Like you haven’t heard enough about it. But, just in case one of you out there all of a sudden decided to buy a house (hey, people buy when THEY are ready), this sweet deal is about to disappear. I’m not going to go explaining it all over again (please go to; http://www.realtor.org/home_buyers_and_sellers to get all the details). The deadline is April 30. But, if you are highly motivated to find a home you want to buy, whether it’s in Williston Vermont, Wallingford, or Winnetka Illinois, you could still do it.

First, you won’t be able to do this if you are a repeat buyer and you have a home to sell for obvious reasons, unless you can afford to buy another home without selling yours first. So, you’ll need to run, not walk, to a lender who is very familiar with all the different lending programs; VHFA (for Vermont real estate), FHA, VA, and conventional loans. You’ll need to get a quick pre-approval as well as reasonable assurance that the loan of choice is going to have good odds of closing by June 30.

Time is running out for the $8000 home buyer tax credit

Of course, the bigger problem is getting a deal signed by April 30. That’s where I (and other buyer agents) come in. You’ll need to stack the deck in your favor by joining forces with a buyers agent who is going to spend quality time to help you find and visit the homes you want to see up close.

Once you find THE place, you’ll want help in structuring the offer based on comps, market conditions, and certain conditions (contingencies) that make sense for a particular property. The idea here is to be able to buy at the lower end of the price range without killing the deal with unreasonable offers.

Then, it’s off to the races after reaching an agreement (signed contract). The closing process can be smooth, or not. Again, a buyer agent can oversee this phase of the transaction to avoid any unnecessary delays. My point is there is no time to waste at any point in the buying process.

The question remains, what happens if you miss this boat? Will life go on, just like it did after Y2K? An $8,000 credit is nothing to sneeze at, but like we all know in the business, people buy whenever THEY are ready, not when some program says to. At sunrise, May 1, 2010, there will still be an ample supply of homes to choose from, prices will still be benefiting buyers after 2 years of gradual declines (No, not lake front!), and mortgage rates will still be south of 6%, which is really a very good rate historically. However, years from now, there will be those people who brag at barbecues that they got a great deal on a home, plus $8,000 free and clear from Uncle Sam, and are now living the American dream..right Ryan?

It’s amazing, the mercury has been in the 60′s for two days here in Williston Vermont and the real estate market is abuzz! What is everyone calling about? Land of Course. Maybe it’s a cruel joke conducted by some Realtor-hating loony that wants to see us trudge through thick Vermont mud in our finest business casual wear .  Maybe it’s because buyers are dying to see what’s been hiding under all that snow for the past 6 months. Maybe people want to see what the view looks like before it’s awash in green and mosquitoes.

Either way, any seasoned Realtor in Vermont knows to keep a pair of mud boots at the office this time of year; which happens to be one of the busiest times of the year for Vermont Real Estate.

One piece of property we have been getting an exceptional amount of calls on is this new listing in Williston VT.  This beautiful 91.41 acre lot off South Road in Williston is just the type of land you want to be sloshing around in this time of year.  Hilly, great views (without all those pesky leaves), and great spring smells.  This land is not going to sit around for long.  At $229,000 it comes in at just over $2,500/acre. That’s a crazy low price for any type of Williston Vermont Real Estate. Check it out for yourself. Here is a link to some land listings in Williston Vermont for your comparison.

Enjoy the weather while it lasts. It’s April people, it could snow next week!

Well, summer is finally in full swing (kind of), and summer in Vermont is Real Estate season. The phones are ringing again and our cars are getting a welcomed workout.  In fact, things got so crazy around here that the Omega Real Estate team has added a new member.

We are proud to welcome Buyer Specialist, John Sortor, to Omega Real Estate Associates’ team.  Having enjoyed a diverse career in financial services (insurance and retirement planning), John has parlayed his experience into a successful real estate career.  Since 2006, he has specialized in the residential market as a buyer’s agent, and enjoys helping first time and experienced homebuyers navigate the ever-changing landscape of buying a home.

John spent his formative years outside of Boston, Massachusetts, graduated from Colby College in Waterville, Maine, and has lived in Vermont since 1993. Outside the marketplace, John enjoys the time with his wife, Denise, and two daughters, staying healthy through a variety of sports and home maintenance!

So enjoy summer while it lasts! Get out there and see some Real Estate. There are some amazing deals out there and we have just the man for the job…

Start your home or commercial property search at http://omegarealtyvt.com