Wednesday, December 1, 2021 / by Brian Armstrong
Environmental concerns have driven demand for sustainable living solutions. Eco-friendly solutions come in many shapes and forms, but one of the best ways to make an impact is by improving your energy efficiency. Many options on the market can not only help you improve your home's eco-friendliness, but many can also save you money! Here are some of the most popular upgrades that homeowners are installing in their homes!
Making Your Energy Usage Smarter
When it comes to making eco-friendly improvements to your home, understanding your energy consumption is crucial. From interior lighting to heating and cooling your home, energy consumption typically makes up the largest environmental footprint in your home. Homeowners seeking to make some green improvements can install smart meters into their homes. These devices can help you monitor your electricity, energy, and/or water. Smart meters track the quality, quantity, and time of consumption - and display real-time data to you via inter. ...
Wednesday, November 24, 2021 / by Jordan LaFond
As you think about making a home purchase, whether it is your first home or one of many, you need to consider what type of home you can afford. Most homebuyers choose to finance a portion of their purchase since many Americans do not have the cash to buy a home outright. From market dynamics to interest rates, many factors contribute to the type of home you can finance. So, what exactly is buying power? Buying power at its roots is the available money you have each month to put toward a mortgage after your other debts have been paid off (i.e. car loans, student loans, rent, etc.) Keep in mind that your buying power focuses on more than just the sale price; you also need to factor in taxes, insurance, repairs, and other expenses related to owning a home.
Determining Your Buyer Power
Determining what you can afford from a lending perspective is based on many considerations. Gross income, debt, assets, credit score, and interest rates are the key factors your lender will look ; ...
Wednesday, October 27, 2021 / by Levi Norton
With Halloween quickly approaching, people all over the country are having fun exploring the spooky side of life. Watching scary movies, dressing our homes and ourselves in ways that depict the paranormal, creepy-crawlies, and the living dead… all to be packed away at the beginning of November and replaced with lighter sentiments of the next holidays to come.
For some, creaking doors that seem to open themselves, cold chills following a passing shadow, and the sounds of children’s toys being played with when no one else is around, aren’t just a part of the movie you can shut your eyes through… but a haunting reality! The idea that many haunted houses exist raises the question, especially when considering the Real Estate market, “Would you live in a haunted house??”
When realtor.com asked this question a couple of years ago, the answers that were uncovered showed that about 1/3 of people would buy a home knowing that it had some “strm ...
Wednesday, October 13, 2021 / by Jordan LaFond
The real estate market has changed dramatically over the last year. One change is that homes are now often sold “as is.” Simply put, this means that the buyer will not request the seller to make any repairs or offer seller concessions for items that may be missing, broken, or outdated. Today, sellers are less willing to make repairs or modifications to get their homes sold, and the reason behind this is simple: they do not need to. Due to the overwhelming buyer demand and lack of available inventory, it is common for a seller to receive multiple offers on their property. Chances are high that at least one buyer will submit a bid that does not request the seller make any modifications to their home. An attractive offer without repairs will stand out to the seller, and it improves the likelihood that it will be accepted.
An important note here is that selling your home “as is” does not mean you can withhold material facts. When you sell a home you mus; ...
Wednesday, October 6, 2021 / by Brian Armstrong
You have inherited a house… now what? Inheriting a house while often a generous gift can also be the start of an emotional journey. It is common to inherit property as a result of a loved one’s death, and now you have several choices ahead of you as a result.
To best navigate your situation, you should seek the advice of a tax and or finance professional to truly understand your position. We are not tax professionals, and this article is merely a guide to outline some of the options you have available. With professional guidance, you will know all your options and should have a clearer path forward!
Do I Owe Taxes On Inherited Property?
One of the most common questions we see when someone inherits a house is “Do I owe taxes on this?” Vermont does not have an inheritance tax, but it does have an estate tax, and of course the federal estate tax. The estate tax in Vermont is intended for the estates of Vermont residents, and the estates of non-residents who owm ...