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
From our previous blog, How Co-Buying Can Help You Become A Homeowner , we discussed well, as what the title says, how co buying can help you become a homeowner. With that being discussed, there are also pros and cons of doing so. Pros 1. It makes owning a home more affordable because you have someone to split the down payment with. 2. It can help you build equity earlier in life. 3. Help you share and save money on utilities and other maintenance expenses. 4. You have the option to predetermine how the asset will be divided in the event of a split. 5. Income pooling with your co buyer can help you shop in a higher price range than you can normally afford alone. Cons 1. The interest rate will be determined from whom who have the lowest credit score between the buyers. 2. If your co buyer can't make the share of the payment, the entire burden will fall on the other buyer. 3. If you chose TIC for the title, your co-owner can sell the ho
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