The Real Estate industry is constantly changing every day. Interest rates and regulations are always being updated. Mistakes can be made if you are not on top of the current rule book. John Collinge is an experienced and top producing Realtor. He knows what the market is doing at any given time. If you need to sell or purchase a home but have questions, call him. Doing it correctly is absolutely essential and John will make sure your deal is done correctly. He will negotiate the absolute best deal for you.
Call him today 907-440-2785.
Why Seniors Are Talking About Downsizing Their Home
Moving to a new home can be stressful. You have to find the right one, change your address, figure out where to put everything as you unpack, and then settle into a new community. With all of these considerations, why are so many seniors talking about moving?
Well, because downsizing — moving from a big, older home into a smaller, new one — can make a lot of sense. It saves money and effort just when you need it the most in retirement. Although you can never really have a completely stress-free move, with some careful planning and help, you can enjoy the benefits of downsizing.
Image Source: Pixabay
How You Benefit From Downsizing
For seniors, there are two main benefits from moving into a smaller home: money and safety.
If you are paying a mortgage on a bigger house, then you are probably paying for space and land you don’t use. This is a waste of your money, and now that you’re retired, money is something you can’t afford to waste. Buying a smaller house means spending less because the rent or mortgage will be less, as will your taxes and homeowner’s insurance. Even if you paid off your older house, you can outright buy a new one and pocket the difference in savings.
But as Dave Ramsey explains, it’s about more than just the money. Downsizing to a smaller home means less time and effort spent on maintaining and cleaning. That can be very important if you start to have problems with mobility or strength. Mowing a huge lawn or vacuuming all those unused rooms can quickly turn from annoying to difficult.
You Need A Strong Moving Plan
Once you’ve found the right-sized home to make your life easier, don’t start packing just yet. Instead, you need to spend time working on a solid organization plan.
Caregiver.org recommends you start by decluttering your current home. If your new place is smaller, there’s no need to have so many things — or the space for them. Everyone has stuff they don’t use or need anymore, so getting rid of it by donating, recycling, or throwing out can help a lot with whittling down your belongings.
For a more detailed guide for seniors moving into a new home, check out American Senior Communities. Their moving guide starts as much as one year before the move, but it still works if you’re moving sooner. Some of their suggestions include:
- Make a list of tasks and assign people to them.
- Contact your insurance company to transfer any policies.
- Decide where to put things in your new home.
- Start by packing things you won’t need right away (like mementos and heirlooms).
Keep You (And Your Things) Safe During The Move
You’ve done your research and got everything packed up and ready to go, and it’s now moving day. It’s an emotional time to be sure, but it could also be a risky one. After all, your body doesn’t have the same strength and resiliency, which means you have to be careful.
Before you even get to moving day, though, the AARP recommends finding reputable moving companies to help with the move. Be sure to check with the Better Business Bureau or the American Moving and Storage Association before hiring anyone. Then let trained professionals handle moving the heavy boxes and appliances. You can even rely on movers to safely pack before the move day arrives. They have the experience (and financial incentive) to keep your things safe.
Downsizing Is A Great Idea
It can be tough getting used to a new place at any age, especially as a senior. But with the financial and safety benefits, downsizing makes sense for many people. By having a good plan in place for organizing your belongings and moving safely, you can be settling in and enjoying the rest of your golden years in no time.
Homeowners in Alaska should always be aware of the foreclosure laws in Alaska and how to prevent such occurrences from happening.
In Alaska, the most common type of procedure of foreclosure is non-judicial. This means that the process of foreclosure with any property is done outside of the Courts.
This article is meant to help homeowners and distressed home sellers recognize the different types of foreclosure laws in Alaska, and to understand their own personal situations with foreclosure. Continue reading
Alaska became a part of the United States in 1959, and it is the largest, most sparsely populated state in the country. For many, visiting Alaska means the opportunity to explore vast expanses of untouched wilderness, wide-open spaces, abundant wildlife and more. Alaska is the epitome of outdoor adventure. For those who are planning to move to Alaska, there is lots of opportunity for both career and personal growth in larger cities such as Anchorage, Fairbanks and Juneau.
If you’re looking for more information before you set down roots in this amazing state, consider the following information below to help with your decision.
