Blog :: 2011

New Signature Listing: Beautiful Hinesburg Property!

Gina Masters, one of Signature Properties' most trusted agents, is proud to announce a new listing in Hinesburg!

The best of both worlds is here! Three BR home on 10 acres, yet only 13 miles to Burlington and 2 miles to many Hinesburg amenities. Private dead end road leads to this two story home with massive wrap around deck, walk-out basement w/garden windows, and a fabulously fun treehouse for the kids or any kid at heart! Recent updates include new exterior doors, Ash HW floors sanded/resurfaced, and new carpet in MBR. Bright and spacious kitchen/DR w/walk-in pantry, island and SGD to outside. LR has VT Castings Winter Warm System for max heating options. Master suite is 26 X 17 with large closet and bath w/jetted tub! High speed internet avail. This Hinesburg property is a beautiful slice of Vermont! do not miss out!

CLICK HERE for to view the entire listing

CLICK HERE to view the complete selection of Signature Properties.

New Signature Listing: Perfect Colchester Townhouse!

Hank Gintof, one of Signature Properties' most valued agents, is proud to announce a new listing in Colchester!

Picture Perfect Colchester Townhouse situated by the woods with its own private entrance. Lots of awesome upgrades. New windows, new paint, new baths, laminate floors in BRs. Basement is finished but has no egress window, new slider being installed Aug 2011, super location! 9 Acres of common land with trails, End unit! Very private wooded setting with patio, fully applicanced kitchen with newer appliances and breakfast bar, LR with fireplace. Spacious and open floor-plan, gotta see it!

CLICK HERE for to view the entire listing

CLICK HERE to view the complete selection of Signature Properties.

Making Real Estate Dreams Come True

Very happy new home buyers asked respected Signature Properties of Vermont agent Gina Masters to pose for quick photograph following their recent closing. 

It's OFFICIAL-- Happy Home Owner & Realtor

Gina was honored and thrilled to accommodate them.  As full service agents, Signature Properties of Vermont Realtors take pride in navigating new home buyers through the wonderful and expansive world of Vermont real estate. Ethan, a 1st time home buyer had this to say to Gina:

We've enjoyed working with you immensely, and I'm extremely grateful that Marilyn referred me to you.  I can't imagine buying our first home being any easier, or more fun, than the process has been with you.  Thank you again for all your hard work over the past several weeks!

-Ethan A., CPA

CLICK HERE to contact Gina Masters

CLICK HERE to browse the Signature Listings

Is the light at the end of the real estate tunnel getting brighter?

Current Market Trends Suggest an Incline

Looking back at the real estate market, the month of May shows that the worst may not yet be over.  Although many experts believe the housing market will be on the incline soon, May numbers showed a large drop.  Overall home sales in May of 2011 were down 3.80% from April, and a whopping 15.30% from May 2010.

Experts such as Lawrence Yun, NAR chief economist and NAR President Ron Phipps attribute many factors to the housing market decline.  Both economic and environmental factors such as high gasoline prices as well as severe weather and flooding slowed the real estate market.  Conservative mortgage underwriting standards had a large impact as well.

The good news is that many believe it's about to get a lot better.  Currently, the market is showing that the second half will be much more productive than the first.  Reduced sales have created a supply surplus effectively lowering the average home price to a 40 year low, down 4.60% from the previous year, and investors are eager to take advantage phenomenal deals.

The bottom line is, whether you're a buyer or seller, broker or lender, the summer of 2011 is going to be exciting.  The Vermont real estate market is picking up momentum and there's no stopping us now!

CLICK HERE to preview the beautiful Signature Properties of Vermont  listings.

If you would like to read the entire article, CLICK HERE

New Signature Listing: Lakefront Colchester Home

Hank Gintof, one of Signature Properties' most valued agents, is proud to announce a new listing in Colchester!

