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

Want to get out of the cycle of renting a home but you can't afford to buy it on your own? There is a thing called co-buying to help you achieve the American dream of owning a home!  Co-buying is becoming more and more common in the last few years especially when property prices increase compared to most people's regular salaries, people are getting married later in life is a trend and rent is becoming as expensive or sometimes more expensive than paying a mortgage. What is Co-buying? It is when two or more people buy a property and agree to share ownership for it. It can be a partnership between close friends, relatives, couples or even a company. What are the options in doing this? There are two options for co-buyers in deciding on how you will both take and hold the title to the home and share ownership of it. 1. Joint tenancy with Right of Survivorship (JTWROS) - this is when the ownership is divided equally between the owners regardless of the investment

Here's Alaska real estate market update of July 13th to 19th 2019. Still, on the top of our list is the  Anchorage market . During this week, 613 are currently active listings where 62 of which are new listings. 70 listings were pended and 50 were sold. Next is  Wasilla market , 466 are active where 43 are of which are new, 43 pended and 19 were sold. Compared to  the previous market update,   all numbers had significant incearse in the Anchorage market.  In Wasilla, new   and sold remained the same and pended listings increased. 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.

When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area. Here are five criteria to look for in a sales comparison. 1.      Location:  Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in the same neighborhood is a good start, but comparing it to homes on the same street or block is even better. 2.      Date of sale:  It varies by location, but housing markets can see a ton of fluctuation in a short time period. It‘s best to use the most recent sales data available. 3.      Home build:  Look for homes with similar architectural styles, numbers of bathrooms and bedrooms, square footage, and other basics. 4.      Features and upgrades:  Remodeled bathrooms and kitchens can raise a home’s price, and so can less flashy

Here's Alaska real estate market update as of July 6 th to 12th 2019. Still, on the top of our list is the  Anchorage market . During this week, 606 are currently active listings where 76 of which are new listings. 58 listings were pended and 49 were sold. Next is  Wasilla market , 477 are active where 50 are of which are new, 41 pended and 26 were sold. Compared to  the previous market update,   all listings for both market had increased. The market is getting busier as it is. 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.

Can You Invest Using An FHA Loan? Lots of people make money by investing in Real Estate. It requires a great deal of capital and knowledge to do so though. You really have to study and learn to avoid investment mishaps. So, can you get around the big capital requirement to invest using an FHA loan? What is an FHA Loan? It is a home loan guaranteed by the Federal Government - the Federal Housing Administration. It is designed for low-to-moderate income borrowers as it require a lower minimum down payment and credit scores than most conventional loans. How does it work? So, traditional lenders make these loans to those who qualify then the government serves as the insurer for the loan. Borrowers qualify for a little as 3.5% down for a credit score of 580 or higher. Buying A Rental with an FHA loan So, if you don't have much cash as a capital for a rental investment, can getting an FHA loan an option? The answer is yes, but keep in mind that whe

Here's Alaska real estate market update as of June 22nd to 28th 2019. Still, on the top of our list is the  Anchorage market . During this week, 590 are currently active listings where 63 of which are new listings. 49 listings were pended and 42 were sold. Next is  Wasilla market , 469 are active where 43 are of which are new, 28 pended and 19 were sold. Compared to  the previous market update,   current active and new listings increased while sold and pended decreased in Anchorage market.   In Wasilla, a slight increase in the current active and all others slightly decreased. 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.