Did you hear our Internet Radio show on Saturday? WOW!!! The lightbulb suddenly came on! Holly Olson, the Executive Director of Neighborhood Finance Corporation was on our show discussing how NFC can help your home ownership dreams come true.
NFC are targeting areas of Des Moines to maintain or raise the quality of homes in the neighborhoods. They are giving foregivable grants to repair your newly purchased home and even rehab your existing home!
While on the show, we realised that $24,500 in tax credits and FREE money are available when you buy a home in selected areas of Des Moines. Almost two-thirds of the city are now within eligible neighborhoods.
Let's use an $80,000 purchase as an example and see what FREE money is available:-
$8,000 Federal Tax Credit for First time buyers ($6500 for "move-up" buyers)
$10,000 Forgivable Grant from NFC for qualified home improvements.
$2,500 Down payment / closing costs assistance
$1,500 Estimated closing cost assistance from the seller
$1,500 Federal Energy Efficiency Tax Credits
$1,000 Reimbursement from City of Des Moines for certain storm water rerouting or sump pump improvements.
Thats $24,500 in potential FREE money!!!!!!
Everyone's circumstances are different and of course there are some qualifying factors. Call Nigel Chapman @ RE/MAX Real Estate Concepts 515 321-8094 to find out more information and start your American Dream. If you prefer, please email at Nigel@RealEstateConcepts.net
To listen to our weekly Internet Radio broadcast Saturdays from 10am - noon Central Standard Time go to www.DesMoinesLocalLive.com
Nigel Chapman, Managing Partner, RE/MAX Real Estate Concepts, 550 36th Ave SW, Altoona, IA 50009. 515 321-8094. Nigel@RealEstateConcepts.net Licensed to sell real estate in Iowa. Equal Housing Opportunity. www.NigelSellsIowa.com
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