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Vermont Real Estate

Coldwell Banker Hickok & Boardman Realty is a full service Burlington Vermont real estate company providing home buying or home selling services, Relocation services to or from Vermont, and rental assistance to tenants and landlords. Our Concierge Home Services program assists home sellers with preparing their property for sale and also provides our clients with access to a network of Vermont home service providers. We have a more than 55 educated and experienced Vermont real estate agents from which to choose, combining the strength of a prominent national organization, like Coldwell Banker, with the local expertise of a leading Vermont real estate company, Hickok & Boardman. If you want to buy a home in Vermont, sell a home we are large enough to meet your needs, yet small enough to provide the excellent, personalized real estate service you deserve.

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First Time Home Buyer Tax Credit Extension

First Time Home Buyer Tax Credit Extended & Expanded to Include Repeat Buyers



The first half of 2009 certainly saw an increase in first time buyers entering the Vermont real estate market. In fact, 53% of the buyers Coldwell Banker Hickok & Boardman has worked with this year indicate they were first time home buyers. Just two years ago that number was 30%.  We believe this is just one indication that the tax credit was successful in motivating and, in some cases, making it possible for someone to purchase their first home.  

Tax Credit Extended
In early November, President Obama signed an extension of the first time buyer credit. In addition, the new bill included a much anticipated expansion to cover repeat buyers who are looking to down-size or move up.
First Time Buyers
First Time Buyers
Highlights of the bill include:

  • First-time homebuyers, or those who have not owned in the last three years, can receive up to an $8,000 tax credit
  • Homeowners who have lived in a current home consecutively for 5 of the past 8 years can receive up to a $6,500 tax credit
  • There will be no future extensions, so all qualified homebuyers are urged to act and have a written, binding contract by April 30, 2010 (close by July 1, 2010) 
  • Income limits are now $125,000 for singles, $225,000 for married couples

The National Association of Homebuilders has created an easy to navigate website that will help Vermont home buyers understand the details of the first time buyers tax credit as well as some answers to frequently asked questions for the "repeat buyer".

For more information on the tax credit go to www.FederalHousingTaxCredit.com