Posts Tagged ‘RuhlHomes.com’

Ruhl&Ruhl REALTOR Assists with the Sale of Cedar Rapids Church

Friday, July 8th, 2011

Cedar Rapids Ruhl&Ruhl REALTOR, Peg Cretin certainly went out of the ordinary with the listing of the Church on Fire Christian Center.  With a recent deal under way the property is now pending, but Ruhl&Ruhl wanted to share an article ran in the “Cedar Rapids Gazette” on July 2, 2011.

The article reads – Cedar Rapids Realtors still are in negotiations and sales are not yet final, but the 200-some members of Cedar Rapids’ Peoples Church Unitarian Universalist have planned their final service at the historic downtown building with expectations to relocate to the northwest side of town.

With the sanctuary at 600 Third Ave. SE under contract to be sold in August and the Peoples Church planning to relocate to the building that once housed the Church on Fire Christian Center at 4980 Gordon Ave. NW in mid-July, the last day of services under the familiar wooden rafters is set for Friday.

Once they’re moved in to their new church, church leaders intend to integrate stained glass, pews, art and other mementos from the original Peoples Church, which was built in 1875 into the Gordon Avenue building.  The plan, according to Rev. Tom Capo, is to have the old church sold and the new building bought by August, although nothing is final until all the real estate documents are signed, he said.   “We hope to have those negotiations finalized next week,” said Capo.

Capo said the Gordon Avenue space became available when the pastor of the Church on Fire Christian Center decided to close its doors and do “community ministry” rather than “parish ministry.”

Last summer, the Peoples Church was close to selling its building and relocating its membership.  Steve Emerson, president of Aspect Architecture, was expected to take ownership of the property for $705,000 in July, but the deal fell through, Capo said.

He wouldn’t elaborate on why the building didn’t sell at that time.  It was originally listed at $795,000.  “When we thought the deal was done, it was not,” Capo said.

And so the church went back on the market and leaders continued looking at other possible locations for its members.

Capo would not provide details of the Church of the Fire Christian Center purchase until the sale closes. The congregation will move to a temporary facility if something holds up the permanent relocation, he said.   “We have learned in this process that we need to be open to all kinds of experiences and dream what we want for our future,” Capo said.

Church leaders began looking for a new church more than a year ago when maintenance needs mounted and rising costs to fix the aging building seemed greater than the cost to relocate.  The final straw, Capo said, was the discovery of mold growing in the children’s area and the insurance company’s requirement to take out an entire wall to remedy the issue.

“We don’t have the money to do that” he said.  “And there are not many parents who want their kids to go some place where there is a lot of mold.”

The new building has more square feet and more classroom space.  Capo said he doesn’t expect to lose any congregation members in the move, but to gain some.    “Moving is a little stressful,” he said.  “I’m hoping we will see some of the folks who will come back after the stress is gone and we’re back in the community.”

For more information on Ruhl&Ruhl and Peg Cretin please visit RuhlHomes.com.

Federal tax credit continues to draw new home buyers

Monday, June 29th, 2009

After two months of solid house-hunting, newlyweds Adam and Jackie Haut have become quite schooled in what to look for in a house and what to avoid.

Realtor Sharon Tahere, with Ruhl and Ruhl, shows a Davenport home to first-time home buyers Adam and Jackie Haut on Friday, June 26, 2009. (Larry Fisher/QUAD-CITY TIMES)

Realtor Sharon Tahere, with Ruhl and Ruhl, shows a Davenport home to first-time home buyers Adam and Jackie Haut on Friday, June 26, 2009. (Larry Fisher/QUAD-CITY TIMES)

Under the guidance of their Realtor, Sharon Tahere of Ruhl&Ruhl Realtors, they’ve picked up tips such as inspecting the mechanicals and roof, checking for signs of a wet basement and looking for other potential pitfalls.

“With the old houses, you get a lot of house for the price range,” Adam Haut said Friday as he toured yet another prospect in Davenport. He was pleasantly surprised by the home’s condition and floor space.

For Jackie Haut, the goal is to get moved before September when she begins her new teaching job at George O. Barr Elementary School in Silvis, Ill. But the real rush is to find a house and close on it in time to qualify for the new $8,000 federal tax credit for new homeowners.

The approaching deadline “has made us more aggressive,” said Adam Haut, who often is forgoing sleep after working third shift as an ER nurse at Genesis Medical Center, West Central Park Avenue, Davenport to tour another available house.

But it is first-time homebuyers like the Hauts who are helping the Quad-City housing market climb out of last year’s slump and continue a rebound that began in April.

“It appears the market is hot right now because first-time buyers are starting to realize they need to start looking for a house to get everything in line by this deadline of November 30,” said Sue Clark-Nissen, the chief executive officer of the Quad-City Area Realtor Association. “This office is quiet, and that means the Realtors are busy.”

Kris Ratigan, the marketing director for Mel Foster Co., said growth in the company’s pending sales show that new homebuyers are taking advantage of the tax credit. Through the first half of June, Mel Foster’s pending sales were up 10.5 percent compared to a year ago.

Another positive sign is that the dollar volume of those June sales is up 18 percent over a year ago, she said. “The higher-priced homes are definitely moving now.”

Caroline Ruhl, the president of Ruhl&Ruhl, agreed that the rebound began in April. In May, her company’s pending sales in the Quad-City market rose 9 percent from a year ago, and for the first half of June, sales are up 6 percent.

“The energy is out there, and people are excited that things are happening again,” she said.

Besides the influx of new homebuyers, Ruhl credited the area’s low unemployment and continuing low interest rates.

“Buyer confidence is coming back,” she said. “People still have jobs. There have been layoffs, but absolutely nothing compared to the rest of the country.”

Clark-Nissen said the new homebuyers are causing a spiral effect in the market. “If a first-time homebuyer is snagging a home (typically in the low end of the market), then the seller of that home is moving up to the next level.”

While the number of listings is beginning to rise, with buyers on the prowl, the market could use more listings, she said. “If you’ve got that many buying, they like to have a nice inventory to look at.”

Ruhl said there is no doubt that even sellers had lost their confidence earlier in the year and were holding back on listing their properties. “I think there were a lot of people that wanted to move, but they didn’t want to move and lose money.”

While the Hauts are finding plenty to choose from in their price range – $130,000 and below – they also have noticed that they have to move fast.

“A lot of houses Jackie has found online, we go look at them, they already have a couple of offers,” Adam Haut said.

First-time home buyers Adam and Jackie Haut, right, check out the living room of a home for sale in Davenport with Ruhl and Ruhl Realtor Sharon Tahere on Friday, June 26, 2009. (Larry Fisher/QUAD-CITY TIMES)

First-time home buyers Adam and Jackie Haut, right, check out the living room of a home for sale in Davenport with Ruhl and Ruhl Realtor Sharon Tahere on Friday, June 26, 2009. (Larry Fisher/QUAD-CITY TIMES)

First-time home buyer Adam Haut shares a laugh with Ruhl and Ruhl Realtor Sharon Tahere while inspecting the attic of a Davenport home for sale on Friday, June 26, 2009. (Larry Fisher/QUAD-CITY TIMES)

First-time home buyer Adam Haut shares a laugh with Ruhl and Ruhl Realtor Sharon Tahere while inspecting the attic of a Davenport home for sale on Friday, June 26, 2009. (Larry Fisher/QUAD-CITY TIMES)

Article taken from Quad City Times.  To view the article, click here.

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