemo Mountain real estate, visit my website. You'll be glad you did!

Vermont Ranks High In Education Survey

BurlingtonFreePress.com reports that Vermont public schools have ranked #3 in academic achievement behind # 2 New Jersey and #1 Massachusetts. this Ranking is a result of the Education Week Quality Counts survey.

Vermont ranked ninth among states on a chance-for-success index measuring demographic, economic and education attainment indicators. Virginia was No. 1 on the success meter and New Mexico was last.

The quality of education in Vermont makes it a great place to live. Are you thinking of buying a home in Ludlow, VT? Real estate here is affordable and offers an excellent quality of life. Visit my website to view all homes for sale in Ludlow and Okemo Mountain. Then, give me a call. I'm here to help!


Tags: burlington free press, education week quality count survey, ludlow vt real estate, ludlow vt home for sale, vermont public schools

Consumer Confidence Skyrockets

Consumer Confidence Index skyrocketed in December, increasing from 105.3 in November to 109.0 in December which could be an indication that the national housing slump may have ended. Full story...


Tags: consumer confidence, ludlow real estate, irene gaffigan

FreddieMac.com Reports Higher Mortgage Rates

Mortgage Rates inched higher this week according to FreddieMac.com's weekly Primary Market Mortgage Survey. The average rate for a 30-year fixed-rate mortgage is 6.18 percent compared to last week's 6.13 percent.

Rates were effected by increased consumer spending in November along with a increased new home sales causing concern over inflation. Read the full story...

BankRate.com 2007 Mortgage Tips

BankRate.com recommends 7 smart moves in 2007 for those with a mortgage or thinking about getting one.

If you would like to talk with a reputable lender about how much of a home you quailify for, please contact me. I am glad to put you in touch with a person who will provide you with excellent service and products. Also, visit my website for Ludlow, VT real estate.

Tags: bankrate.com, mortgage tips for 2007, ludlow vt real estate, irene gaffigan

Mortgage Insurance Becomes Tax Deductible

Mortgage insurance will become tax deductible in 2007 thanks to last minute passing of a law by the 109th Congress. Mortgage insurance is charged to borrowers who have less than a 20 percent down payment for govenment and private mortgages. The new law will allow mortgage insurance premiums to be treated like mortgage interest on tax returns saving Americans a considerable amount of money each year. Full story...

If youo are thinking of buying a home in Vermont or would like more information on how this new law effects your buying powewr, visit my website or give me a call. I'm here to help!

Tags: mortgage insurance, mortgage insurance tax deduction, ludlow vermont real estate, irene gaffigan

Home Renovations Less Profitable In 2006

A few years ago when the real estate market was booming and inventory was low, many homeowners decided to renovate their current home rather than sell and buy something larger that better suited their needs.

The National Association of Realtors has reported that the cost of renovations climbed in 2006, while the resale value of those renovations declined. Last year, for example, adding a master bedroom suite to a house cost an average of $75,959 nationwide and boosted the home's resale value by $64,419 - that's 84.8 percent of the cost recouped. The same job this year cost a lot more - $94,331 - and returned just $68,458, or 72.6 percent.

With the current leveling off of the real estate market, it may be time to rethink a remodel project vs buying a new home. Home sales have slowed causing inventory to increase and making it easier for buyers to negotiate contingency contracts. It used to be, a seller wouldn't think twice if you needed to sell a house prior to purchasing. But these days, sellers are thinking long and hard about working with a buyer who is also selling a home.

If you are considering a remodel vs buying, give me a call. I am glad to discuss your options with you so you can make the best decision for you and your family. Also, visit my website to view all Ludlow real estate listings.

Tags: ludlow vt real estate, irene gaffigan, home renovations costs,cost vs value

Interest Rates Decline For Fifth Consecutive Week

FreddieMac.com reports long term interest rates declined this week for the fifth consecutive week. The average rate on a 30-year fixed rate mortgage is 6.14 percent for the week ending Nov. 30. Down from 6.18 percent last week.

Rates like this make buying a new home for Christmas a great idea. Visit ISellVermontRealEstate to view all Ludlow and Okemo Mountain homes for sale.

Tags: ludlow vt real estate, okemo mountain, irene gaffigan

Holidays Kick Off In Chester

Overture to Christmas in 21st Year

Just as an orchestra warms up an audience with a taste of the music to come, so does the town of Chester with its annual "Overture to Christmas."Now in its 21st year, the event has grown to accommodate a number of holiday-themed events taking place locally. Details...

And if you are thinking you want to make Chester your new home, give me a call or visit my website. Here you can view all homes for sale, get current market values and more.

Tags: chester vt real estate, irene gaffigan

Hopes Are High For Snow!!

