Living in Alaska

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With vacancy rates so low for Anchorage rentals, it is a good time to invest in real estate. When finding homes to fix up and turn into rentals, many investors gravitate toward foreclosures and short sales. On the downside, it can take a while to close on a deal on Anchorage foreclosures and short sales. On the plus side, you are more likely to get a great deal, which gives you more money to fix up the property to rent it out at a profit. An experienced Anchorage Realtor can also show you homes that are traditional sales. Some traditional sales also work as investment properties, especially if it’s a motivated seller. According to an article by interest.com, not all of the foreclosure deals are as compelling as they were when the housing recovery started.

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When staging a home for sale, some people assume it’s best to have a home set up to look as though it has never been lived in before. When a home looks as though the previous owners have moved on, the buyer may start to sense desperation to sell. After all, few people want to be making payments on two mortgages. According to an article by The Tampa Bay Times, some home sellers are going so far as to hire “human props” to live in their homes until they get sold. While the house sitters do keep the home clean, they also make it look a little lived in. Homes, experts have found, sell faster when there are clothes left in the closet and dishes in the dishwasher. A Realtor who is experienced in the Anchorage housing market can offer you advice on how to stage

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If you have been hesitant to list your home for fear it’s not worth as much as you hope, contact Wolf Real Estate Professionals, a local Anchorage Realtor, to find out the truth. Home selling across the country has been somewhat stagnant since many people owed more on their mortgages than their homes are worth. However, with home values going up in Anchorage, Alaska, it’s a good time to list. According to a piece by the Los Angeles Times, homeowners underestimate how much their home is worth. The article cites a Home Price Perception Index created by Quicken Loans. It turns out 1.6 percent of homeowners underestimate how much their home is worth when compared to an appraiser’s estimate. Experts say owners are behind on home valuations because they aren’t

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If you are contemplating becoming a home seller for the first time in Anchorage, Alaska, the first place to start is with a trusted Realtor who knows the area well, such as the Wolf Real Estate Professionals. A well-networked Realtor can be the difference between a home that languishes on the market for months or even years versus a home priced right with many showings and offers on your table. According to an article by HSH.com on home selling tips, just because you bought a home doesn’t mean you know everything there is to know about selling one. Novice sellers may assume they can list their home for an unrealistic price, especially when inventory is low down in Anchorage. However, other factors come into play such as how much a lender will loan an

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Business owners and people who are self-employed in Anchorage, Alaska have a more difficult time getting a mortgage. When it comes to qualifying for the mortgage you need to buy your dream home, there are steps you can take to make the lending process less rocky. According to an article by CNBC, recent report by Zillow shows self-employed people often buy bigger homes and put more money down on the homes they buy. However, not as many lenders are willing to work with self-employed people who are seen as a higher risk. While employed people often have to provide paperwork such as proof they are still employed, their W-2 forms, pay stubs and financial records as well as tax returns, self employed people have to go above and beyond the standard.    

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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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