After a lengthy process, the land loan was approved on March 12th. Closing for the property was on April 27th. We all met at a law office in St. Johnsbury, Vermont to sign the paperwork. Everything went smoothly and we were first time property "owners" with a fifteen year fixed mortgage at 6.75%. While exploring the property we found a natural spring complete with a waterfall. The view was amazing and we were absolutely ecstatic. Months of preparing to purchase the property had finally become a reality.
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