Archive for the 'Montpelier Vermont' Category

I am delighted to let you know that you can now have access to much of the same data that BCK Real Estate Professionals  have at their fingertips.  Using our new Market Snapshot online program you can see all sales in your area within the last 90 days as well as everything that is on the market currently.  Click on the following link and test drive this wonderful program for yourself.   Vermont Market Snapshot

BCK Real Estate is the foremost VT real estate brokerage in central Vermont with offices in Montpelier, Barre, Northfield, Waterbury, Rochester and Stowe.  We are always on the cutting edge of real estate technology.  Market Snapshot is another example of how BCK Real Estate is leading the way in Vermont Real Estate.

Legislation passed by Congress, and signed by the President, allows “repeat” or “move up” buyers to qualify for a federal tax credit of up to 10% of the purchase price up to $6500. This is an element of the homebuyer’s tax credit that previously was only available to first time buyers but now has been expanded. To qualify, a “repeat” buyer must have lived in a home they used as their primary residence for a at least 5 consecutive years out of the past 8 years. The purchase price of the new home cannot exceed $800,000 and annual income cannot exceed $125,000 (single filers) or $225,000 (married filing jointly). The new home must be used as the purchaser’s primary residence and the cost of the new home being purchased does not have to be higher than the previously owned home. The buyer must be under contract by last day of April 2010 and close on or before June 30th of next year.

The tax credit is still obtainable to first time purchasers for 10% of the purchase price up to $8000. A first-time purchaser is defined as anyone who has not owned a home in the past 36 months. The end of April deadline and income limits outlined above also applies to first time purchasers.

It is a grand time to buy or sell in Vermont! Our marketplace continues to rank among the best in the country – prices are stable, interest rates are at historical lows, homes are affordable and there’s a good supply of inventory to choose from. Contact a BCK or Stowe Realty agent today to discover how both sellers and buyers win using a BCK Real Estate Company agent.

The clock is winding down on the $8,000 Federal Tax credit for first time Vermont home buyers.  This free cash incentive is available for first time buyers who purchase by November 30th.  You must actually close by that date to qualify. Given that the typical home buying process in Vermont is 45 to 60 days, the window of opportunity to get a new home under contract is only a few more weeks.

Economic indicators are telling that the economy is on the upswing.  That fact combined with historically low mortgage interest rates and an $8,000 tax credit means now is the time to buy. Remember, just one additional payment of $8,000 can save you more than 15% of the total interest paid over the life of a typical $150,000 mortgage.

Contact your BCK Real Estate professional today to learn how to seize this once in a generation opportunity.  Call or stop in to any of our five realty offices located in Barre, Waterbury, Montpelier, Northfield or Rochester, Vermont.

Owning Montpelier real estate has its perks: history, culture and proximity to politics in action. Of course Vermont’s beauty if high on this list of perks, but Vermont’s bounty might top the list, especially in August. Take one trip to the Capital City Farmer’s Market and you’ll agree that Montpelier’s outdoor market is peerless.

The Montpelier Farmers’ Market is held every Saturday from 9:00 am to 1:00 pm (May – October) on State Street in downtown Montpelier, near the end of Elm Street. Here you’ll find fresh local organic produce, local crafts, and local music.

The first week of August is National Farmers’ Market Week.
The event culminates in a pizza baking competition, open to all ages.

Here are a few Montpelier listings within walking distance of the Farmers Market:

MLS #2748733, 62 College Street, Montpelier

MLS #2907432, 39 Summer Street, Montpelier

MLS #2777176, 114 College Street, Montpelier

I recently visited the small town I grew up in near Rochester, New York.  Growing up it was an area similar to central Vermont.  It was an area rural in character where everyone knew everyone else was a wonderful thing. The similarities between my Norman Rockwell home town and places throughout Vermont are incredible.  That is what attracted me to Vermont.

My former home town (which was alot like (Rochester, Vermont) is mostly developed now and is simply a bedroom community.  For old time sake I drove by the sand lot Little League field of my youth.  I spent hours there as a kid and loved every minute.  It was sad to see that it had been paved over for a parking lot.

Things like that truly make you appreciate the simple everyday things we often take for granted here in Vermont.  I have traveled extensively all over the world but the more I travel, the more I appreciate Vermont.