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.
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Local Expert Updates
Brooke Jones
Cell: 641.420.2172
Janie Eick
Cell: 712.339.0574
Aaron Jones
Cell: 123.475.4564Community Updates
Bobs in Arnolds Park
Bobs in Anrolds Park is famous for the Bobs dog. This is a place the whole family will enjoy. You will be able to enjoy an old fashion maid rite, hot dog, and don't forget the amazing shakes! Located right in the heart of all the action in Arnolds Park you will be able to park the boat and walk up to Bobs. Eat on the patio over looking West Lake or take your meal to go and enjoy it on the boat!
Okoboji View Golf Course
Okoboji View is a public 18-hole golf course with membership availability. It is a beautiful golf course with an emphasis on nature and offers many challenges with fast greens, beautiful water features, tree lined fairways and rolling hills.
The newly remodeled restaurant and bar - renamed Pub19 Bar & Grill in 2015 - is full service and you can enjoy drinks and dining on the large new deck overlooking the golf course.
Whether you need a golf lesson or a professional club-fitting, or if you need to schedule your corporate golf outing, wedding rehearsal dinner/reception or class reunion, or just want to enjoy playing at one of the best courses in Northwest Iowa - Okoboji View Golf Course, a family run facility, is for you.
Mary's Home Decor & Gift Shoppe
Mary's Gift Shoppe will tickle your senses with the unique blend of home decor and gifts. Our year-round shoppe offers great decorative accessories for the home plus beautiful clothing, jewelry and handbags to accessorize you, also custom floral design and embroidery work, bridal registry, and a wide selection of kitchen gadgets that make cooking and entertaining easy. One stop and you'll be hooked! Fun and friendly! Conveniently located off of Highway 71 South and 30th Street in Spirit Lake, Iowa.