Mild weather is delaying opening of ski areas. The lack of snow coupled with rain and warmer-than-normal temperatures have forced even the largest ski areas in the state to delay their scheduled openings. There is a lot of cold air in Canada however it has not been able to push down here yet. Experts are watching the weather very closely in hopes of opening Thanksgiving weekend. Details

Thinking of buying or selling a vacation home in Vermont? Visit my website to view all real estate listings, get the current value of your home and more!

Tags: okemo mountain, ludlow vermont real estate, irene gaffigan

Should You Try to Sell Your Home During the Holiday Season?

A common misconception is that trying to sell a home during the holidays is a bad idea. If you are serious about selling, it can be an excellent time to list. During the holidays buyers are more serious. They have a different motivation like using vacation time to search for property. They're doing that because they have to buy, rather than want to buy. Remember Thanksgiving and Christmas is one day a piece not two months.

10 reasons why you should list your home during the holidays

1. Most November and December buyers are particularly serious and very likely facing some sort of deadline.
2. January is the biggest transfer month of the year and job transferee’s use the holidays to house hunt.
3. Many people want to buy before the end of the year for financial and tax reasons. Investors usually want to close escrow by year-end for tax purposes.
4. Most sellers wait until spring or summer to list their home. This means that during the winter months your property will have far less competition versus any other time of the year.
5. Homes show well when decorated for the holidays creating a sense of family and people are much more emotionally drawn to the house, emotion sells.
6. Many people take vacation around the holidays allowing more time to look for a home.
7. Remodeling, decorating, appliance installation and other services are more available and at less of a premium.
8. There is plenty of mortgage money available for buyers.
9. Lenders aren't as busy and can process loans faster.
10. Showings will be fewer and less intrusive, but more likely to be fruitful with motivated, qualified buyers.

Visit my website if you are thinking of selling your home.

Tags: ludlow vermont real estate, okemo real estate, irene gaffigan

Cavendish Real Estate For Sale

Cabin in the Woods

231 Lindberg Dr, Cavendish, VT

Small but in move-in condition...and room to expand, as this secluded one bedroom cabin sits on 2 wooded acres and is surrounded by 197 acres and which is part of the Vermont Land Trust.

There is a full basement with a partially finished room. A laundry room on main level big enough for small office. Also included are two out buildings...barn 48x22 with full loft storage and a 33x31 storage building.

Only 15 minutes to Okemo Mountain and close to the Black River.

Cavendish is located in the Okemo Valley and is made up of two villages, Cavendish and Proctorsville. Cavendish was created by New Hampshire Governor Benning Wentworth when he granted the land of Cavendish to sixty-six proprietors in 1761.

Cavendish population is approximately 1,500 and is a mix of residential and vacation home owners. It is the perfect spot for your "cabin in the woods." Contact Irene Gaffigan, 802-226-8022, for more information on this home. Or visit my website to view this home and all Vermont listings.

Tags: 231 lindberg, cavendish real estate, okemo mountain, ludlow vt real estate, irene gaffigan, united country farm town realty

Build Your Vacation Home At Lake Pauline

Ski, snowshoe and ice skate in the winter. Canoe, fish and swim in the summer. This is one of the last lots with water rights to Lake Pauline. Located in the town of Ludlow, VT and only 5 minutes from Okemo Mountian, it is the perfect place for winter or summer recreation. And don't forget the gorgeous fall color! Build one for you and rent the other to pay the mortgage!

State permit and septic design is approved for a duplex with 3 bedrooms each, plus a hot-tub.

Just under an acre of wooded seclusion. A place to enjoy nature at it's best and the opportunity to own Vermont real estate! For more information visit, ISellVermontRealEstate.com.

Tags: vermont real estate, Ludlow real estate,okemo mountain

Land Rover Tax Advantages

Small business owners can take advantage of accelerated tax depreciation benefits just by purchasing a new Land Rover before December 31, 2006. See your tax advisor to determine if you are eligible for this benefit. Visit landroverusa.com/taxbreak for details.

There are also tax advantages to owning Vermont real estate. The interest you pay on the mortgage for your personal residence is tax deductible. Are you thinking of buying central Vermont real estate? Visit ISellVermontRealEstate.com to view all Vermont real estate listings.

Tags:vermont real estate, central vermont real estate, central vermont real estate listings, irene gaffigan, land rover tax advantages

500 Real Estate Blogs To Watch

I'm going to take this opportunity to pat myself on the back! There are hundreds of thousands of real estate blogs out there in cyberspace...some good, some bad and some just plain ugly. This Blog one has been chosen for Pittsburgh Home Daily's 500 Real Estate Blogs To Watch.

It is an honor and a privilege to be on such a list!

