Misty Blog http://www.mistysold.com/about/blog.asp Misty Soldwisch, Realtor en-us Copyright 2010 Misty Soldwisch Wed, 18 Aug 2010 11:14:16 CST misty@mistysold.com (Misty Soldwisch) jason@jasoncross.com (Jason Cross) Timberview Estates Special pricing through November 1! It’s a great time to build your dream home in the country! 2 to 20 acres, ranging in price from $48,900 to $159,900. Dream home sites for the hunter or naturalist just off pavement. These lots are directly across the street from Lake Ahquabi State Park. Tons of wildlife in the area - with close access to the park trails for snowmobiling, hiking, plus fishing, boating, and more at the 770 acre park. Also, only 1/2 mile from Annett Nature Center, 160 acre County Park with wetlands, trails and fishing. Rare rural access to natural gas - no need for propane tanks! Just 6 miles South of Indianola, with other lots available from 2 to 20 acres - whether you are ready to build today or want to save towards your future, this type of location doesn't come every day!  www.TheLotsAtTimberviewEstates.com Special pricing through November 1! It’s a great time to build your dream home in the country! 2 to 20 acres, ranging in price from $48,900 to $159,900. Dream home sites for the hunter or naturalist just off pavement. These lots are directly across the street from Lake Ahquabi State Park. Tons of wildlife in the area - with close access to the park trails for snowmobiling, hiking, plus fishing, boating, and more at the 770 acre park. Also, only 1/2 mile from Annett Nature Center, 160 acre County Park with wetlands, trails and fishing. Rare rural access to natural gas - no need for propane tanks! Just 6 miles South of Indianola, with other lots available from 2 to 20 acres - whether you are ready to build today or want to save towards your future, this type of location doesn't come every day!  www.TheLotsAtTimberviewEstates.com

]]> http://www.mistysold.com/about/blog.asp?blogID=90 Wed, 18 Aug 2010 11:14:16 CST http://www.mistysold.com/about/blog.asp?blogID=90 misty@mistysold.com (Misty) Real Estate Business Update Summerset Winery Tunes Sunday August 1st, 3:00pm - 6:00pm Summerset Winery is a "best kept secret" for a great place to go on a Sunday afternoon - they feature different artists throughout the summer, in a great setting!  This week's featured artist is "Ashanti".  www.summersetwine.com Summerset Winery is a "best kept secret" for a great place to go on a Sunday afternoon - they feature different artists throughout the summer, in a great setting!  This week's featured artist is "Ashanti".  www.summersetwine.com

]]> http://www.mistysold.com/about/blog.asp?blogID=89 Thu, 29 Jul 2010 15:16:04 CST http://www.mistysold.com/about/blog.asp?blogID=89 misty@mistysold.com (Misty) What's Happening in Indianola Indianola Farmers Market Sat. July 31st, 8:00am-Noon I am so glad to see that it is Farmers Market time again - the Indianola Market, at the Warren County Fairgrounds, features produce, baked goods, kettle corn, and more!  Every time I go I am glad to see what kinds of items are featured - be sure to check it out! I am so glad to see that it is Farmers Market time again - the Indianola Market, at the Warren County Fairgrounds, features produce, baked goods, kettle corn, and more!  Every time I go I am glad to see what kinds of items are featured - be sure to check it out!

]]> http://www.mistysold.com/about/blog.asp?blogID=88 Thu, 29 Jul 2010 15:13:51 CST http://www.mistysold.com/about/blog.asp?blogID=88 misty@mistysold.com (Misty) What's Happening in Indianola RE/MAX Innovations sponsors the RE/MAX balloon at the National Balloon Classic July 31 ' August 7 For the 3 rd consecutive year, RE/MAX Innovations is excited to sponsor pilot Gene Elsasser from Omaha, NE, bringing the RE/MAX balloon.  Flights will be at 6:30am and 6:30pm every day, weather permitting.   If you have any interest in General Admission tickets, or would like to help crew for the balloon, give me a call or send me an email!   For the 3rd consecutive year, RE/MAX Innovations is excited to sponsor pilot Gene Elsasser from Omaha, NE, bringing the RE/MAX balloon.  Flights will be at 6:30am and 6:30pm every day, weather permitting.

 

If you have any interest in General Admission tickets, or would like to help crew for the balloon, give me a call or send me an email!

