Vermont

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Various Native American tribes like the Paleo-Indians were known to have inhabited the modern-day Vermont starting at least 12,000 years ago. The main contemporary tribes for the area around the time of the arrival of the Europeans were the Abenaki, Mohican, Pennacook, and the Pocomtuc tribes. The Abenaki and the Mohican are specifically known for their arrow and bow technology, trade networks, ceramic and distinguished villages. The Iroquois would later succeed the earlier tribes and as they found the area to be a good hunting area.

Jacques Cartier was the 1st European to set foot on this land in 1539. Samuel de Champlain, a French explorer, would later declare this region as part of the New France in 1609, and Fort Saint Anne was built fifty-seven years later.

The British expressed interest in the territory and built the Fort Dummer during the Dummer’s War. The French built Fort St. Fredrick with the aim of protecting the region from the British annexation. In 1754, the French and Indian War broke out after which the French lost control of the territory to the British, marked by the 1763 Treaty of Paris. In 1777, the territory was granted independence as the Republic of New Connecticut but was changed to Vermont six months later.

The state remained an independent state for 14 years before joining the United States of America and its one of only four USA states that were sovereign states before joining the US. During this independence, it became the first state to abolish slavery allowing other American Slaves free passage to escape to Canada using the Underground Railroad. On March 4, 1791, with about 90,000 people, Vermont became the 14th state to be admitted to the US. This state is the 45th largest in the country as it covers an area of 9,614 square miles. Also known as The Green Mountain State, it hosts about 700,000 people calling it home making it the country’s 2nd-least populous US state. Even Burlington, the largest city in the state, ranks as the least populated of the biggest cities amongst the fifty US states. This state is guided by its official motto; Freedom and Unity and has Gold and Green as the state’s official colors.

The state is located in the eastern part of the United States. Its immediate neighbors are the states of Massachusetts, New Hampshire, and New York and the country of Canada as well. VT falls under an area known as New England states and has various natural resources such as the sixth largest US freshwater body, Lake Champlain, on its border with the state of New York and the Connecticut River on its border with the state of New Hampshire. 75% of the state is forested, and it has five distinct physiographic regions with unique physical and geological attributes. The areas include Green Mountains, Champlain Lowlands, Northeastern Highlands, Vermont Piedmont, and Champlain Lowlands. Although the origin of the state's name is uncertain, it is likely that it come from the French phrase ‘Les Verts Monts’ that means the Green Mountains. The climatic condition here is humid continental climate with mild early summers, muddy springs, cold winters, and colorful autumns.

Beautiful preserves such as the Missisquoi National Wildlife Refuge are entirely located within the state's borders. The delta of the Missisquoi River, which flows into the Missisquoi Bay, is within this park providing refuge for migratory birds such as the waterfowl. The Green Mountain National Forest is a famous destination for many with activities such as hunting, fishing, picnicking and hiking. The Marsh-Billings-Rockefeller National Historical Park attracts many due to its beautiful landscape, hemlocks, and sugar maples. The Robbins and Lawrence Armory and Machine Shop preserve the architecture of American industry in the 19th century. Mount Independence is known for its various forts built during the American Revolutionary War. Other areas worth a visit include; Appalachian National Park and Scenic-Trail and the famous White Rocks National Recreational Area among many more others.

The city of Montpelier serves as the state's capital and is named after Montpelier in France. This city is known to be the least populous capital in the country. It has developed as a manufacturing center boosted by the Central Vermont Railway. Although Montpelier has no public airport, it is worth noting that other forms of transport are well connected with major highways such as the I-89 passing through it.

Various private and public schools cater to all the educational needs of the residents here. UVM, located in the city of Burlington, is the largest public University in this state. This university is among the United States’ oldest universities and is known for its comprehensive research programs. The Norwich University, located in the city of Northfield, is the major private university here.

This is a sporting state with winter sports like skiing and snowboarding being the most popular attracting tourists to the state with major sites being Burke Mountain Ski Area and The Quechee Club Ski Area among many others. Even though the state does not host any professional or major league sports franchises, it does host various sporting events year round. The most notable team is the VT Lake Monsters affiliated to the MLB Oakland Athletics baseball team. Collegiate level sports are also represented by the UVM Catamounts competing in the NCAA Division I. Auto racing enthusiasts have been catered for as there are various racing tracks such as the Thunder Road International SpeedBowl and the Devil’s Bowl Speedway. The major races in this state include the NASCAR Whelen All-American Series and the American Canadian Tour.

