Vermont Foreclosures Rise Across All Counties

Vermont foreclosures offer a great opportunity to both buyers and investors who currently have the means and the will to buy real estate in Vermont right now. The state of Vermont, which has till date managed to keep the number of its foreclosures quite low compared to most other states, has finally managed to garner a high enough inventory of foreclosed properties that will offer buyers both choice and variety. Apart from this, the growing number of Vermont foreclosures has managed to create a market which favors the buyer more than the seller.

Vermont foreclosure properties can be acquired for discounts ranging from 10% to 30% easily. In places like Orange County, the discount could be considerably more, because a high inventory of foreclosures with banks and lending institutions are forcing them to sell fast and cut their losses instead of holding on to their foreclosed acquisitions.

The main reason why Vermont lags behind a number of other states when it comes to the total number of foreclosures is that most people have been provided with prime loans, instead of sub prime loans, which have been the major cause of high foreclosures in the country.

However, this does not mean that there is a dearth of foreclosed properties to invest in and prime Vermont foreclosures are available in counties ranging from Washington to Rutland and Windham to Windsor. Good websites featuring the latest foreclosure listings can lead you to some of the best foreclosure properties in the state.

Thousands of foreclosed properties are available with banks and lending institutions. Apart from this, there are an ample number of pre-foreclosure properties too that have been put on the market. The counties offering the highest number of Vermont foreclosure options are Washington, Windsor, Rutland, Chittenden and Franklin. Prime foreclosure properties are also available at a fraction of their real value in Addison, Caledonia, Bennington, Essex, Grand Isle, Lamoille and Orange.

Vermont Foreclosure Becoming Popular Among Buyers and Investors

One of the newest commodities to come onto the real estate market in Vermont in big numbers are foreclosure homes, and the subsequent interest by buyers and real estate investors has since followed. Vermont foreclosed homes are very attractive investment opportunities to a wide range of buyers, mostly because they offer the chance for extremely discounted purchase at auction and through special sales. Since Vermont foreclosures are the result of repossessions by lenders, they are often sold off for anywhere up to 50% below their actual market value simply to retrieve the debt lost on the loan provided. As a result, many investors hunt Vermont foreclosure listings to great gains, as they save on purchase and provide an extra margin for investment on future sales.


Vermont forclosures are currently soaring at very high levels, thanks to the proliferation of adjustable rate mortgages and subprime borrowing that happened within the past decade. With high concentrations in desirable, populated areas like Burlington and Rutland, buyers are finding a wide array of properties, both for their own primary residences and for places to rent until the market turns around and profit can be made. The key is to get a good loan that you can afford to pay off until the market turns around.
If you're interested in buying Vermont foreclosures either as a new family home or for a vacation or investment property, it's certainly worth investigating, since no other form of real estate in the state offers the same chance for discounts. Explore Vermont foreclosure listings today and see what's available to learn more.