Archives for December 2013

Now that Santa has come and gone, is the Tax Man far behind?

2013 is coming to a close and between throwing out the wrapping paper and finishing off the turkey; you may want to prepare for tax time before ringing in 2014. If you have sold your home this year, there are a few items you will want to make sure to collect before tax prep: Property Taxes: Any taxes paid (reimbursed or paid ahead) at closing will show up on the HUD-1 statement and may be able for deductions on your taxes. Mortgage Points paid: Any points paid at closing may be able to be deducted, even if the seller “paid” for them at closing. PMI: Any Private Mortgage … [Read more...]

Happy Holidays!!

The Friendship of those we serve is the Foundation of our Business. Wishing everyone the absolute happiest of Holidays and the New Year as bright as the stars!   … [Read more...]

Iowa Farmland Values Reach and $8,716 Average!

Press Release - December 11, 2013 Iowa farmland values went up by an estimated 5.1 percent from 2012 to a $8,716 per acre average in 2013, according to the results of the Iowa Land Value Survey conducted in November.  Land values increased for the fourth year in a row. “The 2013 land value survey shows a market in flux, with strong and weak price sales occurring at the same time,” said Michael Duffy, Iowa State economics professor and extension farm management economist who conducts the survey.  “The key question is if this shows the market is going to settle, if it is just pausing … [Read more...]

News Release-Iowa Finance Authority

News Release December, 2013 The Iowa Finance Authority (IFA) was awarded $7.5 million in grants to support affordable housing in Iowa with $1.5 million going right to Eastern Iowa.  Funding is provided from the State Housing Trust Fund’s Local Housing Trust Fund program and was approved this week by the IFA Board of directors. The state housing trust fund was established in 2003 by the Iowa legislature.  Since then it has provided $42 million dollars in housing assistance and helped 12,600 Iowa families. Those awarded in Eastern Iowa are: East Central Iowa Housing Trust … [Read more...]