The listing price of your Alaskan home is one of the most important aspects of the entire selling process. In fact, if the listing price is not reasonable from the very beginning, you could risk a whole segment of buyers passing over your property. What's more, there is one specific factor that will have the final say when it comes to what your Alaskan home sells for and it could make or break the deal— the appraisal.
If the appraised value of your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole comes back too far from the listing price, any deal you come to with a buyer could fall through. Below are four ways to get ready for your ...
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 ...
Selling your Alaskan home is a major task— one that requires much research and preparation. However, many homeowners in Alaska fail to check the important steps off of their list when listing their home and as a result, their home may "sit" on the market for longer than they'd like or they may end up getting less than they'd like for the property.
How do you avoid this slippery home seller slope? As your real estate experts, Madden Real Estate has included below five ways to get top dollar for your home:
Don't ignore your real estate agent
Remember that your agent has vast experience in selling Alaskan...
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...
Excitement runs high when you purchase a new home in Alaska— you start to envision where all of your belongings will go, where your family members will stay, the purposes for each room, you name it. But remember, there is only one person that knows the property better than you at the moment and that is the seller.
In order to avoid any surprises down the road, and to get to know certain quirks that the home may have (that won't be listed on the inspection report!), Alaskan homebuyers can ask the seller the following questions:
What quirks does the home have?
Does the window in the bedroom stick when it gets warmer? Does the refridgerator make noises from time...
The summer season is upon us here in Alaska and with the market (and the weather!) beginning to heat up, many more buyers are out and about browsing available homes! But once you've found your dream home in Fairbanks, Anchorage, Eagle River, Wasilla, Palmer, or North Pole and you've moved on to applying for a mortgage, you may find that there is one factor that is stalling your loan approval— debt.
As we have mentioned in past blog posts, it's important to groom your credit score as much as possible before applying for a mortgage, but also to pay down high interest debt. There are a few common types of debt that will affect your mortgage approval and as your local real estate experts, we've listed them below!
As the local Alaska real estate market continues to heat up and more buyers score their dream homes, thoughts will quickly turn to packing up and moving. Moving can be an overwhelming and stressful process, but like any task, with enough research and preparation, hiccups can be avoided!
Madden Real Estate has provided three common moving disasters and how to avoid them below, so your journey to your dream home in Anchorage, Eagle River, Palmer, North Pole, Wasilla, or the surrounding area can be as enjoyable as possible.
1. Using a Bad Moving Company
Lost items, broken furniture, a miscommunication on which date to arrive— these scenarios...
Selling your home in Alaska is a major decision with many moving parts. From preparing the property for sale to choosing the listing price to accepting the best offer and finally, reaching the closing table— it is essential to work with your real estate agent to ensure you stay on top of it all! If not, you may find yourself facing obstacles like a lower than expected home value. But lucky for you, that can be avoided!
Below are five factors that can bring down your home value. Keep these in mind in order to keep your home sale process running as smoothly as possible:
1. Poor location
While you may not be able to...
The home inspection is a crucial part of the home buying process in Alaska. It's what informs you of existing problems with the property, including everything from outdated plumbing to a faulty roof, and helps provide peace of mind for making such a big purchase. But for Anchorage area buyers, what comes after the inspection is just as important— negotiating home repairs!
Many buyers do not understand that negotiating can be done long before you even reach the closing table to sign on the dotted line and in fact, it's one of the ways you can land the best possible deal in the end.
Below are three ways you can negotiate home repairs after the home inspection in Anchorage, Fairbanks, Eagle...
When selling your Alaskan home, it may seem like your to-do list grows by the minute. Cleaning out the garage, repairing that leaky faucet, choosing a real estate agent, staging, you name it! With all of these tasks at hand, it is easy for some to fall through the cracks— even the most important, like doing your due diligence on an agent.
If you're planning to sell your home in Fairbanks, Anchorage, Eagle River, Palmer, North Pole, or Wasilla, it is essential that you jot down the following tasks that are so often forgotten by Alaska home sellers!
Researching your agent
As I mentioned above, selling your home is a major decision and should not be handed over to just any ...
