Alaska Real Estate Blog

Starter homes are generally the "Entry-level homes" desired by first-time homebuyers or young buyers just getting started with their jobs, careers and families.

These "starter homes" in Anchorage, Alaska also have great appeal to empty-nesters or retirees who want a vacation home or year-round home that fits their budget. According to an article by Bankrate.com, there are several reasons why there is a bit of a national shortage of entry-level type homes. An experienced Anchorage Realtor, like Wolf Real Estate Professionals,  can help you locate homes for sale in Anchorage Alaska in the lower price range that’s still in a desirable neighborhood. Bankrate.com points out starter homes are scarce right now because of investors who turned them into rental

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When you finalize your purchase after you buy a new home, you may not be prepared for all of the paperwork you'll have to complete.  Your lender will have given you a very detailed estimate and break-down of the closing costs, pro-rations of taxes, deposits and other fees you will be responsible for. Closing costs (a catch-all term for the last fees due) can be a bit overwhelming that it's like a second sticker shock for some.    

The fees start with the home inspection and credit report and then build to things like loan origination fees and appraisal cost. But there are some ways to save with a little extra savvy. Here are some tips to help you reduce closing costs.

Look for the lowest fee before you begin. Or even get several quotes from a

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You love the holidays but hate all the complication and clutter that comes with it. You have to buy, send and file Christmas cards; shop, wrap and give gifts; and unwrap and organize gifts that you get in your home with barely any space. Here are some tips for the current and next seasons that will simplify your life.    

Go digital.

Much of the holiday clutter comes from having to deal with physical items, such as gift wrap, gifts, and holiday cards inside your house. You can eliminate these complications for next season by putting them online. Do your shopping on popular consumer websites, have them wrap the gifts and add holiday greetings, and then ship everything to your recipient. As for the cards you do get from everyone else, either scan or

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When thinking of looking at homes for sale in Anchorage Alaska, most people have a few questions about the financing needed to buy a new house in Anchorage. We hear a lot of questions about down payments for Anchorage homes, so we wanted to discuss some of the typical down payments amounts to help prospective home owners prepare.     

Down Payment Amounts

Home owners can put own as little as 5 percent of their own money in as a down payment - and in some cases even zero percent down, such with Federal or State veterans programs and with other specific home buyer assistance programs. In these cases, home owners may need to purchase additional mortgage insurance that guarantees home mortgage payment.  As a general guideline to avoid mortgage

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Although spring and early summer may be prime time to sell an Anchorage home because of families trying to get settled in time for the school year, another good time to sell is during the holiday break. Often buyers have the time available to look for a home.  

When preparing to sell your home in the fall and winter, take full advantage of the holidays and the positive memories they may evoke. Whether you hire a professional or do it yourself, staging a home for the holiday season can be fun. According to an article by Realtor.com on home staging tips for the holiday, most real estate experts advise putting up non-religious decorations for open houses.

Appealing to the sense of smell

 Although 8 percent of Realtors surveyed by Realtor.com said

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Make prospective buyers feel right at home when they walk through your front door by staging for the holidays. Staging a Home creates warmth and makes it feel homey to those viewing it, and adding holiday decorations can help you take it a step further.   

Show off your Space

Showing prospective buyers that there is plenty of room for a Christmas tree without the room feeling crowded is an excellent way to get them excited about your home. If you need to move or remove other furnishings to keep the space from feeling crowded, do so. Obviously, you don’t want it to look like something is missing, but removing non-essential pieces can help make plenty of room for the tree.


Show off extra Space

If you have a home office or other bonus room,

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Buying a foreclosed home is an ideal way of investing in affordable property.  Foreclosures are up considerably in Anchorage, which is one of the major housing markets in the state. If you’re considering buying a foreclosed home, here's what you need to know regarding Anchorage foreclosures.  

How a Foreclosure Works

The process starts when a homeowner or borrower fails to make loan payments with the lender having to file a public notice of default. If the borrower still can’t make monthly loan payments, the lender can repossess the property, reselling it to recover the loan cost.

In Alaska, foreclosure sales are done at public auctions at the front doors of local courthouses. The homes are sold to the highest bidder, which may include the

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House hunters may joyfully tromp through the snow to look at homes in Anchorage, Alaska, but selling your home in the winter takes some extra consideration. During the spring and summer prospective home buyers may be able to appreciate your vibrant green yard and flower gardens, decks, balconies and outdoor living space. Some home selling tips that can make a difference includes paying close attention to curb appeal, staging and highlighting any features that warm the home from fireplaces to heated floors. 

In the winter, some Anchorage homes tend to feel a little claustrophobic and dark. A reputable Anchorage Realtor can help you get your home ready to sell as well as market it to prospective buyers in Anchorage and around the country. According to an

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Buying a new home is a big decision in a person's life, not something to take lightly. It requires much of your time and, most importantly, a lot of your money  

You'll want to begin with your budget, consider things like your debt-to-income ratio, pull your credit report a few times look for anomalies, and then you'll finally be ready to look for a house and begin talking to lenders.

But how does a homebuyer looking to save know if they are getting the best price for their hard-earned income? The answer could be right in front of you. Here are some tips to help you know if you are getting the most for your dollar, and how to steer clear of paying to much.

Look for Help

Not just regular help, but the right kind of help. Talk to real estate

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You are ready to buy a home in Anchorage, Alaska. With the help of a seasoned Realtor, you should be able to sidestep the common causes of buyer’s remorse in home buying. According a recent study by HSH.com, 80 percent of homeowners had one or more regrets about the purchase of their home. Some of the home owners wished they could go back in time and pick a home that was a different size, had different neighbors or was in a different school district. Of course, during the housing boom, some people bought homes they couldn’t easily afford at the time. Eventually, people who were once underwater on their mortgages gained back equity. When going on the home buying journey, it’s wise to carefully consider several factors before signing the closing papers. By

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