Why We Love Buying Vermont Land in Cash

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Why We Love Buying Vermont Land in Cash

Bart Waldon

Nestled in the picturesque New England region of northeastern United States lies the scenic state of Vermont. Known for its rolling green mountains, quaint small towns, local farms, maple syrup, craft breweries and artisanal cheeses, Vermont offers a slice of rural living at its finest. Its natural landscapes provide plenty of recreational activities like skiing, hiking, fishing and more through the four seasons. With about 80 percent of its terrain covered in forest, one can easily find a private haven to reconnect with nature. No wonder the Green Mountain State’s rugged beauty and serenity attract millions of visitors and new residents each year.

Why Buying Land in Vermont is a Lucrative Investment

Beyond tourism, Vermont also appeals to real estate buyers looking for vacant land parcels as both lifestyle and investment purchases. Despite its cold winters, Vermont ranks high for best places to live in America for its quality of life, education standards, low crime rates and inclusive culture. The local economy churns a GDP of $35 billion through agriculture, manufacturing, healthcare and professional services. 

Major employers like IBM, GE Aviation and Keurig Dr Pepper provide jobs, while small businesses thrive due to community support for localism. With median household income rising and unemployment rates lower than national average, Vermont delivers socio-economic stability attractive to potential landowners.

Reasons to Buy Vermont Land in Cash

Let’s explore key reasons why buying land for cash makes for a smart investment in Vermont:

Affordable Prices 

Compared to other northeastern states, land prices in Vermont remain affordable to buy acres of vacant parcels. In the past decade, average land values rose just about 27 percent against steeper climbs in neighboring New Hampshire and Maine. As of 2022, an acre of vacant rural residential land sells for around $7,500 in Vermont. That’s 65 percent lesser than the U.S national median price per acre. For one to two hundred acres, buyers can find pricing between $15,000 and $150,000. The low property taxes add to Vermont’s appeal for land seekers on a budget.

Natural Resource Extraction Potential

Nearly 80 percent of Vermont’s 6 million acres is forested, presenting opportunities in logging, maple sugaring and wood product industries. The state ranks among the top 10 in U.S for maple syrup production. Extracting this all-American natural sweetener can fetch handsome revenues from retail and wholesale channels. Vast wooded lands also support timber trade in the local economy. Aspiring homesteaders or farmers can put deforested land to agricultural use. With abundant water resources and pasture scopes, livestock farming and specialty food farming are worthwhile avenues to generate income from raw Vermont acreage.

Recreational Asset for Tourism Revenues 

From hiking trails to ski slopes, Vermont’s plentiful nature access attracts millions of outdoor enthusiasts yearly. Buyers can turn their vacant plots into camping sites, adventure sports facilities or other accommodation rentals to profit from tourism spending. The state parks department also pays for private land easements to expand public recreational access. Alternatively, simply building a vacation home to enjoy the wholesome charms of pastoral Vermont is worthwhile too.

Scenic Beauty for Vacation Home Living 

Speaking of vacation homes, many land buyers grab the chance to customize designer houses amidst Vermont’s photogenic landscapes. Without congested metro areas, the Green Mountain State offers cleaner air quality and minimal light pollution to channel a relaxing ambience. Its quaint small towns overflow with historic architecture, community events and local crafts for immersing in regional heritage. From winter sports getaways to vibrant autumn landscapes, Vermont’s scenery dazzles through the year. Even retirees find Vermont's slower pace of life restorative to settle down in their golden years.

Lucrative Rental Income Potential 

Vacant land allows building residential or commercial structures suited for earning rental income. Within driving distance to major New England cities, Vermont makes for an appealing second-home destination for out-of-towners. Developing holiday cottages, bed-and-breakfast inns or retreat venues in picturesque natural settings can draw income by the seasons. The AirBnB trend has further boosted short-term rental prospects to monetize extra living spaces. As more urbanites seek occasional refuge from city life, Vermont’s allure for refueling nature stays looks promising.

Low Impact Development Prospects 

Another great incentive urging land buyers to Vermont is the ease of low impact development on vacant acreage. The local zoning laws here impose lesser regulations and permit requirements relative to other states. Prospective home builders or agricultural venturers thus enjoy more flexibility in site planning. You also escape the rigorous approval procedures and environmental impact mitigations applying around fragile ecosystems like wetlands or coastal areas. Thanks to Vermont’s progressive governance, small carbon footprint projects see faster execution.

Privacy & Seclusion in Rural Surroundings 

In our digital hyper-connected world, the longing for privacy and seclusion heightens by the day. What better refuge than rustic rural settings minus invasive urban eyes? Forested lands allow perfect off-grid hideaways to follow holistic lifestyles. For the more sociable buyers, quaint Vermont towns retain their cordial community vibes perfect for starting new chapters. Either way, Vermont lets one distance from the complexities of major metro bustles. The pristine environment, organic producers and overall laidback local culture nurture self-care routines aligned with wellbeing.

Cashing in on Prime Investment Opportunities 

Despite idyllic impressions of Vermont's pastoral life, make no mistake that its vacant land market attracts buyers purely for investment purposes too. Over the past decade, certain counties saw land values appreciate over 37 percent. Towns near ski resorts or those scenic highways best for developing tourist accommodation demand higher square footage prices. Prime parcels for building multi-family properties also lure real estate investors. Even agricultural lands promise good RoI for commercial animal farm ventures supplying the specialty foods industry. Regardless of intended land usage, buying one's acreage outright with cash resources maximizes returns on investment in Vermont's burgeoning property domain.

