There are many things you can change about a home, but location is not one of them. Just as the look and “feel” of the home is essential to your satisfaction, so is the neighborhood you choose to live in. The perfect neighborhood is out there -- it just takes a little bit of planning and research.

For example, if you are an avid outdoor enthusiast, then neighborhoods such as Southpark Bluff, Sahalee, or Scenic Park might be a great option. If you hope to be close to the water for gorgeous scenic views, then Turnagain Heights, Westpark, or Seascape would be a great fit! If simply being close to amenities is your priority, then look no further than Third Addition or Downtown Anchorage.

Along with the home itself, your surroundings are also…

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There are a lot of things to consider when looking to buy a new home, and we want you to have everything you need to make the best informed decisions. We have an abundance of resources to help you become better informed as a buyer, so you can put your best foot forward when making the decision that is right for you. Provided below are links to various resources that will help you navigate the buying process, and put you on the right track to finding the home that is right for you.

First-Time Buyer?

Read about some things you need to be aware of, if you're new to this process.

Ten Steps to Buying a Home

We will outline the ten steps to buying a home, so you are prepared when you decide to move forward with your purchase. 

Search Homes Right…

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Are you looking to buy a home soon, or want to calculate what’s left on your home loan? 

Purchasing a home is one of the biggest decisions you can make, so we want to make sure you’re well informed on your decision. 

Mortgage calculators can be a very useful tool when making the decision to purchase property! This tool provides you with: 

  • A great idea of what you can expect to pay on your future home

  • An understanding of what your estimated monthly payments will looks like 

  • The ability to reverse engineer your home search to see where your ideal price range is 

  • How your down payment or interest rates will affect your payments over time 

  • It provides a rough amortization schedule 

  • Calculations…

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Written by Matthew Lindsay 

As many of you may have heard, the current market is going crazy! Homes are being sold for more than their asking price, at faster rates, and at higher volumes than ever before.

If you’re a buyer, the likelihood of you competing with other offers is much higher than previous years. However, sellers are getting multiple offers, demanding a premium, and not offering many of the traditional concessions that have been seen in the past. With how hot the market has been, we have even seen buyers willing to bring cash to the table above what the appraised value is.


Pricing

The graph below indicates that this time last year, sellers were only getting about 97% of their list price. Today, most sellers are taking their full…

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Once you start talking about real estate investing, everyone wants to join the conversation. There are a lot of opinions thrown around on how to do it, personal experience, and maybe even their family’s strategy for investing.

At Precision Home Group, we base everything off of facts and thorough research. We make sure to fully understand an investment, before we present it to potential clients for sale or purchase. We make sure that whatever deal we put our name on is well thought out, ran efficiently and well represented.

Overall, we have seen a trend of people purchasing small deals, and trying to make a quick buck through flipping, wholesaling. We have also seen an increased utilization of people trying to invest with other people's…

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 Anchorage Alaska Best Homes

 

You can’t find huge contemporary mansions with swimming pools, multiple wings and expansive gardens in Alaska, like you would see in Los Angeles. Alaska’s got its own unique style in culture, activities, people. Why not, homes?!

Although most Alaskan homes were built between the 70s and 80s, the real estate market has been expanding in the last few years. Homeowners, flippers and especially builders have been slowly redefining styles in the traditional Alaskan homes. You may have seen some of them around town: Spinell Homes, Hultquist Homes, Hall Quality Homes, Visser Construction, and so many more. These builders have definitely helped pave the way Alaskans live with beautiful home features and design.

Home buyers now have more options…

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Strategic Analysis

When looking at both commercial and residential properties for the sake of an investment, one must ensure that they are getting the best deal possible. In order to do that, there needs to be a systematic way to look at a property and make sure that all aspects are accounted for. The Strategic Analysis method is the best way to make this happen. This method ensures that the potential buyer looks at four main areas of concern in the due diligence process: Financial, market and competitive, location and site, and political and legal. We will go into more depth on each one of these subcategories.

 

Financial Analysis

The purpose of an investment is to make money. In real estate, this is done in many ways, including…

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Moving to Alaska

 

You have decided to, or researching about, move to Alaska! Many people are drawn the vast wilderness, Aurora Borealis (A.K.A Northern Lights), fishing and hunting, wildlife, and raw beauty that is Alaska. Whether it's to escape the city life, business or recreation, Alaska has many things to offer, but it is definitely a big task to move to a state that is 2000 miles from its closest neighboring state. There are several things that set Alaska apart from Hawaii and the Lower 48, that's what we call the continental United States. Below we will cover some of the big things to be aware of.

 

Dark vs. Light

Whenever I travel out of state, people always ask me one of two questions: “How do you deal with the darkness all the time?” And,…

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There are many differences between owning a condo and owning a single-family home. People who live in condos tend to do so because they enjoy the convenience and benefits that come from condo living. These include but aren't limited to: lawn care, snow removal (for those here in Alaska), some utilities, exterior maintenance such as roof and siding, and community amenities like pools, playgrounds and patios. They offer a community lifestyle where much of the property maintenance isn’t the owner’s responsibility. If you are thinking about purchasing a condo, consider these five concepts.

 

 

1. Covenants, Conditions and Restrictions

First, you must understand what CC&Rs are. CC&R stands for Covenants, Conditions and Restrictions, and…

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There is a lot of mystery surrounding the mortgage financing world. With many different loan types and mortgage providers, it becomes difficult to know where to start. We are going to analyze, and break down, one of the most common loan types available, the FHA loan.

 

 

Before we talk about specifics, including pros and cons of using the FHA loan, lets explain the history behind it. FHA is the acronym for the Federal Housing Authority. The FHA was formed in 1934 during the Great Depression. This was done to spur home construction, reduce unemployment and increase the availability of loans to people.

Over the years the FHA has taken on many roles but at its core has kept the mission to keep housing affordable and achievable by all.…

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Listing information last updated on October 24th, 2021 at 11:04am AKDT.