Benefits Of Home Ownership

 

Plain and simple, owning a home can improve your quality of life, provide stability and give you a sense of control you just can't get from renting. You have a place to live when you rent, but buying is something much deeper – and better.

 

The intangibles are tough to measure, but there are other benefits you can quantify:

 

Financial investment:
Your monthly mortgage payment creates equity for you, not your landlord.

 

The interest on your mortgage is a tax deduction:
While this isn't a reason in itself to buy a home, it's nice to get a break at tax time.

 

Fixed monthly housing payment:
If you opt for a fixed-rate mortgage, the monthly rate of your mortgage won't change for the length of the term.

 

Tax-free gain:
When it's time to sell your home, you don’t pay taxes on the proceeds of the sale that are above what you paid (with some restrictions – see information on capital gains).

    


TIP: 

Look for a house you can stay in long-term; one that will “grow” with your family and needs. The financial benefits of owning increase over time.Look for an agent who understands your lifestyle. Make sure the agent knows the neighborhoods you're interested in, and can answer questions you'll have about the location.



 

Get In Touch

Local Expert Updates

Janie Gilmore

Cell: 712.339.0574

Aaron Jones

Cell: 234.234.2342

Brooke Johnson

Cell: 641.420.2172

Community Updates

Bombazi Salon

Bombazi Salon in Arnolds Park

Bombazi, by definition, means of the highest quality. Bombazi Salon is located in Arnolds Park, IA along the broadway strip. They offer hair care, pedicures, manicures, and waxing. All of our services are available for weddings and other parties. Tammy and her staff will take great care of you! Click below to view their webpage.

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Creative Spirits

Creative Spirits in Spirit Lake

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Family, Fishing, Fun

Family, Fishing, Fun in Lake Minnewashta

If you are looking for a place to catch a bunch of fish in a short period of time, the dock in Minnewashta right off of Sawmill Park in Arnolds Park is the place. Fish with a worm or throw a crank bait, you can't go wrong. This spot located in the center of the lakes area allows you to bring your children to play on the nice equipment, or have a family gathering at the recently remodeled shelter. These waters are well known for perch, bluegill, pike, crappie, walleye, yellows, and smallmouth and largemouth bass. With two different places to launch a boat, Minnewashta is a great place for some family fun.

Real Estate and MLS Homes For Sale in Lake Minnewashta

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