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Time to buy?
Nine circus performers injured in R.I. show
■ With only 72 houses available in Creston, real estate professionals encourage potential home buyers to get educated and act fast this spring. By SARAH BROWN
CNA staff reporter sbrown@crestonnews.com
B
uying a house is one of the biggest decisions and commitments a person can make in their life. To ease the fear, stress and frustration of the process, six organizations came together to offer their best advice during a homebuyer’s seminar hosted by First National Bank Thursday at Southwestern Community College.
Contributed photo and CNA photo by SARAH BROWN
Above, this 1,016 square foot home, 409 N. Elm St., listed by Stewart Realty, features three bedrooms and two bathrooms and is one of 72 homes for sale in Creston. Right, Retta Ripperger of R Realty in Creston delivers a status update on Creston’s housing market conditions. According to Ripperger, this year, homes are spending 25 percent less time on the market than in the previous year.
Move quickly Real Estate Broker Retta Ripperger of R Realty said buyers should move quickly if they are interested in a residential property in Creston. “As a buyer, you may have looked at a home yesterday and thought, ‘I’m going to think about this a little bit,’ but, by the time you decide to make an offer, the house is gone,” Ripperger said. According to Bluegrass Multiple Service Listing, which Ripperger said features home listings of every real estate agent in Creston, only 72 houses were available for sale in Creston as of last week. To give you an idea of Creston’s current home selection, 33 percent of the homes for sale are in the $20,000-$50,000 range, 31 percent are in the $50,000$80,000 range, 15 percent are in the $800,000-$100,000
range, 10 percent are within the $100,000 to $120,000 range, and 10 percent of houses for sale in Creston are more than $120,000. With so few houses in Creston, Ripperger said it’s more common to see multiple offers made on the same property. “Our choices as a buyer are down,” Ripperger said. “You might have to compromise what you are looking for.”
Know your price The first step to purchasing a house is not contacting a realtor, but to meet with a home loan officer to determine your purchasing power. “The main things we look for are how much you can afford and what is your credit score,” said Paul Lorenz, vice president at First National Bank in Creston. Gaining pre-approval for a
home loan saves home buyers the grief of looking at houses they can’t afford, and places them in a better position to make a serious offer when they discover the right house. “I think most realtors request that (pre-approval letter),” said Lorenz. For individuals wishing to qualify for a home loan, Lorenz said, First National Bank requires a government issued I.D., paystubs for the previous two months and income tax returns for the previous two years.
Funding options If you don’t know what kind of home loan you are looking for — whether an adjustable rate mortgage, fixedrate loan, Federal Housing Administration (FHA) loan or Iowa Finance Authority Rural Development loan — a home loan officer is the best
place to start. “Each person’s situation is different,” Lorenz said. “What is right for one person is not necessarily right for another.” Visiting with a home loan officer is also a good way to learn of other home buying resources in Creston. Judy Brimm, finance director of Southern Iowa Council of Governments (SICOG) shared information on a housing revolving loan fund (H-RLF) administered by SICOG, and the Southern Iowa COG Housing Trust Fund. The purpose of H-RLF is to help low-to-moderate income earners afford a down payment on a house. SICOG’s H-RLF program lends up to $5,000 to qualifying home buyers. However,
(MCT) — It was exactly the sort of thing you’d expect to see at a circus: a human chandelier made up of aerial acrobats, all high off the ground, hanging by their hair from a scaffolding. But at the Ringling Bros. and Barnum & Bailey show Sunday in Providence, R.I., wonder turned to horror for 3,900 audience members as the scaffolding suddenly gave way, sending the performers plummeting as far as 40 feet before they crashed into the ground. At least nine performers were seriously hurt in the accident during the first of the three shows planned at the Dunkin’ Do■ One nuts Center on Sunday. The circus’ afternoon and evening public shows were canceled while an official investigation began. estimates One public official estimated the performers fell 25 to 40 performers feet. A spokesman for the cirfell 25 to cus said eight aerial acrobats and one dancer were hurt. 40 feet. “All performers in the act received immediate medical attention and were transported to a local hospital for further care,” Ringling Bros. and Barnum & Bailey company officials said in a statement. A spokesman said the injuries did not appear to be life-threatening. A Rhode Island Hospital official said seven performers had been admitted but declined to give their conditions. On its website, the circus bills the “Hair Hang” act as the “one-of-a-kind” creation of husband-andwife team Andre and Viktoria Medeiros, with Viktoria performing as one of the eight aerialists in the act. “These ‘hairialists’ perform a combination of choreography and cut-ups including spinning, hanging from hoops, and rolling down wrapped silks, all while being suspended 35 feet in the air by their hair alone!” the website says. “In this hair-raising act, audiences will even see the weight of three girls held aloft by the locks of only one of these tangled beauties.” An audience member’s video uploaded to YouTube appeared to show the incident.
Please see HOME BUYING, Page 2
Please see CIRCUS, Page 2
CNA photo by KYLE WILSON
Mayflower pals:
Third-grader Carter Henderson, left, and second-grader Sam Henry participate in the Maylower Heritage Christian School’s 12th annual Bike-A-Thon held Friday at Green Valley State Park. More than 65 students, kindergarten through eighth grade, pedaled laps in a designated viewing area near the GV beach house. The event was both a school fundraiser and a lesson in bike safety and fitness.
CNA photo by LARRY PETERSON
Elation: Creston High School junior Savannah Hartman (center) is congratulated by teammates
after scoring the winning goal in overtime as the Panthers edged Oakland Riverside, 2-1, to end a 35-match losing streak covering two years. Shown from left in front with Hartman are Itzayanna Rubio, Alyssa Higgins and Katie Powers. For more on the match, see page 7A.
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Volume 130 No. 230 Copyright 2014
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Contents
Classified . . . . . . . . . . . 10-11 Comics . . . . . . . . . . . . . . . . . 4 Crossword . . . . . . . . . . . . . . 4 Deaths. . . . . . . . . . . . . . . . . . 2
Heloise Tips . . . . . . . . . . . . . 4 Local . . . . . . . . . . . . . . . . . . . 3 Proms . . . . . . . . . . . . . 5, 6, 12 Sports . . . . . . . . . . . . . . . . 7-9
Tuesday weather High 75 Low 64 Full weather report, 3A