Betsy Gregory Realtor

05/25/2026

Memorial Day might be the kick-off to summer, but more importantly it is the day to remember and honor those fallen soldiers who gave their lives to protect our democracy.

06/03/2025

NVRA Golf Tournament!

05/04/2025

Come join me at my Open House at 261 South Prospect St from 12-2!

11/29/2024

10/23/2024

A fine balance of life, love, play and work.

06/21/2024

As of August 1, 2024, significant amendments to the Vermont property transfer tax will come into effect, altering the landscape for buyers in the residential real estate market.

1. Increased Tax Rate for Non-Homestead Properties:

For certain residential properties that will not serve as the principal residence of the buyer, the property transfer tax rate has been significantly increased. The previous rate of 1.25% has now been elevated to 3.4%. Additionally, these transactions are subject to an increased clean water surcharge, bringing the total tax rate to 3.62%. This change applies to the entire purchase price of residential property that is fit for habitation on a year-round basis, will not be used as the principal residence of the purchaser and will not be a rental property requiring the purchaser to provide a landlord certificate.

2. Adjustments for Principal Residences:

For properties intended to be used as the buyer’s principal residence, there are notable benefits:
The transfer tax will be imposed at a reduced rate of 0.5% on the first $200,000 of the property's value, up from the previous $100,000 threshold.
For values exceeding $200,000, the tax rate will be 1.47%. This rate includes the increased clean water surcharge.
Moreover, if the purchaser secures a purchase money mortgage partially funded by a homeland grant through the Vermont Housing and Conservation Trust Fund, or if financing is obtained through the Vermont Housing and Finance Agency (VHFA) or the U.S. Department of Agriculture and Rural Development, the first $250,000 of the property's value will be exempt from the transfer tax. Beyond this amount, the rate of 1.47% applies.

3. Clean Water Surcharges:

The clean water surcharge, previously set at 0.2%, has been increased to 0.22%. This surcharge applies to the value of the property exceeding the new $200,000 principal residence thresholds mentioned above. However, principal residences benefiting from the aforementioned financing options will be exempt from this surcharge up to the initial $250,000 value.

05/01/2024

1A Live with Jenn White

03/20/2024

VERMONT❤️

03/13/2024

One of the best things of living in Vermont is bumping into old friends when skiing in spring conditions!

02/17/2024

Vermont is an inspiration for outdoor activities !