When Is Renting Your Home The Way To Go?

by Chris Druesedow January 5, 2015
For Rent sign in front of new home. Dramatic Blue Sky and clouds

You are a Soldotna homeowner, but now your family has simply outgrown the place. You’re almost ready to start hunting for a new home—but hesitate. The fact is, you’re reluctant to give up your present property. It’s been a terrific home, and you suspect it’s only going to grow in value… If your financial fortunes are on the upswing, you may be wise to consider the viability of renting your Soldotna home. After all, using it as a profit-making venture even as you expand your Alaska real estate holdings might just be doable! Many a successful landlord has begun that way, and find it every bit as reward ing as they’d hoped. Renting your Soldotna home sounds like a straightforward … Continue reading

Using an iPhone to Create a Soldotna Real Estate Virtual Tour

by Chris Druesedow August 21, 2014
Soldotna Real Estate

A newly-updated NAR survey confirms that 51% of agents with smartphones use iPhones. This fact is hardly startling, since these phones have been such a boon to the real estate business. Today’s agent can use apps to quickly scan and electronically sign documents, instantly get property details for clients, access key boxes—it’s almost hard to remember how we got along before! But what about the 9% of homeowners who choose to go the FSBO (For Sale by Owner) route? As many a do-it-yourself home seller has learned, just planting a sign in the front yard does not constitute much of a marketing campaign. For those who will be selling an Soldotna Real Estate home this … Continue reading

Soldotna Real Estate Mortgage Applicants May Benefit as Guidelines Change

by Chris Druesedow May 19, 2014
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“U.S. Backs Off Tight Mortgage Rules” screamed the top headline on the front page of The Wall Street Journal last week. For Alaska Real Estate mortgage shoppers, it could scarcely have been better news. Probably. ‘Probably’ because any change is not yet a done deal, but it’s hard to see what will derail the likely full reverse of the federal establishment’s years-long tight home loan policy. Why is this suddenly in the cards? The full answer is complicated, but here is a quick (admittedly over-simplified) summary of what’s been happening to Real Estate Kenai mortgage applicants—and what probably lies ahead. The ongoing real estate recovery has been less of a boon to banks (including Kenai … Continue reading

A Soldotna Real Estate Home Inspection: Time to Get Under the Hood!

by Chris Druesedow April 21, 2014
bigstock-Newly-completed-Residential-Ho-31453694

Congrats! Your offer has been accepted and you are officially in escrow. Now what? Usually the first order of business is to arrange your Alaska Real Estate home inspection. When you were house hunting, you were weighing so many factors it was next to impossible to thoroughly examination of every nook and corner of every one of the serious contenders…in fact, it wasn’t necessary. But now that you’re moving forward to a purchase, you want to do more than kick the tires. It’s time to get under the hood! Here is a taste of just some of the areas you and your inspector will be examining during your Real Estate Kenai home inspection: Plumbing You will be taking a … Continue reading

Earlier = Better for Securing an Ace Credit Score in Soldotna Real Estate

by Chris Druesedow April 18, 2014
bigstock-New-two-storied-brown-cottage--37191553

Your credit score will have a major impact when it comes to the cost you wind up paying for a Alaska Real Estate mortgage. A buyer with a high credit score of 750 or above will qualify for the most competitive interest rates available; but today’s tightened lending standards mean that some borrowers with scores under 600 may not qualify for a mortgage at all. And no matter what, a low credit score can mean paying an extra 3%-4% interest charge on every payment. There is nothing permanent about a credit score. Real Estate Kenai homebuyers who realize its importance—and who take early steps to improve their own—can save literally thousands of dollars. 1. You … Continue reading

Soldotna Alaska Real Estate Sales Make for True-Life Reality Shows

by Chris Druesedow April 15, 2014
Luxury house at sunny day in Vancouver, Canada.

The slick, entertaining formats of HGTV’s many buying and selling programs makes for great entertainment – but, as anyone who has ever actually bought or sold a house knows, they tend to leave some key information on the cutting room floor. Sure, real estate sales in Alaska Real Estate can in fact involve elements of creativity, presentation, personality, all of which make for interesting television viewing. But in real reality, successful real estate sales are largely based on contracts, disclosures, inspections, contingencies, and time. They may be less telegenic, but can be dramatic, especially when you’ve done everything in your power to make sure that a deal works out smoothly, only to be faced with … Continue reading

Soldotna Real Estate Mortgage Insurance: Tonic for Lender Anxiety

by Chris Druesedow April 14, 2014
Home with three car stone garage

Many of Alaska Real Estate would-be first time home buyers are stopped short when they come up against the need to raise the initial deposit. But just because you don’t have a hefty down payment, it needn’t mean you can’t own your own home. You can still purchase a house with less than a 20% down payment if you are otherwise qualified—that is, if you take advantage of something called private mortgage insurance (“PMI”). The reason there is a market for private mortgage insurance in Kenai Real Estate is because lenders face an increased risk when they issue a loan with a low down payment. The simple fact is that the less money a home buyer … Continue reading

Soldotna Real Estate Home for Sale or Not, Spring is Time for Simple Renovation

by Chris Druesedow April 10, 2014
Soldotna Real Estate, homes for sale

With spring in the air, you don’t have to have your Kenai Real Estate home for sale to catch the spring cleaning bug. Whether or not you’ve been cooped up inside for a longer-than-usual siege of the wintertime blues, as soon as the weather turns the corner, there seems to be a natural urge to open the windows and start freshening your place up. Spring also brings the traditional hot selling season, and if you’re among those getting ready to list your own home for sale to take advantage of it, you’ll want to add extra attention to the traditional cleanup. Home for sale or not, you can channel some of your annual sprucing-up energy … Continue reading

Foreclosures in Soldotna Real Estate Still Available for Careful Buyers

by Chris Druesedow April 9, 2014
Soldotna Real Estate, homes for sale

Despite the winter’s chilling effect on all sorts of sales, February saw single family homes, condominiums and townhomes selling nationwide at a full 7% increase over a year earlier. The opposite is true of foreclosures—no surprise, since the health of the market means fewer serious borrower delinquencies, hence fewer foreclosures. Even so, Alaska Real Estate foreclosures are still available, possibly because some of the fiercest competition may be tailing off. Real estate watcher RealtyTrac finds that the institutional investor buying spree appears to be losing steam—which could be very good news for individuals interested in purchasing foreclosures. Typically, Kenai Real Estate foreclosures are listed on an as-is basis — and that means exactly what it … Continue reading

Soldotna Real Estate Homeowners Watch Google’s Latest Acquisition

by Chris Druesedow April 7, 2014
Soldotna Real Estate, homes for sale

Right at the start of the year, Google announced a surprising move. It said it was purchasing a home appliance maker most of us had never even heard of…for $3.2 billion in cash! It was a gambit that every Soldotna Real Estate homeowner should note, because it signals where some very smart money is headed: right where we live! Remember, Google isn’t just famous for its search engine; it’s also frequently in the news for its forays into any number of futuristic enterprises (those mysterious barges, for instance). The appliance maker that now has Google’s billions in its pocket is called Nest Labs, Inc. Nest makes smart devices that reinvent the traditional ones every Alaska … Continue reading

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