EAST ROAD HILLSIDE ESTATE.....This parcel is ideally located in the mid-bench climate zone overlooking the Spit and Bay. The view is powerful from all the potential building sites, take your pick. This is a special 

Listing # 12-11928

Price: $975,000

Address

4630 Hough Road

City Name:

Homer

State:

ALASKA

Zip:

99603

Acres:

15.57

Area:

490 - Homer

County Name:

Kenai Peninsula

Schools

Homer, Paul Banks/Homer

Type:

Vacant Land opportunity.

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141

Email: Contact this agent

View my Profile!

Anchor Point Real Estate for sale

Custom scribed round log home. Chalet cabin style. Warm and cozy feeling. Great place to spend the summers! Plenty of space to build additional structures. View of Augustine, Cook Inlet and the Anchor River Valley. Adjoins State Park and the Anchor River. Exterior refinished Sept 2009. Listing brokers are the Sellers.

Listing # 13-2246

Price: $325,000

Address

34460 Marysville Street

City Name:

Anchor Point

State:

ALASKA

Zip:

99556

Bedrooms:

1

Bathrooms:

1

Square Ft.:

1266

Acres:

1.52

Area:

480 - Anchor Point

County Name:

Kenai Peninsula

Schools

Homer, Chapman

Type:

Single Family Res

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141

Email: Contact this agent

View my Profile!

Anchor Point Real Estate for sale

Magnificent home on the bluff overlooking Cook Inlet just north of the Anchor River mouth. Custom oak cabinetry, huge attached garage and even larger shop, and a second separate 3bdrm 3bath home for guests or B&B. Converted to natural gas furnace.

Listing # 11-14217

Price: $595,000

Address

33065 Agusta Lane

City Name:

Anchor Point

State:

ALASKA

Zip:

99556

Bedrooms:

5

Bathrooms:

5.5

Square Ft.:

3392

Acres:

2.97

Area:

480 - Anchor Point

County Name:

Kenai Peninsula

Schools

Homer, Chapman

Type:

B & B Potential,Single Family Res

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141

Email: Contact this agent

View my Profile!

Anchor Point Real Estate for sale

This incredible home is perched on the Cook Inlet bluff overlooking the Anchor River, estuary, beach, Inlet, and the majestic west side mountains and volcanoes. Has been a successful B&B for six years. Also available is Lot 17 with a large shop/garage with substantial frontage on a private airstrip. Grab your fly rod and walk to the river. Beautifully furnished. Turn Key. Natural gas available.

Price: $675,000

Address

33915 Sandbeach Road

City Name:

Anchor Point

State:

ALASKA

Zip:

99556

Bedrooms:

7

Bathrooms:

4.5

Square Ft.:

4508

Acres:

1.79

Area:

480 - Anchor Point

County Name:

Kenai Peninsula

Schools

Homer, Chapman

Type:

B & B Potential,Single Family Res

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141

Email: Contact this agent

View my Profile!

Anchor Point

A look at North America's Most Westerly Highway Point, Anchor Point, Alaska. This video presents the history and attraction of Anchor Point and the Anchor Ri...

Visit Homer, Alaska!

Video highlighting all there is to do in Homer, Alaska www.homeralaska.org Video by Brian G. Smith Music by JoAnn & Monte.

A day on the Spit. Homer, Alaska

Take a trip to the Homer Spit in this slideshow. The Spit is a great place for kiteboarding, fishing, jogging, beach combing, and camping.

Solar-Energy Usage Made Simple And Affordable

The sun's energy is harvested by solar energy systems. This helps the planet and your wallet. Solar power is a good option for homeowners and for business owners. If you are on the fence about this, then the following paragraphs should open your eyes a little.

Take baby steps in your quest for solar power. Get yourself a couple of solar energy lights if you want to use them for landscaping purposes so that you can save some energy. These can be found at many retailers including big box retailers and home improvement stores. They are as easy to install as any other garden light.

Check the density figure for your solar panels to determine the quality. High density panels cost more; however, they also produce a great deal more power. For this reason, the added expense is justified. Carefully evaluate the density and efficiency of all options before making a purchase.

If you do not want to go all out when using solar power, you can use small-scale versions. This is accomplished in one of two ways. You could attach solar panels to your windows and use these to recharge smaller electronics. You should also consider investing in small appliances that can be powered with solar panels. Every tiny thing you do will make your energy bill that much cheaper.