If you're feeling the urge to move on to a new home in the Fairbanks, Anchorage, Eagle River, North Pole, Wasilla or Palmer area, you've likely been spending time getting your home ready for the market. You may have repairs to make, pricing to research and staging to plan, but there is one more important factor to consider as an Alaskan home seller— safety!
Before you allow buyers through your door this spring, there are a few key tips to follow to help keep both your home and your belongings safe.
Hide your valuables
No matter if you keep your jewelry in your closet or out on your dresser, it's time to put it away! You cannot be sure that buyers won't peek inside closets, so take care to hide your valuables. This means spare keys,...
With the new year now just two days away, it's time to start planning how you will ring in 2017 in the Anchorage and Fairbanks area! From fireworks displays to skiing and snowboarding down a torch-lit mountain, there are many different ways to celebrate a fresh start— you just have to choose one!
As your local real estate experts in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole and beyond, we have included a few of the New Year's events happening around the area below:
Fire & Ice Festival New Year's Celebration
December 31, 2016; 5 PM to 8 PM
Town Square Park, Anchorage AK
This free event has become an Anchorage tradition! Come enjoy the live music, street performers, fire dancers, kids ice gallery,...
With mortgage rates slowly climbing, many residents in Anchorage, Fairbanks, North Pole, Palmer, Wasilla and the surrounding areas are wondering if now is the time to purchase a home or if they should wait it out to see what the new year brings. As your local real estate experts in Alaska, Madden Real Estate can share that now is the perfect opportunity to become a homeowner!
In fact, buying a home is now cheaper than renting in 100 of the largest metro areas by nearly 40 percent! Owning a home is not only a great way to begin building wealth, but it acts as a means of "forced savings" where you can essentially pay yourself just by paying down the balance of your mortgage.
Below, we've included five reasons to help you determine...
Fall is officially here in Alaska! The kids are back in school, temperatures have already started to dip and the leaves are now turning colors and falling. Soon enough, we'll be tempted to turn up the heat and settle in for the long months ahead. But is your Alaskan home prepared?
Madden Real Estate has included several tips below to help you get your home ready for the upcoming fall and winter seasons:
Clean your gutters
Clogged gutters can cause serious problems like water damage to interior falls, leakage through your foundation into your basement, rodent infestations and more. Not to mention, in the winter months, clogged gutters can lead to ice dams. Now is the time to clean them out and run water though them—you can do so with a hose—to ensure there are no...
While inventory may be lower than it has been in past months, there is no shortage of homebuyers in the Fairbanks Alaska area! Buyer traffic has continued to rise and with May having just begun, it's safe to say we are in for a busy summer in the local real estate market!
If you have just started your home search in Fairbanks, Anchorage, Eagle River, Wasilla, Palmer or North Pole, now is the perfect time to prepare to make your home purchase a reality. Below are five ways Alaskan buyers can prepare to purchase a home this year:
Research your creditYour credit score will be an important piece of the puzzle when meeting with a lender. They will comb through your credit, pulling your scores from the three major reporting bureaus, to determine...
Spring is nearly here and along with the new season will come a wave of activity in the real estate market. More buyers will begin their house-hunting journey for properties in Anchorage, Fairbanks, Wasilla, North Pole, Palmer and the surrounding areas and sellers will take the necessary steps to list their home and move on.
It will be a busy time for moving in Alaska and with the hustle and bustle, many things are bound to be overlooked. Madden Real Estate has put together a list of common things people forget to do before moving to a new home in Alaska so you can cross the added stress off of your list!
Cancel any recurring charges
Memberships and mail orders are two factors that can continue to rack up your credit card bill while you're in the midst of moving in ...
With the rising costs of rent and mortgage rates that continue to dip below expected levels, dreams of homeownership are becoming quite commonplace for many renters in Alaska. However, many would-be buyers are holding back this year due to misinformation about what it takes to become a homeowner.
A new survey from Bankrate.com found that nearly half of all current renters say they haven't purchased a home yet because they don't think their credit score is high enough or they don't have enough money saved for a down payment.
So what does it take? It's important to keep the following two factors in mind before you jump to conclusions about your ability to purchase a home in Alaska this year!
Credit ScoreAnother study from Fannie Mae recently found that 59 percent of Americans "don't know"...