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 Eick

Cell: 712.339.0574

Matt Lippon

Cell: 712.330.0604

Aaron Jones

Cell: 712.320.9442

Community Updates

Nektar

Nektar in Arnolds Park

Nectar is a fun, seasonal coffee shop, serving from a cute camper within walking distance to Arnolds Park Amusement Park! Nectar offers fresh-pressed juices, espresso drinks, REAL fruit smoothies, and baked treats - making Summer in Boji even better!

Real Estate and MLS Homes For Sale in Arnolds Park Find more about Arnolds Park Learn More Here

Union Memorial Church- United Methodist

Union Memorial Church- United Methodist in Milford

Union Memorial Church- United Methodist
805 Okoboji Ave
Milford, IA 51351

Services
Sunday at 9:30 a.m.

Real Estate and MLS Homes For Sale in Milford Find more about Milford Learn More Here

Consumers Lumber Company

Consumers Lumber Company in Spirit Lake

Consumers Lumber Company is the only locally owned and operated building center in the area. They have been proudly serving the best builders and homeowners with the best materials and services since 1906.
They have locations in Spirit Lake and Spencer Iowa with a complete line of building materials and builder’s hardware. They also have full showrooms of millwork, stone, decking and cabinetry.
Dollars spent with Consumers Lumber stay in Dickinson and Clay counties. They support all the area schools and youth organizations along with several other community charities. Consumers Lumber Company is also very proud of the fact that their 15 employees have over 200 years of combined service to our company and that they all live, shop and play here.
They offer timely and accurate project bids and drawings to better serve the areas builders and homeowners. They also provide free and fast delivery to the four county area.

Real Estate and MLS Homes For Sale in Spirit Lake Find more about Spirit Lake

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