You should have a backup plan should your solar panels stop functioning. You can either purchase a generator, or simply stay connected to your local power grid, drawing extra power as you need it. If you go the generator route, make sure to perform tests on it often and think about getting more than one.

A wonderful long-term investment that can save you money is a solar power system. The initial costs of a solar energy system for your home is expensive. If you are not ready to settle in a particular home, solar panels may not be a good investment.

Track numbers when getting solar panels for the home. While solar panels have come a long ways, there are still instances where the costs outweigh the benefits. Do the math to figure out how much quality solar panels will cost you and how much money you will be able to save on the long-term.

There are people worldwide harvesting the suns power for themselves. Solar power has become increasingly popular and has lots to offer. You are able to cut costs and help the planet. Apply the simple information from this article to make wise solar energy decisions.

Commercial Real Estate Tips

Many people have made it big investing in commercial property. However, no quick and easy blueprint for doing so exists. Instead, success in commercial real estate requires knowledge, experience, and old-fashioned effort. Continue reading in order to gain some useful information that can help you discover what is required to be a winner in the field of commercial real estate.

Whether you are buying or selling, don't shy away from negotiation. Let people know what you want and make sure you are asking for a realistic price.

Try practicing patience and remain calm, if you are considering purchasing any commercial real estate. Don't enter into a commercial venture hastily. Without due consideration, you might find that the real estate purchase does not meet your criteria for successful financial gain. It could take as long as a year to find the right investment in your market.

When you lease a commercial site it is very important to that pest control is kept up-to-date. If you are renting a space that has known vermin problems, be sure to find out exactly who is responsible for pest control.

You might have to spend a lot of time on your investment at first. First, you will need to search for a golden opportunity. After you have purchased the property, you may have to spend some time and money making repairs or remodeling it. Don't let the amount time you need to put in during this phase discourage you. You will reap the rewards of all your hard work.

Make sure your asking price is realistic. Most appraisers can't take all factors into account because there are an infinite number of variables involved in determining the value of a piece of property. These variables can all make your property worth less than the appraisal claims it is worth.

If your real estate deal includes inspections (and it always should), make sure to ask to see the credentials of all of the inspectors. A lot of people have no accreditation, especially in pest control services. A non-accredited inspector could be a source of problems.

With the right approach, handled the right way, your success in commercial property can be easy. Keep in mind all that you learned from the article and you should have no problem having some success with your business. Don't stop learning about the industry, and continue to gain knowledge and methods for improvement. As you gain more experience, you will become more successful.

 Real Estate Investing Information.

Is real estate investing something you have been thinking about? Do you have an eye on a home that you want to renovate? This piece is full of tips for getting things going. Apply this advice to make the best possible decisions. You'll be well prepared in making good choices when it comes to investing in real estate.

Learn from other real estate investors. Real estate investing is very popular nowadays. It is so popular that there are community groups about it. If there aren't any near you, you can find forums online where other investors hang out. Get out there and see what your peers can teach you.

Find your comfort zone and stick with it. This will help you to maximize the profits that you make. Work with a niche you are familiar with, whether you are trying to flip houses, purchase starter home or buy properties that require low down payments.

If you're considering real estate investing, you should contemplate the amount of time you can apply to managing your investment. Tenant problems can be extremely time consuming. Consider hiring a company that handles property management.

When renting out your investment property, take great care in selecting tenants. Make sure your tenants pay you a deposit and first and last month's rent. If this isn't possible with the tenant, they are likely going to default on any rent agreement. Pass them up for somebody else instead.

Consider rental values as you determine how much any given property is worth. You can make a tidy sum each year if you rent your place out. After renting the house for a few years, you can profit further by selling it.

It is wise to have a capable handyman who charges reasonable prices available if you're buying investment property. Otherwise, you may end up spending lots of money getting repairs done. A handyman that's good should be able to handle any emergency a tenant has after hours.

Know how much the opportunity costs are to start with. Are you getting into rehabbing properties but aren't factoring in the manual labor time? Or, are you better off handing off the work and spending your time hunting new opportunities? Outsource everything you can to allow yourself time to research the market. This will help you to focus on the important things.