And don't forget, visit my website and contact me when buying or selling a home in Okemo Vermont and the surrounding areas. On my website you can view all Vermont real estate listings, get the current market value of your home and more!


Tags: pittsburgh homes daily, 500 real estate blogs to watch, vermont real estate, okemo real estate, okemo homes for sale

Okemo Ranks In East Top Ten

SKI Magazine Ranks Okemo In East Top Ten


In it's annual Top 50 Reader Resort Survey, SKI magazine named Okemo Mountain Resort one of the top ten resorts in the East, and one of the best in North America for Grooming, Family Programs and Terrain Parks. Ranked eighth in the East, the popular southern Vermont resort also made the top-ten list in ten of the Reader Resort Survey’s categories: Grooming, Snow, Family Programs, Service, Lifts, Terrain Parks, Weather, Lodging, On-Mountain Food and Overall Satisfaction. Read more...

Thinking of buying or selling a vacation home near Okemo? Visit my website to view all Okemo real estate listings, get the current value of your home and more!

Tags: okemo ski resort, buy an okemo home, okemo real estate, vermont real estate, okemo home for sale, vermont home for sale

Risks Of Home Ownership

It is often said the American Dream is owning your own home. But, is it right for you? There are risks involved and understanding these will help you make a good decision for you and your family.

1. Increase in monthly housing expenses. Taxes and insurance costs related to your home are sure to increase overtime, but usually these increases are off set by tax advantages and a pride of ownership.

2. You are your own landlord. No more calling the landlord when something breaks down. Maintenance and upkeep are yours. but, youo can also decorate anyway you want!

3. You must sell to move. No picking up and moving with a 30 day notice. You must plan ahead and give enough lead time to get your home sold before relocating. However, you benefit from the equity buildup since you first purchased your home.

4. Property values can go down. Over the long term real estate appreciates, but markets are cyclical and in the short term there is a possibility for your home's value to go down. Take into consideration how long you will live in the home prior to deciding to buy a home.

If you would like to discuss if buying a home is the right decision for you, contact me. I'm glad to help. Also, visit my website to search all Vermont real estate listings.

Tags: risks of home ownership, vermont real estate listings

What The Fed Said - A Translation

If you are one of those people who keeps an eye on interest rates and the stock market, and listens intently to what happens on Wall Street and with Federal Reserve, you will appreciate the post on BankRate.com, What the Fed said: A Fed translation.

No need to learn Fedspeak, it has been translated for you!

Tags: bankrate.com, federal reserve, fedspeak, interest rates

Identity Theft

Identity theft is a serious crime impacting more than 10 million victims each year. Often, consumers first learn they are identity theft victims when they are in the process of buying or renting a home. The National Association of Realtors is working with the Federal Trade Commission to educate comsumers to minimize the risk of identity theft. This new initiative, Deter-Detect-Defend is focused on empowering consumers to protect themselves against identity and to minimize its impact.

‘Deter’ Tips to Share with Consumers
1. Shred financial documents and paperwork with personal information before you discard them.
2. Protect your Social Security number. Your Social Security number is the key to your identity and must be closely protected. Don't carry your Social Security card in your wallet or write your Social Security number on a check. Give it out only if absolutely necessary or ask to use another identifier.

3. Don't give out personal information on the phone, through the mail, or over the Internet unless you know who you are dealing with.

4. Never click on links sent in unsolicited emails; instead, type in a Web address you know. Use firewalls, anti-spyware, and anti-virus software to protect your home computer; keep them up-to-date. Visit OnGuardOnline.gov for more information.

5. Don't use an obvious password like your birth date, your mother's maiden name, or the last four digits of your Social Security number.

6. Keep your personal information in a secure place at home, especially if you have roommates, employ outside help, or are having work done in your house.

‘Detect’ tips to share with consumers
Be alert to signs that require immediate attention:

1. Mail or bills that do not arrive as expected

2. Unexpected credit cards or account statements

3. Denials of credit for no apparent reason

4. Calls or letters about purchases that were not made

Inspect:
1. Your credit report. This contains information about you, including what accounts you have and your bill paying history.

** The law requires the major nationwide consumer reporting companies—Equifax, Experian, and TransUnion—to give you a free copy of your credit report each year if you ask for it.

** Visit http://www.annualcreditreport.com/ or call 1-877-322-8228, a service created by these three companies, to order your free credit reports each year. You also can write: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281.2. Your financial statements. Review financial accounts and billing statements regularly, looking for charges you did not make.


‘Defend’ tips to share with consumers
1. Place a "Fraud Alert" on your credit reports. A fraud alert on your credit report tells creditors to follow certain procedures before they open any new accounts in your name or make changes to your existing accounts. Each of the three nationwide consumer reporting companies has a toll‑free number you can use to place an initial fraud alert. Only one call is necessary; the company you call will notify the other two. An initial fraud alert is active for 90 days. If you want to place an extended (seven-year) fraud alert, you must follow additional procedures.

