Recently,I have been working on a few short sales that have been extremely frustrating. A short sale is when the person selling a home owes more than what it is currently worth and the bank is willing to sell the property without them recouping the full amount owed. It is a long and difficult process that sometimes does not work out and the [...]
It has been awhile since we talked about the real estate market in Burlington Vermont, only because there wasn't much to talk about until now. June was a fantastic month for people putting homes under deposit. Interest rates bumped up this past month, but have slowly worked themselves back down under 5.5% in most cases. We have closed the [...]