Author Archives: Pike

Vermont Aboveground Storage Tank Rule

In the wake of tropical storm Irene, the State of Vermont promulgated new rules about above-ground fuel tanks. These rules are intended to protect public health and the environment by establishing standards for the design and installation of aboveground storage tanks, and the monitoring and reporting of fuel spills. Many thousands of gallons of fuel…

1-bedroom Burlington Riverwatch condo

299 Hildred Dr # 299 BURLINGTON, VT Freshly painted & carpeted Burlington condo w/ balcony and reserved parking. Very convenient location and easy to show!! Description Features Photos Map Walk Score Schools Calculator Share/Email 1BR/1BA Condo offered at $115,000 Year Built 1992 Sq Footage 670 Bedrooms 1 Bathrooms 1 full, 0 partial Floors 1 Parking…

Caroline Street Burlington House Fire

On Tuesday, December 27 at 6:37 am, the Burlington Fire Department responded to a 9-1-1 call for a fire in a residence at 110 Caroline Street. The first engine company arrived on scene within three minutes and met with the occupants of the residence and a construction worker who was the first witness to the…

Freddie and Fannie Regulation Effect Condo Associations

I read this on a local Shelburne Vermont forum this morning: Thought I would pass this one on to anyone in a “Townhouse or Condo Association”! We just found out that Fannie Mae and Freddie Max passed new laws last fall which affect anyone in a condo situation. If anyone in the association owns more…

Vermont Common Interest Ownership Act

When buying a condo in Vermont you have the right to review documents relating to the association you are buying into. These documents include financial data, and legal status. The full text of the Act is below. § 4-109. Resales of units. (a) Except in the case of a sale where delivery of a public…

Home values abouth the same as 10 years ago.

Yesterday NPR reported that home prices fell in February. Planet Money had some fun with the index and set the charts to song: Case-Shiller Index sung as opera. It was interesting to hear that despite the boom and bust, home prices are now pretty close to what they were in

New Water Testing Legislation

Bill S.77: An Act Relating to Water Testing of Private Wells passed the Vermont Senate on April 7th. The act originally dictated that home sellers with private wells would need to test and disclose prior to sale of the home. Fortunately this language was removed after consultation with the Vermont Association of Realtors. Now sellers…

New Private Road Maintenance Legislation

Though state representatives recognize that “Vermonters have a long history of working together to share the costs of maintaining private roads,” they still feel the need to codify how costs shall be shared by homeowners who don’t have a written agreement. One reason for codification is greater pressure from the secondary mortgage market. The bill…

Saving Money with Homebuyers Tax Credit and VA Home Loans

  Saving Money with Homebuyers Tax Credit and VA Home Loans Civilian first-time buyers are no longer able to receive tax credits for their first-time home purchases; however, active duty service members may still be eligible. To aid those who have recently served overseas, Congress has granted a one-year extension on the homebuyers tax credit…

I’m now a SmarterAgent

While a good idea in theory, SmarterAgent may actually send prospects to your competitors.

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You can reach Pike at 802.233.2600 or pike@castleporter.com.

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