Archive for July, 2010

Mike Wendt Assumes Role as Ruhl&Ruhl General Sales Manager

Friday, July 16th, 2010

Caroline Ruhl, President of Ruhl&Ruhl REALTORS, is pleased to announce that Michael R. Wendt II has assumed the role of Ruhl&Ruhl General Sales Manager.

Wendt, who has worked at Ruhl&Ruhl for two years as the Legal Compliance and Customer Relations Manager, will continue his current duties for the company in addition to being the direct report for Ruhl&Ruhl office managers.

“We are pleased that Mike is stepping up to a new challenge,” Ruhl said. “He has demonstrated his tremendous skills and knowledge, which make him well-suited for this new role.”
 
Prior to his position at Ruhl&Ruhl, Wendt was an associate with the law firm of Califf & Harper, P.C. in Moline. He received his undergraduate degrees from Drake University in 1997 and his Master’s Degree in Urban and Regional Planning, as well as his M.B.A. focusing on Real Estate Finance, from the Henry B. Tippie School of Management at the University of Iowa in 1999. In 2005 he received his Law degree from the University Of Illinois College Of Law, and joined the Illinois Bar in 2005, and the Iowa Bar in 2006. Wendt has also been a licensed Broker since 2004 and is currently licensed in Iowa, Illinois and Wisconsin. 
 
Wendt is a native of Moline and currently sits on the board of the Moline Youth Football Association, is a member of the Moline Plan Commission, and is President of the Quad Cities Illini Club. Wendt is also a member of both the Optimist and Rotary clubs in Moline. He and his wife Eileen Wendt have three kids; Kendall, Carson and Jack. 

A family-owned company since 1862, Ruhl&Ruhl REALTORS annually sells approximately 3,400 homes in eastern Iowa, western Illinois and southwestern Wisconsin.  Caroline Ruhl is the President and owner of Ruhl&Ruhl REALTORS, and is the fourth generation of the Ruhl family to lead the residential brokerage and home services company.  Headquartered in Davenport, Iowa, the company has 250 sales associates and 50 employees based in sales offices located in Bettendorf, Cedar Rapids, Clinton, Coralville, Davenport, DeWitt, Dubuque, Maquoketa, and Muscatine, in Iowa, and in Moline, Illinois.  In addition to residential sales, Ruhl&Ruhl offers services in relocation, new home sales, farm sales, senior services, real estate investment, property management and mortgage services through 1862 Mortgage.  For more information on Ruhl&Ruhl, visit their website at www.RuhlHomes.com .

Tax Credit Deadline Extended

Friday, July 2nd, 2010

After a close call with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline until September 30, 2010.  The extension applies only to transactions that have signed contracts in place as of April 30, 2010 that have not yet closed.  This new deadline applies to both the $8,000 tax credit for first-time homebuyers and the $6,500 tax credit for repeat homebuyers. Congress sited unique circumstances and a back log of closings as factors in not being able to make the original closing date deadline of June 30, 2010. 

The legislation is designed to create a seamless extension to the new closing deadline for an eligible transaction.  There would be no gap between June 30 and the date the President signs the bill into law, which he is anticipated to do so this week.

Keep checking RuhlHomes.com for the most up to date information on the real estate market.


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