second homes in vermont: How To Live In Small Spaces - 08/30/09 09:55 AM
Finding ways to deal with small spaces in your new South Central Vermont home can be tricky. Everyone likes the place they call home to be somewhere they can kick back and relax. However, it is hard to relax in areas that are cluttered and uncomfortable. Strategic interior design can make a big difference when dealing with small living spaces. Colors, lighting, organization, and décor can make spaces appear smaller or larger. Here are some solutions to make your South Central Vermont home look and feel cozier. 
Organization is the first thing to be conquered when transforming a small living space. Getting rid of clutter … (0 comments)

second homes in vermont: Just Listed! 4 Bedroom, 3 Bath - 21.46 acres, plus a Covered Bridge! - 05/18/09 08:58 PM
This 4 bedroom, 3 bath, mint condition house comes on 21.46 acres with it's own Covered Bridge, Pond and approx 1500' of frontage along Mill River.  There is a barn, sugar house, shed. The barn is 40x90 with electric throughout. Aside from a fireplace and woodstove, you will also find a Great Room and Family Room - Plenty of room for the family and all the friends. Close to Jackson Gore and Okemo, across from the Green Mountain National Forrest and minutes from the VAST Trail.  For Pictures please go to http://isellvermontrealestate.com, if you want a tour of the land, e-mail:  … (4 comments)

second homes in vermont: Just listed in Chester Vermont - MLS#2904562 - 05/01/09 12:05 AM
Space and Sunshine
 Chester -  Fabulous  3 bedroom, 2 bath, open floor plan contemporary in one of Vermont's favorite towns.  Many upgrades within past year including: kitchen, baths, flooring and all new windows and doors.  Close to skiing - beat the Sunday traffic home from Okemo!  $385,000.00
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second homes in vermont: Is My Okemo Mountain Second Home Tax Deductible - 02/07/09 07:20 AM
Is My Okemo Mountain Second Home Tax Deductible?
This is the season when Okemo Mountain second homeowners are wondering just what second home expenses can be deducted on their federal income taxes. The best way to share this information with you is to share with you an article from Kiplinger.com. This should answer all Okemo second homeowner questions:
Tax Rules for Okemo Mountain Second Homes Learn how mortgage interest, property taxes, rental property and tax-free profit affects your tax return. December 2008

Mortgage interest. If you use the place as a second home -- rather than renting it out as … (0 comments)

second homes in vermont: Buying Okemo Vacation Home - 02/01/09 08:22 AM
Everyday life can get crazy at times, many people fantasize about running off to their own personal retreat right here at Okemo. But how do you know which Okemo vacation home is best for you?
Choosing a location
Do you want to be in the middle of a all the activity, or enjoy the peace and quiet of a secluded location?  Is a condo at the mountain your cup of tea or a farmhouse tucked away in the woods? Whichever environment you prefer, here are some things you should consider:
Popularity.  A house in a hot vacation market will usually cost … (1 comments)

second homes in vermont: Should I Move Up To A Larger Ludlow VT Home? - 02/01/09 08:18 AM
Should I move up to a larger home is a question many Ludlow VT homeowners are asking.  The questions below will help you decide whether you're ready for a home that's larger or in a more desirable location. 
1. Have you built substantial equity in your current home? 
If you have owned your Ludlow VT  home for a number of years you might have built up some equity. Look at your annual mortgage statement or call your lender to determine your loan balance. Then give me a call to determine your home's market value. The difference between your loan amount and market value is … (0 comments)

second homes in vermont: Okemo Mountain Second Home Tax Breaks - 01/17/09 11:34 PM
Okemo Mountain Second Home Tax Breaks
If you are in the market for a second home, congratulations! Not only is Okemo Mountain a great place to ski and relax, you also can garner some tax benefits. Here are some tax breaks as spelled out by Kiplinger.com:
Mortgage interest. If you use the place as a second home -- rather than renting it out as a business property -- interest on the mortgage is deductible just as interest on the mortgage on your first home is. You can write off 100% of the interest you pay on up to $1.1 million of debt secured by … (3 comments)

second homes in vermont: 5 Reasons To Buy Okemo Mountain Vacation Home - 11/14/08 08:32 PM
5 Reasons To Buy Okemo Mountain Vacation Home
With the stock market in turmoil, many people are looking for alternative investments. Most of us are scared to death of jumping into the market right now and wondering what to do with their nest egg...other than sticking it under the mattress.
Christine Karpinski, director of Owner Community for HomeAway.com (an online vacation home rental marketplace) and author of How to Rent Vacation Properties by Owner, 2nd Edition: The Complete Guide to Buy, Manage, Furnish, Rent, Maintain and Advertise Your Vacation Rental Investment, says buying a vacation home is an excellent home is … (2 comments)