 

]]> http://www.mistysold.com/about/blog.asp?blogID=87 Thu, 29 Jul 2010 09:08:24 CST http://www.mistysold.com/about/blog.asp?blogID=87 misty@mistysold.com (Misty) RE/MAX Business 7/28 - 8/2 Warren County Fair Fair time is here!  Whether it is the animal barns, horse shows, fairway, or 4-H building, there is a lot to see and do at the Warren County Fair!  Check out the complete schedule at: www.warrencofair.com Fair time is here!  Whether it is the animal barns, horse shows, fairway, or 4-H building, there is a lot to see and do at the Warren County Fair!  Check out the complete schedule at: www.warrencofair.com

]]> http://www.mistysold.com/about/blog.asp?blogID=86 Tue, 27 Jul 2010 13:31:11 CST http://www.mistysold.com/about/blog.asp?blogID=86 misty@mistysold.com (Misty) What's Happening in Indianola Senate OKs new tax credit closing deadline Backers of amendment cite backlog of 180K homebuyers By Inman News, Wednesday, June 16, 2010. Inman News The Senate has amended a bill to give homebuyers who were under contract on a home purchase by April 30 an additional three months to close the deal and claim the federal homebuyer tax credit. Extending the deadline for closing from June 30 to Sept. 30 would allow lenders more time to clear a backlog of 180,000 homebuyers nationwide, said amendment sponsor Sen. Harry Reid, D-Nev. The amendment to HR 4213 , the "American Jobs and Closing Tax Loopholes Act of 2010" -- which primarily extends unemployment insurance benefits -- was approved in a 60-37 vote Wednesday. The vote was mostly along party lines, with only four Republicans in favor and one Democrat opposed. "While I am disappointed that more Republicans did not support this common-sense measure to strengthen the economy and reduce the deficit, I am committed to ensuring that more Nevadans and Americans can become homeowners and that this amendment becomes law," Reid said in a statement . The House passed an earlier version of the bill in December, and the Senate approved its own version in March. The Senate is currently working on resolving differences between the two bills. The National Association of Realtors supports the amendment, saying Realtors have reported that as many as one-third of qualified applicants have been told by lenders that their loans will not close before June 30 because of the sheer volume of loan applications in the pipeline. The amendment does not extend the deadline for homebuyers to qualify for the tax credit, NAR said in urging lawmakers to approve it, but simply extends the deadline for closing transactions already in contract. "Since these applications were already in the pipeline and figured into the program's cost, the extension of the closing deadline should not incur any further government costs," NAR President Vicki Cox Golder said in a statement . There has been some speculation that some homebuyers will attempt to submit fraudulent claims for the tax credit by backdating documents showing they were under contract by April 30, and that extending the deadline for closing would expose the government to more fraudulent claims.   Backers of amendment cite backlog of 180K homebuyers

By Inman News, Wednesday, June 16, 2010.

Inman News

The Senate has amended a bill to give homebuyers who were under contract on a home purchase by April 30 an additional three months to close the deal and claim the federal homebuyer tax credit.

Extending the deadline for closing from June 30 to Sept. 30 would allow lenders more time to clear a backlog of 180,000 homebuyers nationwide, said amendment sponsor Sen. Harry Reid, D-Nev.

The amendment to HR 4213, the "American Jobs and Closing Tax Loopholes Act of 2010" -- which primarily extends unemployment insurance benefits -- was approved in a 60-37 vote Wednesday. The vote was mostly along party lines, with only four Republicans in favor and one Democrat opposed.

"While I am disappointed that more Republicans did not support this common-sense measure to strengthen the economy and reduce the deficit, I am committed to ensuring that more Nevadans and Americans can become homeowners and that this amendment becomes law," Reid said in a statement.

The House passed an earlier version of the bill in December, and the Senate approved its own version in March. The Senate is currently working on resolving differences between the two bills.

The National Association of Realtors supports the amendment, saying Realtors have reported that as many as one-third of qualified applicants have been told by lenders that their loans will not close before June 30 because of the sheer volume of loan applications in the pipeline.

The amendment does not extend the deadline for homebuyers to qualify for the tax credit, NAR said in urging lawmakers to approve it, but simply extends the deadline for closing transactions already in contract.

"Since these applications were already in the pipeline and figured into the program's cost, the extension of the closing deadline should not incur any further government costs," NAR President Vicki Cox Golder said in a statement.

