Here's something you might be wondering: What's the difference between an REO property and a short sale? An REO property is one that has already gone through foreclosure and is currently owned by the bank, which is trying to sell it to a buyer. A short sale is a real estate transaction that takes place when an owner owes more on the mortgage than the house is currently worth and the bank agrees to a sale for less than the full mortgage balance in order to avoid foreclosure. A property involved in a short sale is not bank-owned. The number of short sale transactions has increased in recent years, and you're likely to run into homes like this on the market as you view properties. As with REOs, short sales can be complicated. TIPDespite what you may hear on TV, buying foreclosures is not a get-rich-quick scenario. REOs can offer a way to buy property at below-market prices, but the process is different than an average home sale.
Best little gem on the lake. Located on West Lake you will be able to sit and enjoy a nice cold beverage, a wonderful staff, and one of the best views in town. They have a wonderful selection of drinks you can choose from. Make sure to try one of their margaritas, it is the best on the lake in my opinion! Whether you want to enjoy the fireworks on the 4th of July, or just any sunset in the summer, Pirate Jack's is the place to be.
Boji Tan is a great tanning salon located in Spirit Lake. They offer different types of beds that are four different levels. This local business is very clean and the staff is always friendly and provides you with great service. At Boji Tan they don't only offer tanning but you are able to purchase AdvoCare products also. If you are going on a trip and want to get a base tan before you leave or if you just want to warm up on those cold summer days make sure to stop at Boji Tan!
The Boonedocks is your one-stop-shop! They have it all. Full selection of beer, wine, grocery items, and of course gasoline. Located right in Arnolds Park!
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