Starter Home Near Airport, Earthquake Park, desirable location for First Time Homebuyers

Are you in doubt to invest in real estate? Do you believe that the entire process is predicated on luck and chance? Do you blame the market or the real estate industry when your investments fail? Many people lost money in investing and it's easy to sympathize with them but here's how you can do better and avoid losing money when investing in real estate. Avoid negative cash flow The market is unpredictable and nobody knows what tomorrow can bring. Avoid buying a property for the purpose of selling it later at a higher price. Instead, buy a property that generates the property's equal cost or more each month. Avoid losing money when selling in unfavorable conditions or even lose the asset to foreclosure. By doing this, you are protected from the market dips or stalling home prices. It is important to ensure that you have a positive cash flow that will give you more power when you exit the deal back into your hands. Keep some cash It is important t

Most buyers, especially first-timers, don’t realize that after an offer has been signed, you still have to get through post-inspection negotiations. Every discussion needs to be handled with care and clarity in order for the transaction to smoothly move forward. Deal-making and negotiations actually only start at the contract signing. Issues may arise after the home inspection and negotiation is a must for credits or fixes. A qualified inspector Find someone that has been in the business long enough to properly document everything. A thorough inspection can help you back up issues with pictures so you can properly use them to form a plan of negotiation. It is better to schedule the inspection as early as possible so you will have plenty of time to do follow-up visits if you need to. Better be safe than sorry. Repair lists After the inspection, identify the must-haves and the small stuff. Be reasonable and don't sweat the small stuff. Hand in the item that

Here's Alaska real estate market update as of December 8th to December 14th 2018. Still, on the top of our list is the  Anchorage market . During this week, 489 are currently active listings where 11 of which are new listings. 22 listings were pended and 36 were sold. Next is  Wasilla market , 369 are active where 22 are of which are new, 19 pended and 16 were sold. Compared to the  previous market update , you can see that there are less active and pended then more sold listings in Anchorage while more pended and same were sold listings in Wasilla for the week. See full report: If you want to know more on the latest real estate market update and is interested in buying or selling, give me a call (907) 570-6757 or 907-720-4663.

Most people at some point reach a real estate crossroad whether to renovate your existing home or buy a new one that will fit your current and future needs. To answer the question, you'll have to think of many factors. This is not a one-size fit all answer but answering the following questions may help you make the decision. 1. What can you afford? Extensive and realistic budget planning is an essential factor to make your decision. You need to know the renovating vs. buying costs. Is it cheaper to buy than to renovate your home? Whether one is cheaper or not, will it fit your budget? And if you do have the budget, will it be worth it? 2. Will there be enough space? One of the common reason people need to move or renovate is the need for expansion. Will there be enough space for you to expand if you are going to renovate? How about adding a 2nd story? You need to know if the home's foundation can support additional weight or it will require reinforcement. Also, is

Most people fear debt. So it is logical to think that if you have cash, it is better to buy a home with it to avoid massive debt associated with a mortgage. Are you buying a home in Alaska and wondering which is better? To pay in cash or get a mortgage? Check out each advantage below to help you decide. Advantages of buying in cash 1. More attractive buyer A seller may take a cash buyer more in consideration versus those with getting a mortgage. Mortgage process is time consuming and there will always be a possibility that the mortgage application will fall through so the seller will need to start over. 2. Potential of getting a better deal. If you are buying in cash, it puts you in a better place to bargain. 3. No hassles of getting a mortgage There are tight standards of getting a loan. It takes longer and need a lot more qualifications, work, effort and documents to do so. You don't also need to abide by any lender's rules. 4. No need

One of the most important process of home buying is the inspection where a professional makes sure everything in the house is functioning properly and identifies needed repairs. Buyers have an option of waiving an inspection but that might not be a good idea. You need a fair documentation of the property's condition whether existing or a new construction. There are many reasons to make inspection mandatory and here are the few: 1. A home inspector is your protector to make sure the house is not hiding anything before you commit to owning it. 2. Looks can be deceiving. A nice looking house does not always mean it is perfect all throughout. Problems with wiring, structural issues, and plumbing may not be visible so you'll need an expert opinion. 3. Extra money to pay for inspection can actually save you a lot. Paying for inspection may be cheaper than rewiring and repairing the entire house. 4. If there are repairs need to be done in the house, it can

Here's Alaska real estate market update as November 24th to November 30th2018. Still, on the top of our list is the  Anchorage market . During this week, 545 are currently active listings where 20 of which are new listings. 24 listings were pended and 27 were sold. Next is  Wasilla market , 386 are active where 15 are of which are new, 11 pended and 16 were sold. Compared to the  previous market update , you can see that there are less active and pended then more sold listings both in Anchorage and Wasilla for the week. See full report: If you want to know more on the latest real estate market update and is interested in buying or selling, give me a call (907) 570-6757 or 907-720-4663.