Don't buy properties in bad areas. Always pay attention to where you are purchasing a piece of property. Do the research needed. Nice houses with great prices are sometimes in rotten locations. Not only could selling it be a challenge, vandals could ruin your hard work.

It is important that you start out slow in the beginning. You might find that your first transaction takes some time. There may not be any good properties available, or perhaps the terms of the deals you are offered are not right. Refrain from stressing out if this happen to you. You will inevitably lose money if you do. Wait for the perfect opportunity.

Now that you've read this, you should feel more familiar with the practice of real estate investing. It can make you lots of money when you know what you're doing. Owning a place is better than renting. These suggestions are a fantastic place to begin with real estate.

Confused About Taking Out A Mortgage? These Tips Can Help!

Everyone can use a hand when dealing with home mortgages. The entire process includes many details that make a huge difference in your payment amount. Use this information to get the most advantageous terms possible.

Prepare for a new home mortgage well in advance. Get your finances in order immediately. This means organizing documentation, getting debt under control and saving for a down payment and other initial costs. You run the risk of your mortgage getting denied if you don't have everything in order.

Don't borrow the maximum offered to you. The lender will inform you on how much you can borrow, but that does not mean this is the amount you should take out. Consider your lifestyle, the way your money is spent and the amount you can reasonably afford.

Prior to applying for the mortgage, try checking into your own credit report to make sure everything is correct. 2013 ushered in much tougher credit standards for home loans, so it is essential to have the highest credit score possible to get to the best rates and terms.

If your home is not worth as much as you owe, and you have tried to refinance to no avail, try again. HARP is allowing homeowners to refinance regardless of how bad their situation currently is. Lenders are more open to refinancing now so try again. If your lender does not want to work on this with you, look elsewhere.

Avoid spending lots of money before closing on the mortgage. Your lender may recheck your credit as a final step in your mortgage approval. Excessive spending may cause your loan to be disapproved. When your mortgage contract has been signed, then you can begin shopping for furnishings and other necessities.

Before you actually fill out a mortgage application, you should have all the required documents well in order. Many lenders require these documents. This includes your statements, the W2s, latest paycheck stubs and your income tax returns. By gathering these documents before visiting the lender, you can speed up the mortgage process.

Define your terms before you apply for the mortgage, not only will this help show your lender you are equipped to handle the mortgage, but also for your own budget. This means that you have to put a limit in place for your monthly payments, on the basis of your current budget, not just the house you desire. No matter how good the home you chose is, if you cannot afford it, you are bound to get into financial trouble.

When purchasing a home, you need to know the details of home mortgages. Being aware of the details will be a safeguard against being taken advantage of. Pay close attention to the fine print and be sure to apply the advice in this piece to have the best possible loan experience.

Tips On How To Get Good Rates When Buying A House

Buying real estate is important for anyone who is looking for a new place to live or a new opportunity for renting out a home. Picking the right area and doing some research goes a long way when picking real estate. Read the tips in this article to make sure you're picking the best choice!

One important tip when it comes to real estate is to inspect the entire neighborhood and make sure it lives up to your expectations for your own home. This is important because it may just be the reason why what appears to be your dream house is so affordable. If you have a beautiful home in a not-so-nice neighborhood your resale value and overall happiness may suffer.

When renting a piece of real estate, make sure to take photos of the condition of the property before or on the same day you get the keys. You will need these if here is ever a dispute about damage you may or may not have caused. Pictures are a much better option than just a written description.

One of the first things you should do before initiating the home-buying process is to check your credit score. Make sure that you don't have any outstanding debt. Find out what's on your credit report and work to tie up any loose ends before ultimately putting in for a loan with the bank.

Before looking at the houses that are for sale, you need to decide if you are really ready for such a large purchase. Not only do you need to look at your finances, you need to make sure you are ready for the commitment and the responsibility that goes along with home owning.

As said previously, buying real estate will be a task that many different people have to undergo, whether buying a first home or looking to lease out a house. By remembering the tips in this article, you can successfully pick an area that will suit your real estate needs.

For more information about Homer Alaska Real Estate contact Coastal Realty Alaska

Thinking Ahead: Money Management Tips For Now And Later

Money is a key aspect of everyone's life and, as such, you will have to deal with it. To know how to manage real-life financial situations is necessary for you as a responsible individual. Take the time to educate yourself on finances and how to become independent. Continue reading to get some tips on how to gain this knowledge and understanding.

