Choosing your real estate professional is one of the most important decisions you will make when browsing at houses for sale in Eagle River, Anchorage, Alaska. We believe the more you look around, the more you will see the true value of working with the professionals at Remax of Eagle River, Anchorage, AK.
However, no matter whom you choose, these simple tips will help you find and purchase the home of your dreams more quickly and efficiently. Buying a home, even if you’re a first-time buyer, is much easier when you take some time to prepare for the process.
Our agents are committed to providing home buyers with all the tools and knowledge needed to be successful in our market. This includes three free real estate reports, in addition to the tips below.
Be a smart consumer. Learn as much as you can about financing, and search for home loans that you can afford. If you have any questions about your financial situation or need advice on how to improve it, contact our agents. We are happy to help.
Get pre-approved. Obtaining a pre-approval letter takes very little time and lets you know the price range that fits your lifestyle. This task is important and simple to complete. It allows you to budget for a property and is necessary before you seek a home loan. Getting pre-approved for your Alaska home will allow you to understand which mortgages you can afford, and which you can't. If you have a home in mind, you can use our mortgage calculator to determine if your potential monthly mortgage payments are within your budget, based on your pre-approval letter.
Know what you want. The last thing you need is to close a deal and realize you bought a house you don't want. Ask yourself what you're looking for in a home, before you shop. Think about size, commute time and necessary repairs. Get acquainted with real estate in Eagle River, Anchorage, AK and explore the local neighborhoods. Remember, a shade of paint can always be changed, but the street you live on will remain the same. Pick your battles, and take time to consider what is most important to you and your family.
Keep your debt load to a minimum. Don't make major purchases or incur any additional debt until after your purchase. Pay down credit cards and avoid applying for any new ones. Remember, financial institutions evaluate your financial situation on your gross monthly income. Your total monthly house costs should not exceed 28 percent of your gross monthly income.
Be prepared to view new properties quickly. Sometimes homes in Eagle River, Anchorage, AK sell quickly, so be ready to make fast decisions. Be accessible to change the terms.
Have instant access to your agent. Communication is always vital when it comes to a major home purchase. Instant communication can make a difference in purchasing the property of your dreams. Our team of real estate experts
Submit a strong competitive offer. A key factor when attempting to purchase property is submitting an offer that is both appealing to the owner and also within your budget. An ambitious offer will bring more attention to you as a buyer. It’s best to get advice from the professionals. Our real estate agents have current market knowledge on Eagle, AK real estate and we are more than happy to help you come up with an offer that will get noticed.
Include a substantial earnest money deposit. In addition to a strong offer, most buyers require an earnest money deposit in order to secure the sale. Generally these deposits are around 1-3% of the total purchase price, however, a larger deposit may bring more attention to yourself as a buyer.
Try to minimize the number of contingencies. Fewer contingencies clauses within your purchase agreement may ease the process for both you and the buyer. Yet, they can also benefit you as well. It’s best to understand what contingencies come up in your new home’s neighborhood, so ask your real estate professional for advice on which risks to keep and which to ditch. Our real estate agents will joyfully assist you in deciding which contingencies are worth keeping.
Hire an inspector. A professional building inspector or appraiser will make sure the house of your choice is in satisfactory condition. This appraisal is needed before you can move forward on a home loan.
Check zoning regulations and covenants. Good residential neighborhoods will be zoned to keep out commercial and industrial users. Read any restrictive covenants and make sure they fit your lifestyle.
Request an updated property survey. Be sure it clearly marks boundaries. Check for problems, and contact your real estate agent should any come up.
Make sure you know what stays or goes. Your contract should be very specific about which items (appliances, etc) are included in the sale. Our agents will happily go over your contract with you and identify the items that are included in your purchasing agreement.
Get agreements in writing. Make certain verbal agreements are written into the final contract to avoid any stressful and expensive issues later.
If you're interested in learning more about real estate in Eagle River, Anchorage, Alaska, and homes for sale in areas nearby search our latest listings.
Questions? Call our office today at 907-694-4200. We are eager to assist you.
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