The Madden Real Estate Blog

How to Transition from Renter to Homeowner in Alaska

Fall is a great time to become a homeowner in Alaska! Not only is a new season just beginning, but you have the opportunity to secure a low interest rate and settle into a home before the cold weather arrives.

But what if you’re currently a renter in the Anchorage, Fairbanks, Eagle River, Palmer, Wasilla, or North Pole areas? Don’t worry! Madden Real Estate has provided a few ways below that you can prepare to take advantage of this exciting time in the local real estate market.

Research all of the costs
There are more costs involved with owning a home than just your monthly mortgage payment. For first time buyers, this may come as a surprise, but with the proper amount of research, you will be able to determine exactly how much you can afford in a home....

3 Mortgage Myths to Correct Before Buying an Alaskan Home

Did you know misconceptions and myths are what holds would-be homebuyers back most in Alaska? Buying a home is indeed one of the biggest steps you will ever take, but don’t allow what you assume is true or required to become fact without first doing the research.

As your local real estate experts in Anchorage, Eagle River, Palmer, Wasilla, North Pole, and the surrounding areas, Madden Real Estate is happy to help you clear a few things up! Below are three myths surrounding mortgages that may be keeping you from purchasing your dream home in Alaska:

Myth: Your best credit scores will be used
When you apply jointly with another borrower for a mortgage in Alaska, your...