The culture and heritage of this state are preserved through various museums and festivals. The Abenaki Indian Museum explores the history of some of the Native American tribes that inhabited this state and stocks artifacts and collectibles. The American Museum of Fly Fish is dedicated to the history of the fishing industry and houses various reels, rods, photographs, arts as well as written literature. The Bennington Museum has various displays of furniture, glass and fine art from some of the best artists in the state. The American Precision Museum has been listed as the oldest factory of its kind in the United States. Other museums include the Barnard Historical Society Museum, the Adam’s Grist Mill Museum and the Goodwillie House Museum.

Though the state experiences all Four Seasons, Winter is popular time which is celebrated with such events as the Stowe Winter Carnival that features zany sports, block party and ice carvings from some professionals in this state. The Strolling of the Heifers Parade & Festival has been ranked as one of the top summer events in the state and features a parade complemented by live entertainment. Other major events include; All Species Day Parade and Spring Pageant, Burlington Discover Jazz Festival, and the Lake Champlain International Fishing Derby.

The major players in the economy here include insurance, tourism, real estate, manufacturing, health, agriculture and the state is the primary producer of maple syrup in the country. The largest private employers include; IBM, the Fletcher Allen Health Care, Shaw’s Supermarkets Inc., Okemo Mountain Resort, C & S Wholesale Grocers Inc., Chittenden Bank, Killington Grand Resort, UVM Medical Center, Mount Snow Resort, Rutland Regional Physician Group, Grand Summit Hotel, Stratton Mountain Resort, Jay Peak Resort, and Real Estate Agencies like Four Seasons Sotheby's International Realty, and Adam Palmiter Realty.

When buying or selling a house here, the real estate closing agent will typically use a Warranty Deed, Quitclaim Deed, or Fiduciary Deed to convey the title of the property to the new owner. For the deed to be legally valid, the document must include the property’s exact legal description, which usually comes from language within the property’s original survey. This state primarily follows the Public Land Survey System (PLSS) methodology when surveying the properties. Since this state used to be part of the early organizing years of the USA, it primarily follows the old English real estate surveying method of using Metes and Bounds to legally describe the property.

If you aren’t paying cash for the home and are instead getting a loan to buy the real estate, then understand that this state is primarily a lien theory state. This just means that the raw title of the property will remain as collateral until the lien is ultimately paid off. The most common document that is used here to secure the lender’s interest in the title is called a Mortgage.

If for some reason the borrower cannot repay the home loan, then the lender must go to court and start a judicial foreclosure which typically takes about 95 days to complete so long as it remains uncontested. During this process, the mortgage company’s attorney will also typically file a lis pendens against the property so that the public is made aware of the pending foreclosure. Once the judge rules in favor of the mortgage company, then the court will issue a final judgment of foreclosure and the property will either revert back to the bank or will be awarded to the highest bidder at the foreclosure auction. The laws that pertain to the foreclosure process here are mostly found in Vt. Statutes Title 12, Part 9, Chapter 163, Subchapter 6 .

However, if you are a landlord that needs to evict a non-paying tenant, then you would need to reference the Vt. statutes of Title 9, Chapter 137 instead. Whereas if you are looking to become a real estate agent, then you would just deal directly with the Vt. Real Estate Commission, which oversees all the licensing of the agents and most of the implementation and enforcement of the Vermont Real Estate Laws. Amongst other things, the main requirements to get a real estate license here would be to be at least 18 years old, complete at least 40 hours of approved VT real estate courses, successfully pass the written state exam, pass certain criminal background checks, be sponsored by a licensed Vt. real estate broker, and pay the various required licensing fees.

With all the rich culture, access to great winter sports, numerous annual events, low population density, low crime rate, and abundance of fresh air, it’s no wonder why living in this state is highly desirable and so many residents love to call it home. Speaking of homes, if you happen to have one that you would like to sell, then we would be honored with the opportunity to purchase it from you. If the speed of selling your home is your concern, have no fear because we can close escrow very quickly. In fact, if you had only contacted Finally Sold ten days ago, your home could have already been Finally SOLD by now.

 

Some of the counties where we purchase properties in this state are: Addison | Bennington | Caledonia | Chittenden | Essex | Franklin | Grand Isle | Lamoille | Orange | Orleans | Rutland | Washington | Windham | Windsor.

At Finally Sold, we buy most all single family homes in their as is condition. If you happen to have a property that you would like to sell, make sure you call us or fill out our short online form so that you too can once and for all get your property Finally SOLD!

Finally Sold is a national real estate investment company that specializes in helping homeowners sell quick for cash. We are not Realtors® or a real estate agency. We instead purchase houses and real estate for our benefit. No 'Agency' is created when selling a property to us. We are an Equal Housing Opportunity Provider. We do business in accordance to the Federal Fair Housing Law. One or more franchisees of Right Now Capital, LLC and the Finally Sold Brand may be licensed real estate agents.