Why Cash Transactions Make Sense for Vermont Land Purchases

We just covered multiple strong motivations that position Vermont as a profitable landscape for land ownership. For buyers aspiring to secure their ideal vacant plot here, cash transactions provide maximal benefits over dealing through mortgage financing. Let’s examine why cash deals triumph for purchasing Vermont lands:

Faster Purchase Completions 

Land usually sells fastest when the buyer presents a cash offer during property negotiations. The seller receives their asking price upon closing without awaiting lender approvals that take 30-45 days. For competing buyer bids, cash payments frequently have an edge as people prefer instant payments with minimal red tape. Real estate brokers also push cash offers for the commission payouts on successful land sales. Hence, cash buyers have an opportunistic advantage to acquire listed properties faster.

Flexible Negotiation Scope 

Cash purchases allow great latitude to negotiate affordable pricing on Vermont land deals. Without strict budget ceilings imposed by lending institutions, buyer can bargain better discounts. Maybe the difference of a few thousand dollars that couldn’t fit a home loan amount can clinch the lot through cash savings. Sellers may also moderate tag prices to attract cash buyers evading bank loan procedures. Even offering just 5-10 percent above current list price can help seal satisfying deals using cash in hand.

Zero Debt or Interest Charges

Opting for mortgage financing incurs heavy penalties through interest fees on the borrowed capital invested into land acquisition. Expert lenders charge anywhere between 3.5 percent to 5 percent in annualized interest rates based on repayment period. Consider a $200,0000 land purchased through a 30-year home loan facility at 4 percent interest. By the end of the payment term, the actual cost with interest accrued totals around $315,000. Now imagine if one had $200,000 in cash savings to dispense without incurring any fees or cuts by percentage factors. The latter lets you gain full value on property investment through cash purchases.

Fewer Contingency Clauses 

Lenders scrutinize candidates through strict eligibility criteria before approving loans, imposing rigid contingency clauses along the way. If the mandatory inspections reveal problems violating the contingency terms, the lender can refuse disbursing the remaining amount. The buyer must then cough up the cash from their savings else risk losing initial deposit too. Cash buyers bypass such nasty surprises and penalties. They can waive additional contingencies to progress faster through the transaction pathway once initial purchase agreement seals.

Enhanced Financial Returns 

Without waiting decades to clear mortgage dues, cash buyers own full rights over their Vermont land right from day one. Consequently, any income generated from the property through recreational business, resource extraction, real estate sale etc. delivers direct profits without sharing lender cuts. Cash owners can utilize the financing options if needed post-purchase to fund property development initiatives augmenting income flows. Essentially, transacting land deals in cash sets up ideal stepping stones to build wealth efficiently.

Final Thoughts

Whether you seek privacy away from the grid, a scenic future retreat, income-generating real estate or potential resources for tapping Vermont's specialty industries, the pristine landscapes of the Green Mountain State provide the ideal canvas. Buying vacant land here while property values continue rising promises handsome returns on investment. With large forested acreages still available for purchase at reasonable rates compared to beyond state borders, the time is ripe to stake your claim. Opting for cash transactions allows buying power unencumbered by external restrictions, letting you seize whatever captures your fancy through proactive negotiating. For Vermont landowners ready to part with their assets, our direct cash buyouts supply the fastest exit strategy too. So as urban life loses its appetite amid growing appetite for balance, make Vermont your nature retreat backed by smart futureproofing. The wholesome charm flowing through its hills satiate body, mind and wallet all the same!

Frequently Asked Questions (FAQs)

What are the benefits of buying land in Vermont versus other states?

Some of the main benefits of buying land in Vermont are the affordable property prices compared to neighboring states, profitable opportunities in logging, maple sugaring and agriculture, the ability to build vacation homes or rental properties to generate income from tourism, attractive incentives for low impact development, and plenty of privacy and seclusion.

Does Vermont have specific land regulations or permits to consider before purchasing property?

Vermont has relatively minimal regulations and permitting requirements for development compared to other states. However, some local zoning laws, conservation easements, and land usage laws still apply for construction projects. It's best to verify with town planning departments on a case-by-case basis.

What types of land are the best investments in Vermont?

Parcels located close to ski resorts, scenic highways, state parks and recreational areas tend to appreciate faster thanks to tourism value. Prime lots for building multi-family rentals or agricultural usage also promise good returns. Forested acreages present timber, maple syrup and specialty food farming prospects too.

Is it difficult for out-of-state buyers to purchase Vermont land with cash?

Out-of-state buyers face no legal hurdles purchasing Vermont lands with cash. You don't need residency status or citizenship either. As with other real estate, standard purchase agreements and transfer of property title paperwork apply. Hiring a local agent or real estate attorney can smoothen the process.

How much faster is buying land with cash versus financing through a mortgage?

Cash purchases can seal deals within 30-60 days from offer date based on title search and awaiting tax documentation. Mortgage loans add 45-60 days for processing application, eligibility checks, property appraisals and loan approval. The all-cash avenue skips extended timelines and paperwork.

About The Author

Bart Waldon

Bart, co-founder of Land Boss with wife Dallas Waldon, boasts over half a decade in real estate. With 100+ successful land transactions nationwide, his expertise and hands-on approach solidify Land Boss as a leading player in land investment.


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