First Time Home Buyers - Process | Quad Cities Real Estate  

Buyers

First Time Buyers


Guiding you home

Buying a home is rewarding, but the process can be challenging. A Mel Foster Co. sales expert can guide you every step of the way and help you make informed decisions. Many agents are experienced in new construction, and Mel Foster Co. is one of the largest land developers in the region.


What will a Mel Foster Co. REALTOR® do for me?

  • Walk you through the pre-approval process and help you determine how much house you can afford.
  • Determine with you what you need in your new home versus what you want.
  • Find and show you homes that meet your search criteria.
  • Help you negotiate with the seller's agent and write your offer.
  • Provide an accurate estimate of your expenses including closing costs and inspections.
  • Perform as your advocate to protect you during financing, negotiations, inspections, contingencies and possession.

Help Iowans Own A Home - Down Payment Assistance

A dedicated, tax-free savings account program that would allow first-time homebuyers to:
  • Unlimited amount of money can be deposited.
  • Receive a state income tax deduction for contributions to the account.
  • Apply the savings in the account and any earned interest toward the purchase or construction of a first home in Iowa.
  • Anyone can make a contribution to these accounts for any individual.

      For more information click here


The benefits of home ownership

  • Pride in ownership and the ability to customize the home.
  • Great investment.
  • Income tax deduction for your mortgage and property taxes.
  • Capital gains exclusion, if applicable. Talk with an agent to see if you qualify.

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