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

Janie Eick Real Estate Professional (Real Estate Agent)

Janie Eick

Real Estate Professional

712.339.0574

712.336.4967

Matt Lippon Broker Associate (Real Estate Agent)

Matt Lippon

Broker Associate

712.330.0604

712.336.4967

Community Updates

Matt Lippon Broker Associate (Real Estate Agent)

Matt Lippon

Broker Associate

 712.330.0604

 matt@okobojipropertygroup.com

Jimmy Johns

Spirit Lake

Jimmy John’s Spirit Lake 1007 18th St Spirit Lake, IA 51360 Jimmy Johns offers a fresh and quick sandwich at affordable prices. If you are low on time, hit up one of the two locations in the

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Janie Eick Real Estate Professional (Real Estate Agent)

Janie Eick

Real Estate Professional

 712.339.0574

 janie@sellboji.com

Ruthven Meat Locker

Ruthven

Ruthven Meat Locker is a local family owned business. Ruthven Locker at the Lakes is their 2nd retail store (with the original Meat Processing plant being a staple in the small town of Ruthven, Iowa).

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Amber Oberman  (Real Estate Agent)

Amber Oberman

 773.308.5177

 amber@sellboji.com

The Inn Hotel

Arnolds Park

Coming soon to Arnolds Park is the Inn Hotel! Welcome to an era of the past. With its art deco inspired vibe and décor, you will be transported back in time to The Golden Age of Okoboji. The

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