Homemade Hot Fudge Sauce

{Note to self} Remember this cute gift idea for Christmas: Farr's Candy Cane Ice Cream and a yummy jar of homemade hot fudge sauce.

Hot Fudge Sauce
2 c. semi-sweet chocolate chips
1 cube butter
1 can sweetened condensed milk
1 1/2 tsp pure vanilla extract**

Combine all ingredients in a medium sauce pan over medium-low heat and stir continually, until completely melted and hot. Do not boil.

Mixture will thicken as it cools. Microwave, stirring every 30 to 60 seconds, until the hot fudge melts again and gets hot.

**To make peppermint hot fudge sauce, substitute peppermint extract.