When you decide to make a budget, look at your income and expenses. The first thing you should do is determine your monthly income after taxes. Your monthly income should include all earnings, not just those from your primary job. Don't fall into the trap of spending more than you make.

The next step is tallying up all the money your household is spending. Write down a list, including all of the money you and your family spend. Be sure to include additional expenses, such as annual insurance premiums, in your calculations. All automotive costs should be accounted for, including maintenance and gas. You should also include all food expenses, from buying a coffee to how much you spend at the grocery store. Make your list as thorough as possible.

When you find out how much income you have, create a budget. Review your expenses to see if any of them can be disposed of. Wouldn't you be able to save a good chunk of change by bringing your own home-brewed coffee with you, instead of purchasing coffee on your way to work each morning? Try to find any areas on your list where you can cut back and save money.

If you find your utility bills increasing, look for areas of your energy usage that you can cut down on. Investing in an energy efficient water heater or weatherized windows could make a big difference in your energy bills. Likewise, fixing even minor leaks can significantly reduce your household water usage. You can reduce both your electric bill and water bill by only running appliances like your dishwasher and dryer when they are full.

Your appliances use a good bit of energy. You should replace old appliances with more energy efficient appliances. Appliances that are not constantly running-your refrigerator, for example-should not be plugged in when not in use.

New insulation installed with a replacement roof will ensure that heat and cool air remain in the house. You may pay more now, but you save on bills.

These ideas will help you be more successful with cash flow, and you will be able to keep your finances in check. You can reduce energy and utility bills by making improvements to your home and equipment that can lower them significantly. You will have more money to spare after your bills have fallen.

Selling Your Home Faster through Home Staging

During hot and cool home sale periods, there are homes which simply have difficulty generating buyer interest. While homes around it have offers coming in, they remain largely unseen and do not sell. The trick others have often discovered isn't just about pricing the home right. Or finding the perfect real estate agent. It's usually the homeowners have hired or taken the lead of a home stager.

What is Home Staging?

Home staging is the process of making a house look not only presentable to potential buyers, but look like their future home. Staging involves rearranging and/or updating the home's interior furniture and decor, de-cluttering and adding curb appeal. In general, a staged home is a clean, well-lit home depersonalized from the current resident.

What Are the Basics of Home Staging?

Home staging is about one fundamental principle--making the home look more like a new construction model than a family's home. Fit for a brochure is another way to think of home staging. But it involves these key factors:

Clean and Clear

The first thing which needs to be done is to lighten the load inside the home. Meaning, de-cluttering the space. Taking down family photos and other personal items is a must. Anything which personalizes the space has to be removed because it acts as a mental barrier to potential buyers. In addition, scrubbing the floors, freshening up the walls with some paint and dusting thoroughly is absolutely necessary.

Light the Space

Curtains and blinds are cleaned and opened. The more light inside a home, the better. It not only helps to "connect" the outside space, it makes the house appear more open. It also promotes a sense of warmth.

Enhance Curb Appeal

Mow the yard. Pull weeds. Plant colorful flowers and plants along the walkway and place potted plants or flowers near the door. Pressure wash the exterior walls and roof, along with the garage floor and driveway. If the paint looks worn even after the pressure washing, it's time to slap on a coat of paint.

Highlight Key Features

Pools, fireplaces, spas, kitchens and baths. These are key features in any home. Making them stand out is very important to staging the home properly. Using furnishings and decor, make those key features pop with pizzazz. Color goes a long way in making a home more inviting. Lastly, get some inspiration from home staging magazines. Or, look online at staged homes for guidance.


For more information about Homer Alaska and Anchor Point Alaska Real Estate contact Coastal Realty Alaska

The Benefits of Investing in a Multi-Family Property

New property investors often begin with buying a single family home. After all, they grew up in one and live in one--so it is only natural to choose a single family property at the beginning of an investment property venture. However, after the home has set vacant a few months for one or more times, new investors discover multi-family properties offer a more steady income.

Advantages of Multi-Family Properties

By far, the largest advantage is if one unit of a multi-family property is vacant, it doesn't cut the income stream to zero. While it may reduce it to 50 percent in a duplex, it is more preferable than no rent collection at all. In addition, maintenance fees and property management costs are reduced because their is only one unit, not several detached single family houses.

