In today’s real estate market, home buying never sleeps. Alaska buyers are constantly searching for homes on their smartphones, tablets, and computers, as well as having listings emailed to them. Gone are the days when the weather needed to be ideal to get out and find the perfect property or you were only informed of Alaska homes for sale by spotting a sign or seeing an ad in the newspaper. But that doesn’t mean buyers aren’t making the same mistakes— in fact, there are a few obstacles that buyers both new and seasoned tend to run into!
If you’re house-hunting in Anchorage AK or the surrounding Mat-Su Valley, below are three common mishaps to avoid:
Not getting pre-approved
Mortgage pre-approval should be your first step as an Alaska homebuyer. Not only does it show potential sellers that you are able to follow through with the purchase, but it could help your offer stand out against those who haven’t taken this important step. Pre-approval can also help you avoid looking at homes outside of your price range as you will know exactly how much you can finance.
Going it alone
Your local real estate agent is your go-to guide for all things home buying in Alaska, so why go through the process alone? Should you have any questions, your agent is there to answer them given their extensive experience and knowledge of the industry. What’s more, your agent may even know of properties that haven’t hit the market yet!
Focusing on features
As a buyer, it’s important to focus on the actual property and not get easily distracted by updated finishes or new appliances. You may need to look a little closer to identify any real problems as the home may look great on first glance. For instance, are there gaps between the flooring and the walls? These catchy finishes and features can intrigue a buyer like yourself, but you’ll want to keep your eye on the home itself and if it will stand the test of time.
Every season is now home buying season and as your local real estate experts, Northern Edge Real Estate is here to walk you through it! Contact us today for more information about available homes in Anchorage and the surrounding Mat-Su Valley or how you can get started with the home buying process!
We look forward to hearing from you!