Saturday, July 22, 2017

The 5 Greatest Benefits of Homeownership

Recently, Freddie Mac reported on the benefits of homeownership. According to their report, here are the five benefits that “should be at the top of everyone’s list.”
  1. Homeownership can help you build equity over time.
  2. Your monthly payments will remain stable.
  3. You may have some tax benefits.
  4. You can take pride in ownership.
  5. Homeownership improves your community.
Let's expand on these 5 points a little.

Homeownership can help you build equity over time.

Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, reports that a homeowner’s net worth is 36 times greater than that of a renter. 

Your monthly payments will remain stable.

When you purchase a home with a fixed rate mortgage, the majority of the payment (principle and interest) remain constant. On the other hand, rents continue to skyrocket.

You may have some tax benefits.

There are several tax advantages to homeownership.
Here are four items:
  • Mortgage Interest Deduction
  • Property Tax Deduction
  • Imputed Rent
  • Profits from Home Sale

You can take pride in ownership.

Most surveys show that a major factor in purchasing a home is the freedom you have to design the home the way you want. From paint colors to yard accessories, you don’t need a landlord’s permission to make the house feel like a home.

Homeownership improves your community.

The National Association of Realtors recently released a study titled "Social Benefits of Homeownership and Stable Housing." The study explained:
“Homeownership does create social capital and provide residents with a platform from which to connect and interact with neighbors…Owning a home means owning part of a neighborhood, and a homeowner’s feelings of commitment to the home can arouse feelings of commitment to the neighborhood, which, in turn, can produce interactions with neighbors.”

To read the rest of this article, click here. 

Friday, July 21, 2017

Borders 640 Acres of Endowment Land!

Borders 640 acres of endowment land! Located at 4708 W. Diagonal Rd in Rathdrum. Large open family room, wonderful kitchen with birds-eye maple cabinets. Anderson wood windows with beautiful view of Rathdrum Mountain. Main floor master suite along with two other bedrooms and another bathroom. Downstairs 2 bedrooms, 1 bath, office, open family room with beautiful wood ceilings, extensive tile & a gorgeous custom bar. Attached 2 car garage plus a 38x50 insulated shop with wood burning stove! Pasture and trees, private 350' deep well in the aquifer.

See photos below.

You can also learn more about us at lowesflatfee.com.  

Thursday, July 20, 2017

Beautiful Home With Shop

Beautiful home with 24x36 shop on one of the largest lots in Bridgewater subdivision. Located at 1619 Indian Hollow Drive in Idaho Falls. The master features walk-in closet and bath with shower and jetted tub. All the other bedrooms have double-door closets with built-ins. New premium carpet and upgraded pad were installed throughout the entire home in 2016. Central vacuum system. The kitchen has stainless steel appliances and beautiful knotty alder cabinets. The tubs and showers all feature tile surrounds. The basement has lots of light provided by large and upgraded lights. There is a large storage room with shelving, a cold storage room and separate utility room. Nighttime security is enhanced by outdoor LED lighting set to an automatic timer. The back yard has large evergreen trees, a spacious concrete patio and lots of space to play. Great shop for boat or RV. Lots of additional parking. There is additional 300+ square feet of storage in a bonus room above the shop.

You can also learn more about us at lowesflatfee.com.  

Wednesday, July 19, 2017

Boise Home With Mature Landscaping

Come take a look at this cute Ranch Style home located at 1154 S. Jackson Ln in Boise. Beautiful mature landscaping with covered patio. Close to all the conveniences.

You can also learn more about us at lowesflatfee.com.  

Monday, July 17, 2017

Gorgeous Large Lot

Gorgeous curb appeal on this move in-ready home located at 1823 Primrose Dr. in Nampa. Located in quiet established south Nampa neighborhood, with good mixture of ages. Large .81 acre, room for RV parking, animals, garden etc. all with view of the Owyhees. Take a quick walk to Wilson Ponds or the greenbelt. Kitchen has ample counter space, island, stainless appliances, pantry and just a step to the laundry room with built in office. Formal dining along with eating area, double sided fireplace, laminate flooring, family room and bonus room.

You can also learn more about us at lowesflatfee.com.  

Saturday, July 15, 2017

Cute Cottage Style Home

Cute Cottage style home located at 1103 E. Clark Ave. in Nampa with original hardwood floors, coved ceilings, and arched doorways. Nice size yard with beautiful shade trees and pressurized irrigation. Near NNU, parks, and the REC center. great starter home or investment property. This home won't last long.

You can also learn more about us at lowesflatfee.com.  

Thursday, July 13, 2017

Short Walk to Private Beach

Walk the Centennial Trail down to the Private Beach.  Located at 3283 N. Millwright Ln in Coeur d'Alene.

You can also learn more about us at lowesflatfee.com.