Other Benefits of Investing in Multi-Family Properties

While vacancy rates and multiple rent  payments are good reasons for owning multi-family properties, there are more benefits. Which, particularly over time, greatly enhance their investment value:

Repair Expenses

Having to replace ten roofs on ten single family homes is very expensive, even if done during separate times. But a ten unit multi-family property needing a new roof is one job and done. Ten single family homes means ten different permits, adding to the cost substantially.

Property Management Fees

Using the same example of ten single family homes versus a ten unit multi-family property, it's less expensive to incur property management fees. Single family homes tend to rent for more than apartment units. And with property management agencies basing their rates on the amount of rent collected, it means less of an expense.

Selling and Holding

Here again, selling ten single family homes will be more difficult that selling one multi-family property. Not only must each single family be negotiated separately, they all must pass inspection. Whereas with multi-family properties, there is only one structure. It also makes it easier with regard to real estate commissions. Investors won't have to deal with ten different personalities.

Cap Rates

The cap rate or net operating income/price is in play, making it a better investment generator. In other words, a multi-family property's value is based on how much income it generates and is not exclusively tied to the real estate market. So while a single family may decline in market value during downturns, multi-family properties continue to collect rents. And those rents are proof positive of the property's earning potential.


For more information about Homer Alaska Real Estate contact Coastal Realty Alaska

How Big City stress affects your health

The crime, the traffic, the congestion, the noise, and non-stop pace of the big city take its toll on your health. That’s not just anecdotal any longer, researchers are uncovering some not so surprising facts about the negative impact big cities have on peoples’ health.

In the heart of the busy metropolitan jungles, more people suffer from heart attacks, strokes, and anxiety than those who live in more rural areas.

The Big City is a Threat Your Physical Health

All that traffic, high crime, and noise isn’t just going gentle into the night, it’s having a real affect on its residents physical well being. New research shows that people living in a big city have a higher risk of a heart attack and stroke.

Busy commutes tend not only to be stressful, but detrimental as well. Spending hours on a train or hopping from bus to bus means a lot more time spent parked in a seat. That’s not good for the heart or the belly. Studies reveal that many choose to eat while commuting in an effort to save time. The net result is a bigger waistline, which increases blood pressure, decreases circulation, and cause more fatigue.

More weight means a higher risk for hypertension and other physical health risks like high cholesterol. Simply put, less walking and more sitting have an adverse impact.

It’s Also Mental, Studies Show

Aside from the physical health risks, people living in big cities face a 21 percent higher risk of anxiety disorders, a 39 percent increase in mood disorders, thanks to a study conducted on 32 healthy participants which was published in the journal Nature.

Conversely 24 participants from rural communities were included in this brain scan study,  a statistical dead-heat in the world of MRI. Those 24 people showed little to no signs of increased risk to their mental health, a finding that wouldn’t at all surprise the average urban dweller.

The hustle and bustle of the big city isn’t healthy, physically or mentally, according to the research.

A solution to these potential problems? Well, one such solution is to either move to a smaller, less stressful area like the Homer Alaska and Anchor Point area. Or, invest in a property to rent and buy a second home to vacation in the peaceful landscape only the 

Homer Alaska and Anchor Point  area can offer can offer.

For more information about Homer Alaska Real Estate contact Coastal Realty Alaska at 

COASTAL REALTY 

Mile 156.7 Sterling Hwy

Anchor Point, AK 99556

Phone: 907-235-7141

Fax: 907-235-6876

Guided Fishing Halibut Salmon Rock Fish On Kachemak Bay | Central Charters & Tours | Homer, Alaska

To find out more about our guided fishing tours for Halibut, Salmon, Rock Fish & more, located on the Homer Spit in Homer Alaska, visit our pages at: Double ...

Quiet ocean in Homer, Alaska on March 2nd, 2013

Hiked down to the bluff from Alaska Adventure Cabins to enjoy the beach and the views. The tide was high so not a lot of opportunity to discover cool rocks o...

MICA Guides Hiking

Hiking on the Matanuska Glacier with MICA Guides.

Alaska Four-Range

A four-week, 700-mile hiking and packrafting trip through south-central Alaska in the Kenai Mountains, Kenai Fjords, western Chugach Range, and Talkeetna Mou...

