Sales are going strong at Midtown Heights. Our 4th home sold on Saturday and there are other offers in the works. Join us on Sundays from 1-4 for Open Houses so you can see for yourself what a great value Midtown Heights are.

 Our Model should be ready soon and a Grand Opening Celebration is scheduled for June 5. After the Grand Opening, Model hours will be Saturday and Sunday 1-4.

Please join Jennifer and I down at the Midtown Heights homesite this Sunday, April 27th for an Open house from 1-4.  We will post a schedule of regular Open House hours soon. The model is to be finished and decorated the first part of May with regular Open House hours on Saturdays and Sundays following.  Until the driveway is poured, access is easiest if you enter from Ingersoll and park to the south of the Townhomes.

 Call Jennifer, 515-208-2255 or Rob, 515-991-0734 with any questions or if you need directions to the Open House

2 more Midtown Heights Townhomes have been sold since our last update, bringing the total to 3 sold out of the 17 Available. Homeowners should be moving in as early as Mid June. Buildings 2 and 3 are also up with exterior finishes being added daily. Occupancy in the second and third building should be available late Summer to early Fall.

 Contact Rob and Jenn now with any questions or to schedule a private tour. Rob Langloss 515-991-0734 or Jenn 515-208-2255.

Wonder what your payment would be if you purchased a Midtown Heights Townhome? If you use our Preferred Lenders at Wells Fargo you can quailfy for a zero origination fee and closing costs paid up to $1650. If you purchase a townhome for $177,000 and put 5% down, with an interest rate of 5.875% your payment would be approximately $998 a month!!  MI may apply as well as other restrictions.

Contact Jenn and Rob to see which townhome is right for you! For preapproval through our preferred Lender, contact Michelle York at 515-237-5825 or Tabitha Davis at 515-237-5302

Click photo for larger view.

Midtown Heights is looking great! The back side of the first building is now sided and the different colors really stand out and look great from Ingersoll Avenue. The brick that will be on the front and sides will compliment the siding colors and really bring the whole project together.

 Tours of a finished unit should begin in a couple weeks but don’t hesitate to call Rob or Jennifer now as they will gladly give you a hardhat tour and show you what you can expect in your new Midtown Heights Townhome.

We are pleased to announce that we have sold our first unit at MidTown Heights! The new owners are looking forward to moving in to their new townhome in mid June.  The unit is in the first building that is currently being framed, closest to MLK Jr Prkwy.  Other units in this building can be ready for occupancy shortly after our planned June Grand Opening.

 Contact Jennifer or Rob now for more information about the townhomes or how to get preapproved. Tours are available at a similar model and soon at the current building location.

The MidTown Heights Townhomes are still going up quickly. Photos of the site have been taken weekly since the construction started and we will continue to update these photos weekly. Further work is to be started on the model this week with plans for the model to be open mid-April. If you would like to subscribe to this blog you can click on SUBSCRIBE to the right. If you would like to be on the MidTown Heights mailing list, contact Rob at 515-991-0734 or Jennifer at 515-208-2255.

        If you have driven by the Midtown Heights construction site lately, you will have noticed that the framing has now began! Framing started on Friday February 8th and is moving along nicely. With weather permitting, we are planning on having our model ready for tours by April 10th. The location of the model will be the end unit closest to MLK Jr Parkway.

        Please call Jennifer or Rob or drop them an email if you have any questions or would like a tour of a similar unit. You can subscribe to this Blog by simply clicking on SUBSCRIBE over at the right hand side of the screen.

Many people who have rented for years do not understand where their money is going and how purchasing a home is actually an investment.  We have put together a small Rent versus Buy chart to show you what some of the advantages to owning your own home can be.

There are some situations when renting makes sense such as a temporary move to a city or moving to a new town and getting to know the area before deciding where to purchase.  Please let Jennifer or Rob know how we can help you make your dream of homeownership a reality!

WHAT IS TAX ABATEMENT?
The Des Moines City Council has adopted tax abatement to spur housing growth within the city’s central core. This means a ten-year tax reduction in property taxes that are otherwise payable on the actual value added to the property due to a qualified improvement. What does 10 YEAR TAX ABATEMENT mean to you as the buyer? It can mean a HUGE savings. See the comparison below that Rob & I put together to show you how tax abatement will work for you when you buy a home at Midtown Heights.

We have figured a house payment with principal, interest and taxes for a Midtown Heights Townhome and a home of equal sales price with full taxes within the area of Midtown Heights. Even though a property has a Tax Abatement there is a tax for the land the improvements are on.

MIDTOWN HEIGHTS                               
Sales Price: $182,500                                   

Interest: 6.00%

Loan duration: 30 years                               

Taxes: $300.00/year                                        

Principal & Interest: $1094.18        

Taxes: $25.00/month                                    

Monthly Payment: $1119.18                                      

SINGLE FAMLY HOME

Sales Price: $182,500

Interest: 6.00%

Loan Duration: 30 years

Taxes: $3000/year

Principal & Interest: $1094.18

Taxes: $250/month

Monthly Payment: $1344.18

When figuring house payments there are a few other things to consider: homeowners insurance, association dues and possibly mortgage insurance. These can vary depending on the home and what type of loan you may have.

We encourage you to give us a call with any questions. We would be glad to sit down with you and show you in person how Tax Abatement can work for you!