(My name is pronounced Don). I have made real estate my lifetime career and have 30 years of experience listing and selling homes in VT. I love working with buyers to find their dream home or a solid investment. I am an aggresive listing agent that works hard for my sellers to get the best value for their home, as quickly as possible. Prudential's Online Seller's Advantage is a great tool for sellers to have in today's marketplace. My company is committed to both print and online marketing. I give back to the Vermont community presently serving as a commissioner on the Vermont Housing Finance Agency, a director on the Vermont Association of Realtor board, Governor's Economic Advisory Board, Judicial Nominating Committe. and the Rutland County Board of Realtors. In the past I was a commissioner on the Vermont Real Estate Commission, Director of the Rutland Chamber of Commerce, Key Bank Advisory Board, Pico Ski Club and more... Let me put my experience to work for you! If you want to own a home, I will find the way to make it happen! I have worked successfully in both buyer and seller markets. Buyer brokering, relocation and 1031 Exchanges are also my expertise.
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Julie - good question, since you own your home outright your carrying costs are less due to no monthly mortgage. Appreciation in Rutland County was 0 % for 2007 and it appears to be following a similar trend so far for 2008. Prices in our area are not forcasted to decline like in much of the country, but the best you could probably expect for annual appreciation for you property is the historical average of 3% per year for the next few years starting in last 2009 or early 2010. If you can sell the property, then you could reinvest the money in something with perhaps a better return, especially if it offsets the risk and problems that can occur with a tenant. The Rutland Area market is stable and normal - we are lucky. Inventory levels are higher than in the boom of 2 years ago but properly priced homes ARE selling - I know the market well here and would gladly give you a good picture of the Wallingford market - it is a desirable area with good schools - call me anytime at 802-236-4570 - Thu May 29 2008, 11:38
Hi - I would list it in both Commercial and Residential for the exposure to both markets - on the other hand the property may be more valuable as either a commercial or residential property based on the location - I would gladly assit you with deciding this if you would like to give me a call at 802-236-4570 - Dagyne Canney - Thu Apr 3 2008, 10:45
Earnest Money Deposits canbe in any amount - if you are buying asecond home or in a resort area, most likely the seller would expect a 10% contract deposit. If you are an first home buyer with little to put down or are a seller with all your equity/funds tied up in your present home, a deposit of $1000-$5000 make be considered enough. Sellers of properties over $250,000-300,000 usually expect that the deposit be at least $10,000 to 10% of contract price. You can offer an initial deposit of $1,000 and the balance of a higher amount up to 10% once contract contingencies such as home inspection are completed and satisfactory to you. The long and the short of it is that it is your offer, so offer what you believe is correct, as the seller can always counteroffer to you that they want a higher deposit. If you need any other advice, please contact me at dcanney@greenmtnrealty.com. - Tue Apr 1 2008, 11:05
Average sales prices vary throughout VT by county - the average in Vermont in around $200,000. You can get more specifics by county at
http:// www.HousingData.org or contact me anytime at dcanney@greenmtnrealty.com
- Tue Apr 1 2008, 10:56