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Montpelier : Real Estate Advice

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Activity 5
Wed Jul 18, 2012
David Parsons answered:
Hi Nancy,
Curious if you mean the home at 15 Vine Street in Barre (I've attached a link to information below)? If so, that house sold last year, and according to records from the Realtor who sold it, it was built in 1900. If you have any other questions or need clarification please let me know.

Bill Desautels
RE/MAX North Professionals
802-861-6217
bill@movevermont.com
... more
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Mon Dec 19, 2011
Katiemac9 answered:
I live in VT so these are ideas based on what happens here in terms of the legal stuff. If you haven't yet received a sheriff's notice a TRUE foreclosure brought to your door, you have a lot of time to work out what you want to do. My lawyer told me a year ago that I will still have 9mos to 1 yr before I have lost the house and have to leave AFTER getting the sheriff at my door. Still no sign of him and I haven't paid the mortgage for 2 years; 1.5 yrs ago I got a 'Notice of Default'. I can sell the house up the the very day of the auction. THAT is a lot of time. I have not yet received the sheriff's notice and have been using whatever cash I have to put the house in tip-top shape and upgrade some things to sell this coming Spring. On top of that my mortgage company, GMAC which got govt money, has been successfully sued by the state of Mass and is being seriously looked into by VT and other states. I reckon I still have a long time before I really lose my house. So I suspect you do, too. Like you, my house is worth more than what I paid and more than what I owe. I qualified for the HAMP loan modification but they refused it anyway. (Since then, I have learned that I'm better off.) The state of VT has a new law that they have to go to mediation if the owner wants to...another delay. So don't be rushed, certainly not by realtors. I will be selling my home myself for less than it is worth, but I will get enough money to pay back the mortgage and fees (if I still owe them all the foreclosure fees, depends on how VT pursues the company), AND I will have something left over to get a new place. Got a kid still in school so we have to live somewhere. Don't give up till you've really explored your options. Good luck. ... more
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Sun Apr 18, 2010
Anna M Brocco answered:
Since no local answers yet--try Google maps or simply drive by and check out the address.
0 votes 1 answer Share Flag
Fri Mar 12, 2010
Trevolyn Haines answered:
Hi David,
With the prices this low & the Buyers Tax Credit (upto $8k for first time & upto $6500 for repeat), why rent when you can probably own for less (& if you find a good roommate- have them make your payment for you) & when you are done living there, you can turn it into your own rental?
Good luck with your search ;-)
Trevolyn
... more
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