Tuesday, July 19, 2011

Waterloo Excitement Propety taxes ABATED!!!!

YAHOO!!! Last evening, a process that has taken 23 years to happen, a full property tax abatemnet in was passed by the City Council of Waterloo. The city of Waterloo, Mayor and city council members are to be commended for looking at the big picture of what our city will be facing in a few years if tax base is not built.
If you build a new home in Waterloo any time over the next 3 years you can live PROPERTY TAX FREE for the next 3 years and only pay the lot portion of the tax bill. That is in addition to the 1-1/2 year tax brake that you get normally for building a new home due the normal tax structure in the state of Iowa. You could end up with a full 5 years without the full property tax bill.
There are locations in Waterloo that already had the ability to abate taxes for up to 10 years in an enterprise zone. Many of those locations are now perfect for less expensive housing or condo home ownership. Quick walk to shopping, drug stores, grocery stores, clinics and hospital locations. We have 15 lots in one location ready for you to start today.
Today, being the 1st day, we have already heard of movement of many people that planto start building in the Waterloo area. Most had not planned on building a new home but were ready to jump when this benifit came to fruition.
There are many other great things happening in large because or in conjunction with this tax break. A new school in to be built to replace the existing Orange school is now in motion and a neighborhood will be developed around that location.
There are so many good reasons to build right now that will not be there probably in a few years from now. The tax break is for 3 years only, interest rates in the 4% range, building materials at 15 year lows, sub contractors have been able to reduce costs and suppliers have gotten leaner.
If you are thinking of making a change to a new location you should act now. These benifits are only for a limited time and historically those who have made a move during slower times are the ones who build the most equity when sales time comes.
Plan for the future and call for a free consult on the advantages that can be yours today. WE WILL BE OFFERING SOME OTHER SPECIAL DEALS TO KICK OFF THIS NEW OPPORTUNITY.
Craig the Builder
319-404-0412