Our Time in Homer, Alaska

Homer Alaska.

Hiking Alaska ~ Reed Lakes Trail, Hatcher Pass ~ 4th of July 2009 PT 5 (last)

Hatcher Pass, Alaska. This trail is rated Moderate for hiking difficulty, and not suitable for dogs or children. I thought it was HARD, but well worth the ti...

Homer, Alaska, United States and surroundings traveler photos - TripAdvisor TripWow
- Tour of Homer, United States created at TripWow by TravelPod (a TripAdvisor™ company) TripAd...

Hiking Alaska's Mitkof Island

Take a hike at Ideal Cove on Mitkof Island in Southeast Alaska with Lindblad Expeditions-National Geographic.

White Sand Beaches in Homer, Alaska - found Large Mastodon Tusk

Large Mastodon tusk found on my hike to the white sand beaches of Homer, Alaska.

Homer Alaska Real Estate Video - 1582 Blue Sky Avenue, Home for sale

www.coastalrealtyalaska.com presents "Gorgeous Water and Mountain Views! Lower West Hill Location with Beautiful Landscaping, and 2 Acres. Split Level has Master Suite on the Main Level with Jetted Tub. Loads of Nice Features-Tile, Hardwood Floors, Fireplace, Big Deck, Spacious Rooms, Sauna and More! So Close to Town and All the Conveniences! Natural Gas Coming in 2014.

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141

Anchor Point Alaska Real Estate Video - 33915 Sandbeach RoadHome for sale

www.coastalrealtyalaska.com presents An incredible home, perched on the Cook Inlet bluff overlooking the Anchor River, estuary, beach, Inlet, and the majestic west side mountains and volcanoes. Has been a successful B&B for six years. Also available is Lot 17 with a large shop/garage with substantial frontage on a private airstrip. Grab your fly rod and walk to the river. Beautifully furnished. Turn Key. Natural gas available.

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141

Tips For Getting The House You Truly Desire

Buying real estate can be complicated, but hopefully you now have a better grasp on the subject. Because the real estate market is constantly changing, there is always something new to learn. Read this article to learn more about real estate and how to make good decisions.

All real estate agents need to be in touch with their previous customers on the anniversary of the date they purchased their home, and certainly during the holidays. They will remember how helpful you were when you contact them. Kindly remind them that you make your income via referrals and that you would feel honored if they spread your name to friends.

Look for a new home that has enough room if you plan on starting a family or already have children. Not only is space important, but so is safety. Things like bad wiring, steps, a pool, and other potential hazards need to be looked at. Houses that have been home to children will ensure that it is safe for future families to enjoy as well.

Reduced prices usually go together with lots of repairs and updates. This can be a money-saver in purchasing the home, with the ability to make improvements as time allows. You can use the money you saved to improve the home in a way that truly suits you. At the same time those improvements will likewise increase the value of your home. Take the potential of a property in consideration before letting the drawback discourage you. An awesome home can often be coaxed from the shadows of superficial ugliness.

Leverage a trustworthy partner so you can buy a bigger and better parcel of commercial property. Having a partner makes the loan signing go much more smoothly. You will need excellent and ample credit in order to qualify for the commercial loan, and having a good partner is extremely helpful in this process.

Be open to different possibilities. You might not have the financial resources to buy your dream house in your dream neighborhood, but you might have enough to choose one of the two. If you can't find a home in the perfect neighborhood with all your amenities, find one with the amenities in a different neighborhood.

You should have developed knowledge from this article's information to assist you in buying real estate. Smart networking is always a very beneficial practice in the business of buying real estate.

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141

Solid Advice About Home Mortgages That Can Help Anyone

Wading your way through the fine details of financing a home can be a huge undertaking. You have to know a lot before you even apply. Luckily, this article has a lot of information you can use to get started on the right foot.

Do not borrow every cent offered to you. The amount the lender is willing to loan you is based on numbers, not your lifestyle. Have an overall picture of your financial situation, and what you know will be affordable going forward.

Have all your ducks in a row before walking into a lender's office. Having the necessary financial documents such as pay stubs, W2s and other requirements will help speed along the process. Any lender will need to look over these documents, so save yourself a trip and have it ready.

You are sure to need to come up with a down payment. While there used to be more options for loans without down payments, the industry standard now requires them for a greater number of mortgages. Ask how much of a down payment is required before applying for a mortgage.

