by Mark Chaffee | Aug 15, 2013 | Uncategorized
The way Vermont Property Taxes are calculated is confusing and complicated. In a nutshell, property bills have a property tax amount that includes both the Town’s tax and the State Education tax. There is then a calculation to determine if the property owner...
by Mark Chaffee | Jul 19, 2011 | Uncategorized
It used to be fairly safe to tell buyers that the maximum contribution that a seller could make toward the buyer’s closing costs was 3%. Unfortunately, this is no longer the case. Here’s where we currently stand: FHA is 6% regardless of down payment....
by Mark Chaffee | May 9, 2011 | Uncategorized
Are you thinking about becoming a landlord? The number one question for prospective landlords is how to finance such a purchase. Typically, non-owner occupied one through four unit properties are considered ‘conventional’ loans by most Lenders,...
by Mark Chaffee | Mar 31, 2011 | Uncategorized
If you are saving for a new home, you may feel that it will take you forever to come up with the cash necessary for the down payment and closing costs. Before you delay your purchase any longer, make sure you check into the latest low down and no down mortgage...
by Mark Chaffee | Feb 18, 2011 | Uncategorized
Did you know that nearly 40% of all borrowers have a credit score that is too low to obtain traditional mortgage financing? The good news is that Mortgage Financial now has a system in place that allows borrowers to obtain a step-by-step outline on how to maximize...
by Mark Chaffee | Feb 3, 2011 | Uncategorized
Credit scores still confuse and frustrate many consumers, according to a study by the Consumer Federation of America. “Despite all the news coverage about credit scores over the past year or so, many consumers still do not understand important facts about these...
