Cynthia Bondi, ABR, ASP, CRS,
Licensed in Iowa
(563) 505-9833
Email Me
Office:
Mel Foster Co.
2300 Spruce Hills Dr.
Bettendorf, IA 52722
Iowa and Illinois
FinancingPre-Approval - Your first step when buying a home!The first and one of the most important steps in buying a home is finding out just how much you can really afford. Whatever your reasons for buying, getting pre-approved by a lender will prevent disappointment down the road. Pre-approval is based on your employment, income, assets, liabilities, and available down payment to close on your home. Some Sellers will not accept offers from Buyers who have not been pre-approved. Five Great Reasons to Be Pre-Qualified By a Lender:
FinancingA Mel Foster Co. real estate expert can and will show you various financing options for buyers that you may not be aware of and will discuss the likely impact of each alternative on the sale of your property. Depending on the price of the home and/or the amount of your down payment, there may be several options that fit your personal situation:
Information your real estate professional or lender will ask (the information provided is confidential with your lender):
Mortgage CalculatorsMel Foster Co. offers a variety of calculating tools that can help you determine:Davenport NOWProperty owners in Davenport, Iowa will have their own stimulus package for purchasing or improving a home or expanding or relocating a business. The Davenport NOW program is designed to enhance neighborhoods and grow the city through a tax-rebate program.Anyone who constructs a new, owner-occupied home or a new commercial structure, except rental properties, will be eligible for a 50 percent rebate of the city's portion of property taxes for 10 years. Participants can choose from tax rebates each year or an upfront, lump sum rebate at the project's completion. Rebate good until December 2011. Contact your Mel Foster Co. REALTOR® for more information or start looking at a neighborhood today Military First-Time Homebuyer CreditThe Worker, Homeownership and Business Assistance Act of 2009 has added additional benefits for members of the military and other federal employees. Military personnel and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the first-time homebuyer credit. An eligible taxpayer must buy or enter into a binding contract to buy a principal residence on or before April 30, 2011. Once a contract is entered into, they will have until June 30, 2011, to close on the purchase. Members of the uniformed services, members of the Foreign Service and employees of the intelligence community are eligible for this special rule. It applies to any individual (and, if married, the individual's spouse) who serves on qualified official extended duty service outside the United States for at least 90 days during the period after December 31, 2008, and ending before May 1, 2010. For more information on this new addition, contact a Cindy Bondi today.
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