Living in Alaska

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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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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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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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When home buying, you're most concerned about location, price, and floor plan. However, because you live in the 21st century, you also want a place that can handle the modern technology that you depend on every day. Here are some things to think about when searching for such a home.

•    Is anybody out there? Even if you decide to go retro with a land line, you probably rely on your smartphone to keep in touch with the outside world. So make sure your home has adequate cellphone reception. As soon as you step on the grounds, call up a friend so you can gauge the signal. Do the same things in each of the different rooms. After all, you don't want to step outside your house every time you want to make a smartphone call.

•    Green means nature and

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Home buyers in Anchorage, Alaska, or anywhere else for that matter, do often look for the best deal they can get in real estate.  Everyone wants to feel like they "got a deal or a concession" when they make a major purchase.   To sell a home in less time, it may behoove sellers to consider offering buyer incentives or perks. Sweetening the pot with various incentives can work to your advantage when home selling in Anchorage. According to an article by Alaska Dispatch News, end of the year buyers are more selective and cautious when buying a home in Anchorage. Although the inventory of homes is still low, sellers still have to stand out to potential buyers. If you live in home that’s not in a desirable location or can’t provide what experts call “long-term

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Snowbirds or part-time residents of Anchorage, Alaska, shouldn’t have to worry about their property when they are far away on a beach in a tropical climate. Home buying for snowbirds doesn’t have to be complicated because there are a number of condos that offer the lock-n-leave advantage. Anchorage condos and townhomes range in price from $100,000 to over $500,000. Part-time residents don’t have to worry about outside maintenance. A security system as well as attentive neighbors can help keep their property safe when they are away. An experienced Realtor who knows the Anchorage, Alaska, condominium and townhouse market can help you figure out what’s best for your active lifestyle whether you are a retiree or young world traveler.

For the small

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Between the cash it takes to get started on your own and college debt following you from school, it takes many young people a while to build up their credit and adaquate cash researves to be able to buy their first home; In addition, the uncertain real estate market over the previous five years overshadowed the home buying commitment with some skeptisism.  The combination of the above has created a pent-up demand for the so-called “starter homes.” Meanwhile, some retiring baby boomers are also looking to downsize into smaller and less expensive homes, often those without stairs.

According to an article by Active Rain, first-time homebuyers are demanding something different in an entry-level home. A recent survey of first-time homebuyers found 87

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