** Equifax: 1-800-525-6285
** Experian: 1-888-EXPERIAN (397-3742)
** TransUnion: 1-800-680-7289

Placing a fraud alert entitles you to free copies of your credit reports. Look for inquiries from companies you haven’t contacted, accounts you didn’t open, and debts on your accounts that you can’t explain.

2. Close accounts. Close any accounts that have been tampered with or established fraudulently.

* Start by calling the security or fraud departments of each company where an account was opened or changed without your authorization. Follow up in writing and include copies of supporting documents.

* Use the "ID Theft Affidavit," available at ftc.gov/idtheft, to support your written statement.Get written verification that the disputed account has been closed and the fraudulent debts have been discharged.

* Keep copies of documents and records of your conversations about the theft.

3. File a police report. File a report with law enforcement officials – for example, state or local police. It will help you work with creditors who may request documentation that a crime has occurred.

4. Report the theft to the Federal Trade Commission. Your information helps law enforcement officials across the country with their investigations.

**Online: ftc.gov/idtheft
** By phone: 1-877-ID-THEFT (438-4338), or TTY,1-866-653-4261
** By mail: Identity Theft Clearinghouse Federal Trade Commission 600 Pennsylvania Ave, NW Washington, DC 20580

Tags: identity theft, national association of realtors, federal trade commission, deter-detect-defend,annual credit report

What Is Earnest Money?

In medieval days, a father would send an entire herd of cattle as a not-too-subtle hint that his daughter be married into a certain family. Nowadays, when you've decided a particular home is "the one" for you, you can, thankfully, leave the cattle at home. You are asked, however, to deposit a small percentage of the sales price of the home you want to purchase--it's called "earnest money.

"Your earnest money is a good faith deposit that accompanies your offer. It is usually a personal check, but a short-term promissory note is sometimes acceptable. A sizeable earnest money deposit indicates financial strength and assures the seller of your commitment to purchase the property.

Once your offer is accepted, your earnest money check is cashed and deposited with the title company, attorney or with the listing broker. Your funds are held in a separate trust account reserved only for earnest money deposits. In most cases, everything proceeds smoothly to the closing day when the total amount of your earnest money is credited to you as a portion of your down payment.

Your earnest money is totally refundable if the offer is not accepted or if some condition in the contract is not satisfied. For example, your earnest money is refundable if financing is not approved with the terms specified in the contract.

If you're thinking of buying a home in Vermont, give me a call or visit my website., were you can view all real estate listings, get the current market value of your home and more. It would be a pleasure to assist you in finding "the one" that you'd like to call "home." My knowledge of today's real estate market will aid you in making wise decisions in every step of your transaction.

Tags: earnest money, vermont real estate, vermont market values

Vermont State Fair Opens

161st Vermont State Fair To Open Today

The 161st annual Vermont State Fair opens today and runs through September 10.

Fair Trivia

1. The first Rutland Fair took place in 1846.

2. In 1859 the first Rutland Fair was held at it's present location.

3. The Fair was closed for the first time in 1917 due to an influenza epidemic.

4. The Fair started as a one day event.

5. In 1926 the Rutland fair was rated the third largest in New England and among the top 10 in the nation.

6. On June 17, 1939 the great fire completely destroyed the grandstand. The reconstruction of the grandstand took just 40 days.

7. In 1972 The Rutland Fair became officially the Vermont State Fair.

The Fair today offers 10 days of fun and entertainment for all ages. Hope to see you there!

Tags: vermont state fair, Rutland fair, vermont state fair opens

30 Year Mortgage Rates Drop Again

Vermont 30-year fixed mortgage rates drop for 5th consecutive week.

BankRate.com is reporting a drop in mortgage rates for the 5th consecutive week. Rates are now the lowest they have been since the end of March. The gap is narrowing between the fixed-rate and adjustable-rate mortgages, making refinancing a sensible option for many homeowners.

If you are thinking of buying a Vermont home and would like to learn more about interest rates and how they effect your buying power, contact me or visit my website. I'm here to help!

Tags: BankRate.com reports drop in interest rates, buy a home in Vermont, buying power

Vermont Log Home For Sale

Log Home On 43 Acres For Sale In Halifax, VT


This rustic post and beam home has it all!

You'll enjoy the privacy of your own secluded 43 acres. You'll bask in the sunlight while enjoying coffee on the south-facing front porch. You'll be able to unwind while listening to sounds of the babbling brook and gentle waterfall. You'll be comforted by the warmth of exposed wooden posts and beams and hardwood flooring.

