Alaska Real Estate Blog

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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Home buying in the twenty-first century should come with a handbook of do's and don'ts!

While it's true that planning can help out tremendously for first time homebuyers, even those who are armed with the previous knowledge can sometimes get into trouble. Which is to say, people so often get in over their heads when they buy their first home, they have no resources to help dig themselves out when times are tough.   

That's because (unfortunately) there are more costs associated with owning a home than just a mortgage, a fact that is overlooked far too often.

Here are three often overlooked costs of owning a home that you should be aware of.

Taxes on Property

New homeowners sign the dotted line for their lender, but ultimately

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When it comes to maintaining a home, cleaning air ducts is something many people think isn’t really all that important. There are actually several reasons to consider having your ductwork cleaned, a few of which are listed below.  In northern climates, like Anchorage, Alaska, people are putting more demand on their furnaces, so more air is going through their forced air vents than in the summer when its warm.

Improves Indoor Air Quality

Most people spend as much as 90% of their time indoors, where they are subjected to high levels of dust, pet dander and other allergens. Exposure to these things increases one’s risk of developing allergies, asthma or other respiratory disorders. This is especially true for children and the elderly, who tend to have

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The idea that you will be living in the same home after 30 years seems a bit, well, odd these days. But paying off a 30-year mortgage does happen more than you think, even if it doesn't take the entire loan term to do it. But how do people do it? Simple!

Here are 5 great ways of reducing your mortgage.

1. Never just pay the minimum. You've obviously heard this one before when related to credit cards. So what's the difference? Not much. Every payment that you make, add a little extra. In some cases, if you add even $100 to your monthly minimum, you can pay your home off in half the time.

2. Consider bi-weekly payments. If you can afford it. This can be done in one of two ways. You can set it up yourself, and simply make the payments on your

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Experts say the number of multigenerational households has reached a record high. For families living or relocating to Anchorage, there are a lot of spacious homes that accommodate several generations living under one roof.

Some simple home buying tips for the multi-generational household include layouts that provide privacy and separation as well as communal space. Some homes may have separate entryways, which is even more ideal for some households. According to a report by the National Association of Realtors, 57 million Americans or about 18 percent lived in households with several generations in 2012. Although the trend has been driven by young people in their 20s and early 30s living at home,

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Buying a fixer-upper home in Anchorage, Alaska may seem like the more affordable option. However, there are a lot of hidden costs to renovating a "vintage" or older home. Before buying a home that needs some work, consider the pros and cons of move-in ready or turnkey Anchorage Alaska real estate versus a “project.” According to an article by U.S. News & World Report, properties in need of serious repairs may cost homeowners more money and time than they realize. The article advises people to consider the location and risks before undertaking a complete home makeover. A lot of people are realizing the benefits of living in beautiful Anchorage, Alaska, where they can find everything from new construction inventory homes, lots for building custom homes as

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With a median age of 25 to 44, Anchorage, Alaska has not traditionally been a retirement Mecca. Active adults from the baby boomer generation are breaking tradition when it comes to retirement. According to an article by TopRetirements.com, Anchorage is great city for retirees who enjoy the outdoors and like an urban environment. It’s no surprise a growing number of retirees think relocating to Anchorage could be an exciting adventure.

Settling in a college town

According to an article by USA Today, baby boomers are flocking to college towns for retirement. Anchorage is a college town with both the University of Alaska-Anchorage and Alaska Pacific University. Baby boomers relocating to Anchorage like the youthful

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