Wes Madden's Real Estate Blog

What You Need to Know Before Accepting or Rejecting an Offer for Your Alaska Home

Every Alaskan home seller dreams of earning top dollar for their property. Once the For Sale sign is posted in the yard and buyers begin to arrive for showings, you'll start to wonder when the offers will land in your lap. But no matter how many offers you ultimately receive, remember that the best one may not be immediately clear to you and come packaged with a big, red bow. 

There are many factors that should be considered in your decision to accept—or reject—an offer on your home in Anchorage, Fairbanks, Eagle River, Palmer, Wasilla, or North Pole. As your local experts in Alaska, we have listed four of the most important areas to research before you determine the best offer.

Contingencies
Even if you receive an offer over asking price, you'll want to make note if there are any contingencies. For instance,...

4 Reasons Why Lenders Reject Alaska Mortgage Applications

If you're just beginning the home buying process in Alaska, your first step will be getting pre-approved with a local lender. Next up? Finding your dream home and submitting a mortgage application to keep the purchase moving forward. However, many buyers find their application in the rejection pile due to factors they weren't aware of at the time. 

As your local real estate experts, Madden Real Estate has provided below four reasons why your mortgage application may be rejected so you can be sure to avoid them:

You don't have enough credit
While poor credit can put you in a sticky situation with lenders, not enough credit can do just the same. It is essential to...