A RARE FIND!!! Beautiful contemporary on 2.6 acres with 150' lakefront and fabulous lake & mountain views. Very spacious home with an open floor plan perfect for entertaining and family use. Large yard with private in-ground pool, or a few steps away enjoy beautiful Lake Champlain, docks, moorings, sailing....whatever you desire, it's all right here, rural setting yet so convenient. This home has just gone through a massive update, $50,000+/- new roof, new baths, new floorings, new paint, some new appliances, new fixtures. A MUST SEE HOME!!

CLICK HERE for to view the entire listing

CLICK HERE to view the complete selection of Signature Properties.

New Signature Listing: Charlotte

Stacey Barton, one of Signature Properties' most trusted agents, is proud to announce a new listing in Charlotte!

A super opportunity for that picturesque 7 acre property surrounded by lovely perennial beds, lilacs, fields, woods, and mountain views! This home feature a great, open floorplan w/2 pantry cupboards in kitchen, heated entry room, closet crafters thru-out, bay window in LR to take advantage of the view, family room downstairs with pine T&G, master bdrm with 3/4 bath, covered porch, deck and patio, and 12x16 shed w/7' lean-to. Wonderful spot in the country near walking/biking/skiing trails, yet minutes to everything! Put up the volleyball net, and invite 100 of your closest friends over, plenty of superb parking!!

CLICK HERE for to view the entire listing

CLICK HERE to view the complete selection of Signature Properties.

Settling the Score

In real estate, as in sports, it's the score that counts!

Settling the score your credit score before making a big purchase is always a good idea, it is the vital piece of information that  lenders will use to determine whether or not to approve your mortgage, and decide how much to loan.  A good credit score is the key to a quick and hefty mortgage pre-approval.  The following six tips are great ways to keep your credit score in check, and ensure the number reflects your actual borrowing power.

Pay on time: The core rule is to meet your debt obligations on-time, every time. If you have had payment lapses in the past but your habits have improved, time is on your side.

Correct mistakes in your credit report: According to Realtor Mag, 25% of Americans have reported mistakes on their credit report. The sooner you become aware of any errors, the sooner they can be corrected.

Detach yourself from the "wrong vendors": Wracked with credit card debt? Do your best to get ahead of the curve to boost your score. Credit card companies are notorious for being less than selective in their loaning process. After all, they profit when your card carries a balance. Your credit score is less effected by loans taken from banks because they are more reputable and discerning in their selection process. If you have been drawn in by store credit card schemes, now is the time to pay off the balance, and be done with them for good.

Reduce balances on revolving credits to less than 50 percent of the maximums: Emergencies happen to the best of us, and sometimes we reach for a credit card to keep ourselves ahead of the game. However, it is essential that your average balance is less than half of your total line of credit. For example, if your Discover card has a $10,000 limit, make sure your usage is less than $5,000. A high utilization ratio is read as a sign of weakness and potential trouble, reducing your score.

Minimize the number of "hard inquiries": Hard inquiries are requests to a credit agency for your credit score from a credit grantor, insurance company or other entity to which you have applied and to which you have entrusted your Social Security number. "Soft inquiries" made by you or by firms looking to sell you something for which you have not applied don't require your permission and don't impact your credit score.

Pay off collection accounts: If your credit report shows a long lost hospital or dental bill, now is the time to clear those debts.  You will not be approved for a loan with a collection account on your record, so the sooner you pay it off and improve your score, the better.

 

Spring into Vermont!

 The melting snow, the longer days of sunshine, the shedding of layers, the budding of flowers and trees, and of course, the sound of sap dripping into countless buckets hanging on trees...this is our spring time. Late April through early June is spectacular time in Vermont!

Although every season is glorious in Vermont, spring brings with it:

  • Gardening and local farmer's markets
  • Back country and mountain biking
  • Swiming, boating and fishing in beautiful Lake Champlain, the Winooski River, etc.
  • The South End Art Hop and open studios throughout the state
  • Sugar on snow, a Vermont springtime maple delicacy
  • Green Mountains full of hiking and glorious views
  • and so much more!