second homes in vermont: Okemo Mountain Real Estate: Is Cobuying A Second Home for You? - 10/30/08 11:33 PM
Okemo Mountain Real Estate: Is Cobuying A Second Home for You? 
Craig Venezia is a nationally recognized expert on home mortgages, and the author of Buying a Second Home: Income, Getaway, or Retirement. Second-home ownership in Okemo Mountain is more popular than ever due to such factors as the shrinking American family, older and wealthier households, and new technologies for working from home. One out of every three homes purchased in the United States today is a second home.
If you dream of owning a second home, but realize it isn't in your budget at the moment, cobuying an Okemo Mountain second home … (0 comments)

second homes in vermont: Making Your Ludlow VT Home More Appealing To Buyers - 09/18/08 07:28 AM
Does your Ludlow VT home have a façade only a homeowner could love? Selling a home can be an emotional experience, and people can lack objectivity when it comes to their own abode. Presenting a home in its best light is always important, but it's imperative in our current competitive real estate market. 
Professional advice and assistance can make the difference between "Wow!" and "Whaaa?" - a recent industry study found that staged homes sold for 6.9 percent more than homes that were not staged. Another study compared listing times before and after staging.
Homes that had first been offered for sale without … (3 comments)

second homes in vermont: It's Easy Being Green With Okemo Mountain Real Estate - 09/04/08 08:40 AM
Not so long ago helping the environment meant recycling plastic and newspapers, but today it has evolved into "green" thinking and extends to our Okemo Mountain real estate, homes and living environments. 
According to a recent NAR survey, nine out of 10 Realtors® said their clients are interested in energy efficient features of green homes and the potential cost savings of such features. An overwhelming 90 percent agreed there will be even more interest in green building practices a year from now. 
Results of a Harris Interactive poll by Move, Inc. show potential home buyers consider "green" building features more important … (2 comments)

second homes in vermont: Okemo Mountain Real Estate: Is Renting Your Vacation Home For You? - 08/22/08 09:15 PM
One of the biggest decision Ludlow and Okemo Mountain second-home buyers must decide is whether or not to rent their property when they are not using it. According to the U.S. Census Bureau, one-half of all second-home owners leave their home unoccupied for more than 330 days a year. The question becomes, will your vacation home be a financial burden or a financial cow with the rental income is can generate, thus paying for itself
Renting does have its pros and cons. Some owners don't like the idea of ‘strangers' in their home. Others don't want the hassle of being a landlord, especially … (3 comments)

second homes in vermont: Okemo Mountain Real Estate: Second-home Sellers Pay For Tax Credits - 08/07/08 06:48 AM
Okemo Mountain Second-home Sellers Pay For Tax Credits
You have probably heard, last week President signed into law the Housing Rescue and Foreclosure Prevention Act. This is the most comprehensive housing bill to be enacted in over a decade. The bill is designed to help more buyers of Okemo Mountain real estate realize their dreams, as well as, boast the struggling housing and mortgage markets.
One of the biggest benefits, and probably one of the most talked about provisions in this legislation, is the $7,500 tax credit to first time home buyers. Tax breaks are all well and good, but they have to be … (0 comments)

second homes in vermont: Ludlow VT Real Estate: Home Sweet Second Home - 07/17/08 09:51 AM
Summer has turned many people's thoughts to second homes and Ludlow VT vacation homes.  Unfortunately, though, encouraging statistics about the Ludlow VT vacation home market have been muffled under some of the negative news about the current economy and housing market.
According to the National Association of Realtors' 2007 Investment and Vacation Home Buyers Survey, second-home sales accounted for one-third of all existing and new-home sales in 2007.  A large portion of those purchases were vacation homes.  So - why do families buy these "homes away from home?"  The survey found that several factors go into the decision to buy a … (2 comments)

second homes in vermont: Time for a Vacation Home? - 03/19/07 07:04 AM
Pros and Cons of a Second HomeBuying a second home is a big step and likely your second most valuable investment. Never rush into a second home purchase. You need to consider it over time. Determine how much use your vacation home will get and how it can fit into your finances.Don't forget to double everything. Buying a vacation home means that you will not only have two mortgages, but two property tax bills, water bills, fuel bills etc. Two homes mean more maintenance, including two plumbing and heating systems, septic systems, and roofs. And if something breaks down in your … (0 comments)

 

Irene Gaffigan

Broker, CRS, e-PRO

Ludlow, VT

More about me…

Bean Group

Address: 36 VT Route 30, Bondville, VT, 05340

Office: 8004507784 ext 7442

Mobile: (802) 353-1983

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Looking To Buy or Sell? Discover the Best in South Central Vermont Real Estate ,Okemo Mountain Real Estate, Rutland and Killington Real Estate from Irene Gaffigan, Associate Broker, Lang McLaughry Spera Real Estate


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