For any Anchorage Real Estate resident who has ever been stymied by seemingly arbitrary (or, put another way, nutty) lowering of his or her all-important credit score, next month’s beginning rollout of Fair Isaac’s new credit score model should be welcome news. It will be known as “FICO 9”—and promises to correct a few of the previous model’s inadequacies. Why now? It’s been six years since San Jose’s Fair Isaac Co. last tinkered with their credit score methodology. Hmmmm…it’s been … Continue reading →
“At the end of the day…” “The bottom line…” “When all is said and done…” The final verdict on whether any activity is ultimately deemed a triumph comes down to how successfully it addresses future circumstances. It’s especially relevant when you find yourself at the outset of searching for a new Anchorage Real Estate home. That’s not always as easy as you might think. The pressures of the moment (especially when the change of residence is mandated by outside factors—like … Continue reading →
If you are preparing to sell your property in Anchorage this fall, it’s worth considering what the marketing angle will be: how to characterize it most accurately—and appealingly. It starts with the choice of wording for your home’s property type, which will set up prospective buyers’ expectations before they come upon the more detailed description. Cottage or Bungalow This property description instantly conjures up images of a small, cozy, picturesque Anchorage Real Estate property. Buyers attracted to a cottage are … Continue reading →
If you’ve been following foreclosure news, you already suspect that cashing in on foreclosed home opportunities in Anchorage Real Estate must be getting more difficult. According to CoreLogic’s Insights report at the end of last month, foreclosure inventory across the nation had dropped 35% from a year earlier. Whenever the number of available bank-owned homes shrinks, the tighter market produces some predictable results: the best deals are usually snatched up quickly with multiple offers and/or higher-than-asking prices, while questionable deals—foreclosed … Continue reading →
When you begin scouring the Alaska Real Estate listings for a new home, the cost of the home appears to be right there at the top: the asking price. All the other details about the property are there, too, but they usually get close attention only after that dollar amount at the top falls within (well, is at least close to) your target number. But as soon as the shopping starts to narrow the field, the financial implications of those … Continue reading →
The Alaska Real Estate listings aren’t dominated by any particular kind of seller—like local listings everywhere, all kinds of homeowners are represented. One attribute they generally have in common is the motivation to make their sale happen quickly. Sometimes that’s because they have settled on a new home purchase and want to avoid months of paying double duty on multiple residences. Sometimes a seller is relocating; sometimes there’s been a death or divorce. Regardless of the reason for entering their … Continue reading →
“You never get a second chance to make a first impression.” It’s a saying that job applicants (at least the successful ones) take to heart. It’s why a lot of serious primping goes on before a blind date. It’s why movie directors spend as much time as it takes to light and prepare the first shot that will introduce their lead actress. And if you’re going to have a house for sale in Alaska Real Estate this summer, it’s why … Continue reading →
The upheaval in global financial markets over the past few years may have been unnerving for almost everyone, but among the hardest-hit group was first time home buyers, in Alaska Real Estate and across the country. Many had to deal with the stress caused by an uncertain economy, the fallout on business and job security, and, more directly, a pronounced increase in the difficulty of securing mortgages. The good news for Alaska Real Estate first time home buyers is how … Continue reading →
Many people assume that when the kids leave home, their newly empty nest automatically signals that downsizing into a smaller house or condo is the next step. In truth, for such families living in Alaska Real Estate, downsizing is a common option—one that could very well be the best choice. But, as the old Gershwin tune says, “it ain’t necessarily so…” For many of us, once we establish a firm direction in life, a lot of decisions are more or … Continue reading →
For owners who are contemplating some major upgrades with an eye to eventually selling a home in Alaska Real Estate, there’s always the question of where to do the upgrading. Last year, the National Association of Home Builders weighed in with a study of what today’s home buyer “really want”—which supplies some guidance that may be helpful. Although the findings aren’t directly applicable for every home, the concepts that were cited as most popular can be informative, particularly to creative-minded … Continue reading →