There has been some speculation that some homebuyers will attempt to submit fraudulent claims for the tax credit by backdating documents showing they were under contract by April 30, and that extending the deadline for closing would expose the government to more fraudulent claims.

 

]]> http://www.mistysold.com/about/blog.asp?blogID=85 Mon, 21 Jun 2010 09:40:50 CST http://www.mistysold.com/about/blog.asp?blogID=85 misty@mistysold.com (Misty) Real Estate Business Update Summerset Winery Tunes Sunday 6/13 3:00 - 6:00 Summerset Winery is a "best kept secret" for a great place to go on a Sunday afternoon - they feature different artists throughout the summer, in a great setting!  This week's featured artist is "Big Daddy Blues".  www.summersetwine.com Summerset Winery is a "best kept secret" for a great place to go on a Sunday afternoon - they feature different artists throughout the summer, in a great setting!  This week's featured artist is "Big Daddy Blues".  www.summersetwine.com

]]> http://www.mistysold.com/about/blog.asp?blogID=84 Fri, 11 Jun 2010 10:53:28 CST http://www.mistysold.com/about/blog.asp?blogID=84 misty@mistysold.com (Misty) What's Happening in Indianola Indianola Farmers Market Sat. June 12th, 8:00am-Noon I am so glad to see that it is Farmers Market time again - the Indianola Market, at the Warren County Fairgrounds, features produce, baked goods, kettle corn, and more!  Every time I go I am glad to see what kinds of items are featured - be sure to check it out! I am so glad to see that it is Farmers Market time again - the Indianola Market, at the Warren County Fairgrounds, features produce, baked goods, kettle corn, and more!  Every time I go I am glad to see what kinds of items are featured - be sure to check it out!

]]> http://www.mistysold.com/about/blog.asp?blogID=83 Wed, 9 Jun 2010 15:55:16 CST http://www.mistysold.com/about/blog.asp?blogID=83 misty@mistysold.com (Misty) What's Happening in Indianola Open Sunday 2:30 ' 4:30pm ' The Victorian Ranch on 150th! Come check out this truly unique and spectacular gem – on nearly 6 acres with a beautiful pond – over 320 acres around it available for sale as well.   I will have market info and tips for buying and selling your home, stop by and visit!   Come check out this truly unique and spectacular gem – on nearly 6 acres with a beautiful pond – over 320 acres around it available for sale as well.

 

I will have market info and tips for buying and selling your home, stop by and visit!

 

]]> http://www.mistysold.com/about/blog.asp?blogID=82 Thu, 13 May 2010 15:35:28 CST http://www.mistysold.com/about/blog.asp?blogID=82 misty@mistysold.com (Misty) Open House! Misty Soldwisch has earned the NAR Short Sales and Foreclosure Certification Buyers and Sellers Benefit from REALTOR ® Expertise in Distressed Sales Indianola, Iowa, May 10, 2010 — Misty Soldwisch with RE/MAX Innovations has earned the nationally recognized Short Sales and Foreclosure Resource certification . The National Association of REALTORS ® offers the SFR certification to REALTORS ® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows. According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. For many real estate professionals, short sales and foreclosures are the new “traditional” transaction. REALTORS ® who have earned the SFR certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities. “While our area is fortunate enough to not have been affected like more volatile housing markets, declining market values and economic factors have put many central Iowans in the position of negative equity and foreclosure risk.” says Soldwisch.  “Banks prefer to negotiate sales when a homeowner is still living in the home, rather than to take the home into their inventory and risk the deterioration that comes from vacancy and lack of care.  I am glad to have the tools to lead people through these situations – it is not something that every REALTOR ® likes to do, but I find it very satisfying to help community members attempt to preserve their credit and move on.” The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, and provides resources to help REALTORS ® stay current on national and state-specific information as the market for these distressed properties evolves.     Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales

Indianola, Iowa, May 10, 2010 — Misty Soldwisch with RE/MAX Innovations has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.

According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. For many real estate professionals, short sales and foreclosures are the new “traditional” transaction. REALTORS® who have earned the SFR certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.