Located in the town of Halifax in southern Vermont, this home is perfectly situated for winter skiing, fall leaf peeping and year-round activites.

Get more details on this home and view a virtual tour on my website, www.ISellVermontRealEstate.com. Here you can also view all real estate listings and get the current market value of your home.

Tags: log home for sale, log home in Halifax, VT, post and beam home in Vermont, [tagname], Vermont real estate, Vermont real estate listings

10 Acres For Sale In Rockingham, VT

10 Acres To Build Your Dream Home In Vermont



Is it time to retire and move to the country or are you ready to build a second home for weekend skiing in Vermont? If so, you'll want to take a look at this prime 10 acres in Rockingham, VT. Located just off I-91 ( close to the proerty in my last post), it is an easy weekend commute from New York or Connecticut. The property is flat with a spring running through it and has just been reduced from $99,900 to $69,000. Don't miss the opportunity for Vermont land at a dscount price. Contact me today for more information.

Tags: Rockingham, land for sale in Vermont, build a home in Vermont, skiing in Vermont, Vermont retirement, prime acerage in Vermont, Rockingham land for sale

Vermont Acerage For Sale

15 Acres In Rockingham, VT For Sale



Build your dream home on 15 private acres with winter views of the Connecticut River and it's babbling brooks. Just off I-91, this property is perfectly located for weekend get-aways of skiing, antiquing or just relaxing in the country. Enjoy watching the fall colors from your own little piece of heaven.

This property has just been reduced over $30,000, so don't hesitate. Contact me today for details or visit my website, where you can view all real estate listings.

Tags: acerage for sale, Vermont land for sale, views of Connecticut River, land in Rockingham, VT, land for sale in Rockingham

Vermont Farmhouse On Saxton River

Vermont Farmhouse For Sale

155 Church Ave, North Westminster Village, VT, 05101



Say goodbye to city living when you say hello to this Vermont farmhouse. This 4 bedroom home is the epitome of country living with it's cozy front porch, acre of land for privacy, classic stone wall surrounding the yard, and private swimming hole on the Saxton River. It is the perfect weekend or second home, close to various ski areas in southern Vermont.

For more information contact me or visit my website, where you can also search all real estate listings.

Tags: Vermont farmhouse, 155 Church Ave, farmhouse for sale, farmhouse on Saxton River, second home in Vermont, Vermont second home

Farm Town Realty Joins United Country

Farm Town Realty is pleased to be affiliated with UNITED COUNTRY.

UNITED is the industry's only national company which specializes in advertising local brokers' actual listings by showcasing properties in their exclusive real estate publications, on the web and in major magazines and metropolitan newspapers nationwide.

UNITED'S advertising reaches millions of prospective buyers each year. This exposure, provides sellers with a unique alternative to dependence on the local marketplace.

Visit the offices of UNITED COUNTRY FARM TOWN REALTY today at 231 Depot Street, Proctorsville and let the Farm Town Team show you how to take advantage of UNITED COUNTRY'S international advertising program.

Tags: Farm Town Realty, United Country, United Country Farm Town Realty, United Country's international advertising program

Are Settlement Costs In Vermont High?

Not according to BankRate.com's annual closing cost comparison survey. In this year's survey, Vermont ranked 28 in comparison to the other states. Good faith estimates were obtained from 10 lenders in all 50 states. Total cost comparions were based on lender, title and settlement fees.

New York ranked #1 for the second year in a row with costs totalling $3,887. Missouri was last with $2,713 in costs. Vermont's settlement costs totaled $2,950. Vermont's 28th place ranking is up from 38 in 2005.

Getting the lowest settlement costs possible is a matter of shopping around. Contact me if you are in the market for a home. I am happy to counsel you as to the questions to ask a lender to get the best possible deal.
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Thinking of buying or selling a home in Vermont? Visit my website to view all real estate listings, get the current market value of your home, free reports and more.

Tags: BankRate.com, closing costs, mortgage, loan, New York, Vermont, buy, sell, home

New Affordable Housing Program

The Vermont Housing Finance Agency (VHFA) is beginning a new $10 million program making owning a home in Vermont a reality for many buyers.

The program will offer 4.75 percent interest rates to eligible applicants. Contact me for eligibility requirements. Also, visit my website to view all real estate listings. I'd like to help make your dream of home ownership come true.

Tags: VHFA, Vermont Housing Finance Agency, buyers, listings, homes for sale, Irene Gaffigan

Modernizing FHA Loans

The Expanding American Homeownership Act has been passed by the House Of Representatives bringing FHA into the 21st Century and offering hard-working Americans a variety of safe homeownership options at a fair price. This legislation will:

1) Eliminate the current statutory three percent minimum down payment, reducing a significant barrier to homeownership. FHA's existing down payment requirement does not meet the demands of today's marketplace, where most first-time homebuyers put down two percent or less. The "new" FHA would offer a variety of down payment options.

