sellboji

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

Matt Lippon Broker Associate (Real Estate Agent)

Matt Lippon

Broker Associate

712.330.0604

712.336.4967

Charlie Leissler Residential Sales (Real Estate Agent)

Charlie Leissler

Residential Sales

712.229.9809

712.336.4967

Greg Sheeler Real Estate Professional (Real Estate Agent)

Greg Sheeler

Real Estate Professional

712.330.1573

712.336.4967

Community Updates

Brooke Stecker Team Evans and Stecker (Real Estate Agent)

Brooke Stecker

Team Evans and Stecker

 641.420.2172

 brooke@sellboji.com

Central Emporium

Arnolds Park

The Central Emporium is the best variety of shops and attractions, all under one roof! This location features shops for swimsuits, sweatshirts, jewelry, decorations for your home and some things that

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Matt Lippon Broker Associate (Real Estate Agent)

Matt Lippon

Broker Associate

 712.330.0604

 matt@okobojipropertygroup.com

Immanuel Lutheran Church

Spirit Lake

Immanuel Lutheran Church 2300 27th St Spirit Lake, IA 51360 Services Saturday at 6 p.m. Sunday at 9 a.m.

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Greg Sheeler Real Estate Professional (Real Estate Agent)

Greg Sheeler

Real Estate Professional

 712.330.1573

 greg@okobojipropertygroup.com

All Pets Animal Clinic

Spirit Lake

All Pets has always gone above and beyond for our pets, providing amazing customer service, and pet service for years. Dr. Roti has always been so informative, and kind to us and our pets whenever our

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