All Posts in Category Buying a Home

Family gathered at a kitchen island in a bright, well-designed home, reflecting everyday living and the shift toward comfortable, functional spaces that support modern lifestyles

Downsizing vs. Rightsizing

Which is which in Vermont’s real estate market? The truth is, both reflect the same shift. People are no longer buying based on how much space they can afford. They’re buying based on how they want to live. “People want simple, easy and inexpensive homes,” says Laurie Hill, a mortgage loan officer at Spruce Mortgage…

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An Agentreviewing-documents with a first-time home buyer

First-Time Home Buyer Glossary

Buying a home introduces new terms that shape financing, contracts, and timelines. A clear understanding of terms like pre-approval, appraisal, and closing costs helps a buyer make informed decisions, communicate effectively with a Realtor®, and avoid delays during the transaction. Representation & Agency Terms AgencyThe relationship in which a Real Estate Agent represents a client…

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An Agent tour home for sale with a client

Vermont First-Time Home Buying FAQs

Financing & Closing How much do I need for a down payment? Most buyers do not need 20% down. Many Vermont loan programs allow 3%–5% down, and some buyers may qualify for 0% down options. The best way to understand your options is to speak with a lender and get pre-approved before starting your search….

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Closing Costs

Closing costs are a part of every real estate transaction — for both buyers and sellers. While the exact amounts vary depending on the property, financing, and terms of the agreement, understanding what to expect can help you plan ahead and avoid surprises. In Vermont, closing costs are outlined in your Purchase & Sale Agreement,…

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