The construction quality is the most important factor in all price ranges, according to the National Association of Home Builders’ recent survey. However, entry-level and moderate income buyers are also significantly influenced by financing. Sellers and builders offering Continue Reading
Archives for July 2017
When Shopping for a New Home or Car
Last weekend a friend and I went car shopping. Having been in sales for over thirty years and where my favorite place to meet buyers is at an open house, I was curious to compare selling techniques. We visited three dealerships and had three very different experiences. My Continue Reading
New Mortgage Opportunities
The Alaska Housing Financing Corporation (AHFC) has a little known new grant program for single family home buyers called the ‘Closing Cost Assistance Program’. Available only through First National Bank of Alaska and Mt. McKinley Bank in Fairbanks, it offers up to a 4% Continue Reading
Borrowing for a Home Mortgage Just Got Easier
Last week, two major lending changes suddenly made it easier to get a mortgage. And here in Alaska, the Alaska Housing Financing Corporation has jumped into the mortgage market with a new grant program. First, changes to that dreaded credit score that everyone worries about. Continue Reading
The Right and Limitation to Homeownership in Alaska
This Fourth of July weekend seems like the perfect time to reflect on our right to own property. The Declaration of Independence specifically recognized the inalienable right to life, liberty and the pursuit of happiness. However, as originally drafted by Thomas Jefferson, Continue Reading