Real Estate Blog - Anchorage

Boston Hoppman - Creative Problem Solving - Alaska Real Estate

Last spring, I listed a home with a less than ideal floor plan.

I knew it could be a tough sell, but despite the unique design, I found a buyer for our client within 30 days.

We quickly came to an agreement on which repairs needed to take place before closing, and thought to myself, “This is going great and will be such a smooth sale.”

Then, during the repairs, something came up that would significantly increase the cost of repairs.

One of the action items was to install a sump pump in the basement. (A sump pump helps to keep excess water from accumulating, and pumps water to the exterior away from the home.)

And, since this home was built in the 50's, the basement was basically... a solid block of concrete.

This…

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A Note from Matt - Founder of Precision Home Group

I’ve come to realize, most people don’t know what it really takes for a Realtor or company to be successful.

The public mostly sees the agent who is out selling. However, what you don’t always see is: the admin, marketing, accounting, HR, transactions and other departments that keep your real estate transactions moving.

We built the team around the idea that we can all do more together and provide a better service for you, the client.

Because of that, we can provide you with better marketing, back end support, updates throughout the process, and more attention to both your personal needs and the needs of your transaction.

You win every time by working with our team because our agents aren’t worried about the details, and can focus on…

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Look for Opportunities - Alaska Realtors

I have always had a passion for physical fitness -- running several marathons, interstate bike races and other events. This obsession for self improvement contributed greatly to my success throughout my eight years as a Wildland Firefighter.

As some of you may already know, I have been training the last year for a bodybuilding show. I put in hours of work, months of dieting and calorie restriction, early mornings and massive amounts of willpower to make this happen. Training for this show was a true challenge that took sheer discipline, determination and grit.

As you might have guessed...

The show has been canceled.

Do I feel like all my work was for nothing? Absolutely not. 

Here are some lessons I’ve learned along the way:
…

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A Note From Matt - Associate Broker of Precision Home Group

Today, we are faced with unprecedented times and new levels of uncertainty.

 So, why send out our first newsletter today? Because now more than ever there is a need for positivity and good news -- for hope.

Federal and State governments have deemed real estate an essential business. We are so grateful that Precision Home Group is still operational and are truly blessed to be able to work and do not take that lightly. We have used the recommended precautions to maintain operations at our office and plan to do so as long as possible. We want you to know that we are here to work for you no matter what and you can always rely on the Precision name!

 We are no strangers to challenge.

 We will get through this together. 

…

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Before and After - 11519 Dawn Street, Eagle River - Alaska Real Estate

Flipping homes is more than just a business model.

Taking a property and sprucing it up has the power to revitalize a neighborhood, raise the price of homes in the area, create more curb appeal to move faster on the market, and last but not least, make your living area more homey and inviting.

Here, we take a look at 11519 Dawn Street in Eagle River.

This home was listed and sold by Matthew Lindsay at Precision Home Group in the summer 2019, then it was completely transformed and put back on the market for sale by Stacy Hague at EXP Realty.

See the before and after photos below.  

Property Information:

11519 Dawn Street, Eagle…

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Common Buyer Expenses - Precision Home Group

Common Buyer Expenses When Buying a Home

Buying a home can be a big undertaking, whether it's your first time or your hundredth time. No matter how many times you’ve been through the process, it's great to know when it will cost you money and how much. There are a lot of things that come up during a home purchase. Different loan types and lenders have different fees, however there are also consistent buyers costs in most transactions. In this article, we want to share those with you so that you can be prepared.

Pre-qualification

Unless you are paying cash for our home and you do not need to finance it, then you need to get prequalified. This is the process of talking to a home mortgage lender and working with them to review your…

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Be Unreasonable With Your Investments - Precision Home Group

Too often, I see people who want to start investing in real estate too soon. Everybody knows that real estate is a great investment for many reasons, but many people don’t know how to do it properly. Because of this, I see people invest in many different types of deals at varying results. The masters in the investing game are unreasonable about their investments and you should be as well.

As an inexperienced investor, you will see a lot of potential deals that all may look like a great deal. However, before you start investing, you need to analyze many deals and create your own requirements for investing. Those requirements should include things like your desired rate of return, location, how long you intend to hold the deal, knowing and…

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“We Can't Sell During the Winter” - Anchorage, Alaska

I talk to people everyday about buying and selling homes. This is one of the most common objections and myths I hear, from about August until March. Alaska is a very seasonal place and things typically slow down during the winter. Many people think the same is true for the real estate market. But is it really?

Currently, it is mid September as I write this, and already people are talking about shorter days and colder nights. I hear of people taking their homes off the market because their friends, neighbors and self-proclaimed experts are telling them to do so. But, here are some facts:

• Active Homes on the Market= 952

• Homes with Accepted Offers = 451

• Closed Homes Since Sept.1 = 52

• Closed Homes Since Aug. 1 =…

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Strategic Analysis - Precision Home Group

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 - Alaska Real Estate

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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