2) Create a new, risk-based insurance premium structure for FHA that would match the premium amount with the credit profile of the borrower. It would replace the current structure, in which there is standard premium amount for all borrowers, while still protecting the soundness of its Insurance Fund. FHA would have the flexibility to charge a lower premium for low-risk borrowers, and to charge higher-risk borrowers a slightly higher premium.

3) Increase and simplify FHA's loan limits. FHA's loan limit in high-cost areas would rise from 87 to 100 percent of the GSE conforming loan limit and in lower-cost areas from 48 to 65 percent of the conforming loan limit. This change is crucial in today's housing market. In many areas of the country, the existing FHA limits are lower than the cost of new construction, eliminating FHA financing as an option for buyers of new homes in those markets. FHA has simply been priced out of the market in other areas, such as California, where FHA insured only about 5,000 home mortgages in all of 2005, down 95 percent from 109,000 in 2000.

HUD is the nation's housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans. More information about HUD and its programs is available on the Internet at www.hud.gov.
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If you are thinking of buying or selling Vermont real estate or have questions about FHA loans, visit my website or send me an email. I can help!

Tags: vermont, real estate, FHA, HUD, financing, loan, home, buyer, legislation, insurance

Back To School Warm-Up

Parents helping a child prepare for that first post-summer-vacation reading quiz often find themselves wondering if he has forgotten everything he learned the year before. Research shows that the "summer brain-drain" phenomenon is no figment of the imagination. Over summer vacation, children can forget more than two months worth of school instruction.

"Research by experts verifies what parents and teachers have long known - over the three short months of summer vacation, most children forget a significant amount of what they learned during the previous school year," says Ron Fairchild, executive director of the Johns Hopkins University Center for Summer Learning. In fact, Johns Hopkins research shows that teachers typically spend four to six weeks reteaching last year's lessons. "Parents can help children stay in shape academically by making learning a year-round habit," says Fairchild.

So how can parents help children keep their brains in top condition for back-to-school excellence?

"First, make it fun," advises Wendy Bronfin, vice president of education and product development at Educate Products, makers of Hooked on Phonics, the brand that over 2 million families have turned to for teaching their children reading, math and study skills. "There are a lot of great ways to integrate learning into your everyday activities, even while on vacation. Summer is a great time to spend with your child and foster a lifelong love of reading."
Bronfin suggests coaching your child through the following year-round fun brain exercises:

* Keep kids reading. Before school starts, help your child choose a short list of books to read. While you can suggest a book, author, series or subject you think your child might enjoy, let the child choose what he wants to read. Reinforce the idea that reading is fun.

* A library visit is a great way to occupy a rainy summer afternoon. Suggest that your child invite a friend. Make sure everyone in your library party checks out something new and begins reading it that day. Make trips to the public library a regular family outing!

* Help your child prepare for the inevitable "What I Did on Summer Vacation" report he'll have to give when he returns to school. Before taking a family vacation, read with your child about the destination.

* Help your child look up online the lyrics to fun summer-themed songs. Kids find computers fun and the technology can be a great way to boost their interest in reading.

* With summer comes a host of children's movies. Before you take your child to the latest hit, sit down with him and read the book version first. Then see the movie and discuss which version he liked best and why.

* Make reading aloud a family experience. At the end of a long summer day, take turns reading from a classic book the whole family can enjoy. Set aside a regular family read-aloud time, usually 20 to 30 minutes, or as long as it takes to read a certain number of pages or chapters. This can become a favorite family tradition.

* Demonstrate that reading is part of everyday life by encouraging your child to read things found on summer vacation, like a newspaper from a new town, travel magazines, barbecue recipes, maps and game instructions.

* Play games that encourage reading and learning, like the classic I Spy game or a letter-sound treasure hunt, during which you hide around the yard treats or toys that all begin with the same letter.

* Try an activity kit. The Hooked on Phonics Super Activity Kits are filled with hours of brain-building, fun activities. The kits use a DVD loaded with MP3 songs, music videos, cartoons and adventures with Lou the Hippo to help keep kids educationally active during the summer. Each kit includes an activity pad, write-on/wipe-off journal and special erasable crayons and stickers, all in a convenient resealable package. Hooked on Math products are also especially relevant since research shows summer learning loss is more pronounced with math.
Hooked on Phonics products can be found at participating retailers or online at http://www.hookedonphonics.com/ or http://www.amazon.com/.
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If you are thinking of buying or selling a home in southern Vermont prior to school starting this fall, you have just enough time. Visit my website to view all real estate listings, get a FREE home valuation, free reports and more.

