How to Move Your Fairbanks or Anchorage AK Closing Along This Summer

Buying a home in Alaska is a process that ultimately ends with your closing. However, there can be some bumps along the way that cause the closing date to be pushed back.

Closing delays can be caused by both the Fairbanks or Anchorage area home seller and the homebuyer— but, don't be dismayed! There are steps you can take to ensure the process moves smoothly this summer:

Have your agent help
Once your property is under contract in the Fairbanks, Anchorage, Eagle River, Wasilla, Palmer, or North Pole area, your real estate agent can check in with all of the parties involved once (or more!) per week. An expert real estate agent can notice surprises or changes in the transaction and work ahead to prevent any delays.

Keep in touch with your lender
Buyers in Alaska should check in with their lender often, as much as once per week. With so much paperwork involved in today's real estate transactions, lenders can need the same information over and over again. When lenders ask for documents or signatures, do your best to get it to them right away!

Keep your finances on track
If you're in the process of obtaining financing for your Alaskan home, do not make any major changes as even the littlest one can affect your closing status. Buying a new car or applying for a credit card can affect your loan and could cause you to lose the loan entirely or delay the home purchase.

It's an exciting time in the real estate market for both buyers and sellers, so don't let a closing delay get the best of you! More often than not, closing delays can be avoided by planning and exercising financial care during the home purchase period. Simply stay on top of the parties involved in the transaction and your home closing should move along swiftly this summer!

Have questions about the closing process or buying a home in the Fairbanks, Anchorage, Eagle River, Wasilla, Palmer, or North Pole areas? Contact Madden Real Estate today! Our experts are here to help!

We look forward to hearing from you!

Wes Madden, CEO
Madden Real Estate
(907) 452-3000

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