Changes in your finances may harm your approval prospects. If your job is not secure, you shouldn't try and get a mortgage. The information found in your application is what will help you get approved for a home mortgage, so be sure not to take another job until after you have been approved.

Your mortgage payment should not be more than thirty percent of what you make. Taking out a mortgage that eats up an excessive amount of income often leads to serious financial difficulties. Manageable payments leave your budget unscathed.

It is important to have good credit when obtaining a mortgage. Lenders will check your credit history carefully to determine if you are any sort of risk. If you have bad credit, do whatever you can to repair it to avoid having your loan application denied.

Make sure you find out if your home or property has gone down in value before trying to apply for another mortgage. Your home may seem exactly as it was when first purchased, but the actual value may have changed and could have an impact on the chances of approval.

After reading the article above, you should feel better about getting a mortgage. Though this may be hard at first, you should spend some time looking at the information so that you understand what's going on. Use what you just learned to supplement what you already know, and you're going to find this process an easy one.

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141

Everything You Have To Know About Home Mortgages

Looking for the right mortgage can take a little time. That is why it's a good idea to prepare in advance. The process of closing on a mortgage takes time as well, and you don't want to find yourself in an undesirable situation. Instead, you want to be happy that you've found the right mortgage, so keep reading!
 Try getting pre-approved for your mortgage. It helps you know what you're able to spend before you bid on properties. It also helps you avoid getting attached to a home that is out of your price range. The process is generally simple: you contact a mortgage lender, submit the personal and financial information, and then wait for their response.

Some information in this process will include the amount you can afford and your loan's interest rate. You will receive a pre-approval letter from your lender, and then you'll have the funds as soon as the seller accepts the bid.

Your pre-approval process may not be this simple, but it could be. Know your credit score before beginning to shop for a home mortgage. If your credit score is low, it can negatively affect the interest rate offered.
By understanding your credit score, you can help ensure that you get a fair interest rate. Most lenders require a credit score of at least 680 for approval.

TIP! If you are considering quitting your job or accepting employment with a different company, delay the change until after the mortgage process has closed. Your mortgage loan has been approved based on the information originally submitted in your application.

Do not sign up with the first mortgage lender that you come across. There are so many out there that you would be doing yourself a disservice by being hasty.

You should shop around a bit to make sure that the rate you are being offered is fair and competitive. Realizing that you have just bought a home and have a good mortgage is a great feeling.

This is a loan that you're going to carry for years, and you want it to be both affordable and accommodating. So, use the information that has been passed on to you so that you can find a good mortgage.

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141

Homer Alaska Real Estate Articles - What Kinds Of Things Can Solar Energy Do For Me?

Nowadays, it costs a lot to use energy, even for every day things. This means that it's always a good idea to learn what you can do to save the most money. This article is going to teach you what you should learn about solar energy because it's one of the best ways to save.

The best thing about solar energy is probably the fact that you don't have to spend a lot of money on energy any longer. It will cost you to get the solar panels set up and to get all the equipment needed, but in the end you're going to start getting your money back because of the money you're saving. It's something to think about if you've been having trouble with how much your electricity has been costing you over the years.

You can use solar energy no matter what. The panels will work best in the daytime and when there isn't bad weather like cloudy weather, but they can operate in those conditions. They may not work as well as you'd like, but it still means that you can use stored energy. The system you get will probably come with batteries that will store up energy, so you can use it at night and when the weather isn't good.

This kind of energy is something that is really good for the environment. You have probably heard of going green by now, and if you want to do it, this is a great place to start. Because solar energy won't be going anywhere any time soon, this type of energy will be here for the rest of your life. Generations who come after you will get benefits too because you'll have reduced your impact on the planet.

You can sell the extra energy you get to the power company that you're getting your energy from. There is a way to get your solar energy that you're not using over to the power company usually, and that's another way that you can make a bit of money off of this type of energy. Call the power company before you get started and see what they need you to do before you start working with them on this.

Energy is something that can end up costing you a lot of money. This isn't the case; however, if you go green with solar energy. The above advice should help you to think about what this type of energy can do for you. Good luck and be safe!

Mary E Trimble

Associate Broker

Cell Phone: (907) 299-2677

Office Phone: (907) 235-7141