Kathy O'Brien

Fixed or Adjustable Rate - It Depends!

mortgage rate comparison chart 2013
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In 2013, the Types of Mortgages Acquired Shows the Trend...But Should You Follow Suit?

 Fixed or Adjustable Rate - IT DEPENDS! 94% of purchasers last year opted for a fixed-rate mortgage at some of the lowest rates in home buying history. Yet, some of them will pay more in interest than necessary, based on the time theyll own the [...]

Section 1031: How Exchanges May Help Your Real Estate Investments Grow

example, sale and exchange table

 

Just One Example: Why Section 1031 Exchange May Be of Benefit to You

Your taxes may have been filed, but here's an opportunity for Real Estate Investors, to grow their proceeds through the Section 1031 exchange. Section 1031 exchange for rental and investment real estate, is a tool that allows investors to move the gain from one property to another without immediate income tax consequences. [...]

Is the Window Closing on Record Low Interest Rates?

Window

 

Is the Window Closing?

With interest rates lower than theyve been in over 40 years, it may be difficult to think of a window of opportunity closing. Consider this - rates will only go up from here. It may be a slow rise, but a steady one (the rise of home prices illustrates the same trend). [...]

Prepaid Interest - What is the Point?

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Take note.

Prepaid interest, sometimes called points, is generally tax deductible when a person pays them in connection with buying, building or improving their principal residence. When points are paid on a refinance, they are not a current deduction but have to be taken prorata over the life of the [...]

Interviewing a Mover

Selecting a moving company
Interviewing a Mover Id wish Id know that before I made a decision. If youve ever regrettably said this to yourself, having a checklist might have prevented the issue in the first place. This list of questions can provide you with things to discuss when interviewing a moving company. Fees What is the charge for packing? Does it [...]

Motivated Sellers, Better Prices, Less Competition

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The Winter Home Buyer Report conducted in the second week of November by REALTOR.com revealed the sentiments of current home buyers expecting to buy a house during the winter months. It appears that there is pent-up demand with buyers who were unable to purchase a home recently. Most cited as an impediment to purchase was the challenge [...]

Thanksgiving is Always in Season

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Most school children would probably say that Thanksgiving dates back to the Pilgrims at Plymouth as early as 1621. By the late 1660s, it had become traditional to hold a harvest festival in New England. President George Washington declared the first nation-wide thanksgiving in 1789 as a day of public thanksgiving and prayer to be [...]

Vermont Real Estate Sales Look Bright in 2011

Chittenden County Average Home Sale Prices

Vermont real estate values were not immune to the economic recession of 2009, but sales continue to recover this year. Despite a roller coaster of changes in consumer confidence and the national real estate market over the past seven years, property sale prices in Chittenden County had a net increase of 27.3% during that time period. Lake Champlain real estate turned out to be a safe investment, even through the financial crisis.

In talking to my clients and colleagues, I have found that Vermont buyers and sellers are becoming more confident in the market day by day, and are really starting to negotiate and do business again. I am very excited about the 2011 real estate market. I look forward to meeting new buyers who are once again following their dreams of owning property in Vermont.

Recently, I worked with a young family from Massachusetts. They had always had Vermont in the back of their minds as an ideal place to settle and eventually retire. What may have seemed like a far-off dream soon became a reality once they took action. After years of imagining, it only took four months and a few visits to decide to buy property now. A great choice of inventory, favorable interest rates, and some creative financing made the journey to closing a smart choice. With two kids just heading off to college, this couple has many years to enjoy their new property as a second home before retiring here. Why waste any time? There is so much of Vermont and Lake Champlain to explore and enjoy right now!

Chittenden County Average Home Sale Prices

Lakefront Property at its Best...Take it from a Survivor!

Harbor Island, Grand Isle VT

Harbor Island, Grand Isle VT More than any other property on the market right now, Harbor Island in Grand Isle reminds me of the awesome, life-changing experiences I had on Survivor. I felt lucky being invited back to participate in Survivor All-Stars. Imagine the lifetime of adventure and enjoyment that awaits the buyer of this unique island property.

This four-acre island in Lake Champlain is connected to the shore by a causeway, offering a year-round living opportunity. With over 1650 feet of private lake shore including beaches and docks, summer will be blissful. An Adirondack-style home with large porches and stunning 180-degree views of the Green Mountains provides a cozy retreat in wintertime.

Kathy Competes in the Final Challenge Northern Vermont and Lake Champlain have so much to offer. Downtown Burlington, where you will find fine dining, shopping, and theater on the Church Street Marketplace, is only 30 minutes away from this private island retreat. Traveling north, you could be in Montreal in an hour. Both Burlington and Montreal offer easy airport access for business travel or inviting guests to your new home. Don't miss this unique opportunity. Let me show you this amazing property and maybe you can invest in your own Survivor experience!

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