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

Greg Sheeler

Cell: 712.330.1573

Aaron Jones

Cell: 712.320.9442

Janie Eick

Cell: 712.339.0574

Community Updates

Lisa's Bake Shop

Lisa's Bake Shop in Spirit Lake

Located in Spirit Lake Lisa's Bake Shop offers a large selection of bakery items along with to-go deli items. If you are looking for something specific you certainly can call ahead and order a personalized cake or cheesecake or just stop in a grab some of their famous cinnamon rolls and caramel rolls. If you cant decide what to have for lunch or dinner stop in and check out their large selection of take and bake meals and soups. You will not be disappointed!

Real Estate and MLS Homes For Sale in Spirit Lake

Burger & Company

Burger & Company in Spirit Lake

Gourmet Burgers, Spicy Chicken Thigh Sandwiches, Lobster Rolls on Friday & Saturday, Cubans, Hot Tots, Rosemary Sea Salt Fries, Beer Battered Cheese Curds, Scrumptious Milk Shakes, Crisp Salads, Huge Cookies & More!

Real Estate and MLS Homes For Sale in Spirit Lake

Disc Golf in Lake Park

Disc Golf in Lake Park in Lake Park

In 2012, thanks to many local sponsors the city of Lake Park was able to build and design a 9 hole disc golf course. Nestled around the city park, pool, campground, and football field, the disc golf course offers some great challenging holes. The course was designed by Lake Park disc golf enthusiasts Nicholas Hemphill and Tristam Nebelsick. Disc Golfing offers a family friendly opportunity get out and enjoy the outdoors.

Real Estate and MLS Homes For Sale in Lake Park

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