Advantages of Living in Alaska
The first and most obvious advantage of living in Alaska is having the opportunity to enjoy the breath-taking views every day. For those who value rich wildlife, natural views and an active lifestyle Alaska is certainly a place to set down roots.
The average temperature in Alaska is 37 degrees Fahrenheit, and the average annual snowfall from 1981-2010 ranged from 32.3″ (82cm) to 326.3″ (828cm). Individuals and families who enjoy outdoor activities, specifically in the winter will certainly be able to enjoy lots of skiing, snowboarding and other winter sports. Continue reading
Discover Anchorage with its rich history, impressive wildlife and rich culture. There is certainly something for every visitor!
In part 2 of our top 15 must-see spots in Anchorage, we are continuing on with the final top 8 locations: (If you missed the previous post, check it out!)
If you find yourself journeying through beautiful Alaska, Anchorage is a stop you’ll want to make! Anchorage is the largest town in Alaska, and visiting tourists love to explore its many inland tourist attractions and excursions! Add a stop to your plans and visit Anchorage, the world’s largest seaplane base!
In this two part series, we will be helping you identify the top fifteen tourist attractions in Anchorage, to ensure that you don’t miss out on some of the best sites Anchorage has to offer! In part one, check out these 7 attractions that will meet the expectations of history buffs, animal lovers, nature fans and more!
1. Alaska Native Heritage Center
Get to know Alaska’s eleven indigenous groups, natives and tribes. See the natives work on their traditional crafts and let them teach you how to make them yourself. You can also take part in their cultural dances, games, artifact demonstrations, and storytelling too! http://www.alaskanative.net
2. Anchorage Museum at Rasmuson Center
There is no better place to learn about the history of Alaska, the arctic and its people than the Anchorage Museum at Rasmuson Center.
Kids will love the “Imaginarium Discovery Center” as well as the “Spark Lab” where kids can take part in hands-on activities to learn about the history of invention! The modern museum is a beautifully designed, glass building that is full of permanent and visiting exhibits that you can explore again and again! https://www.anchoragemuseum.org
3. Alaska Wildlife Conservation Center
This 200-acre wildlife conservation center in Alaska was created to protect and provide refuge for injured, orphaned and sick wildlife animals. Experience up-close encounters with the wildlife, and learn about the different species and their various habitats. Some of the awesome animals you’ll see include elk, bison, eagles, bears and more! Some fun presentations for the kids include moose and musk ox calf bottle feeding, lynx feedings, and presentations with porcupines! https://www.alaskawildlife.org
Are you thinking about buying a home?
Interest rates remain very good.
See the rate chart below:
Current Interest Rates
Rates last updated: January 26th, 2016 08:51:35 GMT-0800 (AKDT)
|Today’s FHA/VA Rates|
|FHA/VA 30 Year Fixed||3.625%||4.718%|
|FHA/VA 15 Year Fixed||3.000%||4.139%|
|Today’s Conventional Rates|
|30 Year Fixed||3.875%||4.691%|
|15 Year Fixed||3.250%||3.431%|
|Today’s AHFC 30 Year Fixed|
|Tax Exempt 1st Time Home Buyer||3.625%||4.419%|
|Taxable 1st Time Home Buyer||3.750%||4.588%|
|Rural Owner Occupied||3.750%||4.588%|
Interest rates and APR for all loan programs are based on Sales price of $300,000 with minimum program down payment and owner occupied single family properties.
Conventional financing assumes a credit score of at least 740, with a minimum 5% down.
FHA financing assumes a credit score of at least 680, with a minimum down payment of 3.5%, and subject to FHA upfront and monthly MIP. Other rates available for borrowers with lower credit scores.
VA financing assumes a credit score of at least 680, zero down payment, and first time use of VA eligibility. Min Other rates available for borrowers with lower credit scores.
John Collinge is an Anchorage Realtor at Remax Dynamic Properties
Remax Dynamic Properties
Courtesy of Lisa Guillory
The Top 5 Ways to Prevent Mold Growth in your Home
Mold is an important component in nature, which helps in the breakdown of dead, organic matter. It is a fungus that has the ability to grow wherever moisture is present, which unfortunately also includes the inside of our homes. In large quantities mold can become a health hazard that is especially harmful to infants and children, causing irritations, allergic reactions or respiratory problems.