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

Aaron Jones

Cell: 712.320.9442

Leah Hilpipre Huse

Cell: 712.832.0051

Community Updates

Campus Redemption Center

Campus Redemption Center in Milford

Have a bunch of cans piling up needing to be recycled? Look no further than the Campus Redemption Center in Milford, Iowa. Some may remember the old location as “Campus Video.” The owner Tom, has quite the set up and will pay $.04 for Iowa deposit containers that come in any bag whether sorted or un-sorted; these will be counted while you wait and there is a 500 limit per day. You’ll be paid $.05 for Iowa deposit containers IF pre-sorted and counted in clear redemption bags. Bags and boxes can be purchased inside. They do not accept glass of any kind. So the next time you’re thinking about tossing out those used cans, think recycling; think Campus Redemption Center at 1904 Okoboji Ave., Milford, Iowa. Hours are Monday - Thursday 12pm -5pm, Fridays CLOSED, and Saturdays 10:30am - 2:30pm.

Real Estate and MLS Homes For Sale in Milford

Bridges Bay Resort

Bridges Bay Resort in East Lake Okoboji

Bridges Bay Resort is built on the land purchased a few years prior which used to be owned by the Nielsen family of Arnolds Park. This huge complex consists of a hotel, 3 condo buildings (a 4th is under construction), and over 100 vacation cabins. A popular part of the resort is the indoor waterpark that cabin and condo owners have access to, but also, so does the public for a fee. Braccos is a fantastic summertime restaurant and bar which is frequented by boat, by car, and by foot, especially from the owners of the condos and cabins. All of the units at Bridges Bay have an opportunity for a boat hoist, and it is an extremely popular destination for out of towners looking for a vacation spot in Okoboji. Because Bridges Bay is not within the city limits, many owners utilize property management companies to help them rent their units by the day, week, and month. I've personally sold and shown many condo and cabin units and would be delighted to help.

Real Estate and MLS Homes For Sale in East Lake Okoboji

South Shore Estates

South Shore Estates in Lower Gar Lake

South Shore Estates is the newest lakeshore development on Lower Gar. Here you have access to West Lake, East Lake, Minnewashta, and Upper Gar.

Real Estate and MLS Homes For Sale in Lower Gar Lake

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