“While our area is fortunate enough to not have been affected like more volatile housing markets, declining market values and economic factors have put many central Iowans in the position of negative equity and foreclosure risk.” says Soldwisch.  “Banks prefer to negotiate sales when a homeowner is still living in the home, rather than to take the home into their inventory and risk the deterioration that comes from vacancy and lack of care.  I am glad to have the tools to lead people through these situations – it is not something that every REALTOR® likes to do, but I find it very satisfying to help community members attempt to preserve their credit and move on.”

The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, and provides resources to help REALTORS® stay current on national and state-specific information as the market for these distressed properties evolves.

 

 

]]> http://www.mistysold.com/about/blog.asp?blogID=81 Mon, 10 May 2010 13:21:00 CST http://www.mistysold.com/about/blog.asp?blogID=81 misty@mistysold.com (Misty) Real Estate Headlines I received this info from the Iowa Association of REALTORS this morning in response to some concerns that have been rumored on the internet: CORRECT Information about Real Estate sales tax          The IAR has received several e-mail regarding a sales tax on real estate transfers over the past week.  NAR sent the following information in order to clarify the issue:   No 4.0% "Sales Tax" on Home Sales In Recently Enacted Health Reform Bill   Contrary to reports that are circulating widely on the Internet, there is not a 4.0% "sales tax" or "transfer tax"  on the sale of a home included in the recently signed health care reform bill.  The analysis underlying these reports is incorrect and fails to take into account the interplay of the bill's provisions with already existing real estate tax laws that remain unchanged.   What was included in the health bill is a provision that imposes a new 3.8% Medicare tax for some high income households that have "net investment income."  Any revenue collected by the tax is dedicated to the Medicare hospital insurance program. This new tax will only apply to households with Adjusted Gross Income (AGI) of more than $200,000 for individuals or  more than $250,000 for married couples.  Since capital gains are included in the definition of net investment income, an additional tax obligation might result from the sale of real property.   In the case of the sale of a principal residence, the existing $250,000/$500,000 exclusion from capital gains on the sale of a principal residence remains unchanged. Consequently, even when the AGI limits are met,  the new tax would not be applied to all capital gains that result from the sale of a home.  The new Medicare tax would only apply to any home sale gain realized in excess of the $250K/$500K existing primary home exclusion that pushes the filer's AGI over the $200K/$250K adjusted gross income limit.   The new Medicare tax will not take effect until January 1, 2013.   For more information on the new Medicare tax, please consult NAR's Health Reform Q&A on this and other provisions of the new health reform law located at www.realtors.org/healthreform .          

CORRECT Information about Real Estate sales tax 

 

 

 

 

The IAR has received several e-mail regarding a sales tax on real estate transfers over the past week.  NAR sent the following information in order to clarify the issue:

 

No 4.0% "Sales Tax" on Home Sales In Recently Enacted Health Reform Bill

 

Contrary to reports that are circulating widely on the Internet, there is not a 4.0% "sales tax" or "transfer tax"  on the sale of a home included in the recently signed health care reform bill.  The analysis underlying these reports is incorrect and fails to take into account the interplay of the bill's provisions with already existing real estate tax laws that remain unchanged.

 

What was included in the health bill is a provision that imposes a new 3.8% Medicare tax for some high income households that have "net investment income."  Any revenue collected by the tax is dedicated to the Medicare hospital insurance program. This new tax will only apply to households with Adjusted Gross Income (AGI) of more than $200,000 for individuals or  more than $250,000 for married couples.  Since capital gains are included in the definition of net investment income, an additional tax obligation might result from the sale of real property.

 

In the case of the sale of a principal residence, the existing $250,000/$500,000 exclusion from capital gains on the sale of a principal residence remains unchanged. Consequently, even when the AGI limits are met,  the new tax would not be applied to all capital gains that result from the sale of a home.  The new Medicare tax would only apply to any home sale gain realized in excess of the $250K/$500K existing primary home exclusion that pushes the filer's AGI over the $200K/$250K adjusted gross income limit.

 

The new Medicare tax will not take effect until January 1, 2013.

 

For more information on the new Medicare tax, please consult NAR's Health Reform Q&A on this and other provisions of the new health reform law located at www.realtors.org/healthreform.
 
