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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Community Updates
Boji Toes
If you're visiting the lakes area, and want to be pampered, Boji Toes gives the best pedicures in town! Also offering manicures, from traditional to shellac, as well as waxing, they really take pampering to the next level. I also know that they love to get male clients, and will even offer them a beer! Talk about great service!
Kozy Heat
The Kozy Heat Fireplaces Gallery is a fireplace dealership located just off of Highway 71 in Arnolds Park, IA. The gallery is an authorized dealer of the following items: gas fireplaces, wood fireplaces, electric fireplaces, outdoor fireplaces, pellet grills, gas grills, smokers, charcoal grills, and ceramic grills. The Kozy Heat Gallery also offers all the tools, amenities, and gear you could possibly dream of to outfit your patio or grilling station to make your house the best hangout spot in the neighborhood. Most importantly, the Kozy Heat Gallery's mission is to assist in outfitting your home or business with the best fireplaces, grills, or accessories out there for each and every customer. With a high standard for customer satisfaction, the superb staff are always excited to accommodate your every need.
Nautical Bar & Grill
This Bar/Restaurant has an amazing selection of beers on tap and bottled to suit any beer drinkers needs. Nautical serves lunch & dinner and be sure to try the wings, which are made with homemade sauces and cooked to a crisp perfection. A great atmosphere in the heart of Arnolds Park.