Tags: vermont, buy, sell, home, real estate, reading, summer, kids, school, reading, hooked on phonics

Music In The Meadow

An annual Music Festival and Fundraiser. Bring a blanket, a picnic basket and a frisbee! A great way to spend the day! Live music from talented musicians, food vendors, crafts, a pretty country setting and friendly people. All proceeds benefit the Race For The Cure.

Sponsored by: Motel-in-the-Meadow, Chester Music Shoppe & Flying Under the Radar.

When? July 15, 2006

Where? Motel-In-The-Meadow, Chester, Vermont
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Thinking about buying or selling a Vermont home? Visit my website for all real estate listings, get the value of your home and more!

Tags: music, chester, vermont, fundraiser, race for the cure

First Time Buyers are Picky, Picky, Picky!

Wells Fargo Home Mortgage has just revealed a study of first-time home buyers and just what they are willing or not willing to compromise on when buying a home.

Both buyers and sellers may want to take note of the findings:

40% are unwilling to buy a home smaller than the'd like.

40% are unwilling to buy a home needing significant improvements.

46% will not buy further from work than they would like.

70% will not move to a less desirable neighborhood.

97% of first-time home buyers would never go back to renting.

77% believe buying their home is the best investment they ever made.

Nearly 75% of first-time buyers believe that the value of their home will go up in 2006.

78% of renters believe that it is generally true that people cannot obtain mortgages without perfect credit, and 52% of renters believe that they personally can't get a mortgage because of credit issues. But 46% of the first-time buyers surveyed didn't believe their credit was "excellent" or even "very good."

56% of renters believe that a downpayment of 15 percent or more is required when buying a home, and 55% believe that size of a downpayment is a personal barrier for them. But 74%reported they put less than 15 percent down.

I believe "picky" is a good thing. Buying a home is the largest investment most of us make and it needs to be right for you. Contact me, or visit my website, if you are thinking about buying a home near Okemo Mountain in Vermont. I am glad to work with "picky" buyers!

Interest Rates Hiked To 5 Year High

The Federal Reserve raised interest rates yesterday to 5.25% which is the highest level in more than 5 years.

What does this rate hike mean to you if you are in the market to buy a home? Give me a call or visit my website. I can introduce you to a well-qualified, knowledgeable, experienced loan officer who can answer all your questions.

Landscaping Pays Off Big

Money spent sprucing up the yard with trees, shrubs, lighting, and patios is well worth it — especially when it comes time to sell the home, a new study says. The report, by Arbor National Mortgage, found that 84 percent of real estate professionals believe a house on a treed lot would fetch at least 20 percent more than one on a lot without trees.

Another of the company’s surveys suggested that while shelling out for top-of-the line landscaping may only bring in an additional 4 percent to 5 percent, spending minimal amounts has a penalty. Homes swith average landscaping sell for 20 percent more than homes with just fair landscaping.

The American Society of Landscape Architects suggests budgeting 5 percent to 10 percent of a home’s value for its initial landscaping.Before launching into a landscaping project, keep these pointers in mind:

1. If you can't afford to hire a landscape architect, check out the services offered by nurseries and big-box home improvement retailers, such as Home Depot. Many offer design services — sometimes without charge — if you are buy plants there.

2. You can save about half the cost of landscaping if you do the work yourself. But keep in mind that large trees are often killed when carried uncovered in the back of the buyer's SUV from the nursery to the house, not because they are planted poorly. Also, most nurseries won't guarantee plants they don't install.

3. If you're trying to stick to a tight budget, remember that a few larger plants will have a greater visual impact than many small ones.

4. Before planting trees, determine how large they will become and what leaf pattern will develop. If you plant a big tree too close to the house, the growing roots could cause the foundation to crack. And if you place it too near a sidewalk or driveway, root expansion could cause the pavement to buckle.

Source: Orlando Sentinel, Lew Sichelman (6/11/06)
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Want to know how your landsaping has increased the value of your Vermont home? Visit my website for your Free home evaluation.

Theft Proof Your House

School is out! And this means family vacations. When preparing to leave home on vacation, we all put much time and effort into what we are taking with us, but not much thought to what we are leaving behind...our home.

Vacation time is prime time for burglars. Most communities experience a 10-18% increase in burglaries during the summer months. So, you will want to do everything you can to protect what is yours while you are not at home.

It surprised me to learn that most burglaries occur during daylight hours. CNN.com has 5 commom sense tips to make it hard for thefts to get into your home. Follow these tips and be safe!
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Thinking of buying or selling a home? Visit my website to view all central Vermont real estate listings and to get a Free home valuation.

Who Needs A Survey?

A property survey is a map of a property showing where structures, easements and boundaries are located. To most buyers, being required by the mortgage company to have an updated survey for closing just seems like a waste of money. And, who wants to spend more money than absolutely necessary?