Spring is great time to vacation in Vermont, and a better time to relocate here! For more information check out the State of Vermont's website by CLICKING  HERE.

Hitched without a hitch!

This past weekend, Signature Properties' valued agent, Blake Gintof and his beautiful bride, Thao Le joined together in marriage.   Attended by family and friends, the ceremony was held at the Sunset Ballroom in Shelburne, Vermont.  Long time family friend, Bill Bowman delivered a heartfelt and personal service to a supportive and joyful crowd.  Spectacular views of the Lake Champlain valley complemented the deliciously amazing food, some of which was provided by the bride's family's Vietnamese restaurant.   A live DJ keep everyone rocking while Adam Wilber of Fox Magic dazzled the masses with close-up magic.  Great times were had by all.

Best of luck in all of your endeavors Mr. and Mrs. Gintof!!

Are you creative enough?

Are you the creative type?  New home owners often have a need for creativity; to paint, decorate and landscape.  However, becoming a home owner can require a new form of creativity; creative financing.

Today's lenders are tightening their belts, securing a mortgage can be tricky for many buyers.  Many options and programs are available, including federally funded programs such as the Federal Housing Administration (FHA); however these programs have limitations and minimum requirements and not every buyer is eligible.  Financing a home in today's market can require more "out-of-the-box" thinking.   A broker in Tallahassee, Fla is quoted with saying "Creative financing is about to become the primary means of financing,"

  • Mortgage brokers and Realtors are working with customers nationally to create new sources of home financing.  Some ideas that have paid off are:
  • Private Loans - Loans not advertised as mortgages are available but generally require a strong professional network and may be subject to higher interest rates.
  • Lease-to-own Sales - Essentially, pushing the closing date back for months to years, but allowing for possession to exchange hands.
  • Asset Liquidation - Many potential home owners have taken to selling or pawning valuable assets to generate enough capital to secure a loan.  Recently in Colorado, a 1955 Picasso sketch was 'pawned' to finance a down payment.

As the saying goes, where there's a will, there's a way, and today's real estate market exemplifies that.  The bottom line is, consumers will find a way to get what they want.  If lenders make it hard to find a mortgage, consumers and Realtors will find other avenues of financing.  To read more on the subject CLICK HERE for the complete article, or CLICK HERE to contact a Signature Properties of Vermont Realtor.

Are you the creative type? New home owners often have a need for creativity; to paint, decorate and landscape. However, becoming a home owner can require a new form of creativity; creative financing.

Today's lenders are tightening their belts, securing a mortgage can be tricky for many buyers. Many options and programs are available, including federally funded programs such as the Federal Housing Administration (FHA); however these programs have limitations and minimum requirements and not every buyer is eligible. Financing a home in today's market can require more "out-of-the-box" thinking. A broker in Tallahassee, Fla is quoted with saying "Creative financing is about to become the primary means of financing,"

Mortgage brokers and realtors are working with customers nationally to create new sources of home financing. Some ideas that have paid off are:

Private Loans - Loans not advertised as mortgages are available but generally require a strong professional network and may be subject to higher interest rates.

Lease-to-own Sales - Essentially, pushing the closing date back for months to years, but allowing for possession to exchange hands.

Asset Liquidation - Many potential home owners have taken to selling or pawning valuable assets to generate enough capital to secure a loan. Recently in Colorado, a 1955 Picasso sketch was 'pawned' to finance a down payment.

As the saying goes, where there's a will, there's a way, and today's real estate market exemplifies that. The bottom line is, consumers will find a way to get what they want. If lenders make it hard to find a mortgage, consumers and realtors will find other avenues of financing. To read more on the subject CLICK HERE for the complete article, or CLICK HERE to contact a Signature Properties of Vermont Realtor.