Alaska Foreclosed Homes: 6 Rules for Buying Online

Posted by Dan Wolf on Friday, January 31st, 2014 at 5:43am.

Real estate websites and auctions are making is easy for buyers to purchase Alaska foreclosed homes online. Here are a few rules to help you come out on top.

Alaska Foreclosed Homes: 6 Rules for Buying Online

Ready to hit the web and find Alaska foreclosed homes? Our piece of advice? Be serious, be precise and get ready for action... and always remember, even though it's a bargain... it's still a major purchase, so don't take it lightly.

Here are our top 6 rules for finding Alaska foreclosed homes on line to buy.

#1 Choose a good real estate website, like ours! www.AnchorageHomeSearch.com has a list of foreclosed properties ready for you to see. These properties come directly from REO listing agents and the Alaska MLS.

We are a Alaska real estate office with a real address, phone number and reputation, unlike other websites out there. We don't charge you anything to look for homes on our site.

We don't charge you to contact us either. We will find properties in the MLS or go directly to banks to get a current and up to date list.

#2 Do your research when you see a property that you like.

  • Know the worth of each property in the location where you are searching. A good way to do this is to check out the values of homes in the area.
  • Request a showing and go look at the home and request an inspection. Alaska foreclosed homes can be damaged by people leaving the property.
  • Get preapproved so you know what price range to look in.

#3 Do even more research...you can never do too much. Check the county records office and make sure there are no tax liens on the property.

#4 Know the law especially if you do not live here in Alaska. Alaska foreclosed homes are regulated on a state level, not national. Be very familiar with the laws in our state.

#5 Budget your cost accurately and make sure your offers gives you the room to make renovations and include any taxes and fees.

#6 Remember your lifestyle and don't just buy a foreclosure because it's a great deal. Think about the area you want to live, where you travel to and what your work commute will look like.

Ready to get started? Skip all the hassle and let us do the work for you. Contact one of our agents with the experience to help you find Alaska foreclosed homes.

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