   
 

 
]]> http://www.mistysold.com/about/blog.asp?blogID=80 Fri, 7 May 2010 09:38:58 CST http://www.mistysold.com/about/blog.asp?blogID=80 misty@mistysold.com (Misty) Real Estate Headlines What's New Just Sold – 1902 South E Drive – This 3BR ranch on the South edge of Indianola just closed – thanks so much to Jeff Rogers at Iowa Realty – South Office for helping with a successful sale!    Relisted – 15461 200 th Ave, Milo is back on the market!  This 4BR ranch has beautiful hardwood floors and is on almost 4 acres with 3 outbuildings and a 4+ car detached garage.  A real deal at 119,900, including a brand new septic!   Just Sold – 1902 South E Drive – This 3BR ranch on the South edge of Indianola just closed – thanks so much to Jeff Rogers at Iowa Realty – South Office for helping with a successful sale! 

 

Relisted – 15461 200th Ave, Milo is back on the market!  This 4BR ranch has beautiful hardwood floors and is on almost 4 acres with 3 outbuildings and a 4+ car detached garage.  A real deal at 119,900, including a brand new septic!

 

]]> http://www.mistysold.com/about/blog.asp?blogID=79 Thu, 25 Mar 2010 09:14:02 CST http://www.mistysold.com/about/blog.asp?blogID=79 misty@mistysold.com (Misty) Real Estate Business Update 130 Park will have an Open House on Sunday from 2:30-4:30pm This brick ranch is great, complete with professionally finished basement and huge 1/3 acre yard.   I have great new listings coming on soon – give me a call if you are thinking of buying or selling your home or investing in a rental property!   This brick ranch is great, complete with professionally finished basement and huge 1/3 acre yard.

 

I have great new listings coming on soon – give me a call if you are thinking of buying or selling your home or investing in a rental property!

 

]]> http://www.mistysold.com/about/blog.asp?blogID=78 Thu, 25 Mar 2010 09:11:29 CST http://www.mistysold.com/about/blog.asp?blogID=78 misty@mistysold.com (Misty) Open House! Open Houses ' Sunday March 14 12-2 17119 E Hwy 92 – Indianola www.IndianolaAcreageForSale.com   2:30 – 4:30 1007 E Franklin Ave – Indianola http://www.visualtour.com/show.asp?t=2058380&prt=10003   I always have current listing info on the entire market, tips, and great info with me –please stop by!   12-2

17119 E Hwy 92 – Indianola

www.IndianolaAcreageForSale.com

 

2:30 – 4:30

1007 E Franklin Ave – Indianola

http://www.visualtour.com/show.asp?t=2058380&prt=10003

 

I always have current listing info on the entire market, tips, and great info with me –please stop by!

 

]]> http://www.mistysold.com/about/blog.asp?blogID=77 Fri, 12 Mar 2010 09:48:19 CST http://www.mistysold.com/about/blog.asp?blogID=77 misty@mistysold.com (Misty) Open House! I have just listed 3 great properties: 21588 Pony Farm Rd., Leon – http://www.visualtour.com/show.asp?t=2099899&prt=10003 This acreage near Leon has a restored barn and amazing views of wildlife – the house features rustic pine flooring, a large living room with lots of natural lighting, and a great floor plan. 15036 Newbold St., Indianola - http://www.visualtour.com/show.asp?t=2105521&prt=10003 Attention Horse People!  This ranch style home is on over 15 acres and features an amazing barn with indoor arena. 536 Rock Island Ave., Martensdale -  http://www.visualtour.com/show.asp?t=2109211&prt=10003 Want a small town vibe with an easy commute?  This 4BR ranch features a 4 car detached garage and is just 10 minutes from West Des Moines!   21588 Pony Farm Rd., Leon – http://www.visualtour.com/show.asp?t=2099899&prt=10003

This acreage near Leon has a restored barn and amazing views of wildlife – the house features rustic pine flooring, a large living room with lots of natural lighting, and a great floor plan.

15036 Newbold St., Indianola - http://www.visualtour.com/show.asp?t=2105521&prt=10003

Attention Horse People!  This ranch style home is on over 15 acres and features an amazing barn with indoor arena.

536 Rock Island Ave., Martensdale - http://www.visualtour.com/show.asp?t=2109211&prt=10003

Want a small town vibe with an easy commute?  This 4BR ranch features a 4 car detached garage and is just 10 minutes from West Des Moines!

 

]]> http://www.mistysold.com/about/blog.asp?blogID=76 Tue, 16 Feb 2010 16:22:17 CST http://www.mistysold.com/about/blog.asp?blogID=76 misty@mistysold.com (Misty) RE/MAX Business