But, a survey is like insurance. The chances of you ever really needing it are slim, but if you ever do need it, you will be glad you have it. CNNMoney.com has a great article about folks who wished they had a survey. Be sure to take a look.
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Thinking of buying or selling a home? Visit my website. Here you can look at all homes listed for sale in Hampton Roads and get a Price Valuation.

What Is A Contingency Contract?

Sandra Nickel, Realtor in Montgomery, AL, has an excellent post on contingency contracts. What are they and should you as a seller accept one. It is short, sweet and informative.

Please contact me with any questions you have about contingency contracts or real estate in Vermont.

Painting Tips

Tis the season for do-it-yourself projects. The honey-do- list at our house is a mile long and I am always looking for a way to make the job I am tackling easier. Sam Miller, an excellent Realtor in Mount Vernon, OH has a post with interior painting tips. If painting is on your list of projects, take a look.
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If you are thinking of buying or selling a home, visit my website. Here you can view all local real estate listings.

Mistakes Home Sellers Make

Orange County Realtors, Drew and Linda Hartanov, have a great post on their Blog... 4 Common Mistakes Home Sellers Make and How To Avoid Them.

Take a look and then contact me, 802-226-8022 with any questions you might have about how these mistakes relate to the Vermont housing market.

You can receive a Market Valuation of your home by visiting: www.ISellVermontRealEstate.com

5 Powerful Buying Strategies

A post on Hampton Roads Real Estate Blog by Realtor and friend, Dave Macklin in Virginia Beach, Virginia gives 5 Powerful Buying Strategies for today’s buyers. These strategies include:

1. Don't Get "Pre-Qualified!" Get "Pre-Approved"

2. Sell First, Then Buy

3. Play the Game of Nines

4. Don't Be Pushed Into Any House

5. Stop Calling Ads!

Read this important post and put yourself in the best possible position to buy a home. Then contact me, or visit my website, so I can represent your best interests when buying your Okemo Mountain home. I will take care of you just like family.

Hands On Help

The NATIONAL ASSOCIATION OF REALTORS® announced a new partnership with Habitat for Humanity encouraging each of the nation’s local REALTOR® associations to sponsor and build a new Habitat home in the Gulf Coast region.

NAR will hold its annual convention in New Orleans this fall, at which time, approximately 30,000 REALTORS® will deliver hands-on help to clean up damaged neighborhoods, build 54 new Habitat for Humanity homes.

Realtors have always believed in giving back to the community and I am especially proud that the focus of this year's national convention will be serving the community we are visiting.
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Thinking of buying or selling a home? Visit my website. Here you can view all real estate listings.

A Creative Alternative

I though you might appreciate a reminder that Mother's Day is this Sunday, May 14. You have probably given flowers, candy, cards and all the other traditional gifts. A new idea is to give the important mothers in your life a Vermont Teddy Bear.

These adorable bears are hand-made in Vermont and guaranteed for life. I don't know a woman who doesn't like a Teddy Bear...doesn't matter what age we are.

You can purchase you Teddy Bear by clicking here.
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Thinking of buying or selling a home? Vist my website for the current market value of your home or to view all local real estate listings.

Post-Contract Pitfalls

Selling a home is like climbing Mount Everest – getting a signed contract is a great accomplishment, but that's only half the journey. The typical home sale today involves more than 20 steps after the initial contract is accepted to complete the transaction.

Much of what needs to be done before the closing is the responsibility of appraisers, loan processors, attorneys, and inspectors — my role, as your REALTOR®, is to coordinate those responsibilities, helping to ensure that others do their jobs promptly and correctly and that the closing isn't jeopardized.

Many steps between contract ratification and closing involve the cooperation of both buyer and seller, and it takes attentive REALTORS® on both sides of the transaction to troubleshoot and keep everyone on track. When things go wrong, closing can easily fall behind. Here's how much time to expect on particular delays:

One-Week Delays
1. Buyer submits incorrect information to lender.
2. Source of down payment changes.
3. Escrow fails to notify parties about missing documents.
4. Principals leave town without signing all necessary papers.
5. Unknown defects are discovered in the property.
6. Last-minute liens discovered.
7. Cloud on title.
8. Move-out date changes.

Two-Week Delays
1. Lender decides at the last minute it doesn't approve of the borrower or the property.
2. Lender raises interest rates.
3. Lender requires last minute reappraisal or repairs.
4. Appraisal too low.

I have extensive experience in handling problems that may arise during the time between contract and closing; I can anticipate difficulties and address them in time to ensure a smooth settlement for all involved.

To ensure a smooth settlement when buying or selling your home, give me a call, 802-226-8022. I'm here to help!