Buying a home in Anchorage, Fairbanks, Eagle River, Palmer, Wasilla, or North Pole can be an overwhelming decision, especially if it's your first time navigating the real estate market. And since this is likely the largest purchase you will ever make, it's important that you try to avoid the common mistakes that homebuyers have encountered before you. That's where Madden Real Estate comes in! We have included a list below of five things not to do when buying a home in Alaska, so you can enjoy a smooth process and settle into your new home with no worries!
Don't shop without an agent
Navigating the real estate market can be tricky, so why go it alone? Let Madden Real Estate be your guide to homes for sale in Alaska! You will want...
Once you've made the decision to buy a home in Alaska, your next few steps will likely be entirely financial. From making a budget to going over your finances to meeting with a lender and getting pre-approved, every cost involved with your Alaskan home purchase should be considered to avoid any surprises.
However, many new homeowners in Fairbanks, Anchorage, North Pole, Wasilla, Eagle River, and Palmer often find there are a few hidden costs that they didn't account for going into the process. As your local real estate experts, you can count on Madden Real Estate ...
Now that summer has officially arrived, you likely have a few vacation plans in the works. Whether you're headed to a tropical beach destination or venturing out on a staycation right here in Alaska, you will need to protect your home while you're away. And that doesn't just mean locking your front door!
Below are five ways you can secure your home while you're on vacation this summer:
Hold Your Mail
A pile of mail or packages both in the mailbox and outside your door is a big sign that no one is home. Have your mail held at the post office—you can do this easily in person or by filling out a form online—and pick it up when you return from vacation. This way, it is less obvious that you're away.
Set a Light Timer
Another major tell that no one is home is a dark house. If you head out on...
The real estate market has been making positive strides for some time, but the changes do also have some Alaskan homeowners considering "waiting it out." While that is understandable, there are a few factors to take into account that could impact your decision! Mortgage rates, for instance, are on the rise and are projected to be up one full percentage point by this time next year. If you've been mulling over a move, now may be the time to do so to come out ahead!
As I mentioned above, mortgage rates are increasing! This should raise a flag if you have a home to sell in Alaska as that means homebuyers are getting less for their money. It could also mean...
When you purchase a home in Alaska, you are likely thinking about new home projects, your finances, the mortgage payment. What you might not be thinking about is how much of an impact that home sale has on the local Alaskan economy in places like North Pole, Eagle River, Fairbanks and Anchorage.
The National Association of Realtors recently recorded findings from a Bureau of Economic Analysis & Macroeconomic Advisors study, taking into account the results of a home purchase. As it turns out, the total impact one typical home sale has on the local economy is just over $52,000.
Alaskan homebuyers are often unaware of how much their single home purchase can affect their community and...
As part of working with Madden Real Estate, we guarantee your home sale or we'll buy it. It's part of our Guaranteed Sales Program and part of what makes us the team you'll want on your side when selling your home in Fairbanks, Anchorage, Palmer, or Eagle River this summer. We'll help you—as an Alaskan home seller— to come up with an overall strategy that works for your particular home, including a desirable listing price and perhaps even home staging.
Before you list your home this summer, or before you let prospective homebuyers through the door, keep these home staging tips in mind to give your home sale an added boost:
Bird's Eye View
Put yourself in the homebuyer's position...
When it comes to buying a home in Alaska, there are many moving parts. All along your homebuyer journey, from finding your dream home to the closing, there will be paperwork— some of which may include terms you've never seen if you're a first-time homebuyer in Fairbanks, Anchorage, Palmer and Eagle River AK.
"The challenging part of the closing process is perusing the transactional documents that indicate whether or not you are getting the deal you believe you negotiated or were promised," a mortgage expert tells MSN Real Estate. "This is the most challenging part of the process because the stakes are high, and the time pressures severe."
But don't stress about the process of understanding the paperwork for Alaskan real estate, homebuyers! The following can help you take one document at a time and by the time you close on your ...
For many Alaskan homeowners this year, remodeling will prove to be a better bet than selling altogether. In fact, a new survey found that most Americans believe real estate is the best investment for long-term wealth, over stocks, gold and savings! It is a great idea to invest in your homes in Fairbanks or Anchorage if you plan on staying put, but if you are planning to sell in the coming months, it's important to know which remodeling projects are worth your time (and money!). So, before you pick up that hammer or paintbrush, keep in mind the following tips:
Replacing the Front Door
According to Remodeling Magazine's new Cost vs. Value report, replacing your front door has the highest ROI (return on investment) of all remodeling projects. It's the first feature of your home a potential Alaskan homebuyer will see and will likely set the tone for their entire perception of the home....