Found 159 blog entries tagged as Home Buying.

 

Precision Home Group sells homes 44% faster than the industry average!

 

We have just finished collecting data from over the last 12 months and have the statistics to prove that we sell homes 44% faster than the average industry days on market.

Here in Anchorage, Alaska our current average days on market for single family homes is 45 days, while for Precision Home Group it is only 20 days. We are able to do this because of three things: marketing, agents and knowledge.

Precision Home Group’s marketing is the best real estate marketing in all of Alaska. We achieve this by using the best technology, all platforms and staying on the cutting edge of trends, while knowing what works in our market.

We begin by using professional photography which is sourced in house, which means we have our own photographer on…

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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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Financing Myths Debunked

 

It can be difficult to get financing for a residential loan, but it doesn’t have to be. There are many common myths that people believe that just aren’t true. Because of these misconceptions, many people don’t even apply for a loan because they have doubts that they would qualify.  We will address the most common myths and the only true method to secure financing.

 

“I still have student loans so I won’t qualify.”

The amount of college debt today measures in the trillions and grows every day.  In today’s world, almost every college student has a loan. If this myth was true, then there would be millions of people not able to buy a home in America. This misconception is very common and grossly inaccurate.

The resounding theme of…

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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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There is a lot of mystery surrounding the sale of a home. Many people don't know what happens after they accept an offer and before the transaction closes. Some are only concerned with what it is going to cost. Here we are going to lay out the timeline and explain exactly what happens. Keep in mind, there are going to be some slight changes depending where you are located and other transaction specifics. Ask a local realtor for the specifics, or contact Precision Home Group and we will make sure you get set up with the best Realtors in your area.

 

Accept an Offer

In order to start the process, we need to have an Accepted Purchase and Sale Agreement between you and the buyer. This can be stressful and take some time. I've seen…

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Buying a home can bring out a slough of emotions. It is a big decision, and there are many moving parts that must come together to make it happen. It’s both stressful and rewarding. You have looked forward to this for a long time and dreamed about it since you were a kid. It’s easy to get overwhelmed and make big decisions based on emotion, not logic. Here are several ways to keep your mind on track and keep things in check, so you make the most informed decision possible.

 Home Buying: Don’t Let Your Emotions Control You


1. Choose the Right Realtor

Picking a Realtor because they are your friend, they are nice or will give you a discount, is not the best choice. Ensure that the agent you choose to work with has the knowledge necessary to protect you and get the job done efficiently and…

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Real Estate Investment Trusts (REIT)

Part three of our Real Estate Investing Basics series is all about Real Estate Investment Trusts, also known as REITs. Let's dive in and discover what a REIT is, how they are used, and what the pros and cons are in comparison to the other real estate investments we have talked about.

 Real Estate Investing Basics: The ins and outs of REITs.

 

What is a REIT?

REITs were created by Congress in 1960. This was done to give everyday people the benefits of owning real estate. REITs are companies, treated by the IRS as corporations, who own various types income-producing real estate investments. Investors can buy into these companies by purchasing shares, which in many cases are publicly traded like stocks. They are modeled after mutual funds and bought and sold in…

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Don't take real estate advice from your______________?

Don't take real estate advice from your... ?

Doesn't it seem like everyone will you give you advice when it comes to real estate? Whether it's your parents, grandparents, friends or neighbor, everybody has a piece of “wisdom” they’d like to share. We’ve all been guilty of taking advice from the wrong source. Usually, the truth is they think they are helping! But, when it comes to investments, it's important to get help from the right sources.

In order to analyze the advice given to you and guarantee its validity, make sure you consider the following:

1. Are they experts in their field?

2. Do they heed their own advice?

3. What are their results?

4. Have you found supporting research and facts?

First, we must ask if the advice is…

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